ETHICAL COMPLIANCE REPORT

SHREE CEMENT

SHREE CEMENT Logo

Sector:

Basic Materials

Industry:

Building Materials

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.

2.8%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:5879900000.00211191000000.00×100=2.80%\textbf{Revenue Ratio:} \\[12pt] \dfrac{5879900000.00}{211191000000.00} \times 100 = 2.80\%

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 Products
compliant
compliant		₹20,091.66
Other Operating Revenue
compliant
compliant		₹429.32
other income
compliant
compliant		₹10.13
interest Income
non-compliant
non-compliant		₹587.99

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.

5.3%

CALCULATION

Debt Ratio:14749200000.00279534700000.00×100=5.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{14749200000.00}{279534700000.00} \times 100 = 5.30\%

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.

1.5%

CALCULATION

Liquidity Ratio:4218100000.00279534700000.00×100=1.50%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4218100000.00}{279534700000.00} \times 100 = 1.50\%

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\%