Ethical Compliance

S H KELKAR AND CO..

Revenue

0.2%

Debt

25.7%

Liquidity

4.3%

Revenue

Debt

Liquidity

0.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Fragrance
₹1,695.27

  Flavours
₹234.72

  Other Income
₹3.08

Questionable

INR Crores

  Net Gain on Sale of Investments
₹1.24

Non Compliant

INR Crores

  Interest income
₹1.71

INR Crores

Revenue from Questionable Sources:₹1.24
Revenue from Non Compliant Sources:₹1.71
Total:₹2.95
Total Revenue:₹1,936.02

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹2.95

₹1,936.02

= 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.