Ethical Compliance

CERA SANITARYWARE

CERA SANITARYWARE

Revenue

3.1%

Debt

1.1%

Liquidity

2%

Revenue

Debt

Liquidity

3.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  building Products
₹1,865.81

  Sale of Services
₹0.67

  Other Operating Revenue
₹12.92

Questionable

INR Crores

  investment gain
₹51.99

  other income
₹3.11

Non Compliant

INR Crores

  interest Income
₹4.41

INR Crores

Revenue from Questionable Sources:₹55.10
Revenue from Non Compliant Sources:₹4.41
Total:₹59.50
Total Revenue:₹1,938.92

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹59.50

₹1,938.92

= 3.1%

questionable

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.