Polycab India Limited (POLYCAB) — Defensive Interval Ratio
Polycab India Limited (POLYCAB) has a Defensive Interval Ratio of 329 days as of March 2026. Defensive assets of Rs71.75 Billion (cash Rs-, short-term investments Rs34.05 Billion, receivables Rs37.70 Billion) cover 329 days of daily cash needs of Rs218.23 Million/day. See Polycab India Limited current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Polycab India Limited Defensive Interval Ratio (2014–2026)
This chart shows how Polycab India Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 329 days, meaning defensive assets of Rs71.75 Billion can fund 329 days of operations without new revenue. See POLYCAB equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Polycab India Limited (2014–2026)
The table below presents the year-by-year Defensive Interval Ratio for Polycab India Limited from 2014 to 2026, covering 13 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 POLYCAB market cap overview.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 329 days | Rs71.75 Billion | Rs218.23 Million/day | Rs- | Rs34.05 Billion | ▼ -11 days |
| 2025 | 340 days | Rs32.65 Billion | Rs96.17 Million/day | Rs446.70 Million | Rs5.16 Billion | ▼ -71 days |
| 2024 | 411 days | Rs40.28 Billion | Rs98.02 Million/day | Rs50.00K | Rs19.27 Billion | ▼ -37 days |
| 2023 | 448 days | Rs32.24 Billion | Rs71.96 Million/day | Rs387.53 Million | Rs18.97 Billion | ▼ -55 days |
| 2022 | 503 days | Rs23.98 Billion | Rs47.71 Million/day | Rs167.04 Million | Rs10.49 Billion | ▲ +40 days |
| 2021 | 463 days | Rs25.56 Billion | Rs55.19 Million/day | Rs1.61 Billion | Rs9.17 Billion | ▲ +163 days |
| 2020 | 300 days | Rs16.49 Billion | Rs55.04 Million/day | Rs1.34 Billion | Rs490.47 Million | ▲ +98 days |
| 2019 | 202 days | Rs14.47 Billion | Rs71.75 Million/day | Rs494.50 Million | Rs375.00 Million | ▲ +202 days |
| 2018 | 0 days | Rs-14.17 Million | Rs50.62 Million/day | Rs0.00 | Rs24.10 Million | ▼ -194 days |
| 2017 | 193 days | Rs12.32 Billion | Rs63.73 Million/day | Rs37.49 Million | Rs67.17 Million | ▼ -65 days |
| 2016 | 258 days | Rs13.79 Billion | Rs53.42 Million/day | Rs- | Rs191.00 Million | ▲ +18 days |
| 2015 | 240 days | Rs10.87 Billion | Rs45.35 Million/day | Rs- | Rs- | ▼ -40 days |
| 2014 | 280 days | Rs9.58 Billion | Rs34.20 Million/day | Rs- | Rs- | — |