Ethical Compliance
INDO BORAX & CHEMICAL
Sector:
Basic Materials
Industry:
Chemicals
Market Cap Class:
micro
Revenue
3.4%
Debt
0%
Liquidity
38.7%
Revenue
Debt
Liquidity
3.4%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Flat | ₹0.08 |
Sales of Boron Product & other chemicals | ₹191.22 |
Other Income | ₹4.79 |
Questionable
INR Crores
Net Gain on Sale of Investments | ₹0.91 |
Non Compliant
INR Crores
Interest income | ₹6.07 |
INR Crores
Revenue from Questionable Sources: | ₹0.91 |
Revenue from Non Compliant Sources: | ₹6.07 |
Total: | ₹6.99 |
Total Revenue: | ₹203.08 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹6.99
₹203.08
= 3.4%
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.