Ethical Compliance

KANSAI NEROLAC PAINTS

KANSAI NEROLAC PAINTS

Revenue

0.9%

Debt

0.2%

Liquidity

0.4%

Revenue

Debt

Liquidity

0.9%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

   Paints
₹776.85

  Other Operating Revenues
₹3.30

  Other operating revenues
₹2.18

Questionable

INR Crores

Non Compliant

INR Crores

  interest & other
₹7.01

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹7.01
Total:₹7.01
Total Revenue:₹789.33

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹7.01

₹789.33

= 0.9%

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.