Ethical Compliance
ESTER INDUSTRIES
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
Revenue
1.7%
Debt
47%
Liquidity
7.1%
Revenue
Debt
Liquidity
1.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Polyester chips and film | ₹963.92 |
Speciality Polymers | ₹99.53 |
Other Income | ₹8.75 |
Questionable
INR Crores
Net Gain on Sale of Investments | ₹14.37 |
Non Compliant
INR Crores
Interest income | ₹3.90 |
INR Crores
Revenue from Questionable Sources: | ₹14.37 |
Revenue from Non Compliant Sources: | ₹3.90 |
Total: | ₹18.27 |
Total Revenue: | ₹1,090.46 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹18.27
₹1,090.46
= 1.7%
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.