Bharat Dynamics Limited (BDL) — Defensive Interval Ratio
Bharat Dynamics Limited (BDL) has a Defensive Interval Ratio of 442 days as of September 2025. Defensive assets of Rs61.46 Billion (cash Rs5.82 Billion, short-term investments Rs43.70 Billion, receivables Rs11.94 Billion) cover 442 days of daily cash needs of Rs139.01 Million/day. See Bharat Dynamics Limited (BDL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bharat Dynamics Limited Defensive Interval Ratio (2013–2025)
This chart shows how Bharat Dynamics Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 442 days, meaning defensive assets of Rs61.46 Billion can fund 442 days of operations without new revenue. See BDL equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Bharat Dynamics Limited (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Bharat Dynamics Limited from 2013 to 2025, covering 13 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Bharat Dynamics Limited (BDL) market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 420 days | Rs50.17 Billion | Rs119.46 Million/day | Rs1.12 Billion | Rs40.74 Billion | ▼ -192 days |
| 2024 | 612 days | Rs50.37 Billion | Rs82.35 Million/day | Rs2.13 Billion | Rs36.35 Billion | ▼ -139 days |
| 2023 | 751 days | Rs45.37 Billion | Rs60.44 Million/day | Rs2.81 Billion | Rs28.06 Billion | ▲ +274 days |
| 2022 | 476 days | Rs33.68 Billion | Rs70.71 Million/day | Rs2.34 Billion | Rs16.34 Billion | ▲ +37 days |
| 2021 | 440 days | Rs30.36 Billion | Rs69.07 Million/day | Rs4.53 Billion | Rs11.04 Billion | ▼ -87 days |
| 2020 | 527 days | Rs33.41 Billion | Rs63.41 Million/day | Rs2.95 Billion | Rs3.66 Billion | ▲ +249 days |
| 2019 | 277 days | Rs22.18 Billion | Rs79.98 Million/day | Rs150.00 Million | Rs3.54 Billion | ▲ +30 days |
| 2018 | 248 days | Rs28.74 Billion | Rs115.94 Million/day | Rs261.92 Million | Rs5.62 Billion | ▲ +31 days |
| 2017 | 217 days | Rs34.78 Billion | Rs160.41 Million/day | Rs469.08 Million | Rs16.92 Billion | ▼ -43 days |
| 2016 | 260 days | Rs46.41 Billion | Rs178.56 Million/day | Rs- | Rs30.10 Billion | ▼ -90 days |
| 2015 | 350 days | Rs46.40 Billion | Rs132.65 Million/day | Rs- | Rs35.45 Billion | ▲ +239 days |
| 2014 | 111 days | Rs21.02 Billion | Rs189.72 Million/day | Rs- | Rs-117.71 Million | ▲ +1 days |
| 2013 | 110 days | Rs18.40 Billion | Rs166.84 Million/day | Rs- | Rs-133.87 Million | — |