ETHICAL COMPLIANCE REPORT

SEPC

Sector:

Industrials

Industry:

Engineering & Construction

Overall Compliance

compliant

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.

1.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:107450000.003405907000.00×100=1.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{107450000.00}{3405907000.00} \times 100 = 1.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Revenue From Engineering and Construction Contracts
compliant
compliant		₹329.44
Company’s Share in Profit of Integrated Joint Ventures
compliant
compliant		₹0.01
Liabilities Written Back
compliant
compliant		₹0.39
Miscellaneous Income
questionable
questionable		₹4.78
Interest Income - Margin Money Deposits
non-compliant
non-compliant		₹2.80
Interest Income on Income Tax Refund
non-compliant
non-compliant		₹3.17

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.

20.6%

CALCULATION

Debt Ratio:4549459000.0022093013000.00×100=20.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{4549459000.00}{22093013000.00} \times 100 = 20.60\%

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.

2.8%

CALCULATION

Liquidity Ratio:609265000.0022093013000.00×100=2.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{609265000.00}{22093013000.00} \times 100 = 2.80\%

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\%