Analysis of the Financial Performance of a Stock Broking Companies using Multiple Regression

The equity brokerage industry in India is one of the oldest in the Asia region. India had an active stock market for about 150 years that played a significant role in developing risk market, promoting enterprise and supporting the growth of industry. The study Financial Performance of select stock broking firms in India cover for a period of ten years from 2005-2006 to 2014-2015 with the framework of judgement /purposive sampling technique. The Multiple Regression Analysis reveals that there is a positive association and a good fit of relationship with the net profit in all the companies’ financial ratio except for a few stock broking companies. The demonetization and global volatilities will partly impact the broking volumes by the end of the year 2017.The equity market volumes growth rate for the year 2017 is of 12-15%.