Ethical Compliance
SMC GLOBAL SECURITIES
Sector:
Financial Services
Industry:
Capital Markets
Market Cap Class:
small
Revenue
100%
Debt
1.7%
Liquidity
49.7%
Revenue
Debt
Liquidity
100%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Questionable
INR Crores
Other Income | ₹1,291.90 |
Non Compliant
INR Crores
Interest Income | ₹353.14 |
INR Crores
Revenue from Questionable Sources: | ₹1,291.90 |
Revenue from Non Compliant Sources: | ₹353.14 |
Total: | ₹1,645.04 |
Total Revenue: | ₹1,645.04 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹1,645.04
₹1,645.04
= 100%
non-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.