Ethical Compliance
HERO MOTOCORP
Sector:
Consumer Cyclical
Industry:
Auto Manufacturers
Market Cap Class:
large
Revenue
2.2%
Debt
1.4%
Liquidity
2.7%
Revenue
Debt
Liquidity
2.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Two Wheelers | ₹31,326.34 |
| Spare Parts | ₹5,829.83 |
| Dealers Support Services | ₹75.04 |
| Goodlife Program for Customers | ₹42.43 |
| Services - Others | ₹325.39 |
| Duty Drawback and Other Incentives | ₹36.86 |
| Incentive From State Governments | ₹44.15 |
| Miscellaneous Income | ₹108.58 |
| Other Income | ₹10.81 |
Questionable
INR Crores
Non Compliant
INR Crores
| interest & dividend | ₹843.73 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹843.73 |
| Total: | ₹843.73 |
| Total Revenue: | ₹38,643.16 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹843.73
₹38,643.16
= 2.2%
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.
