Ethical Compliance

SHIVALIK BIMETAL CON.

Revenue

0.3%

Debt

9.5%

Liquidity

8.8%

Revenue

Debt

Liquidity

0.3%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Industrial Products
₹508.17

  Sale of Services
₹0.76

  Other Income
₹17.53

Questionable

INR Crores

  Investment Gain
₹0.01

Non Compliant

INR Crores

  Interest Income
₹1.58

INR Crores

Revenue from Questionable Sources:₹0.01
Revenue from Non Compliant Sources:₹1.58
Total:₹1.59
Total Revenue:₹528.05

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹1.59

₹528.05

= 0.3%

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.