International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.

A Comparative Analysis of the Financial Ratios of Indian Oil Corporation Limited and its Competitors in India

Author(s) Pravi Gautam, Puneet Nandan, Dr. Sanjay Manocha
Country India
Abstract The paper starts with an introduction to the oil and gas industry, including their revenue model and action plan. Next, Indian Oil Partnership Limited is presented, along with details about all the products they provide, including bitumen, ointments, petrochemical fills, oil energy, liquified powers, flying turbine fills and regular gas. Information about their goals, accomplishments, and strategy for becoming India's energy mainstay.

Comparative analysis, which covers financial measures and how they can be utilised to show how a company is performing over time, is the focus of the study. Ratios are used by investors to assess an organisation's financial health by examining its historical performance and current financial statements. The profitability, liquidity, and solvency performance of the three main oil marketing companies—IOCL, BPCL, and HPCL—are assessed using financial ratios. The goal of this research is to use profitability, market value, leverage, activity, liquidity, and profitability ratios to assess the financial statements of these OMCs.
Keywords Oil and gas industry, Indian Oil Corporation Limited (IOCL), Comparative analysis, Financial Measures, Ratios of oil marketing companies (OMCs), IOCL, BPCL, HPCL.
Published In Volume 6, Issue 2, March-April 2024
Published On 2024-03-20
Cite This A Comparative Analysis of the Financial Ratios of Indian Oil Corporation Limited and its Competitors in India - Pravi Gautam, Puneet Nandan, Dr. Sanjay Manocha - IJFMR Volume 6, Issue 2, March-April 2024. DOI 10.36948/ijfmr.2024.v06i02.15143
DOI https://doi.org/10.36948/ijfmr.2024.v06i02.15143
Short DOI https://doi.org/gtnkbv

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