Ethical Compliance

INDIA PESTICIDES

Revenue

1.6%

Debt

1.8%

Liquidity

11.2%

Revenue

Debt

Liquidity

1.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Export Incentives
₹1.87

  Other Income
₹4.18

  Agro Chemicals
₹678.54

Questionable

INR Crores

  Net Gain on Sale of Investments
₹1.91

Non Compliant

INR Crores

  Interest Income
₹9.04

INR Crores

Revenue from Questionable Sources:₹1.91
Revenue from Non Compliant Sources:₹9.04
Total:₹10.95
Total Revenue:₹695.55

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹10.95

₹695.55

= 1.6%

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.