Choice of capital structure is very important from the starting stage. Various determinants are affecting the Capital structure. Effort is been made in this research paper of knowing the position of capital structure, solvency, profitability & liquidity of the elected pharmaceuticals companies. Study of research is Empirical in nature. Analysis is been done by using various ratio, for capital structure & solvency aspects debt-equity ratio & Interest coverage ratio respectively. For profitability aspects gross profit margin, operating profit margin, Net Profit margin, Return on equity and Return on assets. For liquidity, Current ratio is calculated. Ten pharmaceutical companies have been elected as sample & collected data from the financial report of the elected companies. Time span of five years from 2013-14 to 2017-18 was consider. The result discloses that Davis and Lupin companies are performing well in solvency, profitability and liquidity aspects. Sun Pharma and Piramal's performance is unsatisfactory in regards to Solvency, profitability and liquidity aspects.

Keywords: Capital Structure, Determinants, Solvency, Profitability, Liquidity, Debt-Equity Ratio.