Bharat Heavy Electricals Limited (BHEL) — Defensive Interval Ratio
Bharat Heavy Electricals Limited (BHEL) has a Defensive Interval Ratio of 198 days as of March 2026. Defensive assets of Rs175.60 Billion (cash Rs-, short-term investments Rs107.63 Billion, receivables Rs67.96 Billion) cover 198 days of daily cash needs of Rs884.99 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bharat Heavy Electricals Limited Defensive Interval Ratio (2004–2026)
This chart shows how Bharat Heavy Electricals Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 198 days, meaning defensive assets of Rs175.60 Billion can fund 198 days of operations without new revenue. For the complete balance sheet picture, see Bharat Heavy Electricals Limited (BHEL) total assets.
Annual Defensive Interval Ratio for Bharat Heavy Electricals Limited (2004–2026)
The table below presents the year-by-year Defensive Interval Ratio for Bharat Heavy Electricals Limited from 2004 to 2026, covering 23 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of Bharat Heavy Electricals Limited to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 193 days | Rs170.99 Billion | Rs884.99 Million/day | Rs- | Rs103.03 Billion | ▼ -175 days |
| 2025 | 368 days | Rs284.80 Billion | Rs773.30 Million/day | Rs1.99 Billion | Rs66.18 Billion | ▲ +51 days |
| 2024 | 318 days | Rs219.77 Billion | Rs691.71 Million/day | Rs- | Rs37.40 Billion | ▼ -39 days |
| 2023 | 356 days | Rs229.23 Billion | Rs643.28 Million/day | Rs50.82 Billion | Rs48.52 Billion | ▲ +47 days |
| 2022 | 310 days | Rs181.28 Billion | Rs585.51 Million/day | Rs- | Rs64.11 Billion | ▼ -21 days |
| 2021 | 330 days | Rs184.26 Billion | Rs557.81 Million/day | Rs0.00 | Rs51.60 Billion | ▼ -14 days |
| 2020 | 344 days | Rs213.95 Billion | Rs621.28 Million/day | Rs2.90 Million | Rs50.00 Billion | ▼ -95 days |
| 2019 | 440 days | Rs277.94 Billion | Rs632.35 Million/day | Rs7.96 Billion | Rs67.08 Billion | ▼ -95 days |
| 2018 | 535 days | Rs325.31 Billion | Rs608.53 Million/day | Rs2.00 Billion | Rs85.23 Billion | ▼ -51 days |
| 2017 | 585 days | Rs323.10 Billion | Rs551.85 Million/day | Rs- | Rs90.03 Billion | ▲ +413 days |
| 2016 | 172 days | Rs101.26 Billion | Rs587.18 Million/day | Rs- | Rs82.22 Billion | ▼ -325 days |
| 2015 | 498 days | Rs311.21 Billion | Rs625.13 Million/day | Rs- | Rs70.46 Billion | ▼ -31 days |
| 2014 | 529 days | Rs376.99 Billion | Rs712.59 Million/day | Rs- | Rs93.40 Billion | ▲ +484 days |
| 2013 | 45 days | Rs34.57 Billion | Rs772.83 Million/day | Rs- | Rs34.50 Billion | ▼ -300 days |
| 2012 | 345 days | Rs275.32 Billion | Rs798.78 Million/day | Rs- | Rs- | ▲ +47 days |
| 2011 | 297 days | Rs319.34 Billion | Rs1.07 Billion/day | Rs- | Rs30.76 Billion | ▲ +35 days |
| 2010 | 262 days | Rs234.75 Billion | Rs894.69 Million/day | Rs- | Rs26.83 Billion | ▲ +10 days |
| 2009 | 252 days | Rs197.57 Billion | Rs782.59 Million/day | Rs- | Rs23.42 Billion | ▲ +10 days |
| 2008 | 242 days | Rs131.61 Billion | Rs543.04 Million/day | Rs- | Rs11.86 Billion | ▼ -51 days |
| 2007 | 293 days | Rs115.93 Billion | Rs395.07 Million/day | Rs- | Rs11.41 Billion | ▼ -25 days |
| 2006 | 319 days | Rs90.17 Billion | Rs282.74 Million/day | Rs- | Rs12.00 Billion | ▼ -25 days |
| 2005 | 344 days | Rs79.58 Billion | Rs231.39 Million/day | Rs- | Rs12.30 Billion | ▲ +19 days |
| 2004 | 325 days | Rs56.48 Billion | Rs173.61 Million/day | Rs- | Rs10.39 Billion | — |