Ethical Compliance
EXCEL INDUSTRIES
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
Revenue
3.7%
Debt
0.1%
Liquidity
10.7%
Revenue
Debt
Liquidity
3.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Other Income | ₹1.46 |
| Chemicals | ₹811.98 |
| Environment and Biotech | ₹14.16 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹19.31 |
Non Compliant
INR Crores
| Interest income | ₹12.24 |
INR Crores
| Revenue from Questionable Sources: | ₹19.31 |
| Revenue from Non Compliant Sources: | ₹12.24 |
| Total: | ₹31.55 |
| Total Revenue: | ₹859.14 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹31.55
₹859.14
= 3.7%
questionable
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.
