Power Grid Corporation of India Limited (POWERGRID) — Defensive Interval Ratio
Power Grid Corporation of India Limited (POWERGRID) has a Defensive Interval Ratio of 82 days as of March 2026. Defensive assets of Rs120.63 Billion (cash Rs-, short-term investments Rs2.51 Billion, receivables Rs118.12 Billion) cover 82 days of daily cash needs of Rs1.47 Billion/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Power Grid Corporation of India Limited Defensive Interval Ratio (2003–2026)
This chart shows how Power Grid Corporation of India Limited's Defensive Interval Ratio has evolved across 24 annual periods from 2003 to 2026. As of March 2026, the ratio stands at 82 days, meaning defensive assets of Rs120.63 Billion can fund 82 days of operations without new revenue. For the complete balance sheet picture, see POWERGRID asset base.
Annual Defensive Interval Ratio for Power Grid Corporation of India Limited (2003–2026)
The table below presents the year-by-year Defensive Interval Ratio for Power Grid Corporation of India Limited from 2003 to 2026, covering 24 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 Power Grid Corporation of India Limited short-term liquidity 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 | 82 days | Rs120.63 Billion | Rs1.47 Billion/day | Rs- | Rs2.51 Billion | ▼ -131 days |
| 2025 | 213 days | Rs235.23 Billion | Rs1.10 Billion/day | Rs- | Rs154.25 Billion | ▲ +5 days |
| 2024 | 208 days | Rs196.56 Billion | Rs943.04 Million/day | Rs- | Rs32.15 Billion | ▼ -81 days |
| 2023 | 290 days | Rs238.50 Billion | Rs823.70 Million/day | Rs33.18 Billion | Rs45.77 Billion | ▲ +90 days |
| 2022 | 200 days | Rs193.03 Billion | Rs967.53 Million/day | Rs17.81 Billion | Rs24.42 Billion | ▲ +5 days |
| 2021 | 195 days | Rs162.82 Billion | Rs837.08 Million/day | Rs44.87 Billion | Rs7.19 Billion | ▲ +51 days |
| 2020 | 143 days | Rs160.97 Billion | Rs1.12 Billion/day | Rs42.58 Billion | Rs9.59 Billion | ▲ +13 days |
| 2019 | 130 days | Rs150.22 Billion | Rs1.15 Billion/day | Rs32.65 Billion | Rs11.38 Billion | ▲ +15 days |
| 2018 | 116 days | Rs104.68 Billion | Rs906.12 Million/day | Rs10.14 Billion | Rs12.90 Billion | ▼ -4 days |
| 2017 | 120 days | Rs98.87 Billion | Rs826.05 Million/day | Rs33.54 Billion | Rs7.54 Billion | ▲ +53 days |
| 2016 | 66 days | Rs59.34 Billion | Rs892.76 Million/day | Rs- | Rs252.70 Million | ▲ +3 days |
| 2015 | 63 days | Rs47.68 Billion | Rs756.24 Million/day | Rs- | Rs2.00 Billion | ▲ +4 days |
| 2014 | 59 days | Rs39.80 Billion | Rs672.48 Million/day | Rs- | Rs2.17 Billion | ▼ -14 days |
| 2013 | 73 days | Rs38.92 Billion | Rs533.40 Million/day | Rs- | Rs1.96 Billion | ▲ +17 days |
| 2012 | 56 days | Rs21.99 Billion | Rs389.57 Million/day | Rs- | Rs2.00 Billion | ▲ +25 days |
| 2011 | 32 days | Rs9.61 Billion | Rs304.16 Million/day | Rs- | Rs- | ▼ -144 days |
| 2010 | 176 days | Rs48.60 Billion | Rs276.52 Million/day | Rs- | Rs- | ▼ -99 days |
| 2009 | 275 days | Rs46.13 Billion | Rs167.76 Million/day | Rs- | Rs- | ▲ +101 days |
| 2008 | 174 days | Rs23.97 Billion | Rs137.67 Million/day | Rs- | Rs- | ▲ +69 days |
| 2007 | 105 days | Rs13.95 Billion | Rs132.48 Million/day | Rs- | Rs- | ▼ -75 days |
| 2006 | 180 days | Rs17.99 Billion | Rs99.77 Million/day | Rs- | Rs- | ▼ -59 days |
| 2005 | 239 days | Rs16.88 Billion | Rs70.52 Million/day | Rs- | Rs- | ▼ -32 days |
| 2004 | 271 days | Rs18.09 Billion | Rs66.74 Million/day | Rs- | Rs- | ▼ -60 days |
| 2003 | 331 days | Rs15.43 Billion | Rs46.58 Million/day | Rs- | Rs- | — |