Max India Limited (MAXIND) — Defensive Interval Ratio
Max India Limited (MAXIND) has a Defensive Interval Ratio of 365 days as of September 2025. Defensive assets of Rs2.69 Billion (cash Rs-, short-term investments Rs1.44 Billion, receivables Rs1.25 Billion) cover 365 days of daily cash needs of Rs7.37 Million/day. Check MAXIND tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Max India Limited Defensive Interval Ratio (2016–2025)
This chart shows how Max India Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of September 2025, the ratio stands at 365 days, meaning defensive assets of Rs2.69 Billion can fund 365 days of operations without new revenue. Also explore net asset growth rate of Max India Limited to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Max India Limited (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Max India Limited from 2016 to 2025, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Max India Limited market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 124 days | Rs560.80 Million | Rs4.53 Million/day | Rs- | Rs337.20 Million | ▼ -365 days |
| 2024 | 489 days | Rs1.86 Billion | Rs3.80 Million/day | Rs- | Rs1.81 Billion | ▼ -197 days |
| 2023 | 687 days | Rs3.04 Billion | Rs4.42 Million/day | Rs- | Rs2.97 Billion | ▼ -250 days |
| 2022 | 937 days | Rs3.93 Billion | Rs4.20 Million/day | Rs- | Rs3.85 Billion | ▲ +227 days |
| 2021 | 710 days | Rs4.40 Billion | Rs6.19 Million/day | Rs- | Rs4.23 Billion | ▼ -246 days |
| 2020 | 956 days | Rs4.23 Billion | Rs4.43 Million/day | Rs- | Rs4.23 Billion | ▲ +926 days |
| 2019 | 29 days | Rs687.29 Million | Rs23.51 Million/day | Rs- | Rs370.56 Million | ▼ -224 days |
| 2018 | 254 days | Rs4.87 Billion | Rs19.18 Million/day | Rs- | Rs3.79 Billion | ▼ -34 days |
| 2017 | 288 days | Rs6.19 Billion | Rs21.49 Million/day | Rs- | Rs5.57 Billion | ▲ +15 days |
| 2016 | 273 days | Rs4.93 Billion | Rs18.08 Million/day | Rs- | Rs3.75 Billion | — |