Mapping Profitability of Public Sector Enterprises with Special Reference to Bhel

Abstract

This paper aims to access the position of BHEL from the year 2004 to 2014. To evaluate the profitability of the company, relevant rations were used and statistical tools like mean, standard deviation, coefficient of variation, minimum, and maximum were applied, and to test the significant relationship between the relevant variable, the variables were tested with the help of correlation and regression analysis (t-test). In hypotheses testing, most of the hypothesis showed a statistically significant relationship between two variables. Hence it was concluded that the overall performance of Bharat Heavy Electricals Limited regarding profitability was sound during the study period, the company’s market is growing, and it was earning an acceptable return on invested capital, and it has good future opportunities for growth.