Cement industry in India is one of the booming sectors of economic development in the country. The industry is in the process of driving sustained growth, driven primarily by the construction industry and major infrastructure projects announced by the government from time to time. For this study, 10 cement companies were selected based on market share and available data. Data for this study was collected from December 2011 to December 2020. Liquidity Ratio, Quick Ratio, Net Profit Margin, Return on Equity, Return on Capital Employed, and Return on Assets are calculated to measure the financial performance of selected companies. The study highlighted that Indian cement has the lowest liquidity ratio and Heidelberg cement has the highest liquidity ratio. Ramco Cement has the highest speed ratio and Ramco Cement the lowest. Dalmia Cement has a higher net profit than its competitors. Return on equity is higher for Shree Cement. ACC Cement has the highest ROI, Shree Cement even higher.
Keywords: Cement Industry, Financial Performance and Ratio Analysis.
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