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

Latest as of March 2026: 336 days

Hi-Tech Pipes Limited (HITECH) has a Defensive Interval Ratio of 336 days as of March 2026. Defensive assets of Rs5.14 Billion (cash Rs-, short-term investments Rs653.38 Million, receivables Rs4.49 Billion) cover 336 days of daily cash needs of Rs15.31 Million/day. See how liquid is Hi-Tech Pipes Limited's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

336 days
Days of operational coverage

Defensive Assets

Rs5.14 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs15.31 Million
Current Liabilities ÷ 365

Current Liabilities

Rs5.59 Billion
INR

Hi-Tech Pipes Limited Defensive Interval Ratio (2013–2026)

This chart shows how Hi-Tech Pipes Limited's Defensive Interval Ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 336 days, meaning defensive assets of Rs5.14 Billion can fund 336 days of operations without new revenue. See Hi-Tech Pipes Limited (HITECH) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Hi-Tech Pipes Limited (2013–2026)

The table below presents the year-by-year Defensive Interval Ratio for Hi-Tech Pipes Limited from 2013 to 2026, covering 14 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 stock market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 336 days Rs5.14 Billion Rs15.31 Million/day Rs- Rs653.38 Million ▼ -39 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)