Ethical Compliance

ELECTROSTEEL CASTINGS

ELECTROSTEEL CASTINGS

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.