Ethical Compliance
SUNDARAM FINANCE
Sector:
Financial Services
Industry:
Credit Services
Market Cap Class:
large
Revenue
70.1%
Debt
0%
Liquidity
2.3%
Revenue
Debt
Liquidity
70.1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Lease Rental Income | ₹68.96 |
| Recovery of Bad Debt | ₹19.18 |
Questionable
INR Crores
| Dividend Income | ₹17.43 |
| Net Gain on Fair Value Changes | ₹106.82 |
| Net Gain on Derecognition of Financial Instruments Under Amortised Cost Category | ₹3.09 |
| Other Income | ₹37.30 |
Non Compliant
INR Crores
| Interest Income | ₹4,314.16 |
| Fees & Commission Income | ₹204.89 |
| Sale of Services | ₹373.84 |
INR Crores
| Revenue from Questionable Sources: | ₹164.64 |
| Revenue from Non Compliant Sources: | ₹4,892.89 |
| Total: | ₹5,057.53 |
| Total Revenue: | ₹7,215.15 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹5,057.53
₹7,215.15
= 70.1%
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.
