Ethical Compliance
STERLING TOOLS
Sector:
Industrials
Industry:
Tools & Accessories
Market Cap Class:
small
Revenue
0.5%
Debt
16.3%
Liquidity
14.7%
Revenue
Debt
Liquidity
0.5%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| High tensile cold forged fasteners | ₹922.34 |
| Product support services | ₹0.57 |
| Other Operating Revenue | ₹9.07 |
| Other Income | ₹1.61 |
Questionable
INR Crores
| gain on sale of mutual fund | ₹0.33 |
Non Compliant
INR Crores
| Interest income | ₹4.61 |
INR Crores
| Revenue from Questionable Sources: | ₹0.33 |
| Revenue from Non Compliant Sources: | ₹4.61 |
| Total: | ₹4.94 |
| Total Revenue: | ₹938.51 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹4.94
₹938.51
= 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.
