Ethical Compliance

SMC GLOBAL SECURITIES

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.