Ethical Compliance

MAITHAN ALLOYS

MAITHAN ALLOYS

Revenue

16%

Debt

0.8%

Liquidity

2.2%

Revenue

Debt

Liquidity

16%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Iron & Steel Products
₹1,697.78

  Other Operating Revenue
₹30.86

  Other Income
₹23.98

Questionable

INR Crores

  Investment Gain
₹281.13

Non Compliant

INR Crores

  Interest Income
₹52.41

INR Crores

Revenue from Questionable Sources:₹281.13
Revenue from Non Compliant Sources:₹52.41
Total:₹333.54
Total Revenue:₹2,086.16

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹333.54

₹2,086.16

= 16%

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.