OPJU Business Review

Research Articles

Vol. 1 No. 1 (2022): OPJU Business Review

A Comparative Study on Financial Analysis with Special Reference to FMCG Sector

DOI:
https://doi.org/10.63825/e9keqg14
Submitted
6 August 2025
Published
23 May 2022

Abstract

In India FMCG is the fourth largest sector and provides employment to around three million people accounting for approximately five per cent of the total factory employment in the country. India's market for fast moving consumer goods (FMCG) is expected to more than double to $104 billion by 2020 from the present level of $49 billion. The present study examines the financial performance of selected fast moving consumer goods (FMCG) companies in India. For the purpose of the study three leading FMCG companies, Indian Tobacco Company Ltd. (ITC), Hindustan Unilever Limited (HUL) and Dabur Ltd. have been selected. The study covers a time period from 2020 to 2021. The paper empirically examines and compares the financial performance of the selected companies in terms of liquidity and profitability. The ratio analysis which plays a very important role and is an essential part of the financial statements of any company, has been used to evaluate various aspects of the selected FMCG companies operating and financial performance such as its efficiency, liquidity, profitability.

References

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  14. https://www.moneycontrol.com/financials/daburindia/balance-sheetVI/DI

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