MM Forgings Limited (MMFL) — Defensive Interval Ratio

Latest as of September 2025: 179 days

MM Forgings Limited (MMFL) has a Defensive Interval Ratio of 179 days as of September 2025. Defensive assets of Rs3.93 Billion (cash Rs-, short-term investments Rs9.28 Million, receivables Rs3.92 Billion) cover 179 days of daily cash needs of Rs21.99 Million/day. Check MM Forgings Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

179 days
Days of operational coverage

Defensive Assets

Rs3.93 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs21.99 Million
Current Liabilities ÷ 365

Current Liabilities

Rs8.03 Billion
INR

MM Forgings Limited Defensive Interval Ratio (2006–2025)

This chart shows how MM Forgings Limited's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 179 days, meaning defensive assets of Rs3.93 Billion can fund 179 days of operations without new revenue. Also explore MMFL net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MM Forgings Limited (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for MM Forgings Limited from 2006 to 2025, covering 20 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 MMFL market cap.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 172 days Rs3.73 Billion Rs21.69 Million/day Rs- Rs7.32 Million ▲ +37 days
2024 136 days Rs2.76 Billion Rs20.35 Million/day Rs- Rs5.42 Million ▲ +16 days
2023 119 days Rs2.03 Billion Rs17.06 Million/day Rs- Rs-56.16 Million ▼ -25 days
2022 144 days Rs1.85 Billion Rs12.86 Million/day Rs- Rs5.37 Million ▲ +23 days
2021 121 days Rs1.45 Billion Rs11.91 Million/day Rs- Rs10.37 Million ▲ +65 days
2020 57 days Rs483.25 Million Rs8.52 Million/day Rs- Rs10.29 Million ▼ -47 days
2019 104 days Rs1.02 Billion Rs9.85 Million/day Rs- Rs100.00 Million ▲ +24 days
2018 80 days Rs594.02 Million Rs7.47 Million/day Rs- Rs-50.12 Million ▼ -306 days
2017 385 days Rs1.54 Billion Rs4.00 Million/day Rs1.21 Billion Rs-52.98 Million ▲ +279 days
2016 106 days Rs422.41 Million Rs3.99 Million/day Rs- Rs-2.40 Million ▲ +22 days
2015 84 days Rs321.07 Million Rs3.82 Million/day Rs- Rs- ▼ -1 days
2014 85 days Rs313.11 Million Rs3.70 Million/day Rs- Rs2.00K ▼ -50 days
2013 135 days Rs509.14 Million Rs3.77 Million/day Rs- Rs5.38 Million ▼ -55 days
2012 190 days Rs499.03 Million Rs2.62 Million/day Rs- Rs- ▼ -786 days
2011 977 days Rs646.69 Million Rs662.02K/day Rs- Rs- ▼ -25 days
2010 1002 days Rs462.67 Million Rs461.87K/day Rs- Rs- ▼ -232 days
2009 1233 days Rs348.23 Million Rs282.34K/day Rs- Rs- ▲ +724 days
2008 509 days Rs312.10 Million Rs613.32K/day Rs- Rs- ▲ +11 days
2007 498 days Rs200.27 Million Rs402.05K/day Rs- Rs- ▼ -162 days
2006 660 days Rs323.50 Million Rs489.84K/day Rs- Rs478.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)