Financial Ratio Analysis Of Top 10 Manufacturing Companies of India

Abstract

Financial ratio analysis has always been an important tool for many years. It is used for determining a company’s financial performance, valuing a company’s stock, determining a company’s systemic risk (beta risk) exposure, assessing a company’s credit rating, financial health prediction, trend analysis, making comparisons with other firms etc. This study is making an attempt to analyse the performance of top 10 BSE listed manufacturing companies based on key financial ratios. Ratios are selected based on Review of literature. The top 10 manufacturing companies in the country have been instrumental in driving the industrial revolution that has taken place over the last few decades. Each of these companies has played a significant part in India’s economy and job creation across various sectors. Looking at its financial parameters are instrumental from investment point of view also.