A Proportional Data Analysis on Fiscal Performance of Asian Paints Ltd and Berger Paints Ltd

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Dr. Khyati Jagatkumar Patel, Vallabh Vidyanagar


Asian Paints is the prominent company in the Indian Paint Industry having an equal joint venture with PPG Industries, US. Berger paints Ltd was recognized in 1923. It is the amongst the major paint manufacturers in India. The company produces and markets attractive & industrial paint products under several product brands. Fiscal Performance Analysis is necessary to ascertain whether or not the entity is financially stable enough to support the monetary investments. The present study compares the Fiscal Performance of the two companies with the help of various Operating Ratios. It is based on secondary data including the periods 2017-2018, 2018-2019, and 2019-2020.

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