Ethical Compliance
NITIN SPINNERS
Sector:
Consumer Cyclical
Industry:
Textile Manufacturing
Market Cap Class:
small
Revenue
0%
Debt
49.3%
Liquidity
0%
Revenue
Debt
Liquidity
0%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Yarn | ₹1,995.52 |
| Sale of Fabric | ₹716.34 |
| Sale of Other Products | ₹169.21 |
| Sale of Services | ₹0.04 |
| Foreign Exchange Fluctuation | ₹24.54 |
| Other Income | ₹0.99 |
Questionable
INR Crores
Non Compliant
INR Crores
| Interest income | ₹1.26 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹1.26 |
| Total: | ₹1.26 |
| Total Revenue: | ₹2,907.90 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹1.26
₹2,907.90
= 0%
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.
