Ethical Compliance
MAX ESTATES
Sector:
Real Estate
Industry:
Real Estate - Development
Market Cap Class:
medium
Revenue
17.5%
Debt
4104.7%
Liquidity
1277.3%
Revenue
Debt
Liquidity
17.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| constructed properties, lease income and facility management | ₹9,294.37 |
| Other Income | ₹633.18 |
Questionable
INR Crores
| Net Gain on Sale of Investments | ₹918.51 |
Non Compliant
INR Crores
| Interest income | ₹1,180.95 |
INR Crores
| Revenue from Questionable Sources: | ₹918.51 |
| Revenue from Non Compliant Sources: | ₹1,180.95 |
| Total: | ₹2,099.46 |
| Total Revenue: | ₹12,027.01 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹2,099.46
₹12,027.01
= 17.5%
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.
