ETHICAL COMPLIANCE REPORT

PANACEA BIOTEC

PANACEA BIOTEC Logo

Sector:

Healthcare

Industry:

Biotechnology

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.

0.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:33750000.005849640000.00×100=0.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{33750000.00}{5849640000.00} \times 100 = 0.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Vaccines
compliant
compliant		₹359.59
Formulations
compliant
compliant		₹199.58
Investment Gain
questionable
questionable		₹3.38
Other Income
compliant
compliant		₹14.05
Interest Income
compliant
compliant		₹8.37

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.

1.7%

CALCULATION

Debt Ratio:209940000.0012406710000.00×100=1.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{209940000.00}{12406710000.00} \times 100 = 1.70\%

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.

11.2%

CALCULATION

Liquidity Ratio:1394840000.0012406710000.00×100=11.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1394840000.00}{12406710000.00} \times 100 = 11.20\%

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\%