Ethical Compliance

HLE GLASCOAT

Revenue

0.1%

Debt

30.2%

Liquidity

3.8%

Revenue

Debt

Liquidity

0.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹7.60

  glass lined equipment and filters and dryers equipment
₹947.85

  Sale of Services
₹14.00

  Other Operating Revenue
₹6.08

Questionable

INR Crores

  Investment Gain
₹0.27

Non Compliant

INR Crores

  Interest Income
₹0.94

INR Crores

Revenue from Questionable Sources:₹0.27
Revenue from Non Compliant Sources:₹0.94
Total:₹1.21
Total Revenue:₹976.74

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹1.21

₹976.74

= 0.1%

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.