ETHICAL COMPLIANCE REPORT

VRL LOGISTICS

Sector:

Industrials

Industry:

Trucking

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Logistics
compliant
REVENUE RATIO FILTER
0.1%
View Calculations
DEBT RATIO FILTER
12.6%
View Calculations
LIQUIDITY RATIO FILTER
0.9%
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{19265000.00}{29097185000.00} \times 100 = 0.10\%

FORMULA

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

Segment	Compliance	Value
goods Transport	compliant	₹2,854.51
Transport of Passengers by Air	compliant	₹0.83
Courier Service	compliant	₹16.07
Sale of scrap materials	compliant	₹17.18
Advertisement income	compliant	₹0.03
Interest income	non-compliant	₹1.87
Net Gain on Sale of Investments	questionable	₹0.06
Other Income	compliant	₹19.17

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.

12.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{2792790000.00}{22139636000.00} \times 100 = 12.60\%

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.

0.9%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{189508000.00}{22139636000.00} \times 100 = 0.90\%

FORMULA

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