Hindalco Industries Limited (HINDALCO) — Defensive Interval Ratio
Hindalco Industries Limited (HINDALCO) has a Defensive Interval Ratio of 232 days as of September 2025. Defensive assets of Rs501.00 Billion (cash Rs122.78 Billion, short-term investments Rs171.66 Billion, receivables Rs206.56 Billion) cover 232 days of daily cash needs of Rs2.16 Billion/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hindalco Industries Limited Defensive Interval Ratio (2004–2025)
This chart shows how Hindalco Industries Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at 232 days, meaning defensive assets of Rs501.00 Billion can fund 232 days of operations without new revenue. For the complete balance sheet picture, see HINDALCO total assets.
Annual Defensive Interval Ratio for Hindalco Industries Limited (2004–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hindalco Industries Limited from 2004 to 2025, covering 22 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See HINDALCO net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 184 days | Rs329.85 Billion | Rs1.79 Billion/day | Rs26.19 Billion | Rs105.32 Billion | ▲ +26 days |
| 2024 | 158 days | Rs256.73 Billion | Rs1.63 Billion/day | Rs27.85 Billion | Rs58.84 Billion | ▼ -15 days |
| 2023 | 173 days | Rs287.09 Billion | Rs1.66 Billion/day | Rs35.70 Billion | Rs84.92 Billion | ▼ -2 days |
| 2022 | 176 days | Rs372.08 Billion | Rs2.12 Billion/day | Rs43.33 Billion | Rs111.89 Billion | ▼ -11 days |
| 2021 | 186 days | Rs247.53 Billion | Rs1.33 Billion/day | Rs20.48 Billion | Rs97.46 Billion | ▼ -3 days |
| 2020 | 189 days | Rs193.10 Billion | Rs1.02 Billion/day | Rs32.66 Billion | Rs63.72 Billion | ▼ -5 days |
| 2019 | 194 days | Rs179.67 Billion | Rs924.35 Million/day | Rs17.64 Billion | Rs45.11 Billion | ▲ +18 days |
| 2018 | 177 days | Rs156.37 Billion | Rs885.38 Million/day | Rs11.86 Billion | Rs39.04 Billion | ▲ +77 days |
| 2017 | 100 days | Rs104.43 Billion | Rs1.05 Billion/day | Rs11.57 Billion | Rs787.20 Million | ▼ -81 days |
| 2016 | 181 days | Rs156.99 Billion | Rs868.74 Million/day | Rs- | Rs77.80 Billion | ▲ +18 days |
| 2015 | 162 days | Rs165.22 Billion | Rs1.02 Billion/day | Rs- | Rs73.35 Billion | ▼ -39 days |
| 2014 | 202 days | Rs173.99 Billion | Rs863.16 Million/day | Rs- | Rs81.65 Billion | ▼ -128 days |
| 2013 | 330 days | Rs209.06 Billion | Rs634.29 Million/day | Rs- | Rs83.79 Billion | ▲ +52 days |
| 2012 | 277 days | Rs154.24 Billion | Rs556.19 Million/day | Rs- | Rs54.07 Billion | ▲ +14 days |
| 2011 | 264 days | Rs156.64 Billion | Rs594.08 Million/day | Rs- | Rs58.85 Billion | ▲ +59 days |
| 2010 | 205 days | Rs100.95 Billion | Rs493.60 Million/day | Rs- | Rs8.91 Billion | ▲ +14 days |
| 2009 | 191 days | Rs85.00 Billion | Rs445.48 Million/day | Rs- | Rs18.27 Billion | ▲ +9 days |
| 2008 | 182 days | Rs85.76 Billion | Rs471.78 Million/day | Rs- | Rs18.59 Billion | ▼ -42 days |
| 2007 | 223 days | Rs27.00 Billion | Rs120.85 Million/day | Rs- | Rs11.51 Billion | ▼ -50 days |
| 2006 | 273 days | Rs29.28 Billion | Rs107.15 Million/day | Rs- | Rs7.88 Billion | ▲ +22 days |
| 2005 | 251 days | Rs19.17 Billion | Rs76.47 Million/day | Rs- | Rs3.28 Billion | ▼ -167 days |
| 2004 | 418 days | Rs17.30 Billion | Rs41.42 Million/day | Rs- | Rs9.78 Billion | — |