ETHICAL COMPLIANCE REPORT

ZYDUS WELLNESS

Sector:

Consumer Defensive

Industry:

Packaged Foods

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.

0.6%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:135000000.0023417000000.00×100=0.60%\textbf{Revenue Ratio:} \\[12pt] \dfrac{135000000.00}{23417000000.00} \times 100 = 0.60\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Health Products
compliant
compliant		₹2,315.20
Miscellaneous income
compliant
compliant		₹12.60
Other Non-operating Income
compliant
compliant		₹0.40
investment gain
questionable
questionable		₹2.50
Interest Income
non-compliant
non-compliant		₹11.00

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.

5.3%

CALCULATION

Debt Ratio:3240000000.0061484000000.00×100=5.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{3240000000.00}{61484000000.00} \times 100 = 5.30\%

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.

3.9%

CALCULATION

Liquidity Ratio:2395000000.0061484000000.00×100=3.90%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{2395000000.00}{61484000000.00} \times 100 = 3.90\%

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\%