{"title":"Financial Performance Analysis of Selected Automobile Companies in India","authors":"Samita Mahapatra","doi":"10.2139/ssrn.3892284","DOIUrl":null,"url":null,"abstract":"The automobile market in India is the fourth largest in the world. According to the Automobile Mission Plan 2016-2026 it is projected to be third largest, contributing 12% to the GDP. Under the automatic route, 100% FDI is permitted along with full de-licensing (www.makeinindia.com). It is one of the core sectors and has rapidly grown post reforms. The demand for vehicles has grown leaps and bounds. The automobile sector in India experienced a slow down due to prolonged <br>lockdown due to COVID-19. There was a 51% decline in the domestic sale of passenger vehicles according to the Society of Indian Automobile Manufacturers. The trend of slowdown was observed in this industry before lockdown also. After the announcement of phase-wise unlocking this sector experience a sharp rise in the demand. In this paper, the researchers are making an attempt to analyze the growth and financial performance of selected automobile companies. Based on the <br>secondary data, the trend in growth quarterly sales, revenue and market cap has been studied. For financial performance, the selected ratios are been calculated and compared. The reasons for growth and financial performance has been identified and discussed by the researchers.<br>","PeriodicalId":422974,"journal":{"name":"CGN: Entrepreneurship (Management) (Topic)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2021-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"CGN: Entrepreneurship (Management) (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.3892284","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The automobile market in India is the fourth largest in the world. According to the Automobile Mission Plan 2016-2026 it is projected to be third largest, contributing 12% to the GDP. Under the automatic route, 100% FDI is permitted along with full de-licensing (www.makeinindia.com). It is one of the core sectors and has rapidly grown post reforms. The demand for vehicles has grown leaps and bounds. The automobile sector in India experienced a slow down due to prolonged lockdown due to COVID-19. There was a 51% decline in the domestic sale of passenger vehicles according to the Society of Indian Automobile Manufacturers. The trend of slowdown was observed in this industry before lockdown also. After the announcement of phase-wise unlocking this sector experience a sharp rise in the demand. In this paper, the researchers are making an attempt to analyze the growth and financial performance of selected automobile companies. Based on the secondary data, the trend in growth quarterly sales, revenue and market cap has been studied. For financial performance, the selected ratios are been calculated and compared. The reasons for growth and financial performance has been identified and discussed by the researchers.
印度的汽车市场是世界第四大。根据《2016-2026年汽车使命规划》,预计将成为第三大汽车产业,对GDP的贡献率为12%。在自动路线下,允许100%的外国直接投资以及完全取消许可(www.makeinindia.com)。它是改革后发展迅速的核心行业之一。对汽车的需求突飞猛进。受新型冠状病毒感染症(COVID-19)的影响,印度汽车行业长期处于封锁状态,因此出现了低迷。印度汽车制造商协会(Society of Indian Automobile Manufacturers)的数据显示,乘用车的国内销量下降了51%。在封锁之前,该行业也出现了放缓的趋势。在宣布分阶段解锁后,该行业的需求急剧上升。在本文中,研究人员试图分析选定的汽车公司的成长和财务绩效。在二手数据的基础上,研究了季度销售额、收入和市值的增长趋势。对于财务业绩,计算和比较选定的比率。研究人员已经确定并讨论了增长和财务绩效的原因。