India Pesticides Limited (IPL) — Defensive Interval Ratio

Latest as of March 2026: 623 days

India Pesticides Limited (IPL) has a Defensive Interval Ratio of 623 days as of March 2026. Defensive assets of Rs4.55 Billion (cash Rs-, short-term investments Rs916.90 Million, receivables Rs3.64 Billion) cover 623 days of daily cash needs of Rs7.31 Million/day.

Defensive Interval Ratio

623 days
Days of operational coverage

Defensive Assets

Rs4.55 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs7.31 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.67 Billion
INR

India Pesticides Limited Defensive Interval Ratio (2017–2026)

This chart shows how India Pesticides Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 623 days, meaning defensive assets of Rs4.55 Billion can fund 623 days of operations without new revenue. For the complete balance sheet picture, see India Pesticides Limited asset portfolio.

Annual Defensive Interval Ratio for India Pesticides Limited (2017–2026)

The table below presents the year-by-year Defensive Interval Ratio for India Pesticides Limited from 2017 to 2026, covering 10 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 India Pesticides Limited current assets vs equity 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)
2026 633 days Rs4.62 Billion Rs7.31 Million/day Rs- Rs987.00 Million ▼ -5 days
2025 638 days Rs3.81 Billion Rs5.97 Million/day Rs- Rs368.40 Million ▼ -132 days
2024 770 days Rs3.19 Billion Rs4.15 Million/day Rs- Rs800.60 Million ▼ -140 days
2023 910 days Rs3.14 Billion Rs3.45 Million/day Rs- Rs523.21 Million ▲ +223 days
2022 687 days Rs2.51 Billion Rs3.66 Million/day Rs- Rs24.05 Million ▼ -151 days
2021 838 days Rs2.55 Billion Rs3.05 Million/day Rs- Rs410.55 Million ▲ +87 days
2020 751 days Rs1.86 Billion Rs2.48 Million/day Rs- Rs13.12 Million ▲ +156 days
2019 595 days Rs1.81 Billion Rs3.04 Million/day Rs- Rs12.12 Million ▲ +28 days
2018 567 days Rs1.27 Billion Rs2.25 Million/day Rs- Rs11.36 Million ▲ +48 days
2017 519 days Rs870.65 Million Rs1.68 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)