A COMPARATIVE STUDY ON THE FINANCIAL PERFORMANCE OF THE SELECTED INDIAN PHARMACEUTICAL COMPANIES

The motive of this paper is to compare the financial performance of the selected pharmaceutical organizations. The financial performance is analysed using Ratio analysis as well as statistical techniques to interpret the data. These data are extracted and calculated using the financial statement of the selected companies for the period of 5 years from 2015 to 2019. Findings reveal that Pharmaceuticals companies are highly liquid and solvent but showed an inconsistency in generating profits and efficiency. The study used recent literature to explore the gap in the existing literature. This study will be useful for regulators, financial analysts and managers concerned about the financial performance of the selected Indian pharmaceutical companies. It is considered a battery for further research in this area. JEL Classification Code: M410