Hardwyn India Limited (HARDWYN) — Defensive Interval Ratio
Hardwyn India Limited (HARDWYN) has a Defensive Interval Ratio of 260 days as of September 2025. Defensive assets of Rs536.45 Million (cash Rs-, short-term investments Rs17.92 Million, receivables Rs518.53 Million) cover 260 days of daily cash needs of Rs2.06 Million/day. Check how tangible is Hardwyn India Limited's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hardwyn India Limited Defensive Interval Ratio (2018–2025)
This chart shows how Hardwyn India Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of September 2025, the ratio stands at 260 days, meaning defensive assets of Rs536.45 Million can fund 260 days of operations without new revenue. Also explore Hardwyn India Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Hardwyn India Limited (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hardwyn India Limited from 2018 to 2025, covering 8 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 HARDWYN company net worth.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 247 days | Rs446.27 Million | Rs1.81 Million/day | Rs- | Rs17.81 Million | ▲ +36 days |
| 2024 | 211 days | Rs330.77 Million | Rs1.57 Million/day | Rs- | Rs16.45 Million | ▼ -24 days |
| 2023 | 235 days | Rs263.36 Million | Rs1.12 Million/day | Rs- | Rs12.90 Million | ▼ -43 days |
| 2022 | 278 days | Rs317.34 Million | Rs1.14 Million/day | Rs- | Rs12.90 Million | ▼ -9 days |
| 2021 | 287 days | Rs212.35 Million | Rs740.91K/day | Rs- | Rs- | ▼ -1027 days |
| 2020 | 1314 days | Rs91.93 Million | Rs69.96K/day | Rs- | Rs- | ▲ +411 days |
| 2019 | 903 days | Rs170.45 Million | Rs188.73K/day | Rs- | Rs- | ▼ -539 days |
| 2018 | 1442 days | Rs88.48 Million | Rs61.36K/day | Rs- | Rs- | — |