Ethical Compliance
MRF
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
large
Revenue
1%
Debt
7.7%
Liquidity
1.3%
Revenue
Debt
Liquidity
1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Tyres | ₹24,979.17 |
| Sale of services | ₹31.64 |
| Scrap Sales | ₹151.12 |
| Subsidy From State Government | ₹7.28 |
| Other Income | ₹52.61 |
Questionable
INR Crores
Non Compliant
INR Crores
| Interest & other | ₹264.23 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹264.23 |
| Total: | ₹264.23 |
| Total Revenue: | ₹25,486.05 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹264.23
₹25,486.05
= 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.
