ETHICAL COMPLIANCE REPORT

STAR HEALTH & AL INS CO L

Sector:

Financial Services

Industry:

Insurance - Diversified

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Health Insurance
non-compliant
REVENUE RATIO FILTER
99.7%
View Calculations
DEBT RATIO FILTER
2.6%
View Calculations
LIQUIDITY RATIO FILTER
2.5%
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.

99.7%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{11748260000.00}{11784103000.00} \times 100 = 99.70\%

FORMULA

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

Segment	Compliance	Value
Profit on Sale of Investments	questionable	₹34.55
Interest, Dividend & Rent – (gross)	non-compliant	₹409.34
Other Income	compliant	₹3.58
Miscellaneous Insurance	questionable	₹730.93

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.

2.6%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{4700000000.00}{180543200000.00} \times 100 = 2.60\%

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.

2.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{4445800000.00}{180543200000.00} \times 100 = 2.50\%

FORMULA

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