ETHICAL COMPLIANCE REPORT

THEMIS MEDICARE.

Sector:

Healthcare

Industry:

Drug Manufacturers - Specialty & Generic

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Pharmaceuticals Products
compliant
DEBT RATIO FILTER
16.9%
View Calculations
LIQUIDITY RATIO FILTER
3.4%
View Calculations
REVENUE RATIO FILTER
0.7%
View Calculations

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.

16.9%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{957922000.00}{5664165000.00} \times 100 = 16.90\%

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.

3.4%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{192960000.00}{5664165000.00} \times 100 = 3.40\%

FORMULA

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

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.

0.7%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{25353000.00}{3865163000.00} \times 100 = 0.70\%

FORMULA

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

Segment	Compliance	Value
Investment Gain	questionable	₹1.70
Other Income	compliant	₹2.22
Other Operating Revenue	compliant	₹5.13
Pharmaceuticals Products	compliant	₹376.63
Interest Income	non-compliant	₹0.84