Ethical Compliance

KHANDWALA SECURITIES
Sector:
Financial Services
Industry:
Capital Markets
Market Cap Class:
micro
Revenue
55.6%
Debt
3%
Liquidity
1.4%
Revenue
Debt
Liquidity
55.6%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Income From Capital Market Operations | ₹0.35 |
Corporate Advisory Services | ₹3.52 |
Questionable
INR Crores
Brokerage | ₹4.65 |
Other Income | ₹0.02 |
Non Compliant
INR Crores
Interest Income | ₹0.16 |
INR Crores
Revenue from Questionable Sources: | ₹4.67 |
Revenue from Non Compliant Sources: | ₹0.16 |
Total: | ₹4.84 |
Total Revenue: | ₹8.70 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹4.84
₹8.70
= 55.6%
non-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.