Author(s) :   Monika Shukla1, Dr. Monika Tripathi2
Abstract : Given the strong competitiveness of today's business environment, maximizing profit is the primary goal of any organization. Profit is simply the surplus income earned when a company's revenue exceeds its expenditures. To fully assess an organization's financial performance, it is necessary to examine its profitability trends over a specific time period. Financial analysis is a valuable tool for investors, bankers, stakeholders and industry for itself. This research article analyzes the financial performance of paint industry of India. The researcher has selected top five companies based on net profit. The researcher has used secondary data method to collect the data from the year 2019-20 to 2023-24 and the ratio analysis method was used. And, as a statistical tool, the one-way ANOVA test was applied. The Study concluded that there are significant differences in case of net profit ratio, gross profit ratio, return on capital employed, earning per share and return on assets ratio of selected companies during the study period.
Keywords: Performance Evaluation, Ratio Analysis, DU Pont Analysis.
DOI : 10.61161/ijarcsms.v12i2.4
Pages : 38-42
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