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A comparative Financial Analysis base on Profitability and Liquidity of selected Asset Finance Companies


Author(s) : Feral Gandiyawala , Dr. Ravi Patel

Category : Research paper

Volume-3 , Issue-1 , Dec-2023

Online Published on : 31/12/2023

Copyright © Feral Gandiyawala , Dr. Ravi Patel. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

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Abstract
This study examines the financial performance of Shriram Transport Finance Company and Mahindra & Mahindra Finance Service Ltd. Propose: The main aim of the study is to compare the Profitability and Liquidity of Shriram Transport Finance Company and Mahindra & Mahindra Finance Service Ltd. Methodology: Descriptive research design applied for the research. The study considered secondary data which was collected from Annual Reports of the Companies and used Authentic websites. The variables of the study were NP ratio, ROE, ROA, ROCE, and CR. Findings: The statistical tools – ANOVA test, Correlation & Regression Analysis proved the profitability high of Shriram Transport Finance Company and the liquidity high of Mahindra & Mahindra Finance Service Ltd.

Key Words
STFCL, MMFSL, Profitability, Liquidity