Analyzing The Financial Performance of Dr. Augustine’s Arya Vaidya Ashramam: A Comprehensive Study

Abstract

Purpose: To assess the financial performance of Dr. Augustine's Arya Vaidya Ashramam, a non-profit in the Ayurveda sector, addressing cost challenges.

Theoretical framework: The study utilizes financial analysis methods, including ratios and percentages, to assess the financial performance of Dr. Augustine's Arya Vaidya Ashramam.

Design/methodology/approach: The study employs financial analysis methods such as ratios and percentages, utilizing financial statements over four years to assess organizational performance.

Findings:  The study uncovers financial challenges in Dr. Augustine's Arya Vaidya Ashramam, highlighting cost issues due to scarce raw materials.

Research, Practical & Social implications:  The research offers insights into the financial challenges of a non-profit Ayurveda organization, guiding strategic decisions for sustainability and growth.

Originality/value: The study's originality lies in exploring the financial intricacies of a non-profit Ayurveda organization in Kerala's tourism-driven sector, offering strategic insights.