Ethical Compliance

NCL INDUSTRIES

Revenue

0.1%

Debt

14.2%

Liquidity

3.5%

Revenue

Debt

Liquidity

0.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Cement
₹1,729.34

  Boards
₹188.12

  Energy
₹1.54

  RMC
₹124.65

  Doors
₹36.49

  Other Income
₹16.55

Questionable

INR Crores

Non Compliant

INR Crores

  Interest income
₹2.34

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹2.34
Total:₹2.34
Total Revenue:₹1,890.24

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹2.34

₹1,890.24

= 0.1%

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.