Dev Information Technology Limited (DEVIT) — Defensive Interval Ratio
Dev Information Technology Limited (DEVIT) has a Defensive Interval Ratio of 569 days as of September 2025. Defensive assets of Rs772.70 Million (cash Rs18.16 Million, short-term investments Rs5.18 Million, receivables Rs749.37 Million) cover 569 days of daily cash needs of Rs1.36 Million/day. Check Dev Information Technology Limited (DEVIT) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Dev Information Technology Limited Defensive Interval Ratio (2012–2024)
This chart shows how Dev Information Technology Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 569 days, meaning defensive assets of Rs772.70 Million can fund 569 days of operations without new revenue. Also explore net asset momentum of Dev Information Technology Limited to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Dev Information Technology Limited (2012–2024)
The table below presents the year-by-year Defensive Interval Ratio for Dev Information Technology Limited from 2012 to 2024, 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 Dev Information Technology Limited (DEVIT) market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 627 days | Rs764.65 Million | Rs1.22 Million/day | Rs19.05 Million | Rs27.00K | ▲ +23 days |
| 2023 | 605 days | Rs513.76 Million | Rs849.70K/day | Rs- | Rs27.00K | ▼ -55 days |
| 2022 | 659 days | Rs401.72 Million | Rs609.26K/day | Rs24.96 Million | Rs26.66 Million | ▲ +190 days |
| 2021 | 469 days | Rs416.97 Million | Rs888.78K/day | Rs88.33 Million | Rs17.84 Million | ▼ -14 days |
| 2020 | 483 days | Rs361.35 Million | Rs747.61K/day | Rs110.65 Million | Rs28.16 Million | ▼ -76 days |
| 2019 | 559 days | Rs342.17 Million | Rs611.62K/day | Rs63.54 Million | Rs12.32 Million | ▲ +23 days |
| 2018 | 536 days | Rs319.10 Million | Rs594.97K/day | Rs77.74 Million | Rs23.61 Million | ▲ +20 days |
| 2017 | 517 days | Rs376.96 Million | Rs729.61K/day | Rs73.21 Million | Rs23.93 Million | ▲ +135 days |
| 2016 | 382 days | Rs254.58 Million | Rs666.91K/day | Rs51.46 Million | Rs- | ▼ -15 days |
| 2015 | 397 days | Rs183.49 Million | Rs462.12K/day | Rs- | Rs-250.00 | ▲ +14 days |
| 2014 | 383 days | Rs160.52 Million | Rs419.17K/day | Rs- | Rs- | ▲ +59 days |
| 2013 | 324 days | Rs240.91 Million | Rs742.95K/day | Rs- | Rs- | ▲ +58 days |
| 2012 | 266 days | Rs110.39 Million | Rs415.31K/day | Rs- | Rs- | — |