Ethical Compliance

PI INDUSTRIES

PI INDUSTRIES

Revenue

2.5%

Debt

1.2%

Liquidity

25.1%

Revenue

Debt

Liquidity

2.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Active Ingredients and Intermediates
₹6,080.50

  Other Income
₹12.40

  Formulations
₹1,217.20

  Contract Manufacturing Organisation
₹272.30

  Contract Research Organisation
₹37.30

  other
₹58.50

Questionable

INR Crores

Non Compliant

INR Crores

  interest & other
₹195.30

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹195.30
Total:₹195.30
Total Revenue:₹7,873.50

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹195.30

₹7,873.50

= 2.5%

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.