Varun Beverages Limited (VBL) — Defensive Interval Ratio

Latest as of June 2026: 266 days

Varun Beverages Limited (VBL) has a Defensive Interval Ratio of 266 days as of June 2026. Defensive assets of Rs37.73 Billion (cash Rs-, short-term investments Rs21.25 Billion, receivables Rs16.48 Billion) cover 266 days of daily cash needs of Rs141.92 Million/day.

Defensive Interval Ratio

266 days
Days of operational coverage

Defensive Assets

Rs37.73 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs141.92 Million
Current Liabilities ÷ 365

Current Liabilities

Rs51.80 Billion
INR

Varun Beverages Limited Defensive Interval Ratio (2012–2025)

This chart shows how Varun Beverages Limited's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 266 days, meaning defensive assets of Rs37.73 Billion can fund 266 days of operations without new revenue. For the complete balance sheet picture, see Varun Beverages Limited assets under control.

Annual Defensive Interval Ratio for Varun Beverages Limited (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Varun Beverages Limited from 2012 to 2025, covering 14 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 Varun Beverages Limited working capital to net assets 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 380 days Rs42.41 Billion Rs111.61 Million/day Rs16.06 Billion Rs13.86 Billion ▲ +67 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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)