Undoubtedly the Automobile sector of India is one of the most successful and potential growing sector especially after the independence this sector has shown remarkable growth. The Major sectors which plays significant contribution in the economic growth and employment generation of the country, includes Automobile sector as one of the major contributor. As part of Mission 2026 for being supreme nation of the world, the Government of India, has also recognized the importance of the Automobile Industry. This is also because India is one of the Prominent Exporter of the Automobiles in the world especially to the Asian Countries. This will also help in boosting up this sector and its growth. This Importance of automobile sector, makes it indeed for every user of the Financial Statements, that financial analysis shall be taken out. In the context of India, where analyst also depends for their analysis of Future Performance, on audited Financial Statements, the financially analyzed Statements are very important. As we see that there are variety of Financial Charges, and return formations and Patterns in Automobile Industry, we have to grasp with the Financial Position of the Automobile companies. Financial Analysis in its literal sense is a scientific evaluation of Financial Strength of any business or entity. This helps to make an objective evaluation of Performance of the Business. In this Research Paper we have analyzed the financial performance of selected Automobile companies in special context of Liquidity and Profitability, so as to obtain inside the operational as well as financial strength of entity and to suggest the possible measures for improvements.