Ethical Compliance

TECH MAHINDRA

TECH MAHINDRA

Revenue

52.5%

Debt

3.5%

Liquidity

10.9%

Revenue

Debt

Liquidity

52.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Manufacturing
₹9,225.50

  Technology
₹5,574.10

  Retail, Transport and Logistics
₹4,233.90

  other income
₹610.90

  Other
₹5,473.70

Questionable

INR Crores

  Communications and Media & Entertainment
₹19,167.20

Non Compliant

INR Crores

  Financial Services
₹8,321.10

  interest income
₹306.00

INR Crores

Revenue from Questionable Sources:₹19,167.20
Revenue from Non Compliant Sources:₹8,627.10
Total:₹27,794.30
Total Revenue:₹52,912.40

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹27,794.30

₹52,912.40

= 52.5%

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.