Power Grid Corporation of India Limited (POWERGRID) — Defensive Interval Ratio

Latest as of September 2025: 203 days

Power Grid Corporation of India Limited (POWERGRID) has a Defensive Interval Ratio of 203 days as of September 2025. Defensive assets of Rs195.38 Billion (cash Rs88.26 Billion, short-term investments Rs8.10 Billion, receivables Rs99.02 Billion) cover 203 days of daily cash needs of Rs964.59 Million/day. Check tangible net worth ratio of Power Grid Corporation of India Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

203 days
Days of operational coverage

Defensive Assets

Rs195.38 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs964.59 Million
Current Liabilities ÷ 365

Current Liabilities

Rs352.07 Billion
INR

Power Grid Corporation of India Limited Defensive Interval Ratio (2003–2025)

This chart shows how Power Grid Corporation of India Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of September 2025, the ratio stands at 203 days, meaning defensive assets of Rs195.38 Billion can fund 203 days of operations without new revenue. Also explore Power Grid Corporation of India Limited (POWERGRID) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Power Grid Corporation of India Limited (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Power Grid Corporation of India Limited from 2003 to 2025, covering 23 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 Power Grid Corporation of India Limited (POWERGRID) total market value.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 130 days Rs143.47 Billion Rs1.10 Billion/day Rs- Rs62.49 Billion ▼ -78 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- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)