Ethical Compliance

ICICI SECURITIES
Sector:
Financial Services
Industry:
Capital Markets
Market Cap Class:
large
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.