Ethical Compliance

APOLLO TYRES
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
large
Revenue
0.2%
Debt
14.6%
Liquidity
3.4%
Revenue
Debt
Liquidity
0.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Tyres, Tubes & others | ₹25,377.72 |
Other Income | ₹94.82 |
Questionable
INR Crores
Non Compliant
INR Crores
interest income | ₹58.75 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹58.75 |
Total: | ₹58.75 |
Total Revenue: | ₹25,531.29 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹58.75
₹25,531.29
= 0.2%
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.