Working capital management: a comparative study between Bharat Heavy Electricals Limited (BHEL) and Larsen & Toubro (L&T)

Working capital is the life blood of business firm as well as each and every business entity no any business can survive without the proper management of its working capital, Its is also known as financial strategy of firm which has great effect on liquidity and profitability. This research study deals with the comparison of working capital management between two biggest organizations, Bharat Heavy Electrical Limited (BHEL) and Larsen and Toubro (L&T). For the purpose of research we have obtained last five year working capital data (2011–2015) from various sources such as financial report of company and other financial analysis website and portal. In this research we have make comparison of both organization current assets and current liability along with working capital. The result of the study clearly indicated that current assets and current assets of both company related with each other both has no any significant difference on the other hand there is significant difference between working capital of both organization, On the basis of findings conclusion to be given in systematic manner.