ETHICAL COMPLIANCE REPORT

SEQUENT SCIENTIFIC.

Sector:

Healthcare

Industry:

Drug Manufacturers - Specialty & Generic

Overall Compliance

non-compliant

non-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.

16%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:343900000.002144980000.00×100=16.00%\textbf{Revenue Ratio:} \\[12pt] \dfrac{343900000.00}{2144980000.00} \times 100 = 16.00\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Bulk drugs
compliant
compliant		₹157.71
Other Operating Revenue
compliant
compliant		₹10.81
Interest Income
non-compliant
non-compliant		₹34.39
Other Income
compliant
compliant		₹11.59

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.

3.9%

CALCULATION

Debt Ratio:464550000.0011875960000.00×100=3.90%\textbf{Debt Ratio:} \\[12pt] \dfrac{464550000.00}{11875960000.00} \times 100 = 3.90\%

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.

0.1%

CALCULATION

Liquidity Ratio:9550000.0011875960000.00×100=0.10%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{9550000.00}{11875960000.00} \times 100 = 0.10\%

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\%