Ethical Compliance
GALAXY SURFACTANTS
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
medium
Revenue
0.4%
Debt
4.5%
Liquidity
8.2%
Revenue
Debt
Liquidity
0.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Chemicals | ₹3,764.73 |
| Sale of Scrap | ₹4.00 |
| Government Grant and Incentives (including Export Benefits) | ₹25.65 |
| other income | ₹23.32 |
Questionable
INR Crores
| investment gain | ₹4.56 |
Non Compliant
INR Crores
| Interest Income | ₹9.02 |
INR Crores
| Revenue from Questionable Sources: | ₹4.56 |
| Revenue from Non Compliant Sources: | ₹9.02 |
| Total: | ₹13.58 |
| Total Revenue: | ₹3,831.28 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹13.58
₹3,831.28
= 0.4%
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.