1MBA II Year Student, School of Management, National Institute of technology, Warangal, Telangana, India
2Assistance Professor, School of Management, National Institute of Technology, Warangal, Telangana, India
Online published on 15 March, 2019.
The main sectors of India Agriculture, Industrial Sector including the power sector and Service sector have their separate contribution in strengthening the economy. In case of contribution of Industrial sector to estimate its impact on Indian economy, we can find a very slow trend in terms of revenue generation. The financially distressed industries in India will make them unhealthy which creates a problem in development of the country. As the statistical examination, diagnosis and proving by experts and researchers it is found that the sickness and distress of an industry is totally influenced by some internal factors or external factors or sometime both the factors. Risk !nalysis related to the company's overall activity can able to identify the intensity of risk and possible causes for it. It will be helpful for the company in taking preventive and corrective measures to overcome these problems. ICSA (India) Ltd, Hyderabad, Telangana has been taken as the reference to do risk analysis over the period of time by doing sensitivity analysis and scenario analysis. Along with it the risk estimation ability of developed financial distressed model has been checked and tested by use of the sensitivity, specificity and likelihood values. Here it has been tried to highlight ICSA (India) Ltd because it has been declared as a sick industry.
Likelihood Value, Risk Analysis, Scenario Analysis, Sensitivity Analysis, Specificity Analysis
