Ethical Compliance

STAR CEMENT
Sector:
Basic Materials
Industry:
Building Materials
Market Cap Class:
medium
Revenue
0.7%
Debt
3.6%
Liquidity
2.7%
Revenue
Debt
Liquidity
0.7%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Clinker | ₹20.06 |
Cement | ₹2,857.33 |
Power Sale | ₹1.30 |
Others | ₹9.18 |
Other Operating Income | ₹0.31 |
Incentives and subsidies | ₹16.65 |
Scrap | ₹5.84 |
Other Income | ₹6.44 |
Questionable
INR Crores
Investment Gain | ₹0.12 |
Non Compliant
INR Crores
Interest Income | ₹19.91 |
INR Crores
Revenue from Questionable Sources: | ₹0.12 |
Revenue from Non Compliant Sources: | ₹19.91 |
Total: | ₹20.02 |
Total Revenue: | ₹2,937.13 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹20.02
₹2,937.13
= 0.7%
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.