ETHICAL COMPLIANCE REPORT

SHIPPING CORP OF INDIA LT

SHIPPING CORP OF INDIA LT Logo

Sector:

Industrials

Industry:

Marine Shipping

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.

0%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:0.00989400000.00×100=0.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{0.00}{989400000.00} \times 100 = 0.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Interest on Bank Fixed /Term Deposits -A/c
compliant
compliant		₹81.72
Maritime Training Institute
compliant
compliant		₹17.22

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.

83.3%

CALCULATION

Debt Ratio:29142200000.0034982000000.00×100=83.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{29142200000.00}{34982000000.00} \times 100 = 83.30\%

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.

0.1%

CALCULATION

Liquidity Ratio:33000000.0034982000000.00×100=0.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{33000000.00}{34982000000.00} \times 100 = 0.10\%

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\%