Ethical Compliance
SHARDA MOTOR INDS
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
medium
Revenue
1.8%
Debt
0%
Liquidity
16.3%
Revenue
Debt
Liquidity
1.8%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Sale of Services | ₹5.80 |
| Other Income | ₹36.01 |
| Other Operating Revenue | ₹26.89 |
| Automotive Components | ₹2,776.57 |
Questionable
INR Crores
| Investment Gain | ₹20.74 |
Non Compliant
INR Crores
| Interest Income | ₹31.11 |
INR Crores
| Revenue from Questionable Sources: | ₹20.74 |
| Revenue from Non Compliant Sources: | ₹31.11 |
| Total: | ₹51.85 |
| Total Revenue: | ₹2,897.12 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹51.85
₹2,897.12
= 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.
