Ethical Compliance

HAVELLS INDIA

HAVELLS INDIA

Revenue

1%

Debt

0%

Liquidity

24.4%

Revenue

Debt

Liquidity

1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Lloyd Consumer
₹3,809.91

  Cables
₹6,312.11

  Switchgears
₹2,240.54

  Lighting and Fixtures
₹1,639.61

  other income
₹64.08

  other
₹1,093.44

  Electrical consumer durables
₹3,480.90

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹184.88

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹184.88
Total:₹184.88
Total Revenue:₹18,838.97

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹184.88

₹18,838.97

= 1%

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.