Ethical Compliance
INDIGO PAINTS
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
medium
Revenue
1%
Debt
0.2%
Liquidity
2.6%
Revenue
Debt
Liquidity
1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Paints & service | ₹1,300.38 |
| Other Operating Revenue | ₹5.70 |
| Other Income | ₹1.25 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹12.78 |
Non Compliant
INR Crores
| Interest income | ₹0.19 |
INR Crores
| Revenue from Questionable Sources: | ₹12.78 |
| Revenue from Non Compliant Sources: | ₹0.19 |
| Total: | ₹12.96 |
| Total Revenue: | ₹1,320.30 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹12.96
₹1,320.30
= 1%
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.
