ETHICAL COMPLIANCE REPORT

GLAND PHARMA

Sector:

Healthcare

Industry:

Drug Manufacturers - General

Overall Compliance

questionable

questionable

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.

3.4%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:1495040000.0043340940000.00×100=3.40%\textbf{Revenue Ratio:} \\[12pt] \dfrac{1495040000.00}{43340940000.00} \times 100 = 3.40\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Export incentives
compliant
compliant		₹22.99
Sale of Products ( Pharma )
compliant
compliant		₹4,144.44
Other Income
compliant
compliant		₹17.16
Interest Income
non-compliant
non-compliant		₹149.50

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.

0%

CALCULATION

Debt Ratio:32610000.0095410890000.00×100=0.00%\textbf{Debt Ratio:} \\[12pt] \dfrac{32610000.00}{95410890000.00} \times 100 = 0.00\%

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.

16.8%

CALCULATION

Liquidity Ratio:15985490000.0095410890000.00×100=16.80%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{15985490000.00}{95410890000.00} \times 100 = 16.80\%

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\%