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Abstract
The study is conducted to analyse the financial performance of Lakshmi Machine Works Limited (LMW) which is based on textile machinery manufacturing. Ratio analysis enables to evaluate the financial performance of an enterprise. Objective of the study is to obtain the profitability, liquidity position of the company. It includes analysing the balance sheet and profit and loss account for the period of five years from 2014-2015 to 2018-2019. Analysis is done by using tools like profitability, solvency and liquidity ratios. The study concludes that performance of financial analysis is essential to improve the financial position of the company.