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

Latest as of March 2026: 280 days

Prince Pipes And Fittings Limited (PRINCEPIPE) has a Defensive Interval Ratio of 280 days as of March 2026. Defensive assets of Rs5.12 Billion (cash Rs-, short-term investments Rs1.48 Billion, receivables Rs3.64 Billion) cover 280 days of daily cash needs of Rs18.25 Million/day.

Defensive Interval Ratio

280 days
Days of operational coverage

Defensive Assets

Rs5.12 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs18.25 Million
Current Liabilities ÷ 365

Current Liabilities

Rs6.66 Billion
INR

Prince Pipes And Fittings Limited Defensive Interval Ratio (2013–2026)

This chart shows how Prince Pipes And Fittings Limited's Defensive Interval Ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 280 days, meaning defensive assets of Rs5.12 Billion can fund 280 days of operations without new revenue. For the complete balance sheet picture, see how large is Prince Pipes And Fittings Limited's balance sheet.

Annual Defensive Interval Ratio for Prince Pipes And Fittings Limited (2013–2026)

The table below presents the year-by-year Defensive Interval Ratio for Prince Pipes And Fittings Limited from 2013 to 2026, covering 14 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 Prince Pipes And Fittings Limited working capital to net assets 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 280 days Rs5.12 Billion Rs18.25 Million/day Rs- Rs1.48 Billion ▲ +10 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)