Comparative Financial Analysis of Leading Waste Water Treatment Plant Construction Companies in Maharashtra

Management is always interested in knowing financial strengths of the company to make their best use and to be able to spot out financial weaknesses of the company to take suitable corrective action. The plans of the company are lay down in view of the companys financial strengths and weaknesses. Thus, financial analysis is the starting point for making plans, before using any sophisticated forecasting and planning procedures. Financial management is the vital factor in development of any construction company in any sector. In this paper, how the ratio analysis tool can be used for analysing the financial performance of selective companies from Waste Water Treatment Plant (WWTP) construction industries are focus. The ratio may help to summarise large quantities of financial data and to make qualitative judgement about the companys financial performance. Thus, ratio analysis is an important tool that can boost the performance of company if used in a smarter way.