2024, Vol. 6, Issue 12, Part B

Author(s): P Venkatesh and B Logesh

Abstract: The study is aimed at evaluating the financial performance of THE INDIA CEMENTS Limited, one of the top cement businesses in India, along with four other companies: Ultratech, India Cement, Shree Cement, Ramco Cement, and Dalmia Bharat Cement. Financial metrics that include return on net worth, earning per share, profitability ratios, and liquidity ratios are evaluated in the study to assess the performance and overall position of the company's finances. Over the course of the study period, India Cements Limited has demonstrated a good financial position, as seen by its increasing revenues, net profits, and return on equity. The company appears to have adequate current assets to cover its short-term liabilities, according to the liquidity ratios. The profitability statistics show that the business has consistently produced a gross profit and made strong earnings from its activities. The ratios for inventory turnover and receivables turnover, however, still have opportunities for improvement. All things considered, the analysis comes to the conclusion that India Cement Limited has proven to have steady financial performance and the potential to improve. The company has been able to hold its position as the market leader in the Indian paint sector owing to its strong brand, varied product portfolio, and innovation-focused approach.

DOI: 10.22271/multi.2024.v6.i12b.546

Pages: 118-126 | Views: 92 | Downloads: 37

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