Ethical Compliance
ARMAN FIN SERV
Sector:
Financial Services
Industry:
Credit Services
Market Cap Class:
small
Revenue
94.4%
Debt
64.5%
Liquidity
19.9%
Revenue
Debt
Liquidity
94.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Net gain on Derecognition of PPE & Intangible Assets | ₹0.07 |
| Gain on Assignment of Financial Assets | ₹36.90 |
Questionable
INR Crores
| Fees and Commission Income | ₹23.30 |
| Net Gain on Fair Value Changes | ₹8.17 |
Non Compliant
INR Crores
| Interest Income | ₹593.08 |
INR Crores
| Revenue from Questionable Sources: | ₹31.47 |
| Revenue from Non Compliant Sources: | ₹593.08 |
| Total: | ₹624.55 |
| Total Revenue: | ₹661.53 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹624.55
₹661.53
= 94.4%
non-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.