Ethical Compliance

BHARAT FORGE

BHARAT FORGE

Revenue

1.1%

Debt

38.9%

Liquidity

8.7%

Revenue

Debt

Liquidity

1.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Industrial Products
₹14,823.01

  Tooling Income
₹88.69

  Job Work Charges
₹127.67

  Manufacturing Scrap
₹3.57

  Government Grants - Export Incentives
₹514.37

  Sale of Electricity/rec - Windmills
₹120.32

  Other Income
₹4.44

  Other
₹46.38

Questionable

INR Crores

Non Compliant

INR Crores

  interest & other
₹181.04

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹181.04
Total:₹181.04
Total Revenue:₹15,909.50

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹181.04

₹15,909.50

= 1.1%

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.