ETHICAL COMPLIANCE REPORT

POLY MEDICURE

Sector:

Healthcare

Industry:

Medical Instruments & Supplies

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.

2.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:353981000.0014345444000.00×100=2.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{353981000.00}{14345444000.00} \times 100 = 2.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Medical Devices
compliant
compliant		₹1,365.69
Other Operating Income
compliant
compliant		₹10.10
Interest Income
non-compliant
non-compliant		₹11.84
Other Income
compliant
compliant		₹23.35
Investment Gain
questionable
questionable		₹23.56

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.

9.2%

CALCULATION

Debt Ratio:1702146000.0018586719000.00×100=9.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{1702146000.00}{18586719000.00} \times 100 = 9.20\%

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.

7.9%

CALCULATION

Liquidity Ratio:1468583000.0018586719000.00×100=7.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1468583000.00}{18586719000.00} \times 100 = 7.90\%

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\%