Ethical Compliance
ASIAN PAINTS
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
large
Revenue
0.5%
Debt
3.7%
Liquidity
3.6%
Revenue
Debt
Liquidity
0.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| incentive | ₹112.61 |
| Other Income | ₹518.03 |
| Paints, décor and related products | ₹35,248.88 |
| Painting, décor and related services | ₹133.24 |
Questionable
INR Crores
Non Compliant
INR Crores
| interest | ₹169.93 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹169.93 |
| Total: | ₹169.93 |
| Total Revenue: | ₹36,182.69 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹169.93
₹36,182.69
= 0.5%
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.
