ETHICAL COMPLIANCE REPORT

BIOCON

BIOCON Logo

Sector:

Healthcare

Industry:

Biotechnology

Overall Compliance

compliant

compliant

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.

2.1%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:3314000000.00156212000000.00×100=2.10%\textbf{Revenue Ratio:} \\[12pt] \dfrac{3314000000.00}{156212000000.00} \times 100 = 2.10\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Income
compliant
compliant		₹534.10
Generics
compliant
compliant		₹2,500.10
Biosimilars
compliant
compliant		₹8,818.30
Research
compliant
compliant		₹3,437.30
Interest Income
non-compliant
non-compliant		₹331.40

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.

28.1%

CALCULATION

Debt Ratio:157296000000.00560707000000.00×100=28.10%\textbf{Debt Ratio:} \\[12pt] \dfrac{157296000000.00}{560707000000.00} \times 100 = 28.10\%

FORMULA

Debt Ratio:Interest Bearing DebtTotal Assets×100  ≤  30%\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.

4%

CALCULATION

Liquidity Ratio:22587000000.00560707000000.00×100=4.00%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{22587000000.00}{560707000000.00} \times 100 = 4.00\%

FORMULA

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