Ethical Compliance

ELGI EQUIPMENTS
Sector:
Industrials
Industry:
Specialty Industrial Machinery
Market Cap Class:
large
Revenue
1.3%
Debt
19.9%
Liquidity
27.5%
Revenue
Debt
Liquidity
1.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Air Compressors & Automotive equipments | ₹2,992.37 |
Sale of Services | ₹209.98 |
Other Operating Revenues | ₹15.42 |
other income | ₹11.93 |
Questionable
INR Crores
Non Compliant
INR Crores
interest & other | ₹43.06 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹43.06 |
Total: | ₹43.06 |
Total Revenue: | ₹3,272.75 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹43.06
₹3,272.75
= 1.3%
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.