Ethical Compliance

SHRIRAM PIST. & RING

SHRIRAM PIST. & RING

Revenue

1.5%

Debt

15.5%

Liquidity

31%

Revenue

Debt

Liquidity

1.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Sale of Scrap
₹35.07

  Export Benefits
₹9.56

  Others
₹0.49

  Sale of Machines & Spares
₹2,564.22

Questionable

INR Crores

Non Compliant

INR Crores

  Other Income
₹46.66

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹46.66
Total:₹46.66
Total Revenue:₹3,089.33

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹46.66

₹3,089.33

= 1.5%

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.