• Ranjit Kumar Paswan

This study aims to thoroughly examine the financial performance of chosen companies. The research focuses on a set of eleven companies operating across diverse industries within the capital goods sector. Data has been meticulously gathered from the Capitaline database, covering a span of ten years from 2011-12 to 2020-21. The primary financial performance metric considered in the study is Return on Capital Employed (ROCE) and Net Profit Ratio (NPR). To gauge the impact of liquidity, Solvency and Efficiency on Profitability, the study employs metrics including Current Ratio (CR), Inventory Turnover Ratio (ITR), Debt Equity Ratio (DER), Fixed Assets Turnover Ratio (FATR), and Total Assets Turnover Ratio (TATR). Moreover, the analysis takes into account firm size as a control parameter. The research employs a variety of statistical methods, including descriptive analysis, correlation analysis and regression analysis using Panel data to fulfill its objectives. The findings of the study indicates that current ratio emerges as significant factor in in the NPR model but not in the ROCE model. However, solvency ratio and efficiency ratio influence the Return on Capital Employed.

Liquidity, Solvency, Efficiency, Performance, Panel Data

"An Empirical Study on the Financial Performance of BSE Listed Indian Companies ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.11, Issue 2, page no.g697-g703, February-2024, Available :http://www.jetir.org/papers/JETIR2402686.pdf

"An Empirical Study on the Financial Performance of BSE Listed Indian Companies ", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.11, Issue 2, page no. ppg697-g703, February-2024, Available at : http://www.jetir.org/papers/JETIR2402686.pdf