A Comprehensive Diagnostic Analysis on Financial Health of Kerala Kerakarshaka Sahakarana Federation Limited (KERAFED), Thiruvananthapuram

D Danisha Majory; D. Sahaya Beula

doi:10.34293/management.v13iS1-i1-May.10952

D Danisha Majory II MBA, Department of Management Studies, St. Xavier’s Catholic College of Engineering (Autonomous) Chunkankadai, Nagercoil, Kanyakumari, Tamil Nadu, India
D. Sahaya Beula Assistant Professor, St. Xavier’s Catholic College of Engineering (Autonomous), Chunkankadai, Nagercoil, Kanyakumari, Tamil Nadu, India

DOI: https://doi.org/10.34293/management.v13iS1-i1-May.10952

Keywords: Cooperative Federation, DuPont Analysis, Financial Health, KERAFED, Liquidity, Profitability, Ratio Analysis, Solvency

Abstract

This research paper presents a comprehensive diagnostic analysis of the financial health of KERAFED (Kerala Kerakarshaka Sahakarana Federation Limited), Thiruvananthapuram the apex cooperative federation of coconut farmers in Kerala, India. Using secondary data from annual financial statements spanning seven years (2018-19 to 2024-25), the study employs Ratio analysis and DuPont analysis to evaluate KERAFED’s profitability, liquidity, solvency, and operational efficiency. The DuPont analysis confirms that improved profitability and asset utilisation are the primary drivers of recovery. The study concludes that while KERAFED faces structural vulnerabilities inherent to its dual cooperative and commercial mandate, its recent financial trajectory indicates a capacity for resilience and sustainable growth. Targeted strategic interventions part icularly in inventory management, cost efficiency, and product diversification are recommended to sustain this momentum.This research paper presents a comprehensive diagnostic analysis of the financial health of KERAFED (Kerala Kerakarshaka Sahakarana Federation Limited), Thiruvananthapuram the apex cooperative federation of coconut farmers in Kerala, India. Using secondary data from annual financial statements spanning seven years (2018-19 to 2024-25), the study employs Ratio analysis and DuPont analysis to evaluate KERAFED’s profitability, liquidity, solvency, and operational efficiency. The DuPont analysis confirms that improved profitability and asset utilisation are the primary drivers of recovery. The study concludes that while KERAFED faces structural vulnerabilities inherent to its dual cooperative and commercial mandate, its recent financial trajectory indicates a capacity for resilience and sustainable growth. Targeted strategic interventions part icularly in inventory management, cost efficiency, and product diversification are recommended to sustain this momentum.