Published Paper Details:

Every business organization need profit for its existence and for expand the business. They discharge the obligations to various segments of the society only through earning profits. The financial performance of the business organizations has a lot for all its stakeholders. The interested parties are very much concerned in profitability and whether there is efficiency in returns. An analysis of the performance of the business helps to assess the financial stability of such business. Financial performance refers to the process of determining financial strength of the firm establishing relationship between the items of the balance sheet, profit and loss account. The study is attempted to analyze the financial performance of Indian pharmaceuticals companies by using Z score model. The study concludes that the overall financial health of pharmaceutical industry is in healthy zone. The study concluded with five selected companies.