Vol: 2, Issue: 2 2012

Page: 82-89

Financial Performance Management Practices in Corporate Enterprises: A Case Study of Bharat Heavy Electricals Limited, Haridwar

Dr. V. N. Gupta

The current study is concise up to Bharat Heavy electrical Limited (BHEL), Haridwar as one of the most renounce and heavy loaded power generation centre in India Thus our effort has been to make an objective study of the growth and financial evaluation of BHEL, which is a public sector undertaking in Power sector. Much depends on the skill and competence of the management and whether it is carrying on the operations efficiently on the basis of modern management concepts and practices or not. The government policy also influences the growth and performance of such concerns and our endeavour has been to examine and evaluate the Government policy in this connection. The result of the study shown that • In spite of the global economic recession and financial turmoil, BHEL has continued generating tremendous profits. Profitability ratios indicate the firm has high operating efficiency backed by a strong management. BHEL is a capital goods manufacturing industry. In general, the industrial average capital goods manufacturing industry for liquidity ratios is quite low. But BHEL has a sound liquid position as suggested by various liquidity ratios of BHEL.