An Evaluation of Financial Performance of Kiam Metal Industries Limited (KMIL)

Abstract

The study is planned to evaluate the financial strengths and weaknesses and to make suggestions to improve its financial position. The data are collected from secondary sources. To analyze financial performance some key variables are selected like liquidity Ratios, Solvency Ratios, Profitability Ratios and Activity Ratios. From the analysis and interpretation of data it was observed that the company’s managerial performance, profit earning capability etc. are in very good position. The reasons for these positions were due to proper management, planning and control of working capital, operational efficiency, adequate credit policy, high labor efficiency, good quality raw materials, good marketing forces, adequate and good storage facilities etc.