ETHICAL COMPLIANCE REPORT

PNC INFRATECH.

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Construction & Engineering
compliant
REVENUE RATIO FILTER
9.2%
View Calculations
DEBT RATIO FILTER
51.4%
View Calculations
LIQUIDITY RATIO FILTER
8.8%
View Calculations

Revenue Ratio

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.

9.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{8021861000.00}{87274388000.00} \times 100 = 9.20\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Sale of Product- Construction & Engineering Contract Revenue*	compliant	₹7,707.18
Sale of Product- Toll Collection	compliant	₹197.97
Sale of Material and Others	compliant	₹4.68
Interest Income	non-compliant	₹30.25
Interest on service concession receivables	non-compliant	₹740.04
Investment Gain	questionable	₹31.90
Other Income	compliant	₹15.42

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

51.4%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{80164578000.00}{156102141000.00} \times 100 = 51.40\%

FORMULA

\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

8.8%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{13787027000.00}{156102141000.00} \times 100 = 8.80\%

FORMULA

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%