Financial Statement Analysis and Financial Performance of NLC India Limited (2019–2024): An Empirical Study Using Ratio and Regression Analysis

Author(s)	Dr. Kumar T S, Dr. S. Devi, Dr. K. Kalairaja
Country	India
Abstract	The financial performance of public sector enterprises plays a critical role in ensuring economic stability and sustainable industrial growth. This study evaluates the financial performance of NLC India Limited over a five-year period from 2019–2020 to 2023–2024. The research focuses on liquidity, profitability, solvency, and efficiency using ratio analysis and advanced statistical tools such as descriptive statistics, correlation, and regression analysis. The findings reveal that the company has improved its liquidity position and reduced financial leverage significantly. However, profitability shows fluctuations due to increasing operational costs. Regression analysis confirms that sales significantly influence profitability, but margin compression persists. The study concludes that while NLC India Limited has strengthened its financial structure, strategic cost control is essential for sustainable profitability.
Keywords	Financial Performance, Ratio Analysis, Regression Analysis, Liquidity, Profitability, NLC India Limited
Field	Business Administration
Published In	Volume 8, Issue 3, May-June 2026
Published On	2026-05-02
DOI	https://doi.org/10.36948/ijfmr.2026.v08i03.73649

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International Journal For Multidisciplinary Research