UPL Limited (UPL) — Defensive Interval Ratio
UPL Limited (UPL) has a Defensive Interval Ratio of 234 days as of September 2025. Defensive assets of Rs211.74 Billion (cash Rs41.52 Billion, short-term investments Rs6.08 Billion, receivables Rs164.14 Billion) cover 234 days of daily cash needs of Rs906.58 Million/day. Check UPL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
UPL Limited Defensive Interval Ratio (2005–2025)
This chart shows how UPL Limited's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 234 days, meaning defensive assets of Rs211.74 Billion can fund 234 days of operations without new revenue. Also explore UPL Limited (UPL) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for UPL Limited (2005–2025)
The table below presents the year-by-year Defensive Interval Ratio for UPL Limited from 2005 to 2025, covering 21 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 UPL Limited market capitalisation.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 224 days | Rs175.24 Billion | Rs782.71 Million/day | Rs16.52 Billion | Rs3.42 Billion | ▼ -47 days |
| 2024 | 271 days | Rs199.11 Billion | Rs735.92 Million/day | Rs7.61 Billion | Rs2.61 Billion | ▼ -11 days |
| 2023 | 281 days | Rs223.76 Billion | Rs795.53 Million/day | Rs14.83 Billion | Rs2.06 Billion | ▲ +42 days |
| 2022 | 239 days | Rs183.10 Billion | Rs766.47 Million/day | Rs18.32 Billion | Rs11.50 Billion | ▼ -49 days |
| 2021 | 287 days | Rs154.58 Billion | Rs537.73 Million/day | Rs9.78 Billion | Rs700.00 Million | ▼ -26 days |
| 2020 | 314 days | Rs143.52 Billion | Rs457.15 Million/day | Rs8.66 Billion | Rs680.00 Million | ▼ -20 days |
| 2019 | 333 days | Rs142.19 Billion | Rs426.41 Million/day | Rs6.03 Billion | Rs1.38 Billion | ▲ +42 days |
| 2018 | 291 days | Rs60.94 Billion | Rs209.37 Million/day | Rs- | Rs380.00 Million | ▼ -35 days |
| 2017 | 327 days | Rs62.87 Billion | Rs192.55 Million/day | Rs- | Rs210.00 Million | ▲ +35 days |
| 2016 | 292 days | Rs58.07 Billion | Rs199.09 Million/day | Rs- | Rs260.00 Million | ▲ +26 days |
| 2015 | 265 days | Rs42.71 Billion | Rs161.00 Million/day | Rs- | Rs600.00 Million | ▼ -45 days |
| 2014 | 310 days | Rs39.41 Billion | Rs127.13 Million/day | Rs- | Rs- | ▼ -16 days |
| 2013 | 326 days | Rs37.52 Billion | Rs115.02 Million/day | Rs- | Rs2.84 Billion | ▼ -35 days |
| 2012 | 362 days | Rs30.94 Billion | Rs85.56 Million/day | Rs- | Rs1.25 Billion | ▲ +116 days |
| 2011 | 245 days | Rs22.73 Billion | Rs92.75 Million/day | Rs- | Rs3.55 Billion | ▼ -115 days |
| 2010 | 361 days | Rs23.54 Billion | Rs65.31 Million/day | Rs- | Rs7.60 Billion | ▲ +104 days |
| 2009 | 256 days | Rs11.41 Billion | Rs44.55 Million/day | Rs- | Rs- | ▼ -172 days |
| 2008 | 428 days | Rs15.81 Billion | Rs36.91 Million/day | Rs- | Rs7.27 Billion | ▲ +283 days |
| 2007 | 145 days | Rs5.70 Billion | Rs39.17 Million/day | Rs- | Rs- | ▼ -15 days |
| 2006 | 160 days | Rs4.30 Billion | Rs26.78 Million/day | Rs- | Rs- | ▼ -89 days |
| 2005 | 249 days | Rs3.64 Billion | Rs14.59 Million/day | Rs- | Rs39.00K | — |