The financial statement is like a report card for a business, showing how well it's doing financially. By looking at these statements, we can figure out if a company is making money or not. Financial analysis helps us understand a company's strengths and weaknesses by comparing different parts of the financial statements. This study focused on how textile industries in Nagpur manage their money. The goal was to see how well these companies are doing financially and what can be learned from their financial statements. The findings show that analyzing financial statements is important for understanding a company's performance and financial health.