Jindal Stainless Limited (JSL) — Defensive Interval Ratio

Latest as of September 2025: 197 days

Jindal Stainless Limited (JSL) has a Defensive Interval Ratio of 197 days as of September 2025. Defensive assets of Rs81.27 Billion (cash Rs25.17 Billion, short-term investments Rs21.94 Billion, receivables Rs34.16 Billion) cover 197 days of daily cash needs of Rs413.53 Million/day. Check Jindal Stainless Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

197 days
Days of operational coverage

Defensive Assets

Rs81.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs413.53 Million
Current Liabilities ÷ 365

Current Liabilities

Rs150.94 Billion
INR

Jindal Stainless Limited Defensive Interval Ratio (2005–2025)

This chart shows how Jindal Stainless Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 197 days, meaning defensive assets of Rs81.27 Billion can fund 197 days of operations without new revenue. Also explore JSL net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Jindal Stainless Limited (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for Jindal Stainless Limited from 2005 to 2025, covering 21 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 Jindal Stainless Limited (JSL) total market value.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 127 days Rs46.22 Billion Rs362.82 Million/day Rs2.19 Billion Rs8.39 Billion ▼ -37 days
2024 164 days Rs45.11 Billion Rs275.18 Million/day Rs7.50 Billion Rs6.41 Billion ▲ +9 days
2023 155 days Rs46.59 Billion Rs300.01 Million/day Rs800.90 Million Rs4.80 Billion ▼ -19 days
2022 175 days Rs41.44 Billion Rs237.44 Million/day Rs824.30 Million Rs859.20 Million ▲ +88 days
2021 87 days Rs9.62 Billion Rs111.13 Million/day Rs9.10 Million Rs5.80 Million ▲ +26 days
2020 60 days Rs7.61 Billion Rs125.97 Million/day Rs55.40 Million Rs25.30 Million ▼ -27 days
2019 87 days Rs10.66 Billion Rs121.91 Million/day Rs346.80 Million Rs71.90 Million ▲ +5 days
2018 82 days Rs9.75 Billion Rs118.84 Million/day Rs100.00K Rs165.50 Million ▲ +12 days
2017 70 days Rs10.73 Billion Rs152.56 Million/day Rs104.60 Million Rs28.10 Million ▼ -266 days
2016 336 days Rs52.76 Billion Rs156.94 Million/day Rs- Rs2.81 Million ▼ -77 days
2015 413 days Rs62.56 Billion Rs151.47 Million/day Rs- Rs3.06 Million ▲ +330 days
2014 83 days Rs16.96 Billion Rs205.01 Million/day Rs- Rs6.92 Million ▼ -20 days
2013 103 days Rs19.37 Billion Rs188.23 Million/day Rs- Rs21.95 Million ▲ +105 days
2012 -2 days Rs-337.30 Million Rs179.34 Million/day Rs- Rs10.40 Million ▼ -205 days
2011 203 days Rs16.76 Billion Rs82.58 Million/day Rs- Rs- ▼ -2 days
2010 205 days Rs14.83 Billion Rs72.37 Million/day Rs- Rs- ▲ +103 days
2009 102 days Rs9.84 Billion Rs96.85 Million/day Rs- Rs- ▼ -48 days
2008 150 days Rs11.80 Billion Rs78.84 Million/day Rs- Rs- ▼ -18 days
2007 168 days Rs9.27 Billion Rs55.17 Million/day Rs- Rs- ▼ -83 days
2006 251 days Rs9.63 Billion Rs38.40 Million/day Rs- Rs1.82 Billion ▲ +15 days
2005 236 days Rs6.39 Billion Rs27.14 Million/day Rs- Rs473.44 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)