ETHICAL COMPLIANCE REPORT

TTK HEALTHCARE

Sector:

Healthcare

Industry:

Drug Manufacturers - General

Overall Compliance

non-compliant

PRIMARY BUSINESS FILTER
Pharmaceuticals & other
compliant
REVENUE RATIO FILTER
7.6%
View Calculations
DEBT RATIO FILTER
1.8%
View Calculations
LIQUIDITY RATIO FILTER
64.5%
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.

7.6%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{622171000.00}{8154009000.00} \times 100 = 7.60\%

FORMULA

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

Segment	Compliance	Value
Sale of Pharmaceuticals Products	compliant	₹747.64
Other Operating Revenue	compliant	₹5.15
Interest income	non-compliant	₹62.11
Dividend income	questionable	₹0.11
Other Income	compliant	₹0.39

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.

1.8%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{214730000.00}{12005947000.00} \times 100 = 1.80\%

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.

64.5%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{7749403000.00}{12005947000.00} \times 100 = 64.50\%

FORMULA

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