The current trend of privatization has come after a long period that was portrayed by nationalism and development in the size of the public sector in the economies around the world. In industrialized countries, state possession was seen as the solution for business sectors disappointments, for example, externalities and monopoly, which around then were viewed as widespread. In developing nations, these legitimizations were combined with contentions that SOEs encouraged economic independence and planned development. There was an unmistakable pattern towards more prominent dependence on public proprietorship until the last quarter of the twentieth century. The liquidity and profitability are the two most important factors which keeps a company running and achieving its target. Bharat Aluminium Co. Ltd (BALCO) was struggling to maintain its financial viability throughout the study period of 2005–06 to 2014–15. The study focuses on the financial performances of the company and would try to establish a relationship between key financial ratios and would try to come with an answer about its financial performance post the disinvestment saga. The study period covers ten year data from 2005–06 to 2014–15. For analyzing financial ratios were used and some statistical techniques were employed.

KEYWORDS: Financial Ratios, Statistical Tools, Post Disinvestment, Performance.