A Comparative Study of Profitability Analysis of Selected Listed Pharmaceutical Companies with Special Reference to Top 5 Pharma Companies in India

R Jha - Management Journal for Advanced Research, 2023 - mjar.singhpublication.com
R Jha
Management Journal for Advanced Research, 2023mjar.singhpublication.com
Profitability refers to the profits or gains a business makes in relation to its expenses. It helps
to determine the future strategies of business, whether to invest or not and the performance
of the business by analysing the currentfinancial position of the venture or firm. In this paper
an attempt to assess the profitability position of selected pharma companies (on the basis of
market capitalization). The annual report of last 5 years ie from 2018-19 to 2022-23 were
analysed to know the position of pharma companies in terms of profitability. By analysing …
Abstract
Profitability refers to the profits or gains a business makes in relation to its expenses. It helps to determine the future strategies of business, whether to invest or not and the performance of the business by analysing the currentfinancial position of the venture or firm. In this paper an attempt to assess the profitability position of selected pharma companies (on the basis of market capitalization). The annual report of last 5 years ie from 2018-19 to 2022-23 were analysed to know the position of pharma companies in terms of profitability. By analysing annual reports, it is found that among the selected pharma companies Sunpharma and Torrent Pharmaceutical are secured the top position (based on mean and CV) and in both based on mean and CV Cipla held the last position.
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