Review of Financial Analysis: Shri Sant Tukaram Co-Operative Sugar Factory, Pune

“This paper aims at making financial analysis of a sugar entity in terms of liquidity, solvency, operational efficiency and profitability. Management practices with professional approach tend to improve the financial performance of sugar factories by implementing some innovative practices to reduce the controllable cost and generating additional revenues. Shri Sant Tukaram Sahakari Sakhar Karkhana Ltd. is a sugar factory located in Kasarsai-Darumbre, a hilly and undeveloped area in Pune district. The factory was founded by Shri Viduraji Vithoba alias Nanasaheb Navale, who was inspired by the local culture and environment. The factory has 22361 members and 502 workers, including co-generation units that produce 15 MW of electricity. ” Keywords: Financial statements, Analysis, Ratio analysis, Variance analysis