Ethical Compliance

MTAR TECHNOLOGIES

Revenue

0.6%

Debt

18.9%

Liquidity

5%

Revenue

Debt

Liquidity

0.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Machines & Spares
₹572.60

  Other Operating Revenue
₹8.15

  Other Income
₹2.07

Questionable

INR Crores

  Net Gain on Sale of Investments
₹2.36

Non Compliant

INR Crores

  Interest income
₹1.13

INR Crores

Revenue from Questionable Sources:₹2.36
Revenue from Non Compliant Sources:₹1.13
Total:₹3.50
Total Revenue:₹586.56

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹3.50

₹586.56

= 0.6%

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.