Journal of Finance and Investment Analysis

A Comparative Financial Study: Evidence from Selected Indian Retail Companies

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• Abstract

  Fast Moving Consumer Goods (FMCG) industry plays an important role in economic development of a country. The FMCG system of India is featured by a large group of FMCG companies, serving many kinds of consumer and durables goods for the people. The Hindustan Unilever Ltd. popularly known as HUL or erstwhile as HLL is one of the leading FMCG Company in India. Hindustan Unilever Limited (HUL) is India's largest fast moving consumer goods company with a heritage of over 80 years in India and touches the lives of two out of three Indians. Apart from HUL we have taken V2 Retail erstwhile known as Vishal Retail, Shoppers Stop, which is leading stores providing goods in fashion and cosmetics verticals and Pantaloons Fashion & Retail one of the biggest rival of Shoppers stop and V2 retail in the business. The objective of this research is to measure the financial and accounting performance of Indian leading IT companies for the period of 2009 to 2013. Financial statements and income statements of HUL, Vishal retail, Shoppers stop, and Pantaloons fashion & retail have been taken from database i.e. CMIE, Prowess, and Money Control and Yahoo Finance. Required information derived from these financial statements were summarized and used to compute financial ratios for the five-year period. A graphical representation is provided in order to compare financial ratios such as profitability, liquidity, solvency, assets turnover and market based ratios.