ETHICAL COMPLIANCE REPORT

RATNAMANI MET & TUB.

RATNAMANI MET & TUB. Logo

Sector:

Basic Materials

Industry:

Steel

Overall Compliance

compliant

compliant

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.

3.5%

CALCULATION

Debt Ratio:1424284000.0040198327000.00×100=3.50%\textbf{Debt Ratio:} \\[12pt] \dfrac{1424284000.00}{40198327000.00} \times 100 = 3.50\%

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.

5.1%

CALCULATION

Liquidity Ratio:2068965000.0040198327000.00×100=5.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2068965000.00}{40198327000.00} \times 100 = 5.10\%

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\%

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.

0.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:486806000.0051535766000.00×100=0.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{486806000.00}{51535766000.00} \times 100 = 0.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Sale of Power Generated From Windmills
compliant
compliant		₹5.22
Sale of Services
compliant
compliant		₹17.05
Other Operating Revenue
compliant
compliant		₹31.59
steel tubes and pipes
compliant
compliant		₹4,744.04
Bearing Rings
compliant
compliant		₹252.93
Pipe Spools and Auxiliary Support Systems
compliant
compliant		₹0.14
Other Income
compliant
compliant		₹23.53
interest & other
non-compliant
non-compliant		₹48.68
Sale of power generated from windmills
compliant
compliant		₹4.20
sales of service
compliant
compliant		₹26.19