Ethical Compliance
CHEMBOND CHEMICALS
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
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.