Solar Industries India Limited (SOLARINDS) — Defensive Interval Ratio
Solar Industries India Limited (SOLARINDS) has a Defensive Interval Ratio of 315 days as of March 2026. Defensive assets of Rs21.14 Billion (cash Rs-, short-term investments Rs2.52 Billion, receivables Rs18.61 Billion) cover 315 days of daily cash needs of Rs67.09 Million/day. See SOLARINDS current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Solar Industries India Limited Defensive Interval Ratio (2005–2026)
This chart shows how Solar Industries India Limited's Defensive Interval Ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 315 days, meaning defensive assets of Rs21.14 Billion can fund 315 days of operations without new revenue. See SOLARINDS net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Solar Industries India Limited (2005–2026)
The table below presents the year-by-year Defensive Interval Ratio for Solar Industries India Limited from 2005 to 2026, covering 22 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 Solar Industries India Limited stock valuation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 315 days | Rs21.14 Billion | Rs67.09 Million/day | Rs- | Rs2.52 Billion | ▲ +9 days |
| 2025 | 306 days | Rs17.70 Billion | Rs57.91 Million/day | Rs- | Rs5.32 Billion | ▲ +48 days |
| 2024 | 258 days | Rs10.61 Billion | Rs41.13 Million/day | Rs- | Rs2.16 Billion | ▲ +68 days |
| 2023 | 190 days | Rs8.50 Billion | Rs44.72 Million/day | Rs- | Rs247.60 Million | ▲ +12 days |
| 2022 | 178 days | Rs5.46 Billion | Rs30.63 Million/day | Rs- | Rs46.50 Million | ▼ -27 days |
| 2021 | 205 days | Rs4.60 Billion | Rs22.45 Million/day | Rs- | Rs47.40 Million | ▲ +16 days |
| 2020 | 189 days | Rs3.78 Billion | Rs20.06 Million/day | Rs- | Rs80.10 Million | ▼ -34 days |
| 2019 | 223 days | Rs4.42 Billion | Rs19.85 Million/day | Rs- | Rs425.90 Million | ▼ -24 days |
| 2018 | 246 days | Rs3.82 Billion | Rs15.51 Million/day | Rs- | Rs183.20 Million | ▼ -98 days |
| 2017 | 344 days | Rs4.91 Billion | Rs14.27 Million/day | Rs- | Rs538.10 Million | ▲ +96 days |
| 2016 | 248 days | Rs3.05 Billion | Rs12.27 Million/day | Rs- | Rs335.50 Million | ▲ +22 days |
| 2015 | 226 days | Rs2.21 Billion | Rs9.79 Million/day | Rs- | Rs296.30 Million | ▲ +71 days |
| 2014 | 155 days | Rs2.00 Billion | Rs12.93 Million/day | Rs- | Rs150.20 Million | ▼ -21 days |
| 2013 | 176 days | Rs1.95 Billion | Rs11.10 Million/day | Rs- | Rs394.19 Million | ▲ +12 days |
| 2012 | 164 days | Rs1.59 Billion | Rs9.68 Million/day | Rs- | Rs27.10 Million | ▼ -348 days |
| 2011 | 512 days | Rs1.95 Billion | Rs3.81 Million/day | Rs- | Rs1.95 Billion | ▲ +111 days |
| 2010 | 402 days | Rs1.68 Billion | Rs4.19 Million/day | Rs- | Rs1.68 Billion | ▲ +99 days |
| 2009 | 302 days | Rs1.22 Billion | Rs4.04 Million/day | Rs- | Rs1.22 Billion | ▼ -807 days |
| 2008 | 1109 days | Rs583.66 Million | Rs526.34K/day | Rs- | Rs583.66 Million | ▼ -168 days |
| 2007 | 1276 days | Rs917.28 Million | Rs718.64K/day | Rs- | Rs349.87 Million | ▲ +1027 days |
| 2006 | 249 days | Rs191.51 Million | Rs769.01K/day | Rs- | Rs191.51 Million | ▼ -626 days |
| 2005 | 875 days | Rs300.61 Million | Rs343.41K/day | Rs- | Rs- | — |