Ethical Compliance
GLOBUS SPIRITS
Sector:
Consumer Defensive
Industry:
Beverages - Wineries & Distilleries
Market Cap Class:
small
Revenue
99.3%
Debt
12.8%
Liquidity
4.4%
Revenue
Debt
Liquidity
99.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Other Income | ₹6.95 |
| Bottling and Cleaning Charges | ₹15.39 |
Questionable
INR Crores
Non Compliant
INR Crores
| Sale of Alcholal & Related Products | ₹3,130.32 |
| Duty drawback and other export incentives | ₹1.52 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹3,131.84 |
| Total: | ₹3,131.84 |
| Total Revenue: | ₹3,154.17 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹3,131.84
₹3,154.17
= 99.3%
non-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.