Ethical Compliance

AVALON TECHNOLOGIES

Revenue

0.9%

Debt

17.6%

Liquidity

11.4%

Revenue

Debt

Liquidity

0.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

   Electrical Equipment
₹795.07

  Sale of Services
₹70.07

  Scrap Sales
₹2.03

  Other Income
₹6.85

Questionable

INR Crores

  Investment Gain
₹6.53

Non Compliant

INR Crores

  Interest Income
₹1.50

INR Crores

Revenue from Questionable Sources:₹6.53
Revenue from Non Compliant Sources:₹1.50
Total:₹8.03
Total Revenue:₹882.04

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹8.03

₹882.04

= 0.9%

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.