authors
Nishant Sandip Joshi

abstract
This study conducts a comprehensive comparative financial analysis of two leading firms of Indian Auto Component Industry, TACO IPD and Varroc Polymers, employing a mixed method approach which combined financial ratio and econometric modelling. This research examines crucial aspects such as profitability, liquidity, leverage, cashflows, efficiency, etc over three-year period. This assessment gives in-depth information about the company’s strategic positioning and the financial health of both the companies. In this study we have tested 5 hypotheses which covers various dimensions such as Current Ratio, Operating Cash Flow Ratio, EBITDA Margin, ROCE, and Inventory Days with Gross Profit Margin. Based on the findings, there is significant difference between the financial performance of both the companies. The emphasis was on particularly on the capital structure, working capital management, and the profitability margins. Econometric Analysis resulted the critical relationship between profitability, and financial performance.