Ethical Compliance
ION EXCHANGE (INDIA)
Sector:
Industrials
Industry:
Pollution & Treatment Controls
Market Cap Class:
medium
Revenue
1.5%
Debt
5.6%
Liquidity
24%
Revenue
Debt
Liquidity
1.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Finished Goods | ₹1,590.29 |
Sale of Services | ₹747.58 |
Other Operating Revenues | ₹9.98 |
other income | ₹7.12 |
Questionable
INR Crores
investment gain | ₹0.26 |
Non Compliant
INR Crores
Interest Income | ₹34.50 |
INR Crores
Revenue from Questionable Sources: | ₹0.26 |
Revenue from Non Compliant Sources: | ₹34.50 |
Total: | ₹34.76 |
Total Revenue: | ₹2,389.72 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹34.76
₹2,389.72
= 1.5%
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.