Piramal Pharma Limited (PPLPHARMA) — Defensive Interval Ratio

Latest as of March 2026: 176 days

Piramal Pharma Limited (PPLPHARMA) has a Defensive Interval Ratio of 176 days as of March 2026. Defensive assets of Rs22.89 Billion (cash Rs-, short-term investments Rs1.32 Billion, receivables Rs21.58 Billion) cover 176 days of daily cash needs of Rs130.36 Million/day. Check PPLPHARMA tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

176 days
Days of operational coverage

Defensive Assets

Rs22.89 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs130.36 Million
Current Liabilities ÷ 365

Current Liabilities

Rs47.58 Billion
INR

Piramal Pharma Limited Defensive Interval Ratio (2021–2026)

This chart shows how Piramal Pharma Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2021 to 2026. As of March 2026, the ratio stands at 176 days, meaning defensive assets of Rs22.89 Billion can fund 176 days of operations without new revenue. Also explore PPLPHARMA shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Piramal Pharma Limited (2021–2026)

The table below presents the year-by-year Defensive Interval Ratio for Piramal Pharma Limited from 2021 to 2026, covering 6 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 Piramal Pharma Limited (PPLPHARMA) total market value.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 176 days Rs22.89 Billion Rs130.36 Million/day Rs- Rs1.32 Billion ▼ -54 days
2025 230 days Rs23.69 Billion Rs103.19 Million/day Rs- Rs195.60 Million ▲ +38 days
2024 192 days Rs22.95 Billion Rs119.71 Million/day Rs- Rs1.45 Billion ▲ +19 days
2023 172 days Rs18.14 Billion Rs105.29 Million/day Rs- Rs1.00 Million ▼ -54 days
2022 226 days Rs18.80 Billion Rs83.11 Million/day Rs- Rs543.20 Million ▼ -177 days
2021 403 days Rs16.24 Billion Rs40.32 Million/day Rs- Rs156.40 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)