Vol. 3, Issue 3 (2018)
A comparative study on the financial performance analysis of TTK Prestige Ltd and Hawkins Cookers Ltd in India
Author(s): Dr. R Jayanthi
Abstract: Financial health is one of the best indicators of any business's potential for long-term growth. Financial analysis is an aspect of the overall business finance function that involves examining historical data to gain information about the current and future financial health of a company. Financial analysis is the process of reviewing and analyzing a company's financial statements to make better economic decisions. These statements include the income statement, balance sheet, statement of cash flows, and a statement of changes in equity. Financial analysis is a method or process involving specific techniques for evaluating risks, performance, financial health, and future prospects of an organization. Financial ratios are very powerful tools to perform some quick analysis of financial statements. There are four main categories of ratios: liquidity ratios, profitability ratios, activity ratios and leverage ratios. These are typically analyzed over time and across competitors in an industry. This paper is to enlighten the financial performance analysis of TTK Prestige Ltd, Bangalore and Hawkins Cookers Limited, Mumbai. The main purpose of this paper is to study and analyze the financial performance analysis with reference to Kitchen Appliances in India. This case study was done based on secondary data collected from multiple sources of evidence, in addition to books, journals, websites, and newspapers. “The financial success of your company will be determined by the scale or significance of the problems you are solving and the opportunities you are creating – Michael Kouly”.