An Analysis of Financial performance of Cement Industry in India

Author: Dr Meghna Chotaliya and Prof. Lakshmi Iyer

Published On: 2022-12-28

Indian Economic development is triggered by economic growth which is in turn triggered by industrial development. Certain industries  such as Textiles, Chemicals, Food Processing, Steel, Transportation Equipment, Cement, Mining, Petroleum, Machinery, Software etc contribute to a significant share of GDP(Gross Domestic Product ) growth of  Indian economy. Cement Industry plays a very significant role in Indian economy. It facilitates the basic infrastructure facility for the development of the country. Indian Cement industry is the second largest industry throughout the Globe only after China. With this huge success, the cement industry in India has contributed almost 8 per cent to India’s economic development.  The present study is an attempt to evaluate the financial performance of Cement Industry of India through financial ratios and other financial techniques have also been applied in order to check the overall financial position of the selected companies. The main purpose of this research is to analyse, compare and evaluate the Indian cement companies. The companies taken into consideration are Ambuja Cement, J.K. Cement Ltd and UltraTech Cement Limited.