Ethical Compliance

SWARAJ ENGINES

Revenue

1.1%

Debt

0.2%

Liquidity

31.6%

Revenue

Debt

Liquidity

1.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹0.17

  Scrap & Others
₹6.50

  Engines
₹1,379.53

  Spares
₹33.21

  Sale of services
₹0.00

Questionable

INR Crores

  Net Gain on Sale of Investments
₹2.06

Non Compliant

INR Crores

  Interest income
₹13.12

INR Crores

Revenue from Questionable Sources:₹2.06
Revenue from Non Compliant Sources:₹13.12
Total:₹15.18
Total Revenue:₹1,434.59

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹15.18

₹1,434.59

= 1.1%

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.