Financial Management Practices- a Study on Indian Pharmaceutical Sector

Financial Management Practices- a Study on Indian Pharmaceutical Sector
Author: Venkata Rao Devaraju
Publisher: LAP Lambert Academic Publishing
Total Pages: 288
Release: 2010-11
Genre:
ISBN: 9783843370547

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Over the last few decades the Indian pharmaceutical industry is growing rapidly in both research and manufacturing. Cost effective research and manufacturing technologies, availability of world class research personnel and scientists added value to the Indian pharma industry. Though the Indian pharmaceutical companies are effectively utilizing the resources available in the country, proper designing and the efficient implementation of financial policies makes them very effective in reaching a condition of cost effective innovators and manufacturers of pharmaceutical products. In this connection this book will be used as a guide to the finance executives of the pharmaceutical companies to understand the existing practices of the industry, future challenges to the pharma industry. so that the decision makers in the Indian pharmaceutical industry can make a wise and fruitful decisions for the improvement of the financial strength of their respective companies. The book can be useful for the Finance students in understanding the difference between the theory and practice of various financial tools.

Financial Management Practices in India

Financial Management Practices in India
Author: Sandeep Goel
Publisher: Routledge
Total Pages: 259
Release: 2016-01-22
Genre: Business & Economics
ISBN: 1317332415

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Efficient financial management is the essence of business. This book analyses and evaluates core financial management practices of corporate enterprises in India across diverse sectors including realty, FMCG, pharmaceutical, automobile, IT, chemical and BPO sectors. It emphasizes the importance of the integrated process of capital investments, financing policy, working capital management and dividend distribution for shareholders for a developing economy as India. It further highlights the need for financial viability both in totality and segmental performance. The volume also offers a comparative study of the practices of the companies in different sectors to allow a better appreciation of the issues and challenges regarding management of finances. Rich in case studies, this book will be an indispensable resource for scholars, teachers and students of financial management, business economics as also corporate practitioners.

Financial Management Practices in India

Financial Management Practices in India
Author: Sandeep Goel
Publisher: Routledge
Total Pages: 305
Release: 2016-01-22
Genre: Business & Economics
ISBN: 1317332423

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Efficient financial management is the essence of business. This book analyses and evaluates core financial management practices of corporate enterprises in India across diverse sectors including realty, FMCG, pharmaceutical, automobile, IT, chemical and BPO sectors. It emphasizes the importance of the integrated process of capital investments, financing policy, working capital management and dividend distribution for shareholders for a developing economy as India. It further highlights the need for financial viability both in totality and segmental performance. The volume also offers a comparative study of the practices of the companies in different sectors to allow a better appreciation of the issues and challenges regarding management of finances. Rich in case studies, this book will be an indispensable resource for scholars, teachers and students of financial management, business economics as also corporate practitioners.

Financial Planning in Pharma Industry Study of Select Undertakings

Financial Planning in Pharma Industry Study of Select Undertakings
Author: Mulukalapally Susruth
Publisher: Independent Author
Total Pages: 0
Release: 2023-04-05
Genre:
ISBN: 9787008836909

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Financial planning is a crucial aspect of every industry, including the pharmaceutical sector. The study conducted by Mulukalapally Susruth focuses on the financial planning process of select undertakings in the pharma industry. It analyzes the financial statements of companies and determines the impact of financial planning on their success. The study highlights the various aspects of financial planning, such as budgeting, forecasting, and risk management, and their significance in the pharma industry. It also explores the various tools and techniques used for financial planning, such as ratio analysis, trend analysis, and regression analysis. The study provides insights into the financial planning practices of leading pharma companies and identifies the key factors that contribute to their financial success. It also discusses the challenges faced by companies in the pharma industry, such as regulatory changes, pricing pressures, and the need for innovation. Overall, the study emphasizes the importance of financial planning in the pharma industry and provides valuable insights that can be used by companies to improve their financial performance. It is an essential resource for professionals, researchers, and students interested in the pharma industry's financial aspects. Customers interested in the pharma industry's financial planning can benefit from the study's findings and use it as a guide to make informed decisions.

Relationship Between R&D and Financial Performance in Indian Pharmaceutical Industry

Relationship Between R&D and Financial Performance in Indian Pharmaceutical Industry
Author: Mithun Nandy
Publisher:
Total Pages: 0
Release: 2022
Genre:
ISBN: 9789811669224

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The book provides insight into different research and development (R&D) activities performed by Indian pharmaceutical companies. It describes how R&D activities have evolved in the last three decades on Indian soil. The book discusses how emerging economy like India has become the 'Pharmacy of the World' and how reputed and research-centric Indian drug manufacturing companies are aligning their business model by incepting the business idea as 'Innovate in India and Serve to the World'. Subsequently, through successful implementation of the R&D activities and endeavors, Indian pharmaceutical companies have been witnessing different drug discoveries and innovations which have been performed in an indigenous manner. Contemporary marketing strategies adopted by the research-centric Indian pharmaceutical companies for selling innovative drug products across the globe, attaining global competitiveness, and maintaining a seamless supply chain through export initiatives have also been discussed in this book. Finally, the book figures out the relationship between R&D and financial performance with the help of panel data analysis (PDA), an econometric approach. Dr. Mithun Nandy has over 16 years of pharmaceutical industry experience and is currently designated as Assistant General Sales Manager in Hegde & Hegde Pharmaceutica LLP, Mumbai, India. He is responsible for the different domestic and international market operations at H&H which are connected to pharmaceutical product promotion and selling. He has presented numerous research papers and posters at different national and international management conferences. He has a good number of empirical research papers published in various reputable peer-reviewed international journals. His professional success story has been featured in IQVIA Sales View. .

