Ethical Compliance
ASHAPURA MINECHEM
Sector:
Basic Materials
Industry:
Other Industrial Metals & Mining
Market Cap Class:
small
Revenue
0.3%
Debt
29.7%
Liquidity
4.4%
Revenue
Debt
Liquidity
0.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sales | ₹2,620.12 |
Other Operating Revenue | ₹28.68 |
Other Income | ₹55.00 |
Research & Development Fees Receipts | ₹5.01 |
Questionable
INR Crores
Investment Gain | ₹0.29 |
Non Compliant
INR Crores
Interest Income | ₹6.53 |
INR Crores
Revenue from Questionable Sources: | ₹0.29 |
Revenue from Non Compliant Sources: | ₹6.53 |
Total: | ₹6.82 |
Total Revenue: | ₹2,715.62 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹6.82
₹2,715.62
= 0.3%
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.