ANALYSING THE EARNING LANDSCAPE OF SELECTED INDIAN CEMENT COMPANIES BY UTILISING POPULAR METRICS

Authors

  • Bhavesh A. Prabhakar Research Scholar,S.D. School of Commerce, Gujarat University, Ahmedabad 380009, Gujarat, India.
  • Dr. Gurudutta P. Japee Associate Professor,S.D. School of Commerce, Gujarat University, Ahmedabad 380009, Gujarat, India.

Keywords:

Profitability analysis, Sales ratio, Return on assets / investments ratio and Analysis of variance (ANOVA).

Abstract

The main objective of these study to analysing the earning landscape of selected Indian cement companies by utilising profitability metrics. For the period 2017-2018 to 2021-2022. The secondary data is used for the research. It has been collected from selected five cement companies’ annual reports. Profitability analysis is a process of evaluating a company's financial performance by assessing its ability to generate profits. The used tools & techniques: profitability ratios analysis, statistical analysis and analysis of variance (ANOVA). It is concluded that profitability metrics, Shree Cements Ltd. appears to be the best-performing company among the five, with Ultratech Cement Ltd. and Ambuja Cements Ltd. following closely behind. ACC Ltd. and The India Cements Ltd. have lower performance than the other three companies. It is also concluded that all the null hypotheses have not been accepted meaning thereby all alternative hypotheses are accepted. There are significant differences between the selected all profitability ratios (Based on sales and related to overall return on assets / investments ratio) of selected five cement companies of India.

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How to Cite

Bhavesh A. Prabhakar, & Dr. Gurudutta P. Japee. (2023). ANALYSING THE EARNING LANDSCAPE OF SELECTED INDIAN CEMENT COMPANIES BY UTILISING POPULAR METRICS. EPRA International Journal of Multidisciplinary Research (IJMR), 9(3), 242–253. Retrieved from http://eprajournals.net/index.php/IJMR/article/view/1710