Ethical Compliance

SHANTHI GEARS

Revenue

2.2%

Debt

0%

Liquidity

2.3%

Revenue

Debt

Liquidity

2.2%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹8.42

  Sale of AutoMobile Parts
₹527.63

  Other Income
₹8.78

Questionable

INR Crores

  Net Gain on Sale of Investments
₹3.49

Non Compliant

INR Crores

  Interest income
₹8.79

INR Crores

Revenue from Questionable Sources:₹3.49
Revenue from Non Compliant Sources:₹8.79
Total:₹12.28
Total Revenue:₹557.11

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹12.28

₹557.11

= 2.2%

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.