ETHICAL COMPLIANCE REPORT

MARKSANS PHARMA

Sector:

Healthcare

Industry:

Drug Manufacturers - General

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Pharmaceuticals
compliant
REVENUE RATIO FILTER
1.7%
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DEBT RATIO FILTER
1.1%
View Calculations
LIQUIDITY RATIO FILTER
25.1%
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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.

1.7%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{381500000.00}{22279530000.00} \times 100 = 1.70\%

FORMULA

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

Segment	Compliance	Value
Pharmaceuticals Products	compliant	₹2,174.32
Other Operating Income	compliant	₹3.21
Other Income	compliant	₹12.27
Investment Gain	questionable	₹4.36
Interest Income	non-compliant	₹33.79

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.

1.1%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{290910000.00}{26809530000.00} \times 100 = 1.10\%

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.

25.1%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{6735770000.00}{26809530000.00} \times 100 = 25.10\%

FORMULA

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