Ethical Compliance
VARROC ENGINEERING.
Sector:
Consumer Cyclical
Industry:
Auto Parts
Market Cap Class:
medium
Revenue
0.1%
Debt
26.5%
Liquidity
2.9%
Revenue
Debt
Liquidity
0.1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Electrical & Automotive Lighting Auto Parts | ₹7,349.90 |
| Other Operating Income | ₹202.04 |
| Other Income | ₹32.79 |
Questionable
INR Crores
| Investment Gain | ₹1.88 |
Non Compliant
INR Crores
| Interest Income | ₹7.48 |
INR Crores
| Revenue from Questionable Sources: | ₹1.88 |
| Revenue from Non Compliant Sources: | ₹7.48 |
| Total: | ₹9.35 |
| Total Revenue: | ₹7,594.07 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹9.35
₹7,594.07
= 0.1%
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.
