A Study On Financial Health Of Steel Authority Of India Ltd

The liquidity, profitability and financial health are the key indicators of the company to predict the future. To maintaining the proper liquidity will minimize the risk of insolvency and it give a direction to maximize profitability through maintaining creditworthiness in the market. This paper is focused on examining liquidity and profitability position of SAIL using the ratios like CR, QR, ROTA, ROCE, RONW, GPR, NPR, OPR and EPS. The financial health of the company is examined using Altman’s Z score model. The study reveals there is a positive correlation between liquidity and profitability ratios except ROTA and the calculated Z score values indicates company is in healthy zone.