ETHICAL COMPLIANCE REPORT

SURYA ROSHNI

Sector:

Basic Materials

Industry:

Steel

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Iron & Steel Products
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
0.1%
View Calculations
LIQUIDITY RATIO FILTER
1.6%
View Calculations

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.

0.1%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{85000000.00}{78276100000.00} \times 100 = 0.10\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Steel Pipe and Strips	compliant	₹6,195.32
Lighting and Consumer Durables	compliant	₹1,510.90
Other Operating Revenue	compliant	₹47.22
Sale of Services	compliant	₹60.28
Interest Income	non-compliant	₹8.50
Other Income	compliant	₹5.39

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.

0.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{37300000.00}{29217300000.00} \times 100 = 0.10\%

FORMULA

\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.

1.6%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{455700000.00}{29217300000.00} \times 100 = 1.60\%

FORMULA

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