Ethical Compliance

PENNAR INDUSTRIES

Revenue

0.2%

Debt

27.8%

Liquidity

5.4%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹32.60

  Export Incentive
₹3.56

  Revenue from contracts
₹68.67

  Engineering products
₹2,884.85

  Sale of Services
₹74.51

  Scrap Sales
₹98.98

Questionable

INR Crores

  Investment Gain
₹1.97

Non Compliant

INR Crores

  Interest Income
₹5.74

INR Crores

Revenue from Questionable Sources:₹1.97
Revenue from Non Compliant Sources:₹5.74
Total:₹7.71
Total Revenue:₹3,170.88

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹7.71

₹3,170.88

= 0.2%

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.