Ethical Compliance
MM FORGINGS
Sector:
Industrials
Industry:
Metal Fabrication
Market Cap Class:
small
Revenue
1%
Debt
41.2%
Liquidity
10.7%
Revenue
Debt
Liquidity
1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Steel Forgings | ₹1,547.12 |
| Other Operating Revenue | ₹15.95 |
| Other Income | ₹6.40 |
Questionable
INR Crores
| Dividend income | ₹15.15 |
Non Compliant
INR Crores
| Interest income | ₹0.24 |
INR Crores
| Revenue from Questionable Sources: | ₹15.15 |
| Revenue from Non Compliant Sources: | ₹0.24 |
| Total: | ₹15.39 |
| Total Revenue: | ₹1,584.85 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹15.39
₹1,584.85
= 1%
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.
