A Study on Performance Evaluation of Selected Pharmaceutical Companies by using Data-Envelopment Analysis Model

Abstract

It is necessary to evaluate the performance of companies to make investment in that particular company. So, in present research paper, researcher selected Cadila Healthcare, Glenmark Pharmaceuticals and Cipla for the performance evaluation by using Data-Envelopment Analysis model. Data Analysis is considered as the main part of any research. In this research paper data analysis is done by using statistical tools like averages, ratios and by using Data-Envelopment Analysis Model. The period of the study is one year i.e.2017. An efficiency score of Cipla Limited, Glenmark Pharmaceuticals and Cadila Healthcare is 0.03, 0.63 and 0.07 respectively during 2017. The score of Glenmark Pharmaceuticals is highest in the year 2017. So, it stood at first position and score of Cipla Limited is 0.03 so it stood at 3rd position in the year 2017.