Ethical Compliance
ELECON ENG. CO.
Sector:
Industrials
Industry:
Specialty Industrial Machinery
Market Cap Class:
medium
Revenue
1%
Debt
0%
Liquidity
12.4%
Revenue
Debt
Liquidity
1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Transmission Equipment Material Handling Equipment & | ₹1,857.41 |
Erection, commissioning and service charges | ₹26.53 |
others | ₹22.59 |
Other Operating Revenues | ₹30.89 |
other income | ₹23.41 |
Questionable
INR Crores
investment gain | ₹1.95 |
Non Compliant
INR Crores
Interest Income | ₹18.70 |
INR Crores
Revenue from Questionable Sources: | ₹1.95 |
Revenue from Non Compliant Sources: | ₹18.70 |
Total: | ₹20.65 |
Total Revenue: | ₹1,981.48 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹20.65
₹1,981.48
= 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.