Ethical Compliance
VARDHMAN TEXTILES
Sector:
Consumer Cyclical
Industry:
Textile Manufacturing
Market Cap Class:
medium
Revenue
2.2%
Debt
15%
Liquidity
2.7%
Revenue
Debt
Liquidity
2.2%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Textile Products | ₹9,312.41 |
| Sale of Services | ₹7.79 |
| Other Operating Revenue | ₹184.48 |
| Others | ₹160.14 |
| Other Income | ₹119.07 |
Questionable
INR Crores
| Investment Gain | ₹153.18 |
Non Compliant
INR Crores
| Interest Income | ₹53.69 |
INR Crores
| Revenue from Questionable Sources: | ₹153.18 |
| Revenue from Non Compliant Sources: | ₹53.69 |
| Total: | ₹206.87 |
| Total Revenue: | ₹9,504.68 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹206.87
₹9,504.68
= 2.2%
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.
