ETHICAL COMPLIANCE REPORT

MAX INDIA

Sector:

Healthcare

Industry:

Medical Care Facilities

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Senior care
compliant
REVENUE RATIO FILTER
20.9%
View Calculations
DEBT RATIO FILTER
0.2%
View Calculations
LIQUIDITY RATIO FILTER
30.5%
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.

20.9%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{407900000.00}{1947350000.00} \times 100 = 20.90\%

FORMULA

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

Segment	Compliance	Value
Senior Living	compliant	₹120.57
Assisted Care	compliant	₹24.98
Business Investments	non-compliant	₹29.31
Others	compliant	₹0.77
Interest income	non-compliant	₹10.69
Net Gain on Sale of Investments	questionable	₹0.79
Other Income	compliant	₹7.62

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.

0.2%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{11848000.00}{6843420000.00} \times 100 = 0.20\%

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.

30.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2090192000.00}{6843420000.00} \times 100 = 30.50\%

FORMULA

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