PPAP Automotive Limited (PPAP) — Defensive Interval Ratio
PPAP Automotive Limited (PPAP) has a Defensive Interval Ratio of 143 days as of September 2025. Defensive assets of Rs1.04 Billion (cash Rs66.31 Million, short-term investments Rs223.61 Million, receivables Rs745.33 Million) cover 143 days of daily cash needs of Rs7.26 Million/day. Check PPAP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
PPAP Automotive Limited Defensive Interval Ratio (2003–2025)
This chart shows how PPAP Automotive Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of September 2025, the ratio stands at 143 days, meaning defensive assets of Rs1.04 Billion can fund 143 days of operations without new revenue. Also explore PPAP year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for PPAP Automotive Limited (2003–2025)
The table below presents the year-by-year Defensive Interval Ratio for PPAP Automotive 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 PPAP Automotive Limited market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 144 days | Rs781.93 Million | Rs5.44 Million/day | Rs0.00 | Rs46.49 Million | ▼ -21 days |
| 2024 | 164 days | Rs815.24 Million | Rs4.96 Million/day | Rs0.00 | Rs88.57 Million | ▲ +3 days |
| 2023 | 162 days | Rs716.56 Million | Rs4.44 Million/day | Rs10.90 Million | Rs54.56 Million | ▼ -49 days |
| 2022 | 211 days | Rs598.19 Million | Rs2.84 Million/day | Rs- | Rs39.57 Million | ▼ -80 days |
| 2021 | 291 days | Rs626.41 Million | Rs2.15 Million/day | Rs- | Rs280.00K | ▲ +78 days |
| 2020 | 213 days | Rs433.04 Million | Rs2.03 Million/day | Rs- | Rs24.11 Million | ▼ -50 days |
| 2019 | 263 days | Rs652.45 Million | Rs2.48 Million/day | Rs4.26 Million | Rs26.21 Million | ▼ -11 days |
| 2018 | 274 days | Rs629.34 Million | Rs2.29 Million/day | Rs13.65 Million | Rs20.31 Million | ▼ -6 days |
| 2017 | 280 days | Rs561.33 Million | Rs2.00 Million/day | Rs21.50 Million | Rs25.11 Million | ▲ +50 days |
| 2016 | 231 days | Rs425.73 Million | Rs1.85 Million/day | Rs- | Rs17.76 Million | ▲ +22 days |
| 2015 | 209 days | Rs390.79 Million | Rs1.87 Million/day | Rs- | Rs- | ▲ +50 days |
| 2014 | 158 days | Rs326.13 Million | Rs2.06 Million/day | Rs- | Rs- | ▼ -187 days |
| 2013 | 346 days | Rs327.79 Million | Rs947.63K/day | Rs- | Rs- | ▼ -206 days |
| 2012 | 552 days | Rs359.94 Million | Rs651.75K/day | Rs- | Rs- | ▲ +314 days |
| 2011 | 239 days | Rs263.03 Million | Rs1.10 Million/day | Rs- | Rs- | ▼ -209 days |
| 2010 | 448 days | Rs348.77 Million | Rs779.01K/day | Rs- | Rs- | ▲ +184 days |
| 2009 | 264 days | Rs333.68 Million | Rs1.26 Million/day | Rs- | Rs- | ▼ -224 days |
| 2008 | 488 days | Rs320.08 Million | Rs655.99K/day | Rs- | Rs- | ▲ +107 days |
| 2007 | 381 days | Rs222.39 Million | Rs584.18K/day | Rs- | Rs- | ▲ +192 days |
| 2006 | 188 days | Rs150.57 Million | Rs799.98K/day | Rs- | Rs- | ▲ +15 days |
| 2005 | 173 days | Rs118.96 Million | Rs686.42K/day | Rs- | Rs- | ▼ -47 days |
| 2004 | 220 days | Rs92.17 Million | Rs418.96K/day | Rs- | Rs- | ▼ -83 days |
| 2003 | 303 days | Rs89.31 Million | Rs295.11K/day | Rs- | Rs- | — |