Ethical Compliance

ROYAL ORCHID HOTELS
Sector:
Consumer Cyclical
Industry:
Lodging
Market Cap Class:
small
Revenue
33.2%
Debt
42.5%
Liquidity
10.9%
Revenue
Debt
Liquidity
33.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Room Nights | ₹137.79 |
Other Services | ₹8.69 |
From Hotel Management and Consultancy Services | ₹23.87 |
Other Income | ₹11.87 |
Questionable
INR Crores
Food, Beverages and Banquets | ₹93.20 |
Non Compliant
INR Crores
Interest Income | ₹4.27 |
INR Crores
Revenue from Questionable Sources: | ₹93.20 |
Revenue from Non Compliant Sources: | ₹4.27 |
Total: | ₹97.47 |
Total Revenue: | ₹293.61 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹97.47
₹293.61
= 33.2%
non-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.