Ethical Compliance
ADVANCED ENZYME TECH
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
Revenue
3.3%
Debt
1.6%
Liquidity
9.3%
Revenue
Debt
Liquidity
3.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Enzymes | ₹617.43 |
| Export | ₹6.05 |
| Export incentives | ₹0.39 |
| Other Income | ₹14.73 |
Questionable
INR Crores
| Mark to mark gain on marketable securities | ₹8.61 |
Non Compliant
INR Crores
| Interest Income | ₹13.33 |
INR Crores
| Revenue from Questionable Sources: | ₹8.61 |
| Revenue from Non Compliant Sources: | ₹13.33 |
| Total: | ₹21.94 |
| Total Revenue: | ₹660.53 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹21.94
₹660.53
= 3.3%
questionable
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.
