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 7, Issue 3 (May-June 2025) Submit your research before last 3 days of June to publish your research paper in the issue of May-June.

Impact of Working Capital Management on Financial Performance with reference to TNPL Company

Author(s) Mr. Harenavaneeth D, Dr. Amutha G
Country India
Abstract This study examines the impact of working capital management on the financial performance of Tamil Nadu Newsprint and Papers Limited (TNPL), a leading paper manufacturing company in India. Using ratio analysis, the study investigates the relationship between working capital management metrics (such as Current Ratio, Quick Ratio, Inventory Turnover Ratio, Debtors Turnover Ratio, and Working Capital Turnover Ratio) and financial performance indicators (such as Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin). The study is based on secondary data collected from TNPL's annual reports over a period of [mention the period]. The findings suggest that [briefly mention the key findings, e.g., "efficient working capital management has a significant positive impact on TNPL's financial performance" or "TNPL's working capital management practices have room for improvement to enhance its financial performance"]. The study's results provide insights for stakeholders to optimize working capital management and improve financial performance in the paper industry.
Keywords Working capital management, Financial Performance, Ratio Analysis, TNPL, Paper Industry.
Field Business Administration
Published In Volume 7, Issue 3, May-June 2025
Published On 2025-05-09

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