Manaksia Steels Limited (MANAKSTEEL) — Defensive Interval Ratio

Latest as of March 2026: 191 days

Manaksia Steels Limited (MANAKSTEEL) has a Defensive Interval Ratio of 191 days as of March 2026. Defensive assets of Rs1.33 Billion (cash Rs-, short-term investments Rs686.46 Million, receivables Rs644.87 Million) cover 191 days of daily cash needs of Rs6.98 Million/day.

Defensive Interval Ratio

191 days
Days of operational coverage

Defensive Assets

Rs1.33 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs6.98 Million
Current Liabilities ÷ 365

Current Liabilities

Rs2.55 Billion
INR

Manaksia Steels Limited Defensive Interval Ratio (2014–2026)

This chart shows how Manaksia Steels Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 191 days, meaning defensive assets of Rs1.33 Billion can fund 191 days of operations without new revenue. For the complete balance sheet picture, see Manaksia Steels Limited balance sheet assets.

Annual Defensive Interval Ratio for Manaksia Steels Limited (2014–2026)

The table below presents the year-by-year Defensive Interval Ratio for Manaksia Steels Limited from 2014 to 2026, covering 13 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 Manaksia Steels Limited current assets vs equity 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 191 days Rs1.33 Billion Rs6.98 Million/day Rs- Rs686.46 Million ▼ -95 days
2025 286 days Rs1.86 Billion Rs6.50 Million/day Rs203.96 Million Rs1.27 Billion ▼ -79 days
2024 364 days Rs2.09 Billion Rs5.75 Million/day Rs143.92 Million Rs1.67 Billion ▼ -31 days
2023 395 days Rs1.32 Billion Rs3.34 Million/day Rs35.20 Million Rs1.01 Billion ▲ +255 days
2022 140 days Rs299.70 Million Rs2.14 Million/day Rs- Rs500.00K ▲ +70 days
2021 70 days Rs232.11 Million Rs3.32 Million/day Rs- Rs38.47 Million ▼ -19 days
2020 89 days Rs509.08 Million Rs5.74 Million/day Rs- Rs27.85 Million ▼ -156 days
2019 245 days Rs987.60 Million Rs4.03 Million/day Rs- Rs161.50 Million ▼ -9 days
2018 254 days Rs1.37 Billion Rs5.38 Million/day Rs227.13 Million Rs189.90 Million ▼ -249 days
2017 503 days Rs1.22 Billion Rs2.43 Million/day Rs285.03 Million Rs- ▲ +131 days
2016 372 days Rs911.44 Million Rs2.45 Million/day Rs- Rs- ▲ +86 days
2015 285 days Rs570.28 Million Rs2.00 Million/day Rs- Rs- ▲ +140 days
2014 145 days Rs754.65 Million Rs5.21 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)