Ethical Compliance
INDIAN METALS & FERRO
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
small
Revenue
1.2%
Debt
5.9%
Liquidity
3.4%
Revenue
Debt
Liquidity
1.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Ferro Chrome | ₹2,741.56 |
| Fly Ash Bricks | ₹1.51 |
| Low Density Aggregate | ₹0.28 |
| Other Operating Revenues | ₹36.82 |
| Other Income | ₹7.62 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹26.89 |
Non Compliant
INR Crores
| Interest income | ₹5.96 |
INR Crores
| Revenue from Questionable Sources: | ₹26.89 |
| Revenue from Non Compliant Sources: | ₹5.96 |
| Total: | ₹32.85 |
| Total Revenue: | ₹2,822.39 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹32.85
₹2,822.39
= 1.2%
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.
