Ethical Compliance

THERMAX

THERMAX

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.