ETHICAL COMPLIANCE REPORT

TUBE INVEST OF INDIA

TUBE INVEST OF INDIA Logo

Sector:

Industrials

Industry:

Conglomerates

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%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:1736700000.00171420400000.00×100=1.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{1736700000.00}{171420400000.00} \times 100 = 1.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Automotive products
compliant
compliant		₹16,334.92
Other Operating Revenues
compliant
compliant		₹555.41
Interest Income
non-compliant
non-compliant		₹173.67
Others
compliant
compliant		₹78.04

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.

5.6%

CALCULATION

Debt Ratio:7401400000.00131794000000.00×100=5.60%\textbf{Debt Ratio:} \\[12pt] \dfrac{7401400000.00}{131794000000.00} \times 100 = 5.60\%

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.

9.3%

CALCULATION

Liquidity Ratio:12274000000.00131794000000.00×100=9.30%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{12274000000.00}{131794000000.00} \times 100 = 9.30\%

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\%