Ethical Compliance

CHEMBOND CHEMICALS

Revenue

2.3%

Debt

1.5%

Liquidity

9%

Revenue

Debt

Liquidity

2.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Specialty Chemicals
₹423.27

  Sale of services
₹37.05

  Other Operating Revenue
₹1.66

  Other Income
₹6.08

Questionable

INR Crores

  Net Gain on Sale of Investments
₹9.43

Non Compliant

INR Crores

  Interest income
₹1.75

INR Crores

Revenue from Questionable Sources:₹9.43
Revenue from Non Compliant Sources:₹1.75
Total:₹11.18
Total Revenue:₹479.25

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹11.18

₹479.25

= 2.3%

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.