A Study on Financial Performance Analysis At APSPDCL, TIRUPATI

This study evaluates the financial performance and operational efficiency of Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL), Tirupati, over a five-year period from 2020–21 to 2024–25 using a descriptive research design and ratio analysis. Based on data from audited annual reports, the findings reveal significant financial volatility, characterized by inconsistent profitability marked by a sharp net loss in 2021–22 and a critical shortage of liquid reserves to meet immediate obligations. The analysis further highlights a heavy reliance on debt financing and a weakening equity base, with the proprietary ratio declining to 0.12 by the end of the study period. To ensure long-term sustainability, the study recommends improving billing and collection efficiency, implementing stricter cost controls, and optimizing resource utilization to mitigate high operational risks.