Volume : 4, Issue : 8, August - 2015

Solvency Analysis of Selected Pharmaceutical Companies in India

Prof. Hiral Desai

Abstract :

<p>In this paper an attempt has been made to know the solvency position of selected pharmaceutical companies in India. The study covers top four pharmaceutical companies namely Lupin, Dr. Reddy&rsquo;s Lab, Cadila Healthcare &amp; Cipla.The purpose of this study is to analyze the financial performance in terms of solvency of the selected companies. To achieve these objectives, data has been collected for five years from 2010-2011 to 2014-2015 from secondary sources and for getting results various kind of accounting technique like ratio and statistical tools like average, Standard Deviation and Co-efficient of variation have been applied.</p>