Ethical Compliance

GREENPANEL INDUSTRIES

GREENPANEL INDUSTRIES

Revenue

1.2%

Debt

14.2%

Liquidity

7.4%

Revenue

Debt

Liquidity

1.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Plywood, Medium Density Fibre Boards (mdf) and Allied Products
₹1,563.93

  Other Income
₹2.94

  Other Operating Revenue
₹3.32

Questionable

INR Crores

Non Compliant

INR Crores

  Interest income
₹18.93

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹18.93
Total:₹18.93
Total Revenue:₹1,589.12

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹18.93

₹1,589.12

= 1.2%

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.