Ethical Compliance

ELECTROSTEEL CASTINGS
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
medium
Revenue
1%
Debt
24.9%
Liquidity
4.4%
Revenue
Debt
Liquidity
1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Products | ₹7,433.22 |
Other Operating Revenues Incentive / Subsidy | ₹44.80 |
Others | ₹29.83 |
Questionable
INR Crores
Non Compliant
INR Crores
interest & other | ₹72.41 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹72.41 |
Total: | ₹72.41 |
Total Revenue: | ₹7,580.25 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹72.41
₹7,580.25
= 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.