Year: 2018 | Month: May | Volume: 5 | Issue: 5 | Pages: 115-119
A Study of Financial Performance of J.K. Cement
Assistant Professor, Lachoo Memorial College of Science and Technology, Jodhpur
India is the second largest producer of cement in the world. There is no doubt that Indian cement industry plays a very important role in development of economy as well as provides employment, directly or indirectly. The financial statement gives a brief view of the financial position and operational efficiency of the business concern. The focal point of financial analysis is on figures and establishes the relationship with them. If the users of the financial statements are not able to analyze and interpret the data, financial statements have no meaning. The present study was done for the period of five years from 2013 to 2017. J.K. Cement was selected as sample for the study. Ratio analysis technique was used for fulfilling the objective and it was found that J.K. Cement Company was suffering from low level of liquidity and have large amount of debt in its capital structure and from the year 2016 to 2017, it has made good growth in sale, net profit and earnings per share ratio.
Key words: Cement, Financial Analysis, Ratio Analysis[PDF Full Text]