Rail Vikas Nigam Limited (RVNL) — Defensive Interval Ratio
Rail Vikas Nigam Limited (RVNL) has a Defensive Interval Ratio of 539 days as of September 2025. Defensive assets of Rs80.33 Billion (cash Rs18.88 Billion, short-term investments Rs46.13 Billion, receivables Rs15.31 Billion) cover 539 days of daily cash needs of Rs149.10 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Rail Vikas Nigam Limited Defensive Interval Ratio (2013–2025)
This chart shows how Rail Vikas Nigam Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 539 days, meaning defensive assets of Rs80.33 Billion can fund 539 days of operations without new revenue. For the complete balance sheet picture, see Rail Vikas Nigam Limited assets under control.
Annual Defensive Interval Ratio for Rail Vikas Nigam Limited (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Rail Vikas Nigam 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. See Rail Vikas Nigam Limited short-term liquidity ratio 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) |
|---|---|---|---|---|---|---|
| 2025 | 265 days | Rs41.09 Billion | Rs154.86 Million/day | Rs16.82 Billion | Rs4.42 Billion | ▼ -20 days |
| 2024 | 285 days | Rs35.81 Billion | Rs125.46 Million/day | Rs1.51 Billion | Rs413.80 Million | ▼ -37 days |
| 2023 | 323 days | Rs39.27 Billion | Rs121.70 Million/day | Rs147.00 Million | Rs147.00 Million | ▼ -191 days |
| 2022 | 514 days | Rs99.97 Billion | Rs194.60 Million/day | Rs45.41 Billion | Rs11.36 Billion | ▼ -388 days |
| 2021 | 902 days | Rs61.99 Billion | Rs68.73 Million/day | Rs927.90 Million | Rs3.88 Billion | ▲ +38 days |
| 2020 | 864 days | Rs63.82 Billion | Rs73.89 Million/day | Rs- | Rs7.08 Billion | ▲ +403 days |
| 2019 | 461 days | Rs55.27 Billion | Rs119.85 Million/day | Rs- | Rs6.58 Billion | ▼ -204 days |
| 2018 | 665 days | Rs35.71 Billion | Rs53.72 Million/day | Rs14.03 Billion | Rs10.60 Billion | ▲ +73 days |
| 2017 | 592 days | Rs46.34 Billion | Rs78.27 Million/day | Rs27.05 Billion | Rs14.50 Billion | ▲ +536 days |
| 2016 | 56 days | Rs24.80 Billion | Rs442.79 Million/day | Rs- | Rs16.55 Billion | ▲ +22 days |
| 2015 | 34 days | Rs9.91 Billion | Rs289.20 Million/day | Rs- | Rs4.85 Billion | ▲ +69 days |
| 2014 | -35 days | Rs-7.90 Billion | Rs226.01 Million/day | Rs- | Rs-10.89 Billion | ▼ -31 days |
| 2013 | -4 days | Rs-824.17 Million | Rs187.95 Million/day | Rs- | Rs-4.53 Billion | — |