MRF Limited (MRF) — Defensive Interval Ratio

Latest as of March 2026: 268 days

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. See working capital position of MRF Limited to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

268 days
Days of operational coverage

Defensive Assets

Rs66.02 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs246.75 Million
Current Liabilities ÷ 365

Current Liabilities

Rs90.06 Billion
INR

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. See MRF Limited balance sheet quality to measure how much of total assets are equity-financed.

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 MRF market cap overview.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)