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VOL. 5, ISSUE 2 (2023)
A study on financial performance evaluation of selected paint companies in India
Authors
Avani Gautambhai Jani
Abstract
As people are shifting their preferences from whitewashing to paint and
emulsions, importance of paint industry is growing day by day. Paint industry
is playing vital role in our economy. The present study aims to evaluate financial
performance of selected Indian paint companies namely, Asian Paints Ltd.,
Berger Paints India Ltd., Kansai Nerolac Paints Ltd. and Akzo Nobel India Ltd.
from the year 2017-18 to 2021-22. The study attempts to measure financial
performance with the help of various accounting ratios with regard to
profitability, liquidity, activity and solvency. ANOVA analysis has shown that
the financial performance of these selected paint companies is significantly
different.
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Pages:16-19
How to cite this article:
Avani Gautambhai Jani "A study on financial performance evaluation of selected paint companies in India". International Journal of Management and Commerce, Vol 5, Issue 2, 2023, Pages 16-19
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