Popular Vehicles and Services Limited (PVSL) — Defensive Interval Ratio

Latest as of March 2026: 95 days

Popular Vehicles and Services Limited (PVSL) has a Defensive Interval Ratio of 95 days as of March 2026. Defensive assets of Rs2.73 Billion (cash Rs-, short-term investments Rs124.06 Million, receivables Rs2.61 Billion) cover 95 days of daily cash needs of Rs28.72 Million/day.

Defensive Interval Ratio

95 days
Days of operational coverage

Defensive Assets

Rs2.73 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs28.72 Million
Current Liabilities ÷ 365

Current Liabilities

Rs10.48 Billion
INR

Popular Vehicles and Services Limited Defensive Interval Ratio (2019–2026)

This chart shows how Popular Vehicles and Services Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 95 days, meaning defensive assets of Rs2.73 Billion can fund 95 days of operations without new revenue. For the complete balance sheet picture, see total assets of Popular Vehicles and Services Limited.

Annual Defensive Interval Ratio for Popular Vehicles and Services Limited (2019–2026)

The table below presents the year-by-year Defensive Interval Ratio for Popular Vehicles and Services Limited from 2019 to 2026, covering 7 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 how liquid is Popular Vehicles and Services Limited's working capital 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 95 days Rs2.73 Billion Rs28.72 Million/day Rs- Rs124.06 Million ▼ -24 days
2025 119 days Rs2.40 Billion Rs20.07 Million/day Rs- Rs130.42 Million ▼ -22 days
2024 141 days Rs3.14 Billion Rs22.27 Million/day Rs- Rs170.25 Million ▲ +18 days
2023 123 days Rs2.24 Billion Rs18.18 Million/day Rs- Rs2.24 Million ▼ -5 days
2022 129 days Rs1.84 Billion Rs14.31 Million/day Rs- Rs74.82 Million ▲ +2 days
2021 126 days Rs1.70 Billion Rs13.47 Million/day Rs- Rs46.36 Million ▼ -6 days
2019 132 days Rs2.63 Billion Rs19.86 Million/day Rs- Rs-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)