Ethical Compliance
FINOLEX INDUSTRIES
Sector:
Industrials
Industry:
Building Products & Equipment
Market Cap Class:
medium
Revenue
3.7%
Debt
5.4%
Liquidity
0.4%
Revenue
Debt
Liquidity
3.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| sale of pipes and fittings and PVC resin | ₹4,274.10 |
| Other Operating Income | ₹43.33 |
| Other Income | ₹11.94 |
Questionable
INR Crores
| Investment Gain | ₹134.09 |
Non Compliant
INR Crores
| Interest Income | ₹33.92 |
INR Crores
| Revenue from Questionable Sources: | ₹134.09 |
| Revenue from Non Compliant Sources: | ₹33.92 |
| Total: | ₹168.01 |
| Total Revenue: | ₹4,497.38 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹168.01
₹4,497.38
= 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.
