Ethical Compliance

ONWARD TECHNOLOGIES

Revenue

1.1%

Debt

9.9%

Liquidity

11%

Revenue

Debt

Liquidity

1.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹2.17

  Mechanical Engineering Design and IT Services
₹472.39

Questionable

INR Crores

Non Compliant

INR Crores

  Interest income
₹5.10

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹5.10
Total:₹5.10
Total Revenue:₹479.66

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹5.10

₹479.66

= 1.1%

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.