Ethical Compliance
HAPPY FORGINGS
Sector:
Industrials
Industry:
Metal Fabrication
Market Cap Class:
medium
Revenue
0.7%
Debt
10.8%
Liquidity
8.9%
Revenue
Debt
Liquidity
0.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| other income | ₹3.16 |
| machine components | ₹1,229.27 |
| Die design and preparation charges | ₹13.81 |
| Sale of manufacturing scrap | ₹101.64 |
| Government Grants | ₹13.51 |
Questionable
INR Crores
| investment gain | ₹2.54 |
Non Compliant
INR Crores
| Interest Income | ₹7.65 |
INR Crores
| Revenue from Questionable Sources: | ₹2.54 |
| Revenue from Non Compliant Sources: | ₹7.65 |
| Total: | ₹10.19 |
| Total Revenue: | ₹1,371.59 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹10.19
₹1,371.59
= 0.7%
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.
