Ethical Compliance
VENUS PIPES & TUBES
Sector:
Basic Materials
Industry:
Steel
Market Cap Class:
small
Revenue
0.1%
Debt
19.7%
Liquidity
1%
Revenue
Debt
Liquidity
0.1%
Non Compliant
Questionable
Compliant
Compliant
INR Crores
| Other Income | ₹2.54 |
| Other Operating Revenue | ₹17.47 |
| Pipes and Tubes | ₹784.73 |
Questionable
INR Crores
Non Compliant
INR Crores
| Interest Income | ₹0.64 |
INR Crores
| Revenue from Questionable Sources: | ₹0.00 |
| Revenue from Non Compliant Sources: | ₹0.64 |
| Total: | ₹0.64 |
| Total Revenue: | ₹805.38 |
Formula
Revenue from Questionable & Non Compliant Sources
Total Revenue
≤ 0.03 or 3%
Calculation
₹0.64
₹805.38
= 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.
