An Anatomy of Working Capital and Profitability of Aurabindo Pharma

Rupam Soni

Abstract: Thomas A. Edison once said If theres a way to do it better, find it. Earning profit is the main objective of every business. Profitability affects by many factors but the operation of business play a vital role. Working capital is required for day to day business operation. For the motive of unlocking the link between working capital and profitability this study has been carried out. This research is mainly focus on the working capital analysis and profitability of Aurobindo Pharma for the period of 10 years from 2008-09 to 2017-18. Ratio analysis techniques have been used to evaluate the financial statements of the company. The findings indicate a significant positive relationship between Profitability ratio and number of days in receivable.

Keywords: Working Capital, Efficiency, Profitability