Lupin Limited (LUPIN) — Defensive Interval Ratio

Latest as of March 2026: 294 days

Lupin Limited (LUPIN) has a Defensive Interval Ratio of 294 days as of March 2026. Defensive assets of Rs101.84 Billion (cash Rs-, short-term investments Rs35.77 Billion, receivables Rs66.07 Billion) cover 294 days of daily cash needs of Rs346.61 Million/day.

Defensive Interval Ratio

294 days
Days of operational coverage

Defensive Assets

Rs101.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs346.61 Million
Current Liabilities ÷ 365

Current Liabilities

Rs126.51 Billion
INR

Lupin Limited Defensive Interval Ratio (2004–2026)

This chart shows how Lupin Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 294 days, meaning defensive assets of Rs101.84 Billion can fund 294 days of operations without new revenue. For the complete balance sheet picture, see Lupin Limited asset portfolio.

Annual Defensive Interval Ratio for Lupin Limited (2004–2026)

The table below presents the year-by-year Defensive Interval Ratio for Lupin Limited from 2004 to 2026, covering 23 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 LUPIN working capital ratio 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 294 days Rs101.84 Billion Rs346.61 Million/day Rs- Rs35.77 Billion ▲ +11 days
2025 283 days Rs69.48 Billion Rs245.52 Million/day Rs- Rs14.46 Billion ▼ -12 days
2024 295 days Rs68.70 Billion Rs232.92 Million/day Rs- Rs9.91 Billion ▲ +46 days
2023 249 days Rs63.29 Billion Rs253.85 Million/day Rs- Rs6.74 Billion ▲ +196 days
2022 53 days Rs12.00 Billion Rs226.75 Million/day Rs- Rs10.14 Billion ▼ -286 days
2021 339 days Rs78.37 Billion Rs231.13 Million/day Rs- Rs24.59 Billion ▼ -8 days
2020 347 days Rs87.75 Billion Rs252.75 Million/day Rs- Rs24.43 Billion ▼ -133 days
2019 480 days Rs80.63 Billion Rs167.94 Million/day Rs- Rs21.51 Billion ▲ +53 days
2018 427 days Rs59.57 Billion Rs139.60 Million/day Rs139.20 Million Rs3.01 Billion ▲ +20 days
2017 407 days Rs68.18 Billion Rs167.69 Million/day Rs163.40 Million Rs21.43 Billion ▲ +54 days
2016 353 days Rs48.93 Billion Rs138.66 Million/day Rs- Rs120.20 Million ▼ -81 days
2015 434 days Rs44.35 Billion Rs102.17 Million/day Rs- Rs16.56 Billion ▲ +41 days
2014 393 days Rs28.32 Billion Rs72.04 Million/day Rs- Rs1.76 Billion ▲ +144 days
2013 249 days Rs20.50 Billion Rs82.38 Million/day Rs- Rs- ▲ +8 days
2012 241 days Rs20.60 Billion Rs85.49 Million/day Rs- Rs1.50 Million ▼ -66 days
2011 307 days Rs18.68 Billion Rs60.83 Million/day Rs- Rs- ▼ -184 days
2010 491 days Rs15.99 Billion Rs32.58 Million/day Rs- Rs- ▲ +150 days
2009 341 days Rs12.44 Billion Rs36.52 Million/day Rs- Rs- ▼ -109 days
2008 449 days Rs9.20 Billion Rs20.47 Million/day Rs- Rs- ▼ -35 days
2007 484 days Rs5.60 Billion Rs11.57 Million/day Rs- Rs- ▲ +199 days
2006 285 days Rs3.11 Billion Rs10.91 Million/day Rs- Rs- ▼ -116 days
2005 401 days Rs3.44 Billion Rs8.58 Million/day Rs- Rs- ▲ +133 days
2004 268 days Rs2.28 Billion Rs8.48 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)