Hi-Tech Pipes Limited (HITECH) — Defensive Interval Ratio

Latest as of September 2025: 316 days

Hi-Tech Pipes Limited (HITECH) has a Defensive Interval Ratio of 316 days as of September 2025. Defensive assets of Rs4.71 Billion (cash Rs20.09 Million, short-term investments Rs995.66 Million, receivables Rs3.69 Billion) cover 316 days of daily cash needs of Rs14.90 Million/day. Check HITECH intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

316 days
Days of operational coverage

Defensive Assets

Rs4.71 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs14.90 Million
Current Liabilities ÷ 365

Current Liabilities

Rs5.44 Billion
INR

Hi-Tech Pipes Limited Defensive Interval Ratio (2013–2025)

This chart shows how Hi-Tech Pipes Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 316 days, meaning defensive assets of Rs4.71 Billion can fund 316 days of operations without new revenue. Also explore Hi-Tech Pipes Limited equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hi-Tech Pipes Limited (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Hi-Tech Pipes 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 HITECH market cap overview.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 375 days Rs4.50 Billion Rs12.00 Million/day Rs- Rs1.47 Billion ▲ +137 days
2024 238 days Rs3.04 Billion Rs12.76 Million/day Rs- Rs236.59 Million ▲ +40 days
2023 198 days Rs2.05 Billion Rs10.35 Million/day Rs- Rs192.78 Million ▲ +3 days
2022 195 days Rs1.84 Billion Rs9.41 Million/day Rs- Rs161.71 Million ▲ +4 days
2021 191 days Rs1.37 Billion Rs7.15 Million/day Rs- Rs162.93 Million ▼ -28 days
2020 220 days Rs1.76 Billion Rs7.99 Million/day Rs- Rs-36.12 Million ▼ -11 days
2019 231 days Rs1.73 Billion Rs7.50 Million/day Rs- Rs-28.68 Million ▲ +31 days
2018 200 days Rs1.38 Billion Rs6.88 Million/day Rs9.22 Million Rs40.54 Million ▼ -2 days
2017 202 days Rs1.21 Billion Rs6.01 Million/day Rs8.24 Million Rs-26.21 Million ▲ +60 days
2016 142 days Rs652.13 Million Rs4.60 Million/day Rs- Rs- ▼ -83 days
2015 225 days Rs872.03 Million Rs3.88 Million/day Rs- Rs- ▲ +71 days
2014 154 days Rs717.16 Million Rs4.65 Million/day Rs- Rs- ▲ +9 days
2013 145 days Rs575.92 Million Rs3.97 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)