Ethical Compliance

NELCAST

Revenue

0.5%

Debt

29.1%

Liquidity

7.5%

Revenue

Debt

Liquidity

0.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Iron Casting
₹1,257.57

  Export Incentives
₹9.38

  Other Income
₹7.96

Questionable

INR Crores

Non Compliant

INR Crores

  Interest Income
₹6.31

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹6.31
Total:₹6.31
Total Revenue:₹1,281.22

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹6.31

₹1,281.22

= 0.5%

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.