Larsen & Toubro Limited (LT) — Defensive Interval Ratio
Larsen & Toubro Limited (LT) has a Defensive Interval Ratio of 255 days as of March 2026. Defensive assets of Rs1.63 Trillion (cash Rs-, short-term investments Rs595.25 Billion, receivables Rs1.04 Trillion) cover 255 days of daily cash needs of Rs6.40 Billion/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Larsen & Toubro Limited Defensive Interval Ratio (2002–2026)
This chart shows how Larsen & Toubro Limited's Defensive Interval Ratio has evolved across 25 annual periods from 2002 to 2026. As of March 2026, the ratio stands at 255 days, meaning defensive assets of Rs1.63 Trillion can fund 255 days of operations without new revenue. For the complete balance sheet picture, see Larsen & Toubro Limited asset portfolio.
Annual Defensive Interval Ratio for Larsen & Toubro Limited (2002–2026)
The table below presents the year-by-year Defensive Interval Ratio for Larsen & Toubro Limited from 2002 to 2026, covering 25 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 working capital position of Larsen & Toubro Limited 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 | 255 days | Rs1.63 Trillion | Rs6.40 Billion/day | Rs- | Rs595.25 Billion | ▲ +5 days |
| 2025 | 251 days | Rs1.39 Trillion | Rs5.53 Billion/day | Rs4.07 Billion | Rs482.47 Billion | ▼ -155 days |
| 2024 | 406 days | Rs1.96 Trillion | Rs4.84 Billion/day | Rs3.45 Billion | Rs366.74 Billion | ▼ -27 days |
| 2023 | 433 days | Rs1.92 Trillion | Rs4.44 Billion/day | Rs6.90 Billion | Rs375.11 Billion | ▲ +11 days |
| 2022 | 422 days | Rs1.84 Trillion | Rs4.37 Billion/day | Rs518.00 Million | Rs322.55 Billion | ▲ +97 days |
| 2021 | 325 days | Rs1.22 Trillion | Rs3.76 Billion/day | Rs191.00 Million | Rs316.28 Billion | ▲ +55 days |
| 2020 | 270 days | Rs1.07 Trillion | Rs3.97 Billion/day | Rs37.00 Million | Rs145.76 Billion | ▲ +4 days |
| 2019 | 266 days | Rs981.73 Billion | Rs3.69 Billion/day | Rs601.00 Million | Rs147.92 Billion | ▼ -22 days |
| 2018 | 288 days | Rs862.58 Billion | Rs2.99 Billion/day | Rs129.00 Million | Rs103.64 Billion | ▼ -31 days |
| 2017 | 319 days | Rs782.22 Billion | Rs2.45 Billion/day | Rs164.00 Million | Rs153.57 Billion | ▲ +36 days |
| 2016 | 283 days | Rs693.29 Billion | Rs2.45 Billion/day | Rs- | Rs86.03 Billion | ▼ -106 days |
| 2015 | 390 days | Rs829.40 Billion | Rs2.13 Billion/day | Rs- | Rs87.60 Billion | ▲ +86 days |
| 2014 | 303 days | Rs571.05 Billion | Rs1.88 Billion/day | Rs- | Rs69.97 Billion | ▼ -154 days |
| 2013 | 458 days | Rs675.33 Billion | Rs1.48 Billion/day | Rs- | Rs85.07 Billion | ▲ +403 days |
| 2012 | 54 days | Rs68.46 Billion | Rs1.26 Billion/day | Rs- | Rs72.25 Billion | ▼ -336 days |
| 2011 | 390 days | Rs325.80 Billion | Rs834.64 Million/day | Rs- | Rs- | ▲ +7 days |
| 2010 | 383 days | Rs249.59 Billion | Rs651.20 Million/day | Rs- | Rs- | ▲ +7 days |
| 2009 | 376 days | Rs214.76 Billion | Rs571.38 Million/day | Rs- | Rs-800.00K | ▲ +150 days |
| 2008 | 226 days | Rs129.79 Billion | Rs574.54 Million/day | Rs- | Rs-800.00K | ▼ -95 days |
| 2007 | 321 days | Rs112.92 Billion | Rs352.15 Million/day | Rs- | Rs-2.70 Million | ▼ -76 days |
| 2006 | 397 days | Rs82.79 Billion | Rs208.65 Million/day | Rs- | Rs-38.80 Million | ▲ +3 days |
| 2005 | 394 days | Rs65.19 Billion | Rs165.63 Million/day | Rs- | Rs-40.10 Million | ▼ -28 days |
| 2004 | 422 days | Rs53.37 Billion | Rs126.45 Million/day | Rs- | Rs- | ▲ +433 days |
| 2003 | -11 days | Rs-1.18 Billion | Rs105.74 Million/day | Rs- | Rs- | ▼ -338 days |
| 2002 | 326 days | Rs26.60 Billion | Rs81.48 Million/day | Rs- | Rs- | — |