Ethical Compliance
VARDHMAN SPC STEEL
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
small
Revenue
0.2%
Debt
8%
Liquidity
0.7%
Revenue
Debt
Liquidity
0.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Iron & Steel Products | ₹1,649.99 |
| Other Operating Revenue | ₹11.37 |
| Other Income | ₹26.16 |
Questionable
INR Crores
| Investment Gain | ₹2.18 |
Non Compliant
INR Crores
| Interest Income | ₹1.49 |
INR Crores
| Revenue from Questionable Sources: | ₹2.18 |
| Revenue from Non Compliant Sources: | ₹1.49 |
| Total: | ₹3.66 |
| Total Revenue: | ₹1,691.18 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹3.66
₹1,691.18
= 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.
