Ethical Compliance
GRASIM INDUSTRIES
Sector:
Basic Materials
Industry:
Building Materials
Market Cap Class:
large
Revenue
26.6%
Debt
32.7%
Liquidity
1.1%
Revenue
Debt
Liquidity
26.6%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Manufactured Products & service | ₹95,610.25 |
| other income | ₹1,399.48 |
Questionable
INR Crores
| Income From Health Insurance Premium (net) | ₹14,512.21 |
Non Compliant
INR Crores
| Financial Services | ₹1,468.80 |
| interest & dividend | ₹17,083.61 |
| Fair Value Changes of Financial Services Business | ₹845.15 |
| Income on derecognised (assigned) loans | ₹58.98 |
| other | ₹1,264.10 |
INR Crores
| Revenue from Questionable Sources: | ₹14,512.21 |
| Revenue from Non Compliant Sources: | ₹20,720.64 |
| Total: | ₹35,232.85 |
| Total Revenue: | ₹1,32,242.58 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹35,232.85
₹1,32,242.58
= 26.6%
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.
