Ethical Compliance
REDTAPE
Sector:
Consumer Cyclical
Industry:
Footwear & Accessories
Market Cap Class:
medium
Revenue
0%
Debt
8.5%
Liquidity
1.3%
Revenue
Debt
Liquidity
0%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Footwears, Garments and allied products | ₹1,831.96 |
Export Incentives | ₹10.96 |
Other Income | ₹12.18 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest Income | ₹0.87 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹0.87 |
Total: | ₹0.87 |
Total Revenue: | ₹1,855.97 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹0.87
₹1,855.97
= 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.