Ethical Compliance
SAFARI IND (INDIA)
Sector:
Consumer Cyclical
Industry:
Footwear & Accessories
Market Cap Class:
medium
Revenue
0.7%
Debt
3.6%
Liquidity
19.1%
Revenue
Debt
Liquidity
0.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Scrap | ₹3.43 |
Luggage and Luggage Accessories | ₹1,546.99 |
other income | ₹2.78 |
Questionable
INR Crores
investment gain | ₹2.40 |
Non Compliant
INR Crores
Interest Income | ₹8.70 |
INR Crores
Revenue from Questionable Sources: | ₹2.40 |
Revenue from Non Compliant Sources: | ₹8.70 |
Total: | ₹11.10 |
Total Revenue: | ₹1,564.30 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹11.10
₹1,564.30
= 0.7%
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.