Financing Decisions

Financing Decisions
Author: CMA(Dr.) Ashok Panigrahi
Publisher:
Total Pages: 13
Release: 2019
Genre:
ISBN:

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Since last two decades, there is continuing research on company financing activities, particularly aimed at understanding how companies finance their investments and what source they use to finance their activities. Despite decades of intensive research, and hundreds of papers after Modigliani and Millers" seminal work, surprisingly there is a lack of consensus even today among the finance experts on this basic issue of corporate finance. In practice, it is observed that finance managers use different combinations of debt and equity. Academicians and practitioners alike have found it difficult to find out how a firm decides its capital structure in the perfect capital markets of the west as well as in the imperfect capital markets, as in India. In practice, it is observed that finance managers use different combinations of debt and equity to meet the various financial requirements of the company at least cost and risk and for the long term benefit of the company. Therefore, this study is aimed to make analyze of capital structures pattern of selected Indian pharmaceutical companies for the period of 2012 to 2016 and analyze the effect of changes in capital structure on its investment pattern over the period of time. This study also attempts to make an intracompany analysis with the objective to determine the importance of debt-equity mix for the effective investment policy. Similarly, to study the financing decisions, this paper includes the trend analysis of detail financial information of four most reputed pharmaceutical companies, i.e. Dabur India Ltd, Cipla, Aurobindo Pharma Ltd, Cadila Health Care Ltd for the period of five years; ie 2012 to 2016.

Relationship between R&D and Financial Performance in Indian Pharmaceutical Industry

Relationship between R&D and Financial Performance in Indian Pharmaceutical Industry
Author: Mithun Nandy
Publisher: Springer Nature
Total Pages: 224
Release: 2021-12-03
Genre: Business & Economics
ISBN: 981166921X

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The book provides insight into different research and development (R&D) activities performed by Indian pharmaceutical companies. It describes how R&D activities have evolved in the last three decades on Indian soil. The book discusses how emerging economy like India has become the ‘Pharmacy of the World’ and how reputed and research-centric Indian drug manufacturing companies are aligning their business model by incepting the business idea as ‘Innovate in India and Serve to the World’. Subsequently, through successful implementation of the R&D activities and endeavors, Indian pharmaceutical companies have been witnessing different drug discoveries and innovations which have been performed in an indigenous manner. Contemporary marketing strategies adopted by the research-centric Indian pharmaceutical companies for selling innovative drug products across the globe, attaining global competitiveness, and maintaining a seamless supply chain through export initiatives have also been discussed in this book. Finally, the book figures out the relationship between R&D and financial performance with the help of panel data analysis (PDA), an econometric approach.

Financial Management Practices

Financial Management Practices
Author: P.K. Jain
Publisher: Springer Science & Business Media
Total Pages: 426
Release: 2013-03-26
Genre: Business & Economics
ISBN: 8132209907

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Financial management practices are likely to have a marked effect on the financial performance of a corporate enterprise. Therefore, sound financial decisions/practices can contribute towards meeting the desired objective of having profitable operations. This subject assumes paramount significance in view of the present dynamic and turbulent business environment, which has produced more intense competition and smaller profit margins across the world. In this context, the financial management practices of the corporates in India, a country with a vast potential for economic growth, can offer valuable insights. The present study explores whether there has been a major change in the financial performance (measured in terms of profitability) and financial policies/decisions of the sample companies over a fixed period (2000-2001 to 2010-2011), with a special focus on pre and post-recession analysis. It delves deeper into current research areas such as zero working capital, real options in capital budgeting, pecking order in capital structures, and clause 49 as reflected in the financial management decisions of sample companies, and provides a broader perspective by identifying trends (if any) in certain aspects of financial decision-making over the past two decades. A comprehensive study, covering all the major aspects of financial management practices, also contains an inter-sectoral study (among the sample companies) and develops an index of professionalism in financial management based on the practices of the sample companies. The book is primarily targeted at teachers/students of finance, management, commerce, accounting and related professional disciplines/fields. Practitioners/professionals will find it an invaluable text that helps guide them to better decision-making.

Working Capital Management

Working Capital Management
Author: Lorenzo Preve
Publisher: Oxford University Press
Total Pages: 173
Release: 2010-04-28
Genre: Business & Economics
ISBN: 0199741980

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Working Capital Management provides a general framework that will help managers understand working capital using a comprehensive approach that links operating decisions to their financial implications and to the overall business strategy. It will also help managers to gain a better understanding of the key drivers to profitability and value creation.