Ethical Compliance

SAGAR CEMENTS

Revenue

1.8%

Debt

33%

Liquidity

6%

Revenue

Debt

Liquidity

1.8%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Cement and Clinker
₹2,495.58

  Sale of Power
₹2.67

  Other Operating Revenue
₹6.36

  Other Income
₹8.62

Questionable

INR Crores

  Net Gain on Sale of Investments
₹31.89

Non Compliant

INR Crores

  Interest income
₹13.61

INR Crores

Revenue from Questionable Sources:₹31.89
Revenue from Non Compliant Sources:₹13.61
Total:₹45.50
Total Revenue:₹2,558.73

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹45.50

₹2,558.73

= 1.8%

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.