AN EXAMINATION OF FINANCIAL PERFORMANCE BEFORE AND AFTER MERGERS: A CASE STUDY OF SELECTED INDIAN PHARMACEUTICAL COMPANIES
Abstract
Mergers and acquisitions (M&A) are strategic initiatives pursued by companies to enhance their market position, achieve economies of scale, and foster growth. The Indian pharmaceutical sector has witnessed a significant number of mergers in recent years, prompting an in-depth analysis of the financial performance of companies involved. The purpose of this research is to use quantitative analysis and comparative assessment techniques to evaluate the financial performance of chosen firms in the Indian pharmaceutical industry before and after a merger took place.The research methodology involves a comprehensive review of financial statements, balance sheets, and other relevant financial documents from the pre-merger and post-merger periods. Furthermore, qualitative factors such as management effectiveness, market share, and competitive advantage are also considered to provide a holistic understanding of the mergers' implications.The findings of this study contribute valuable insights to the existing literature on mergers and acquisitions in the pharmaceutical industry. This study aids stakeholders, such as investors, legislators, and industry experts, by comparing the pre- and post-merger financial performance of chosen organisations. Additionally, the study sheds light on the factors that influence the success of mergers in the Indian pharmaceutical sector, offering practical recommendations for companies contemplating similar strategic moves in the future.This research is conducted with utmost integrity, ensuring that all sources are properly cited and referenced to maintain academic rigor and prevent plagiarism. The conclusions of this research have the potential to lead future M&A strategies in the pharmaceutical sector, supporting sustainable growth and development within the business.
Keywords: Mergers and Acquisitions, Financial Performance, Indian Pharmaceutical Sector, Financial Ratios, Competitive Advantage, Management Effectiveness, Market Share.
