Ethical Compliance

ASHAPURA MINECHEM

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.