Ethical Compliance
MINDA CORPORATION
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
medium
Revenue
0.3%
Debt
10.1%
Liquidity
5.6%
Revenue
Debt
Liquidity
0.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Automotive Products | ₹4,580.10 |
Other Operating Revenue | ₹71.00 |
Other income | ₹3.10 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest Income | ₹12.60 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹12.60 |
Total: | ₹12.60 |
Total Revenue: | ₹4,666.80 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹12.60
₹4,666.80
= 0.3%
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.