A Study of Selected Pharmaceutical Companies’ Profitability

Profitability is a key feature for the entire business firm. In today’s bloodthirsty world it is great challenge to retain the financial strength of firm on regular basis. Nowadays, each and every firm wants to see their financial status at a top position. The Indian Pharmaceutical Industry is one of the largest and well known industries in the world. Therefore, this study tries to examine the profitability level of pharma sector. This study has selected five pharma companies from toppers and covered the period from 2012-13 to 2016-17 and to analyze selected data ratio analysis method was used as tools. The final conclusion of this study is that the overall performance of Cadila and Davish is best among all the selected companies because their ratios are higher in overall comparison. Dr. Reddys and Bicon’s performance is also noticeable. The rest companies should pay more attention in the managerial system and try to improve it.