Hardwyn India Limited (HARDWYN) — Defensive Interval Ratio

Latest as of March 2026: 325 days

Hardwyn India Limited (HARDWYN) has a Defensive Interval Ratio of 325 days as of March 2026. Defensive assets of Rs480.83 Million (cash Rs-, short-term investments Rs18.72 Million, receivables Rs462.12 Million) cover 325 days of daily cash needs of Rs1.48 Million/day. See HARDWYN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

325 days
Days of operational coverage

Defensive Assets

Rs480.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs1.48 Million
Current Liabilities ÷ 365

Current Liabilities

Rs539.50 Million
INR

Hardwyn India Limited Defensive Interval Ratio (2018–2026)

This chart shows how Hardwyn India Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2018 to 2026. As of March 2026, the ratio stands at 325 days, meaning defensive assets of Rs480.83 Million can fund 325 days of operations without new revenue. See HARDWYN equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Hardwyn India Limited (2018–2026)

The table below presents the year-by-year Defensive Interval Ratio for Hardwyn India Limited from 2018 to 2026, covering 9 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 India Limited market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 325 days Rs480.83 Million Rs1.48 Million/day Rs- Rs18.72 Million ▲ +79 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- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)