Varun Beverages Limited (VBL) — Defensive Interval Ratio
Varun Beverages Limited (VBL) has a Defensive Interval Ratio of 375 days as of June 2025. Defensive assets of Rs45.82 Billion (cash Rs21.49 Billion, short-term investments Rs12.35 Billion, receivables Rs11.99 Billion) cover 375 days of daily cash needs of Rs122.14 Million/day. Check Varun Beverages Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Varun Beverages Limited Defensive Interval Ratio (2012–2024)
This chart shows how Varun Beverages Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 375 days, meaning defensive assets of Rs45.82 Billion can fund 375 days of operations without new revenue. Also explore Varun Beverages Limited net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Varun Beverages Limited (2012–2024)
The table below presents the year-by-year Defensive Interval Ratio for Varun Beverages Limited from 2012 to 2024, 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. For live market cap and the full company financial profile, see VBL market cap.
| Year | DIR (days) | Defensive Assets (INR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 313 days | Rs38.83 Billion | Rs123.96 Million/day | Rs20.45 Billion | Rs1.84 Billion | ▲ +194 days |
| 2023 | 120 days | Rs13.61 Billion | Rs113.79 Million/day | Rs613.35 Million | Rs2.15 Billion | ▼ -10 days |
| 2022 | 130 days | Rs14.11 Billion | Rs108.73 Million/day | Rs539.52 Million | Rs5.29 Billion | ▼ -1 days |
| 2021 | 131 days | Rs10.80 Billion | Rs82.75 Million/day | Rs214.54 Million | Rs4.14 Billion | ▲ +8 days |
| 2020 | 123 days | Rs8.19 Billion | Rs66.71 Million/day | Rs517.21 Million | Rs2.52 Billion | ▲ +45 days |
| 2019 | 78 days | Rs4.75 Billion | Rs60.83 Million/day | Rs611.91 Million | Rs62.93 Million | ▲ +17 days |
| 2018 | 61 days | Rs2.91 Billion | Rs47.70 Million/day | Rs4.77 Million | Rs140.55 Million | ▼ -4 days |
| 2017 | 65 days | Rs2.82 Billion | Rs43.65 Million/day | Rs- | Rs295.14 Million | ▲ +34 days |
| 2016 | 31 days | Rs1.48 Billion | Rs47.71 Million/day | Rs- | Rs10.00K | ▼ -8 days |
| 2015 | 39 days | Rs1.78 Billion | Rs46.18 Million/day | Rs- | Rs337.84 Million | ▼ -82 days |
| 2014 | 121 days | Rs3.99 Billion | Rs32.97 Million/day | Rs- | Rs3.02 Billion | ▲ +96 days |
| 2013 | 25 days | Rs652.08 Million | Rs26.46 Million/day | Rs- | Rs10.00K | ▼ -12 days |
| 2012 | 37 days | Rs906.51 Million | Rs24.63 Million/day | Rs- | Rs10.00K | — |