This research aims to analyse the factors that influence the profitability of enterprises in automobile sector of developing economies. This research aims to analyse impact of working capital management on the profitability of the private and publicly traded automobile firms. This research employs secondary data for data collecting, which comprises10-year financial data from 2011 to 2020. The study used descriptive statistics, OLS, random effect, and fixed effect models to define the sample and evaluate the influence of working capital on utomobile industry. Findings suggested that working capital management proxies have a major impact on the performance of the company. The findings suggested that sales growth had a little impact on a company's performance. Findings suggested that size of a company had no influence. In conclusion, it is stated that good management of the working capital results in the improved financial performance. Study would benefit company investors and managers in the non-financial sector of developing economies. This offers investors with a framework for making investment selections.

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