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. See Max India Limited short-term liquidity ratio to evaluate short-term liquidity relative to 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. See Max India Limited balance sheet independence to measure how much of total assets are equity-financed.
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 MAXIND company net worth.
| 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 | — |