Ethical Compliance
ESSAR SHIPPING
Sector:
Industrials
Industry:
Marine Shipping
Market Cap Class:
small
Revenue
50.3%
Debt
290%
Liquidity
2.6%
Revenue
Debt
Liquidity
50.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Fleet Operating and Chartering Earnings | ₹1.84 |
| Rig Operating and Chartering Earnings | ₹10.93 |
| Supervision / Management Fees | ₹7.46 |
| Other Income | ₹20.84 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹13.87 |
Non Compliant
INR Crores
| Interest Income | ₹27.67 |
INR Crores
| Revenue from Questionable Sources: | ₹13.87 |
| Revenue from Non Compliant Sources: | ₹27.67 |
| Total: | ₹41.54 |
| Total Revenue: | ₹82.61 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹41.54
₹82.61
= 50.3%
non-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.
