Ethical Compliance
AUTOMOTIVE AXLES
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
small
Revenue
0.6%
Debt
0.5%
Liquidity
6.8%
Revenue
Debt
Liquidity
0.6%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Axles | ₹1,253.46 |
| Sale of Brakes | ₹540.41 |
| Others | ₹435.30 |
| Other Income | ₹1.35 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹0.99 |
Non Compliant
INR Crores
| Interest income | ₹13.37 |
INR Crores
| Revenue from Questionable Sources: | ₹0.99 |
| Revenue from Non Compliant Sources: | ₹13.37 |
| Total: | ₹14.36 |
| Total Revenue: | ₹2,244.88 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹14.36
₹2,244.88
= 0.6%
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.
