Ethical Compliance
INDIA NIPPON ELECT
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
small
Revenue
3%
Debt
0.4%
Liquidity
2.3%
Revenue
Debt
Liquidity
3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Electronic manufacture and sale of Ignition Systems | ₹716.70 |
| Other Operating Revenue | ₹7.38 |
| Other Income | ₹2.29 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹20.79 |
Non Compliant
INR Crores
| Interest income | ₹1.79 |
INR Crores
| Revenue from Questionable Sources: | ₹20.79 |
| Revenue from Non Compliant Sources: | ₹1.79 |
| Total: | ₹22.58 |
| Total Revenue: | ₹748.95 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹22.58
₹748.95
= 3%
questionable
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.
