Ethical Compliance

ADOR WELDING

ADOR WELDING

Revenue

0.5%

Debt

8.2%

Liquidity

0.5%

Revenue

Debt

Liquidity

0.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Consumables
₹677.80

  Other Income
₹8.74

  Equipment and automation
₹171.31

  Flares & Process Equipment Division
₹34.72

Questionable

INR Crores

  Net Gain on Sale of Investments
₹2.92

Non Compliant

INR Crores

  Interest income
₹1.41

INR Crores

Revenue from Questionable Sources:₹2.92
Revenue from Non Compliant Sources:₹1.41
Total:₹4.33
Total Revenue:₹896.90

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹4.33

₹896.90

= 0.5%

compliant

Rationale

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.