National Fertilizers Limited (NFL) — Defensive Interval Ratio

Latest as of March 2026: 273 days

National Fertilizers Limited (NFL) has a Defensive Interval Ratio of 273 days as of March 2026. Defensive assets of Rs55.23 Billion (cash Rs-, short-term investments Rs1.05 Billion, receivables Rs54.18 Billion) cover 273 days of daily cash needs of Rs202.18 Million/day.

Defensive Interval Ratio

273 days
Days of operational coverage

Defensive Assets

Rs55.23 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs202.18 Million
Current Liabilities ÷ 365

Current Liabilities

Rs73.80 Billion
INR

National Fertilizers Limited Defensive Interval Ratio (2005–2026)

This chart shows how National Fertilizers Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 273 days, meaning defensive assets of Rs55.23 Billion can fund 273 days of operations without new revenue. For the complete balance sheet picture, see total assets of National Fertilizers Limited.

Annual Defensive Interval Ratio for National Fertilizers Limited (2005–2026)

The table below presents the year-by-year Defensive Interval Ratio for National Fertilizers Limited from 2005 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. See NFL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 273 days Rs55.23 Billion Rs202.18 Million/day Rs- Rs1.05 Billion ▲ +20 days
2025 253 days Rs34.08 Billion Rs134.49 Million/day Rs- Rs1.24 Billion ▲ +26 days
2024 227 days Rs42.15 Billion Rs185.74 Million/day Rs- Rs213.90 Million ▲ +25 days
2023 202 days Rs40.97 Billion Rs203.11 Million/day Rs- Rs-217.70 Million ▲ +19 days
2022 183 days Rs28.09 Billion Rs153.88 Million/day Rs- Rs900.00K ▼ -119 days
2021 302 days Rs26.96 Billion Rs89.33 Million/day Rs- Rs618.20 Million ▼ -12 days
2020 314 days Rs81.78 Billion Rs260.40 Million/day Rs- Rs-161.90 Million ▼ -1 days
2019 315 days Rs73.59 Billion Rs233.77 Million/day Rs- Rs2.03 Billion ▼ -19 days
2018 334 days Rs41.27 Billion Rs123.67 Million/day Rs- Rs2.02 Billion ▼ -58 days
2017 391 days Rs55.37 Billion Rs141.46 Million/day Rs- Rs6.69 Billion ▲ +79 days
2016 313 days Rs52.09 Billion Rs166.60 Million/day Rs- Rs11.40 Million ▲ +27 days
2015 285 days Rs51.50 Billion Rs180.50 Million/day Rs- Rs-307.30 Million ▼ -7 days
2014 293 days Rs47.12 Billion Rs160.95 Million/day Rs- Rs-467.00 Million ▼ -28 days
2013 320 days Rs32.73 Billion Rs102.18 Million/day Rs- Rs- ▲ +9 days
2012 311 days Rs23.70 Billion Rs76.19 Million/day Rs- Rs- ▼ -184 days
2011 495 days Rs16.97 Billion Rs34.26 Million/day Rs- Rs1.21 Billion ▲ +438 days
2010 58 days Rs1.26 Billion Rs21.85 Million/day Rs- Rs1.26 Billion ▲ +2 days
2009 56 days Rs1.35 Billion Rs24.29 Million/day Rs- Rs1.31 Billion ▲ +1 days
2008 55 days Rs1.24 Billion Rs22.57 Million/day Rs- Rs1.16 Billion ▼ -648 days
2007 702 days Rs13.31 Billion Rs18.96 Million/day Rs- Rs1.26 Billion ▲ +158 days
2006 544 days Rs8.24 Billion Rs15.14 Million/day Rs- Rs- ▲ +316 days
2005 229 days Rs5.91 Billion Rs25.84 Million/day Rs- Rs1.20 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)