An Approach to Evaluation Financial Structure of Ambuja Cement Bases on Profitability Ratio

Autor: Khyati Patel, Hiral Parikh
Rok vydání: 2022
Zdroj: RESEARCH HUB International Multidisciplinary Research Journal. 9:01-08
ISSN: 2349-7637
DOI: 10.53573/rhimrj.2022.v09i10.001
Popis: This research is carried out to examine the financial structure in terms of profitability of Ambuja Cement. The firm is analysed for financial year 2013 to 2022 for performance on bases of profitability of the firm. Objective: To evaluate financial performance analysis of Ambuja cement ltd. It assumed that there is no significant difference in profitability ratio of the firm during the period the study. Time Taken for Study: Normally it is not possible for the researcher to study the financial performance of cement company for longer period because there is constrain of the time, money and efforts. So, the present study is done for ten years of period because of convenience for proper data collection and analysis for the period of ten years for the study. The present study is made for a period of ten accounting years from 2012 to 2021. Parameters of the Study: Profitability Ratios Tools Used for Study: Descriptive Statistics and ANOVA Findings of the Study: It is but obvious that the fluctuation in PBDIT margin affects the values of PBIT and PBT margin value. Both the types of margins are also having same scenarios. The incremented values of PBIT and PBT are to be found in increasing position during last two financial years. The margin values before and after depreciation, interest and tax directly associated to the net profit margin. Thus, the net profit margin of the firm gradually acts like the first three ratios. The net profit margin of the firm has higher fluctuations. The increasing order of ROCE can be recorded from 2020 onwards. But due to one or other reason the firm has not reached as it has begun with. The return on assets is one of the important ratios for any of the firm. It measures the actual performance of the firm to use assets for capital or profit gain. It has a higher declined in the values of the asset’s turnover of the firm. It clearly shows that the firm is failed to balanced assets turnover.
Databáze: OpenAIRE