Ethical Compliance

STEEL AUTHORITY OF INDIA
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
large
Revenue
0.3%
Debt
21.7%
Liquidity
0.5%
Revenue
Debt
Liquidity
0.3%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Iron and Steel | ₹1,04,547.81 |
Sale of Services | ₹19.93 |
Other Operating Revenue | ₹810.59 |
Other Income | ₹744.92 |
Questionable
INR Crores
Dividend income | ₹5.52 |
Non Compliant
INR Crores
Interest Income | ₹316.52 |
INR Crores
Revenue from Questionable Sources: | ₹5.52 |
Revenue from Non Compliant Sources: | ₹316.52 |
Total: | ₹322.04 |
Total Revenue: | ₹1,06,445.29 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹322.04
₹1,06,445.29
= 0.3%
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.