Abstract: Indian pharma industry ranks 3rd globally in pharmaceutical production by volume. This research paper is conducted for a comparative study of the financial performance of pharmaceutical companies in India. For this study researcher selected five companies from BSE by using convincing sampling. The study is conducted from the financial year 2019-20 to 2023-24.to measure the financial performance of selected pharmaceutical companies ratio analysis, descriptive statistics, and One-way ANOVA were used for the study. The study concluded that all selected pharmaceutical companies have improved their financial performance. To better perform all companies need to focus on investment management and cash management.