Happiest Minds Technologies Limited (HAPPSTMNDS) — Defensive Interval Ratio
Happiest Minds Technologies Limited (HAPPSTMNDS) has a Defensive Interval Ratio of 104 days as of December 2025. Defensive assets of Rs3.43 Billion (cash Rs-, short-term investments Rs-, receivables Rs3.43 Billion) cover 104 days of daily cash needs of Rs33.14 Million/day. Check HAPPSTMNDS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Happiest Minds Technologies Limited Defensive Interval Ratio (2013–2025)
This chart shows how Happiest Minds Technologies Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 104 days, meaning defensive assets of Rs3.43 Billion can fund 104 days of operations without new revenue. Also explore HAPPSTMNDS net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Happiest Minds Technologies Limited (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Happiest Minds Technologies 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 market value of Happiest Minds Technologies Limited.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 273 days | Rs9.05 Billion | Rs33.09 Million/day | Rs- | Rs5.47 Billion | ▼ -692 days |
| 2024 | 965 days | Rs14.99 Billion | Rs15.53 Million/day | Rs- | Rs11.13 Billion | ▲ +460 days |
| 2023 | 505 days | Rs7.97 Billion | Rs15.79 Million/day | Rs- | Rs4.62 Billion | ▼ -325 days |
| 2022 | 830 days | Rs8.29 Billion | Rs9.99 Million/day | Rs- | Rs5.55 Billion | ▲ +31 days |
| 2021 | 799 days | Rs6.10 Billion | Rs7.64 Million/day | Rs- | Rs4.21 Billion | ▲ +204 days |
| 2020 | 595 days | Rs3.45 Billion | Rs5.80 Million/day | Rs- | Rs1.85 Billion | ▲ +376 days |
| 2019 | 219 days | Rs2.59 Billion | Rs11.84 Million/day | Rs- | Rs1.12 Billion | ▲ +13 days |
| 2018 | 206 days | Rs2.42 Billion | Rs11.74 Million/day | Rs- | Rs1.39 Billion | ▼ -772 days |
| 2017 | 978 days | Rs2.58 Billion | Rs2.63 Million/day | Rs- | Rs1.55 Billion | ▲ +252 days |
| 2016 | 726 days | Rs1.58 Billion | Rs2.18 Million/day | Rs- | Rs697.50 Million | ▼ -223 days |
| 2015 | 949 days | Rs1.45 Billion | Rs1.52 Million/day | Rs- | Rs680.79 Million | ▼ -192 days |
| 2014 | 1141 days | Rs1.08 Billion | Rs950.52K/day | Rs- | Rs505.14 Million | ▲ +403 days |
| 2013 | 738 days | Rs468.40 Million | Rs634.70K/day | Rs- | Rs208.10 Million | — |