Madras Fertilizers Limited (MADRASFERT) — Defensive Interval Ratio

Latest as of September 2025: 124 days

Madras Fertilizers Limited (MADRASFERT) has a Defensive Interval Ratio of 124 days as of September 2025. Defensive assets of Rs6.52 Billion (cash Rs1.88 Billion, short-term investments Rs4.57 Billion, receivables Rs72.70 Million) cover 124 days of daily cash needs of Rs52.75 Million/day.

Defensive Interval Ratio

124 days
Days of operational coverage

Defensive Assets

Rs6.52 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs52.75 Million
Current Liabilities ÷ 365

Current Liabilities

Rs19.25 Billion
INR

Madras Fertilizers Limited Defensive Interval Ratio (2007–2025)

This chart shows how Madras Fertilizers Limited's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of September 2025, the ratio stands at 124 days, meaning defensive assets of Rs6.52 Billion can fund 124 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Madras Fertilizers Limited.

Annual Defensive Interval Ratio for Madras Fertilizers Limited (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Madras Fertilizers Limited from 2007 to 2025, covering 19 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 how liquid is Madras Fertilizers Limited's working capital 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)
2025 161 days Rs9.41 Billion Rs58.57 Million/day Rs5.19 Billion Rs289.30 Million ▲ +0 days
2024 160 days Rs8.97 Billion Rs55.92 Million/day Rs5.51 Billion Rs28.90 Million ▼ -5 days
2023 166 days Rs9.16 Billion Rs55.30 Million/day Rs3.69 Billion Rs366.40 Million ▲ +8 days
2022 157 days Rs10.03 Billion Rs63.74 Million/day Rs318.10 Million Rs247.80 Million ▲ +144 days
2021 13 days Rs660.40 Million Rs49.81 Million/day Rs297.90 Million Rs348.10 Million ▼ -117 days
2020 130 days Rs7.30 Billion Rs56.21 Million/day Rs- Rs1.03 Billion ▼ -10 days
2019 140 days Rs7.74 Billion Rs55.45 Million/day Rs- Rs367.50 Million ▼ -21 days
2018 161 days Rs8.51 Billion Rs52.91 Million/day Rs900.00K Rs271.20 Million ▲ +161 days
2017 0 days Rs12.20 Million Rs41.22 Million/day Rs1.70 Million Rs22.30 Million ▼ -6 days
2016 7 days Rs292.90 Million Rs43.84 Million/day Rs- Rs-900.00K ▲ +2 days
2015 5 days Rs194.50 Million Rs40.68 Million/day Rs- Rs- ▲ +2 days
2014 3 days Rs127.30 Million Rs46.42 Million/day Rs- Rs- ▼ -5 days
2013 8 days Rs197.40 Million Rs25.72 Million/day Rs- Rs- ▲ +1 days
2012 7 days Rs60.60 Million Rs9.27 Million/day Rs- Rs- ▼ -2 days
2011 9 days Rs98.00 Million Rs11.12 Million/day Rs- Rs-10.50 Million ▼ -134 days
2010 143 days Rs1.43 Billion Rs9.97 Million/day Rs- Rs- ▲ +29 days
2009 114 days Rs1.15 Billion Rs10.01 Million/day Rs- Rs- ▼ -22 days
2008 137 days Rs1.47 Billion Rs10.74 Million/day Rs- Rs- ▲ +29 days
2007 108 days Rs1.06 Billion Rs9.78 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)