Ethical Compliance

THERMAX
Sector:
Industrials
Industry:
Specialty Industrial Machinery
Market Cap Class:
large
Revenue
0.2%
Debt
12.4%
Liquidity
9.6%
Revenue
Debt
Liquidity
0.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
Industrial Products | ₹8,174.98 |
Sales of Service | ₹1,062.26 |
Other Operating Revenue | ₹65.47 |
Questionable
INR Crores
Non Compliant
INR Crores
Interest Income | ₹20.75 |
INR Crores
Revenue from Questionable Sources: | ₹0.00 |
Revenue from Non Compliant Sources: | ₹20.75 |
Total: | ₹20.75 |
Total Revenue: | ₹9,556.03 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹20.75
₹9,556.03
= 0.2%
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.