Ethical Compliance
STEELCAST
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
small
Revenue
0.5%
Debt
0%
Liquidity
3.9%
Revenue
Debt
Liquidity
0.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Other Operating Revenue | ₹9.06 |
Steel Castings | ₹400.75 |
Other Income | ₹0.83 |
Questionable
INR Crores
Net Gain on Sale of Investments | ₹0.41 |
Non Compliant
INR Crores
Interest income | ₹1.46 |
INR Crores
Revenue from Questionable Sources: | ₹0.41 |
Revenue from Non Compliant Sources: | ₹1.46 |
Total: | ₹1.87 |
Total Revenue: | ₹412.51 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹1.87
₹412.51
= 0.5%
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.