Ethical Compliance

STEL HOLDINGS

Revenue

100%

Debt

0%

Liquidity

1.9%

Revenue

Debt

Liquidity

100%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

Questionable

INR Crores

  Dividend Income
₹16.99

Non Compliant

INR Crores

  Interest Income
₹1.48

INR Crores

Revenue from Questionable Sources:₹16.99
Revenue from Non Compliant Sources:₹1.48
Total:₹18.46
Total Revenue:₹18.46

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹18.46

₹18.46

= 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.