Sula Vineyards Limited (SULA) — Defensive Interval Ratio

Latest as of March 2026: 312 days

Sula Vineyards Limited (SULA) has a Defensive Interval Ratio of 312 days as of March 2026. Defensive assets of Rs3.28 Billion (cash Rs-, short-term investments Rs888.10 Million, receivables Rs2.40 Billion) cover 312 days of daily cash needs of Rs10.51 Million/day.

Defensive Interval Ratio

312 days
Days of operational coverage

Defensive Assets

Rs3.28 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs10.51 Million
Current Liabilities ÷ 365

Current Liabilities

Rs3.84 Billion
INR

Sula Vineyards Limited Defensive Interval Ratio (2019–2026)

This chart shows how Sula Vineyards Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2019 to 2026. As of March 2026, the ratio stands at 312 days, meaning defensive assets of Rs3.28 Billion can fund 312 days of operations without new revenue. For the complete balance sheet picture, see Sula Vineyards Limited balance sheet assets.

Annual Defensive Interval Ratio for Sula Vineyards Limited (2019–2026)

The table below presents the year-by-year Defensive Interval Ratio for Sula Vineyards Limited from 2019 to 2026, covering 8 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 Sula Vineyards Limited (SULA) liquidity to equity 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)
2026 312 days Rs3.28 Billion Rs10.51 Million/day Rs- Rs888.10 Million ▲ +81 days
2025 231 days Rs2.43 Billion Rs10.50 Million/day Rs- Rs64.40 Million ▲ +43 days
2024 188 days Rs1.98 Billion Rs10.55 Million/day Rs- Rs284.70 Million ▲ +10 days
2023 178 days Rs1.32 Billion Rs7.43 Million/day Rs- Rs173.90 Million ▲ +38 days
2022 140 days Rs1.11 Billion Rs7.95 Million/day Rs- Rs19.72 Million ▲ +33 days
2021 107 days Rs1.03 Billion Rs9.64 Million/day Rs- Rs-201.17 Million ▼ -30 days
2020 138 days Rs1.53 Billion Rs11.11 Million/day Rs- Rs11.55 Million ▼ -44 days
2019 182 days Rs1.79 Billion Rs9.82 Million/day Rs- Rs4.20 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)