FSN E-Commerce Ventures Limited (NYKAA) — Defensive Interval Ratio

Latest as of March 2026: 99 days

FSN E-Commerce Ventures Limited (NYKAA) has a Defensive Interval Ratio of 99 days as of March 2026. Defensive assets of Rs7.44 Billion (cash Rs-, short-term investments Rs4.55 Billion, receivables Rs2.89 Billion) cover 99 days of daily cash needs of Rs75.57 Million/day. See NYKAA working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

99 days
Days of operational coverage

Defensive Assets

Rs7.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs75.57 Million
Current Liabilities ÷ 365

Current Liabilities

Rs27.58 Billion
INR

FSN E-Commerce Ventures Limited Defensive Interval Ratio (2019–2026)

This chart shows how FSN E-Commerce Ventures Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 99 days, meaning defensive assets of Rs7.44 Billion can fund 99 days of operations without new revenue. See FSN E-Commerce Ventures Limited balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for FSN E-Commerce Ventures Limited (2019–2026)

The table below presents the year-by-year Defensive Interval Ratio for FSN E-Commerce Ventures Limited from 2019 to 2026, covering 8 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 NYKAA stock market capitalisation.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 99 days Rs7.44 Billion Rs75.57 Million/day Rs- Rs4.55 Billion ▲ +29 days
2025 70 days Rs4.14 Billion Rs59.19 Million/day Rs- Rs1.67 Billion ▼ -20 days
2024 90 days Rs4.63 Billion Rs51.48 Million/day Rs- Rs1.50 Billion ▼ -60 days
2023 150 days Rs4.91 Billion Rs32.81 Million/day Rs- Rs2.28 Billion ▼ -143 days
2022 293 days Rs7.75 Billion Rs26.45 Million/day Rs- Rs5.91 Billion ▲ +160 days
2021 133 days Rs2.54 Billion Rs19.04 Million/day Rs- Rs1.61 Billion ▲ +21 days
2020 113 days Rs2.05 Billion Rs18.24 Million/day Rs- Rs737.09 Million ▼ -79 days
2019 192 days Rs2.45 Billion Rs12.76 Million/day Rs- Rs1.36 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)