A study of financial statement analysis on the basis of ratio analysis at Bajaj steel Industries Pvt. Ltd. Nagpur. The report is analyzed on their financial activities of the company for the period of three years. The report is providing the assessments and interpretation of the profitability, liquidity, performance and financial position of the Bajaj Steel Industries companies using figures from the financial statements for the years 2016- 2017, 2017-2018,2018-2019, 2019-20 of Bajaj Steel Industries Pvt. ltd. In the interpretation of financial ratio were used to know the review of the specific period of the assessment of the company’s performance. The ratio is able to provide a perfect interpretation of the overall condition of the company. From the ratio we can know that Bajaj Steel Industries has been profitable mainly because of low net profits ratio. The net profits margin is an average tells that the direct expenditure cost is not compared properly. The company has a good liquidity positions which tells that it can stay on its current assets to finance the current liabilities and does not have to commit to long term debts. It has been recommended that the company with low performance should look into ways of improving sales in period of low demand to improve profitability and also increase financial to expand and grow the business. The analysis is limited mainly due to the fact that it is based on three years transactions, and hence comparative study has been made possible. The business is been compared for all the past years performance.