A Comparative Financial Study with Support from a Few Indian Retail Businesses
Keywords:
Financial analysis, financial ratio, FMCG, profitability, solvency and market-based ratioAbstract
The fast-moving consumer goods (FMCG) industry is necessary to expand a nation's economy. In India's fast-moving consumer goods (FMCG) sector, there is a substantial presence of enterprises that manufacture and sell various consumer and durable products to the country's population. One of India's most successful fast-moving consumer goods (FMCG) firms is HUL, formerly known as Hindustan Unilever Ltd. or HLL. Hindustan Unilever Limited (HUL), which has a history spanning more than 80 years in India, is the country's largest fast-moving consumer products corporation and influences the lives of two out of every three Indians. HUL is also the owner of the brand Hindustan Unilever. We included V2 Retail, formerly known as Vishal Retail, Shoppers Stop, one of the most successful retailers of goods in the fashion and cosmetics industries, and Pantaloons Fashion & Retail, one of their most significant competitors. All of these companies were included in addition to HUL. This study examines the financial and accounting performance of the leading Indian IT enterprises from 2009 to 2013, and the time covered is from 2009 to 2013. The financial accounts and income statements of HUL, Vishal Retail, Shoppers Stop, and Pantaloons fashion & retail have been gathered from CMIE, Prowess, Money Control, and Yahoo Finance databases.” The required data were collected from these financial statements and then summarized before they could be used to calculate the financial ratios that covered five years. Many financial parameters, including profitability, liquidity, solvency, assets turnover, and market-based ratios, are all graphically displayed for analysis and comparison.
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