Polycab India Limited (POLYCAB) — Defensive Interval Ratio

Latest as of June 2026: 285 days

Polycab India Limited (POLYCAB) has a Defensive Interval Ratio of 285 days as of June 2026. Defensive assets of Rs68.75 Billion (cash Rs-, short-term investments Rs35.44 Billion, receivables Rs33.31 Billion) cover 285 days of daily cash needs of Rs240.87 Million/day.

Defensive Interval Ratio

285 days
Days of operational coverage

Defensive Assets

Rs68.75 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs240.87 Million
Current Liabilities ÷ 365

Current Liabilities

Rs87.92 Billion
INR

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 June 2026, the ratio stands at 285 days, meaning defensive assets of Rs68.75 Billion can fund 285 days of operations without new revenue. For the complete balance sheet picture, see Polycab India Limited assets under control.

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. See Polycab India Limited working capital to net assets 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 329 days Rs71.75 Billion Rs218.23 Million/day Rs- Rs34.05 Billion ▼ -202 days
2025 531 days Rs51.09 Billion Rs96.17 Million/day Rs446.70 Million Rs23.28 Billion ▲ +120 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- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)