A Study on comparative Financial Status of selected companies of Indian Pharmaceutical Industry using Efficiency ratios

ABSTRACT Performance & financial management involves the deployment of various tools, techniques, and systems to help an organization implement its strategies and plans, and support the achievement of organizational objectives. Efficiency ratios measures the effectiveness and efficiency with which the resources available to the company are utilized or managing the assets of the firm. These ratios establish the relationship between operating activity / sales and various types of current assets and fixed assets. The said research is financial performance evaluation of selected Pharmaceutical Indian companies in last seven years 2009-10 to 2015-16. Five Companies from each capitalization (Large, Mid, Small) have been selected for the study on the basis of their Market Share in the industry. The conclusion states that Lupin limited has the highest efficiency ratio in the Large cap segment, Aarti Drugs Limited in the mid cap segment enjoys the highest efficiency ratio and similarly Mangalam Drugs & Organics Limited was at peak in small cap segment.