Ethical Compliance

FINEOTEX CHEMICAL
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
Revenue
2.5%
Debt
0.9%
Liquidity
7.3%
Revenue
Debt
Liquidity
2.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Chemical Products | ₹56,756.94 |
Technical Fees | ₹45.52 |
Export Incentives & Entitlements | ₹94.57 |
Other Income | ₹174.38 |
Questionable
INR Crores
Net Gain on Sale of Investments | ₹1,283.89 |
Non Compliant
INR Crores
Interest income | ₹195.48 |
INR Crores
Revenue from Questionable Sources: | ₹1,283.89 |
Revenue from Non Compliant Sources: | ₹195.48 |
Total: | ₹1,479.37 |
Total Revenue: | ₹58,550.78 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹1,479.37
₹58,550.78
= 2.5%
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.