ETHICAL COMPLIANCE REPORT

ORCHID PHARMA

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.

1.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:163481000.008502310000.00×100=1.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{163481000.00}{8502310000.00} \times 100 = 1.90\%

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 Operating Revenue
compliant
compliant		₹3.25
Interest income
non-compliant
non-compliant		₹16.35
Other Income
compliant
compliant		₹14.51
Pharmaceuticals
compliant
compliant		₹815.12
Sale of Services
compliant
compliant		₹0.99

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.

8.7%

CALCULATION

Debt Ratio:1344773000.0015538739000.00×100=8.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{1344773000.00}{15538739000.00} \times 100 = 8.70\%

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.

17.2%

CALCULATION

Liquidity Ratio:2665651000.0015538739000.00×100=17.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2665651000.00}{15538739000.00} \times 100 = 17.20\%

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\%