Ethical Compliance

GUJ NAR VAL FER & CHEM L

GUJ NAR VAL FER & CHEM L

Revenue

4.4%

Debt

0%

Liquidity

14.3%

Revenue

Debt

Liquidity

4.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Recovery of Administrative Charges (fly Ash)
₹6.41

  Export Incentive
₹1.79

  Sale of Products - Chemicals and Fertilizers
₹7,774.21

  Sale of Scrap
₹26.83

  Sales of Service
₹120.49

  Other Income
₹439.85

Questionable

INR Crores

  Investment Gain
₹29.35

Non Compliant

INR Crores

  Interest Income
₹336.32

INR Crores

Revenue from Questionable Sources:₹29.35
Revenue from Non Compliant Sources:₹336.32
Total:₹365.67
Total Revenue:₹8,398.93

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹365.67

₹8,398.93

= 4.4%

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.