The Indian auto industry is one of the largest in the world. The industry accounts for 7.1 per cent of the country's Gross Domestic Product (GDP). As of Financial Year 2014-2015, around 31 per cent of small cars sold globally were manufactured in India. The Two
Wheelers segment with 81 per cent market share is the leader of the Indian Automobile market owing to a growing middle class and a young population.
Financial statement analysis is the process of reviewing and evaluating a company’s financial statements thereby gaining an understanding the financial health of the company and enabling effective decision making for owners and managers, prospective and present investors, financial institutions, government entities etc. It involves analysis of past, current and projected performance
of the company.