Ethical Compliance

MANGALAM CEMENT

Revenue

1.3%

Debt

29%

Liquidity

7.5%

Revenue

Debt

Liquidity

1.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Cement
₹1,674.29

  Mdf Boards
₹51.19

  Other Income
₹15.82

Questionable

INR Crores

  Net Gain on Sale of Investments
₹9.04

Non Compliant

INR Crores

  Interest Income
₹13.62

INR Crores

Revenue from Questionable Sources:₹9.04
Revenue from Non Compliant Sources:₹13.62
Total:₹22.66
Total Revenue:₹1,763.96

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹22.66

₹1,763.96

= 1.3%

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.