Ethical Compliance

VALIANT ORGANICS

Revenue

0.4%

Debt

20.6%

Liquidity

0.3%

Revenue

Debt

Liquidity

0.4%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Operating Revenue
₹5.78

  Net gain on sale of property, plant and equipment
₹0.34

  Chemicals
₹723.06

Questionable

INR Crores

  Net Gain on Sale of Investments
₹3.01

Non Compliant

INR Crores

  Interest income
₹0.16

INR Crores

Revenue from Questionable Sources:₹3.01
Revenue from Non Compliant Sources:₹0.16
Total:₹3.17
Total Revenue:₹732.36

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹3.17

₹732.36

= 0.4%

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.