ETHICAL COMPLIANCE REPORT

RAMKY INFRA

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

non-compliant

non-compliant

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.

5.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:1219060000.0018665520000.00×100=5.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{1219060000.00}{18665520000.00} \times 100 = 5.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Contract Revenue
compliant
compliant		₹889.83
Contract Revenue - Sca
compliant
compliant		₹380.20
Revenue From Sale of Flats and Industrial Plots
compliant
compliant		₹0.78
Operating and Maintenance Charges
compliant
compliant		₹434.31
Sale of Trading Products
compliant
compliant		₹0.21
Equipment Lease
compliant
compliant		₹0.01
Liabilities No Longer Required, Written Back
compliant
compliant		₹12.69
Gain on Sale of Property, Plant and Equipment, Net
compliant
compliant		₹4.71
Sub-contractor Recoveries
compliant
compliant		₹18.33
Miscellaneous Income
compliant
compliant		₹3.49
Insurance Claim
compliant
compliant		₹0.10
Interest Income
non-compliant
non-compliant		₹34.93
Interest Income (receivable on Sca)
non-compliant
non-compliant		₹86.98

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.

19.6%

CALCULATION

Debt Ratio:8343580000.0042621000000.00×100=19.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{8343580000.00}{42621000000.00} \times 100 = 19.60\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\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.

4.7%

CALCULATION

Liquidity Ratio:1986490000.0042621000000.00×100=4.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1986490000.00}{42621000000.00} \times 100 = 4.70\%

FORMULA

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