Ethical Compliance

AZAD ENGINEERING

Revenue

5.1%

Debt

4.7%

Liquidity

7.4%

Revenue

Debt

Liquidity

5.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Aerospace components
₹268.68

  Other Operating Revenue
₹12.65

  Other Income
₹12.97

  Sale of Services
₹59.44

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹19.02

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹19.02
Total:₹19.02
Total Revenue:₹372.76

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹19.02

₹372.76

= 5.1%

non-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.