Ethical Compliance
HINDUSTAN OIL EXPLORATION
Sector:
Energy
Industry:
Oil & Gas E&P
Market Cap Class:
small
Revenue
1.5%
Debt
8.9%
Liquidity
4.4%
Revenue
Debt
Liquidity
1.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Other Income | ₹7.21 |
| Sale of Crude Oil / Condensate | ₹232.40 |
| Vessel Hire Charges | ₹171.98 |
| Sale of Natural Gas | ₹344.76 |
Questionable
INR Crores
| Investment Gain | ₹2.72 |
Non Compliant
INR Crores
| Interest Income | ₹8.75 |
INR Crores
| Revenue from Questionable Sources: | ₹2.72 |
| Revenue from Non Compliant Sources: | ₹8.75 |
| Total: | ₹11.47 |
| Total Revenue: | ₹767.81 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹11.47
₹767.81
= 1.5%
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.
