Indus Towers Limited (INDUSTOWER) — Defensive Interval Ratio
Indus Towers Limited (INDUSTOWER) has a Defensive Interval Ratio of 350 days as of September 2025. Defensive assets of Rs92.99 Billion (cash Rs15.29 Billion, short-term investments Rs29.18 Billion, receivables Rs48.52 Billion) cover 350 days of daily cash needs of Rs265.85 Million/day. Check tangible equity quality of Indus Towers Limited to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Indus Towers Limited Defensive Interval Ratio (2008–2025)
This chart shows how Indus Towers Limited's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 350 days, meaning defensive assets of Rs92.99 Billion can fund 350 days of operations without new revenue. Also explore INDUSTOWER net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Indus Towers Limited (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for Indus Towers Limited from 2008 to 2025, covering 18 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 INDUSTOWER market cap overview.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 442 days | Rs118.44 Billion | Rs268.13 Million/day | Rs0.00 | Rs70.76 Billion | ▲ +81 days |
| 2024 | 361 days | Rs100.31 Billion | Rs278.26 Million/day | Rs40.00 Million | Rs35.77 Billion | ▼ -13 days |
| 2023 | 373 days | Rs83.51 Billion | Rs223.64 Million/day | Rs0.00 | Rs2.76 Billion | ▼ -108 days |
| 2022 | 481 days | Rs116.43 Billion | Rs241.83 Million/day | Rs6.00 Billion | Rs16.52 Billion | ▲ +245 days |
| 2021 | 237 days | Rs90.56 Billion | Rs382.21 Million/day | Rs1.00 Million | Rs22.71 Billion | ▼ -169 days |
| 2020 | 406 days | Rs46.81 Billion | Rs115.35 Million/day | Rs1.40 Billion | Rs37.40 Billion | ▼ -422 days |
| 2019 | 828 days | Rs40.28 Billion | Rs48.64 Million/day | Rs- | Rs29.56 Billion | ▼ -644 days |
| 2018 | 1473 days | Rs73.26 Billion | Rs49.75 Million/day | Rs- | Rs65.08 Billion | ▲ +1284 days |
| 2017 | 189 days | Rs22.73 Billion | Rs120.42 Million/day | Rs- | Rs14.99 Billion | ▲ +11 days |
| 2016 | 177 days | Rs18.76 Billion | Rs105.75 Million/day | Rs- | Rs14.84 Billion | ▼ -119 days |
| 2015 | 296 days | Rs41.11 Billion | Rs138.89 Million/day | Rs- | Rs31.44 Billion | ▼ -120 days |
| 2014 | 416 days | Rs48.01 Billion | Rs115.48 Million/day | Rs- | Rs38.46 Billion | ▼ -336 days |
| 2013 | 751 days | Rs83.83 Billion | Rs111.57 Million/day | Rs- | Rs38.91 Billion | ▲ +373 days |
| 2012 | 378 days | Rs35.87 Billion | Rs94.81 Million/day | Rs- | Rs3.36 Billion | ▼ -9 days |
| 2011 | 387 days | Rs28.71 Billion | Rs74.22 Million/day | Rs- | Rs2.47 Billion | ▼ -14 days |
| 2010 | 401 days | Rs27.52 Billion | Rs68.71 Million/day | Rs- | Rs10.61 Billion | ▲ +269 days |
| 2009 | 131 days | Rs24.56 Billion | Rs187.22 Million/day | Rs- | Rs4.39 Billion | ▼ -586 days |
| 2008 | 717 days | Rs38.00 Billion | Rs52.99 Million/day | Rs- | Rs33.40 Billion | — |