Grindwell Norton Limited (GRINDWELL) — Defensive Interval Ratio
Grindwell Norton Limited (GRINDWELL) has a Defensive Interval Ratio of 648 days as of September 2025. Defensive assets of Rs12.48 Billion (cash Rs2.05 Billion, short-term investments Rs6.33 Billion, receivables Rs4.10 Billion) cover 648 days of daily cash needs of Rs19.25 Million/day. Check GRINDWELL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Grindwell Norton Limited Defensive Interval Ratio (2005–2025)
This chart shows how Grindwell Norton Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 648 days, meaning defensive assets of Rs12.48 Billion can fund 648 days of operations without new revenue. Also explore GRINDWELL net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Grindwell Norton Limited (2005–2025)
The table below presents the year-by-year Defensive Interval Ratio for Grindwell Norton 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 Grindwell Norton Limited worth.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 596 days | Rs10.37 Billion | Rs17.42 Million/day | Rs590.00 Million | Rs6.16 Billion | ▼ -42 days |
| 2024 | 637 days | Rs9.96 Billion | Rs15.63 Million/day | Rs290.00 Million | Rs6.09 Billion | ▲ +35 days |
| 2023 | 602 days | Rs8.51 Billion | Rs14.13 Million/day | Rs260.00 Million | Rs5.44 Billion | ▼ -20 days |
| 2022 | 622 days | Rs8.33 Billion | Rs13.38 Million/day | Rs250.00 Million | Rs5.71 Billion | ▼ -76 days |
| 2021 | 698 days | Rs8.33 Billion | Rs11.93 Million/day | Rs- | Rs6.32 Billion | ▲ +38 days |
| 2020 | 660 days | Rs6.19 Billion | Rs9.38 Million/day | Rs0.00 | Rs4.14 Billion | ▲ +345 days |
| 2019 | 316 days | Rs2.50 Billion | Rs7.91 Million/day | Rs1.23 Million | Rs258.19 Million | ▲ +84 days |
| 2018 | 232 days | Rs1.86 Billion | Rs8.03 Million/day | Rs50.00 Million | Rs39.78 Million | ▲ +28 days |
| 2017 | 204 days | Rs1.46 Billion | Rs7.16 Million/day | Rs0.00 | Rs97.10 Million | ▼ -1 days |
| 2016 | 205 days | Rs1.53 Billion | Rs7.48 Million/day | Rs- | Rs54.54 Million | ▲ +29 days |
| 2015 | 175 days | Rs1.28 Billion | Rs7.32 Million/day | Rs- | Rs- | ▲ +23 days |
| 2014 | 152 days | Rs899.59 Million | Rs5.90 Million/day | Rs- | Rs- | ▼ -32 days |
| 2013 | 185 days | Rs1.07 Billion | Rs5.78 Million/day | Rs- | Rs- | ▲ +32 days |
| 2012 | 152 days | Rs954.56 Million | Rs6.27 Million/day | Rs- | Rs- | ▲ +525 days |
| 2011 | -372 days | Rs-1.92 Billion | Rs5.15 Million/day | Rs- | Rs300.49 Million | ▼ -434 days |
| 2010 | 62 days | Rs280.05 Million | Rs4.52 Million/day | Rs- | Rs280.05 Million | ▲ +438 days |
| 2009 | -376 days | Rs-1.50 Billion | Rs3.99 Million/day | Rs- | Rs227.58 Million | ▼ -441 days |
| 2008 | 65 days | Rs266.87 Million | Rs4.10 Million/day | Rs- | Rs266.87 Million | ▲ +10 days |
| 2007 | 55 days | Rs169.20 Million | Rs3.10 Million/day | Rs- | Rs169.20 Million | ▼ -14 days |
| 2006 | 69 days | Rs165.76 Million | Rs2.41 Million/day | Rs- | Rs165.76 Million | ▼ -51 days |
| 2005 | 120 days | Rs459.71 Million | Rs3.85 Million/day | Rs- | Rs- | — |