ETHICAL COMPLIANCE REPORT

BAJAJ HEALTHCARE

Sector:

Healthcare

Industry:

Drug Manufacturers - Specialty & Generic

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Pharmaceuticals
compliant
REVENUE RATIO FILTER
1.8%
View Calculations
DEBT RATIO FILTER
43.4%
View Calculations
LIQUIDITY RATIO FILTER
0.4%
View Calculations

Revenue Ratio

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.

1.8%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{86763000.00}{4820942000.00} \times 100 = 1.80\%

FORMULA

\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%

Segment	Compliance	Value
Other Income	non-compliant	₹8.35
Sale of Products	compliant	₹449.09
Interest received on Fixed Deposit	non-compliant	₹0.32
Sales of Services	compliant	₹23.84
Other operating revenue	compliant	₹0.49
Interest Income on Security Deposit	non-compliant	₹0.01

Debt Ratio

The interest bearing debt should not exceed 31% of the total assets. This is to ensure that the company is not paying a significant portion of its assets as interest.

43.4%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{3320693000.00}{7651277000.00} \times 100 = 43.40\%

FORMULA

\textbf{Debt Ratio:} \\[12pt] \dfrac{\text{Interest Bearing Debt}}{\text{Total Assets}} \times 100 \; \leq \; 30\%

Liquidity Ratio

The total liquid assets should not exceed 90% of the total assets. This is to ensure that trading this stock does not become similar to trading a currency.

0.4%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{29288000.00}{7651277000.00} \times 100 = 0.40\%

FORMULA

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{\text{Total Liquid Assets}}{\text{Total Assets}} \times 100 \; \leq \; 90\%