MRF Limited (MRF) — Defensive Interval Ratio
MRF Limited (MRF) has a Defensive Interval Ratio of 268 days as of March 2026. Defensive assets of Rs66.02 Billion (cash Rs-, short-term investments Rs30.57 Billion, receivables Rs35.45 Billion) cover 268 days of daily cash needs of Rs246.75 Million/day. Check MRF Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MRF Limited Defensive Interval Ratio (2004–2026)
This chart shows how MRF Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 268 days, meaning defensive assets of Rs66.02 Billion can fund 268 days of operations without new revenue. Also explore MRF year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for MRF Limited (2004–2026)
The table below presents the year-by-year Defensive Interval Ratio for MRF Limited from 2004 to 2026, covering 22 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 market value of MRF Limited.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 268 days | Rs66.02 Billion | Rs246.75 Million/day | Rs- | Rs30.57 Billion | ▼ -22 days |
| 2025 | 290 days | Rs71.13 Billion | Rs245.47 Million/day | Rs1.80 Billion | Rs35.57 Billion | ▲ +24 days |
| 2024 | 266 days | Rs56.11 Billion | Rs211.23 Million/day | Rs153.10 Million | Rs24.43 Billion | ▲ +26 days |
| 2023 | 239 days | Rs49.16 Billion | Rs205.35 Million/day | Rs2.58 Billion | Rs19.75 Billion | ▼ -58 days |
| 2022 | 297 days | Rs56.70 Billion | Rs190.60 Million/day | Rs140.90 Million | Rs31.21 Billion | ▼ -50 days |
| 2021 | 348 days | Rs69.27 Billion | Rs199.11 Million/day | Rs369.30 Million | Rs47.44 Billion | ▼ -10 days |
| 2020 | 358 days | Rs51.56 Billion | Rs143.90 Million/day | Rs11.77 Billion | Rs15.14 Billion | ▲ +3 days |
| 2019 | 355 days | Rs53.17 Billion | Rs149.71 Million/day | Rs- | Rs27.98 Billion | ▼ -75 days |
| 2018 | 430 days | Rs54.08 Billion | Rs125.75 Million/day | Rs- | Rs31.12 Billion | ▲ +64 days |
| 2017 | 366 days | Rs45.14 Billion | Rs123.34 Million/day | Rs- | Rs24.16 Billion | ▼ -14 days |
| 2016 | 380 days | Rs41.89 Billion | Rs110.38 Million/day | Rs- | Rs21.16 Billion | ▼ -7 days |
| 2014 | 387 days | Rs27.79 Billion | Rs71.87 Million/day | Rs- | Rs9.52 Billion | ▲ +10 days |
| 2013 | 377 days | Rs24.03 Billion | Rs63.82 Million/day | Rs- | Rs8.28 Billion | ▲ +29 days |
| 2012 | 348 days | Rs19.82 Billion | Rs57.01 Million/day | Rs- | Rs3.58 Billion | ▲ +13 days |
| 2011 | 334 days | Rs14.69 Billion | Rs43.91 Million/day | Rs- | Rs- | ▼ -2 days |
| 2010 | 337 days | Rs8.89 Billion | Rs26.42 Million/day | Rs- | Rs- | ▲ +21 days |
| 2009 | 316 days | Rs6.36 Billion | Rs20.14 Million/day | Rs- | Rs- | ▲ +73 days |
| 2008 | 242 days | Rs6.61 Billion | Rs27.28 Million/day | Rs- | Rs- | ▼ -64 days |
| 2007 | 306 days | Rs5.84 Billion | Rs19.08 Million/day | Rs- | Rs- | ▼ -89 days |
| 2006 | 395 days | Rs5.51 Billion | Rs13.96 Million/day | Rs- | Rs- | ▼ -48 days |
| 2005 | 442 days | Rs5.02 Billion | Rs11.35 Million/day | Rs- | Rs- | ▲ +185 days |
| 2004 | 258 days | Rs4.34 Billion | Rs16.82 Million/day | Rs- | Rs1.20 Million | — |