ETHICAL COMPLIANCE REPORT

SUVEN PHARMACEUTICALS

Sector:

Healthcare

Industry:

Drug Manufacturers - Specialty & Generic

Overall Compliance

compliant

PRIMARY BUSINESS FILTER
Pharmaceutical
compliant
DEBT RATIO FILTER
1.7%
View Calculations
LIQUIDITY RATIO FILTER
2.2%
View Calculations
REVENUE RATIO FILTER
0.2%
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.

1.7%

CALCULATION

\textbf{Debt Ratio:} \\[12pt] \dfrac{385753000.00}{22540865000.00} \times 100 = 1.70\%

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.

2.2%

CALCULATION

\textbf{Liquidity Ratio:} \\[12pt] \dfrac{504988000.00}{22540865000.00} \times 100 = 2.20\%

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.

0.2%

Non Compliant

Questionable

Compliant

CALCULATION

\textbf{Revenue Ratio:} \\[12pt] \dfrac{20154000.00}{11132588000.00} \times 100 = 0.20\%

FORMULA

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

Segment	Compliance	Value
Pharmaceutical Products	compliant	₹987.65
Sale of Services	compliant	₹48.19
Export Incentives	compliant	₹6.25
Duty Drawback Received	compliant	₹9.26
interest & other	non-compliant	₹2.02
other income	compliant	₹59.89