Ethical Compliance

ICICI SECURITIES

ICICI SECURITIES

Revenue

62.8%

Debt

65.1%

Liquidity

43.9%

Revenue

Debt

Liquidity

62.8%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Others
₹1.91

  Brokerage income
₹1,877.42

Questionable

INR Crores

  Investment Gain
₹103.74

  Dividend Income
₹0.04

Non Compliant

INR Crores

  Interest Income
₹1,673.35

  Income from services
₹1,392.75

INR Crores

Revenue from Questionable Sources:₹103.78
Revenue from Non Compliant Sources:₹3,066.10
Total:₹3,169.88
Total Revenue:₹5,051.10

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹3,169.88

₹5,051.10

= 62.8%

non-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.