Published Paper Details:

Steel plays a significant part in the construction industry. Being the skeleton of the design, it provides fundamental support and strength. Steel is a mixture of iron, carbon, and a variety of other elements. They feature great tensile strength and structural integrity, making them one-of-a-kind. Steel is highly regarded for its long-term durability that contributes to prolonging shelf life.India has been known for its steel and iron production and it has been ranked in 2ndposition in global manufacturing in terms of steel production and export. It is a fact that steel is one of the most important facts in the infrastructure growth of a country and India is one of the best examples. In 2023, India produced 128.15 million tonnes (MT) of crude steel, up 12.1% year-on-year. Steel has an employment multiplier effect of 6.8x while it has an output multiplier effect of 1.4x. Further, India has now overtaken Japan to become the world's second largest producer of crude steel, producing more than 100 MT of it each year. Steel now contributes about 2% to India's GDP and employs some 6 lakh people directly and 20 lakh people indirectly. Against this background, the researcher has made an attempt to analyse the liquidity and solvency analysis of the top 5 steel companies in India. For the analysis purpose, ratio analysis and CAGR is used. This paper includes five sections, FirstSection gives Introduction, Review of literature, objective of the study, Research methodology. SecondSectionConceptual background. ThirdSectionserves brief profile of selected top 5 steel companies in India. FourthSection consists of Results and Analysis. And the Fifth & last sectionprovides findings and suggestions.