• NEELAKSHI ARORA
• PRIYAL SARAF

The success or failure of any company lays on its overall financial performance at the end of the year. And for the very same reasons companies keep a close track on their liquidity and profitability at regular intervals. In fact, there are many different tools which are used by these companies to scrutinize their lacunas and work on them simultaneously. For instance, accounting ratios are one such tool which helps to analyze the actual health of the company in terms of finance, management, and other aspects. These are calculated on the basis of final accounts of the companies including profit and loss account and Balance sheet; and therefore do justice with the real overall picture of the company. This paper focuses on the financial performance of Essar Shipping Limited on the basis of some accounting ratios like current ratios, working capital turnover ratio, and others. Secondary data related to the last decade Annual reports of the company from 2010-11 to 2017-18 has been referred to do the required analysis. The paper concludes on the interpretation of these ratios, highlighting the actual positions of the company.

Financial performance, Ratio analysis, Analysis, Interpretation

"A STUDY ON FINANCIAL PERFORMANCE OF ESSAR SHIPPING LIMITED", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.559-564, June 2019, Available :http://www.jetir.org/papers/JETIR1907E76.pdf

"A STUDY ON FINANCIAL PERFORMANCE OF ESSAR SHIPPING LIMITED", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp559-564, June 2019, Available at : http://www.jetir.org/papers/JETIR1907E76.pdf