This paper set out with the aim of answering the question to what extent the financial risks are bearded by the select automobile industries. A theoretical framework describing risk management approach to captives is discussed. | Financial risk analysis of selected automobile industries in India International Journal of Management IJM Volume 8 Issue 6 Nov Dec 2017 pp. 56 61 Article ID IJM_08_06_006 Available online at http ijm JType IJM amp VType 8 amp IType 6 Journal Impact Factor 2016 Calculated by GISI ISSN Print 0976-6502 and ISSN Online 0976-6510 IAEME Publication FINANCIAL RISK ANALYSIS OF SELECTED AUTOMOBILE INDUSTRIES IN INDIA research scholar Bharathiar University Coimbatore India Associate Professor Department of Management Studies Sree Saraswathi Thyagaraja College Pollachi Coimbatore District India Professor Department of Management Studies PSNA College of Engineering and Technology Dindigul India ABSTRACT This paper set out with the aim of answering the question to what extent the financial risks are bearded by the select automobile industries. A theoretical framework describing risk management approach to captives is discussed. The study suggests that observed changes in risk among automotive manufacturers can to a large extent be attributed to their captive activities. The proposed model helps to evaluate financial risk by using discriminate analysis which integrates five of the most important financial indicators current risk return on investment Debt to equity total assets turnover working capital to total assets. Keywords Financial risk financial indicators automobile industry ratio analysis Cite this Article and Financial Risk Analysis of Selected Automobile Industries in India. International Journal of Management 8 6 2017 pp. 56 61. http ijm JType IJM amp VType 8 amp IType 6 1. INTRODUCTION The Indian automotive industry has emerged as a sunrise sector in the Indian economy. India is emerging as one of the world s fastest growing passenger car markets and second largest two wheeler manufacturer. It
