*Department of MBA, AIET, Mijar, Moodbdri, Dakshina Kannada District, Karnataka State, India
**Assistant Professor, Department of PG Studies in Commerce, Alva's College, Moodbdri, Dakshina Kannada District, Karnataka State, India
Online published on 13 June, 2013.
Manufacturing sector is the backbone of any economy. It fuels growth, productivity, employment, and strengthens agriculture and service sectors. The manufacturing sector contributes 79 percent of Foreign Direct Investment (FDI) in India, and accounts for 27 percent of the country's GDP. The sector contributed 66 per cent to the nation's exports in FY11.The present study deals with financial performance evaluation of manufacturing industries in India. For this study, the authors have chosen five manufacturing industries. They are Oil and Gas Industry, FMCG Industry, Cement Industry, Pharmaceutical Industry and Automobile Industry. The present study is aimed at comparing the financial performance of the selected industries and comparing the financial performance of the selected companies under each industry by taking various financial parameters and thereby to show the relative financial position and performance of the companies of each industry and thereby to show the overall position of each industry. Even though there are many more manufacturing industries in India, the scope of the study confined to only five manufacturing industries. The entire study is based on the secondary data, procured and extracted from the financial statements of the selected companies covering a period of five years from 2008 to 2012.
Manufacturing Industry, financial performance, net worth, net block, total debt, total revenue, net profit
