Ethical Compliance
IFGL REFRACTORIES
Sector:
Basic Materials
Industry:
Building Materials
Market Cap Class:
small
Revenue
0.2%
Debt
11.7%
Liquidity
4.8%
Revenue
Debt
Liquidity
0.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Iron & Steel Products | ₹1,603.79 |
| Sale of services | ₹27.19 |
| Other Operating Revenue | ₹8.51 |
| Other Income | ₹15.85 |
Questionable
INR Crores
Non Compliant
INR Crores
| Interest income | ₹2.93 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹2.93 |
| Total: | ₹2.93 |
| Total Revenue: | ₹1,658.26 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹2.93
₹1,658.26
= 0.2%
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.