Ethical Compliance
ARVIND SMARTSPACES
Sector:
Real Estate
Industry:
Real Estate - Development
Market Cap Class:
small
Revenue
2.4%
Debt
5.1%
Liquidity
3%
Revenue
Debt
Liquidity
2.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Commercial and Residential Units | ₹330.24 |
| Plot cancellation and transfer fees | ₹0.64 |
| Project consultancy income | ₹8.73 |
| Maintenance Income | ₹0.62 |
| Others | ₹0.95 |
| Other Income | ₹1.44 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹7.91 |
Non Compliant
INR Crores
| Interest income | ₹0.35 |
INR Crores
| Revenue from Questionable Sources: | ₹7.91 |
| Revenue from Non Compliant Sources: | ₹0.35 |
| Total: | ₹8.26 |
| Total Revenue: | ₹350.88 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹8.26
₹350.88
= 2.4%
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.
