Ethical Compliance
SIRCA PAINT INDIA
Sector:
Basic Materials
Industry:
Specialty Chemicals
Market Cap Class:
small
Revenue
1.5%
Debt
0%
Liquidity
19.9%
Revenue
Debt
Liquidity
1.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Sale of Decorative Parts | ₹311.72 |
Other Income | ₹1.70 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest income | ₹4.66 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹4.66 |
Total: | ₹4.66 |
Total Revenue: | ₹318.08 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹4.66
₹318.08
= 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.