Determinants of Financial performance: a Study on selected cement companies in India
Keywords:
Financial ratios, Cement, Net Profit MarginAbstract
This research was conducted to investigate the determinants of the financial performance selected cement companies in India. The performance of selected cement companies measured based on financial ratios like operating profit margin, gross profit margin, net profit margin, cash profit margin, return on capital employed, return on net worth, return on assets including revaluations, return on long term funds, current ratio, quick ratio, cash ratio, debt equity ratio, proprietary ratio, long term debt equity ratio, interest cover ratio and fixed asset to net worth ratio. The data for this research were collected from money control taken ten years data from 2009-2010 to 2018-2019. The findings are to be measured in path way analysis and the result showing the comparative financial performance of the selected ratios with dependent ratio Net Profit Margin.
Downloads
References
iCement manufacturers Association, retrieved from website http://www.cmaindia.org.
Khan, M. M., & Raj, K. B. (2020). Liquidity-profitability analysis & prediction of bankruptcy-A study of select telecom companies. Journal of Critical Reviews, 7(3), 2020.
Kesse, G.O., Pattanayak, J.K. (2019). Impact of Intellectual capital on financial performance of firms: A study on Tourism and Hospitality firms in India. Indian Journal of finance, 7-21.
Singh. R., Agrawal V. (2019). Impact of disinvestment on financial performance of select PSUs post liberalization. Indian Journal of finance, 36-50.
Muthusamy, A., &Karthika, S. (2019). Financial performance of selected cement companies in India. CLEAR International Journal of Research in Commerce & Management, 10(9).
Nomani, R.F., Sen, A. (2019).Profitability in micro manufacturing enterprises in Dibrugarh district of Assam. Indian Journal of Finance, 13(2), 48-59.
Ranajan, A., Laxmi, D. (2018). A study on equity shares volatility of select cement firms. International Journal of Engineering Technology Science and Research IJETSR,5(3),1493-1498.
Khan, M. M., & Raj, K. B. (2020). Liquidity-profitability analysis & prediction of bankruptcy-A study of select telecom companies. Journal of Critical Reviews, 7(3), 2020.
Ramesh, A., & Kumar Senthil, C.B. (2018).Asset and debt management ratios in bankruptcy prediction - Evidence from India. Indian Journal of finance, 12(8), 50-62.
Downloads
Published
How to Cite
Issue
Section
License
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
