DOI: 10.36347/sjebm.2016.v03i04.005

Pages: 188-193

Cement industry is the key industry in development of a nation. Efficient financial management is necessary for successful running of cement companies. Among them efficient working capital management is very important. Inefficient working capital management may lead a company even to bankrupt. The study analysed working capital management of nine selected cement companies in India for the study period of ten years from 2004-05 to 2013-14. For this purpose the study used ratio analysis and Y-score model. The results of the study showed that results of Y-score of ACC Ltd., Ambuja Cements Ltd., Chettinad Cements Ltd., Shree Cements Ltd. and Ultratech Cements Ltd. was more than the standard norm during all the years of the study period, hence their working capital management efficiency was good during the study period. Y-score of JK cements was more than the standard norm during six years of the study period and it was more than the standard norm only during four years of the study period in case of India cements.