Ethical Compliance

BERGER PAINTS (I)

BERGER PAINTS (I)

Revenue

0.3%

Debt

2.5%

Liquidity

5.4%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  paint product & other
₹11,198.92

  other
₹30.51

Questionable

INR Crores

Non Compliant

INR Crores

  interest income
₹33.17

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹33.17
Total:₹33.17
Total Revenue:₹11,262.60

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹33.17

₹11,262.60

= 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.