Mahamaya Steel Industries Limited (MAHASTEEL) — Defensive Interval Ratio

Latest as of March 2026: 73 days

Mahamaya Steel Industries Limited (MAHASTEEL) has a Defensive Interval Ratio of 73 days as of March 2026. Defensive assets of Rs193.02 Million (cash Rs-, short-term investments Rs2.00 Million, receivables Rs191.02 Million) cover 73 days of daily cash needs of Rs2.66 Million/day.

Defensive Interval Ratio

73 days
Days of operational coverage

Defensive Assets

Rs193.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

Rs2.66 Million
Current Liabilities ÷ 365

Current Liabilities

Rs970.99 Million
INR

Mahamaya Steel Industries Limited Defensive Interval Ratio (2009–2026)

This chart shows how Mahamaya Steel Industries Limited's Defensive Interval Ratio has evolved across 18 annual periods from 2009 to 2026. As of March 2026, the ratio stands at 73 days, meaning defensive assets of Rs193.02 Million can fund 73 days of operations without new revenue. For the complete balance sheet picture, see how large is Mahamaya Steel Industries Limited's balance sheet.

Annual Defensive Interval Ratio for Mahamaya Steel Industries Limited (2009–2026)

The table below presents the year-by-year Defensive Interval Ratio for Mahamaya Steel Industries Limited from 2009 to 2026, covering 18 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 MAHASTEEL 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 73 days Rs193.02 Million Rs2.66 Million/day Rs- Rs2.00 Million ▼ -43 days
2025 116 days Rs249.97 Million Rs2.16 Million/day Rs- Rs1.89 Million ▲ +28 days
2024 88 days Rs157.51 Million Rs1.79 Million/day Rs- Rs1.78 Million ▼ -24 days
2023 112 days Rs183.24 Million Rs1.63 Million/day Rs- Rs1.68 Million ▼ -90 days
2022 202 days Rs235.16 Million Rs1.16 Million/day Rs- Rs20.20 Million ▼ -4 days
2021 206 days Rs408.86 Million Rs1.98 Million/day Rs- Rs20.15 Million ▲ +109 days
2020 97 days Rs196.46 Million Rs2.03 Million/day Rs- Rs23.48 Million ▲ +14 days
2019 83 days Rs214.90 Million Rs2.60 Million/day Rs- Rs42.07 Million ▼ -152 days
2018 235 days Rs596.58 Million Rs2.54 Million/day Rs51.02 Million Rs40.84 Million ▼ -11 days
2017 246 days Rs514.53 Million Rs2.09 Million/day Rs42.40 Million Rs39.74 Million ▲ +27 days
2016 220 days Rs512.59 Million Rs2.34 Million/day Rs- Rs52.69 Million ▲ +52 days
2015 168 days Rs383.31 Million Rs2.29 Million/day Rs- Rs- ▲ +85 days
2014 82 days Rs160.47 Million Rs1.95 Million/day Rs- Rs-100.00 Million ▼ -27 days
2013 109 days Rs252.72 Million Rs2.31 Million/day Rs- Rs-100.00 Million ▼ -108 days
2012 217 days Rs470.86 Million Rs2.17 Million/day Rs- Rs- ▼ -541 days
2011 758 days Rs494.02 Million Rs651.32K/day Rs- Rs- ▲ +90 days
2010 669 days Rs560.27 Million Rs837.87K/day Rs- Rs- ▼ -51 days
2009 719 days Rs373.92 Million Rs519.75K/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)