ETHICAL COMPLIANCE REPORT

SYNGENE INTERNATIONAL

SYNGENE INTERNATIONAL Logo

Sector:

Healthcare

Industry:

Biotechnology

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.

2.5%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:906000000.0035792000000.00×100=2.50%\textbf{Revenue Ratio:} \\[12pt] \dfrac{906000000.00}{35792000000.00} \times 100 = 2.50\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Contract Research & other
compliant
compliant		₹3,488.60
interest & other
non-compliant
non-compliant		₹90.60

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.

2.3%

CALCULATION

Debt Ratio:1417000000.0061516000000.00×100=2.30%\textbf{Debt Ratio:} \\[12pt] \dfrac{1417000000.00}{61516000000.00} \times 100 = 2.30\%

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.

9.2%

CALCULATION

Liquidity Ratio:5635000000.0061516000000.00×100=9.20%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{5635000000.00}{61516000000.00} \times 100 = 9.20\%

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\%