Ethical Compliance

ESTER INDUSTRIES

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.