Prince Pipes And Fittings Limited (PRINCEPIPE) — Defensive Interval Ratio

Latest as of September 2025: 346 days

Prince Pipes And Fittings Limited (PRINCEPIPE) has a Defensive Interval Ratio of 346 days as of September 2025. Defensive assets of Rs4.73 Billion (cash Rs386.47 Million, short-term investments Rs969.81 Million, receivables Rs3.37 Billion) cover 346 days of daily cash needs of Rs13.68 Million/day. Check Prince Pipes And Fittings Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

346 days
Days of operational coverage

Defensive Assets

Rs4.73 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs13.68 Million
Current Liabilities ÷ 365

Current Liabilities

Rs4.99 Billion
INR

Prince Pipes And Fittings Limited Defensive Interval Ratio (2013–2025)

This chart shows how Prince Pipes And Fittings Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 346 days, meaning defensive assets of Rs4.73 Billion can fund 346 days of operations without new revenue. Also explore PRINCEPIPE year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Prince Pipes And Fittings Limited (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Prince Pipes And Fittings Limited from 2013 to 2025, 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. For live market cap and the full company financial profile, see PRINCEPIPE market cap.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2025 270 days Rs4.50 Billion Rs16.63 Million/day Rs- Rs266.67 Million ▼ -174 days
2024 445 days Rs6.25 Billion Rs14.06 Million/day Rs- Rs394.36 Million ▲ +97 days
2023 348 days Rs5.09 Billion Rs14.64 Million/day Rs- Rs916.96 Million ▲ +79 days
2022 268 days Rs4.77 Billion Rs17.78 Million/day Rs- Rs351.30 Million ▼ -34 days
2021 302 days Rs4.25 Billion Rs14.06 Million/day Rs- Rs899.99 Million ▼ -23 days
2020 325 days Rs4.38 Billion Rs13.45 Million/day Rs- Rs2.45 Billion ▲ +123 days
2019 203 days Rs2.73 Billion Rs13.48 Million/day Rs- Rs134.25 Million ▲ +11 days
2018 192 days Rs2.49 Billion Rs13.01 Million/day Rs- Rs93.98 Million ▼ -47 days
2017 239 days Rs2.49 Billion Rs10.42 Million/day Rs- Rs96.50 Million ▼ -21 days
2016 260 days Rs2.49 Billion Rs9.58 Million/day Rs- Rs95.21 Million ▲ +25 days
2015 235 days Rs2.19 Billion Rs9.30 Million/day Rs- Rs60.02 Million ▲ +10 days
2014 225 days Rs2.10 Billion Rs9.32 Million/day Rs- Rs54.63 Million ▲ +30 days
2013 195 days Rs1.73 Billion Rs8.84 Million/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)