Ethical Compliance
SHALIM PAINTS
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
Revenue
1.2%
Debt
15.8%
Liquidity
8.4%
Revenue
Debt
Liquidity
1.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Other Income | ₹1.82 |
| paints & coatings | ₹527.78 |
| Sale of Services | ₹2.80 |
| Other Operating Revenue | ₹4.33 |
Questionable
INR Crores
Non Compliant
INR Crores
| Interest Income | ₹6.30 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹6.30 |
| Total: | ₹6.30 |
| Total Revenue: | ₹543.03 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹6.30
₹543.03
= 1.2%
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.
