ETHICAL COMPLIANCE REPORT

LAURUS LABS

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Sector:

Healthcare

Industry:

Drug Manufacturers - Specialty & Generic

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.

0%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:0.0047277700000.00×100=0.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{0.00}{47277700000.00} \times 100 = 0.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
API, Intermediates and Formulations
compliant
compliant		₹4,508.61
Contract research services
compliant
compliant		₹153.91
Other Operating Revenue
compliant
compliant		₹38.20
Other Income
compliant
compliant		₹27.05

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.

24.4%

CALCULATION

Debt Ratio:20490600000.0083870300000.00×100=24.40%\textbf{Debt Ratio:} \\[12pt] \dfrac{20490600000.00}{83870300000.00} \times 100 = 24.40\%

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.

0.5%

CALCULATION

Liquidity Ratio:429200000.0083870300000.00×100=0.50%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{429200000.00}{83870300000.00} \times 100 = 0.50\%

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\%