Volume : VI, Issue : VI, June - 2017

A STUDY ON FINANCIAL PERFORMANCE OF SELECTED CERAMICS INDUSTRY IN INDIA

Dr. R. Mohanasoundari, A. Kalaivani

Abstract :

 This paper applies performance evaluation of ceramic industry of India and to test its financial soundness. The main aim is achieved through ratio analysis of Ten selected ceramic companies in india. Measurement of financial performance by ratio analysis helps identify organizational strengths and weaknesses by detecting financial anomalies and focusing attention on issues of organizational importance. The study has been undertaken for the period of five years from 2006–7 to 2015–2016 and the necessary data has been obtained from the audited annual report of the selected companies. The liquidity position was very weak in all the cases of the selected companies and thereby reflecting the difficulties in paying short–term obligation on due date. Financial stability of the selected companies has shown an upward trend. This study will help investors to identify the nature of financial performance of the ceramic industry of india and will also help to take investment decision.

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Article: Download PDF   DOI : 10.36106/ijsr  

Cite This Article:

Dr.R.MOHANASOUNDARI, A.KALAIVANI, A STUDY ON FINANCIAL PERFORMANCE OF SELECTED CERAMICS INDUSTRY IN INDIA, INTERNATIONAL JOURNAL OF SCIENTIFIC RESEARCH : VOLUME-6 | ISSUE-6 | JUNE-2017

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