Ethical Compliance

PANACEA BIOTEC

PANACEA BIOTEC

Revenue

0.6%

Debt

1.7%

Liquidity

11.2%

Revenue

Debt

Liquidity

0.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Vaccines
₹359.59

  Formulations
₹199.58

  Other Income
₹14.05

  Interest Income
₹8.37

Questionable

INR Crores

  Investment Gain
₹3.38

Non Compliant

INR Crores

INR Crores

Revenue from Questionable Sources:₹3.38
Revenue from Non Compliant Sources:₹0.00
Total:₹3.38
Total Revenue:₹584.96

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹3.38

₹584.96

= 0.6%

compliant

Rationale

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.