ETHICAL COMPLIANCE REPORT

SUVEN LIFE SCIENCES

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.

63.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:209743000.00328228000.00×100=63.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{209743000.00}{328228000.00} \times 100 = 63.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Profit on Investments
questionable
questionable		₹4.55
Interest income
non-compliant
non-compliant		₹16.43
Other Income
compliant
compliant		₹0.16
Research and Development services
compliant
compliant		₹11.69

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.

0.2%

CALCULATION

Debt Ratio:7097000.002849027000.00×100=0.20%\textbf{Debt Ratio:} \\[12pt] \dfrac{7097000.00}{2849027000.00} \times 100 = 0.20\%

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.

57.6%

CALCULATION

Liquidity Ratio:1639795000.002849027000.00×100=57.60%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{1639795000.00}{2849027000.00} \times 100 = 57.60\%

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\%