A Study on Financial Performance of Selected Three Wheeler and Four Wheeler Automobile Companies in India

In Recent times, the Indian Automobile industry has emerged as a „sunrise sector‟ surrounded by the India economy. Automobile Industry in India is one of the largest in the world and one of the fastest growing industries in recent times. The Indian Auto Industry has an enormous imminent for development. In this paper, two types automobile companies are chosen. Three wheeler and four wheeler organizations are chosen for this study. In three wheeler and four wheeler two samples each are selected for this study. The main objective of this paper is to analyze the financial position of the selected automobile companies for five years. This study is based on secondary data. Financial position is analyzed by using different ratios. From this study, position of Auto Pins Ltd.,Scooters India Ltd.,Hindustan Motors Ltd. and Maruti Suzuki Ltd. are ascertained. Selected automobile companies are also showing rapid progression in this field.