Ethical Compliance

INDIABULLS REAL EST.

Revenue

60.8%

Debt

5.2%

Liquidity

2.4%

Revenue

Debt

Liquidity

60.8%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Revenue From Real Estate Properties
₹86.31

  Revenue From Sale of Land
₹94.49

  Revenue From Maintenance Services
₹20.94

  Rental and Land Lease
₹3.53

  Revenue From Construction Contracts
₹149.29

  Service Receipts and Forfeiture Income
₹9.06

Questionable

INR Crores

  Profit on Sale of Investments
₹222.96

Non Compliant

INR Crores

  Interest Income on Delayed Payments From Customers
₹0.19

  Other Income
₹61.70

INR Crores

Revenue from Questionable Sources:₹222.96
Revenue from Non Compliant Sources:₹61.89
Total:₹284.85
Total Revenue:₹468.75

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹284.85

₹468.75

= 60.8%

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.