A STUDY ON PERFORMANCE ANALYSIS OF STEEL INDUSTRY IN INDIA

This research paper examines the financial performance of identified units in the steel industry in India in terms of financial ratios such as Liquidity, Solvency, and Profitability position. A group companies listed in the stock exchanges in India namely, Tata Steel Ltd., Jindal Steel Ltd, J S W Steel Ltd., Steel Authority of India Ltd, Mahamaya Steel Ltd and Kalyani Steels Ltd are selected for this study. To evaluate the impact of selected variables on the financial performance of identified units in the steel industry, ratio analysis is used. Financial performance of steel industry can be studied with many aspects like financial facts, financial ratios, financial health, financial strength and utilization of assets, etc. The financial performance can be influenced by the operational and financial efficiency of the steel industry. The best indicators of the financial performance are return on assets, sales, equity and other financial variables. the researcher has analyzed the performance of steel industry in India on the parameters such as profitability, utilization of assets, growth of performance, financial strength.