Finolex Industries Limited (FINPIPE) — Defensive Interval Ratio

Latest as of September 2025: 1410 days

Finolex Industries Limited (FINPIPE) has a Defensive Interval Ratio of 1410 days as of September 2025. Defensive assets of Rs23.09 Billion (cash Rs790.50 Million, short-term investments Rs18.92 Billion, receivables Rs3.37 Billion) cover 1410 days of daily cash needs of Rs16.38 Million/day. Check tangible equity quality of Finolex Industries Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1410 days
Days of operational coverage

Defensive Assets

Rs23.09 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs16.38 Million
Current Liabilities ÷ 365

Current Liabilities

Rs5.98 Billion
INR

Finolex Industries Limited Defensive Interval Ratio (2005–2025)

This chart shows how Finolex Industries Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 1410 days, meaning defensive assets of Rs23.09 Billion can fund 1410 days of operations without new revenue. Also explore Finolex Industries Limited annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Finolex Industries Limited (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Finolex Industries Limited from 2005 to 2025, covering 21 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 how much is Finolex Industries Limited worth.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 977 days Rs26.18 Billion Rs26.79 Million/day Rs809.70 Million Rs21.44 Billion ▲ +190 days
2024 788 days Rs23.81 Billion Rs30.23 Million/day Rs- Rs19.05 Billion ▲ +89 days
2023 698 days Rs21.73 Billion Rs31.12 Million/day Rs520.40 Million Rs17.91 Billion ▲ +108 days
2022 590 days Rs19.39 Billion Rs32.85 Million/day Rs- Rs15.80 Billion ▲ +223 days
2021 368 days Rs9.43 Billion Rs25.65 Million/day Rs- Rs7.84 Billion ▲ +194 days
2020 174 days Rs3.29 Billion Rs18.94 Million/day Rs200.10 Million Rs1.33 Billion ▼ -63 days
2019 237 days Rs3.34 Billion Rs14.12 Million/day Rs- Rs2.26 Billion ▲ +111 days
2018 126 days Rs1.69 Billion Rs13.45 Million/day Rs- Rs822.01 Million ▲ +38 days
2017 87 days Rs1.09 Billion Rs12.51 Million/day Rs- Rs565.58 Million ▼ -5 days
2016 92 days Rs1.86 Billion Rs20.06 Million/day Rs- Rs1.68 Billion ▲ +43 days
2015 49 days Rs1.04 Billion Rs21.05 Million/day Rs- Rs550.50 Million ▼ -14 days
2014 64 days Rs1.35 Billion Rs21.21 Million/day Rs- Rs940.50 Million ▼ -29 days
2013 92 days Rs2.71 Billion Rs29.31 Million/day Rs- Rs2.32 Billion ▼ -33 days
2012 125 days Rs3.90 Billion Rs31.17 Million/day Rs- Rs3.71 Billion ▼ -106 days
2011 231 days Rs2.81 Billion Rs12.19 Million/day Rs- Rs2.81 Billion ▲ +47 days
2010 184 days Rs1.96 Billion Rs10.63 Million/day Rs- Rs1.96 Billion ▼ -511 days
2009 695 days Rs9.17 Billion Rs13.20 Million/day Rs- Rs4.79 Billion ▼ -61 days
2008 755 days Rs8.59 Billion Rs11.38 Million/day Rs- Rs4.19 Billion ▲ +196 days
2007 559 days Rs5.68 Billion Rs10.17 Million/day Rs- Rs2.96 Billion ▲ +307 days
2006 252 days Rs4.40 Billion Rs17.45 Million/day Rs- Rs2.14 Billion ▲ +48 days
2005 205 days Rs3.65 Billion Rs17.84 Million/day Rs- Rs1.82 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)