Ethical Compliance
SHANTHI GEARS
Sector:
Industrials
Industry:
Specialty Industrial Machinery
Market Cap Class:
small
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.