ETHICAL COMPLIANCE REPORT

TATVA CHIN PHARM CHEM

Sector:

Basic Materials

Industry:

Specialty Chemicals

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.

0.9%

Non Compliant
Questionable
Compliant

CALCULATION

Revenue Ratio:34730000.004010130000.00×100=0.90%\textbf{Revenue Ratio:} \\[12pt] \dfrac{34730000.00}{4010130000.00} \times 100 = 0.90\%

FORMULA

Revenue Ratio:Unethical SegmentsTotal Revenue×100  ≤  3%\textbf{Revenue Ratio:} \\[12pt] \dfrac{\text{Unethical Segments}}{\text{Total Revenue}} \times 100 \; \leq \; 3\%
SegmentComplianceValue
Other Operating Revenue
compliant
compliant		₹3.01
Interest Income
non-compliant
non-compliant		₹3.28
Other Income
compliant
compliant		₹4.04
Net Gain on Sale of Investments
questionable
questionable		₹0.19
Phase transfer catalysts
compliant
compliant		₹106.72
Structure directing agents
compliant
compliant		₹165.50
Electrolyte salts and solutions
compliant
compliant		₹5.04
Pharmaceutical and agrochemical intermediates and others
compliant
compliant		₹112.97
Other services
compliant
compliant		₹0.27

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

Debt Ratio:142710000.008187180000.00×100=1.70%\textbf{Debt Ratio:} \\[12pt] \dfrac{142710000.00}{8187180000.00} \times 100 = 1.70\%

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.

4.7%

CALCULATION

Liquidity Ratio:382920000.008187180000.00×100=4.70%\textbf{Liquidity Ratio:} \\[12pt] \dfrac{382920000.00}{8187180000.00} \times 100 = 4.70\%

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\%