Varun Beverages Limited (VBL) — Defensive Interval Ratio

Latest as of June 2025: 375 days

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. See working capital position of Varun Beverages Limited to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

375 days
Days of operational coverage

Defensive Assets

Rs45.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs122.14 Million
Current Liabilities ÷ 365

Current Liabilities

Rs44.58 Billion
INR

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. See net asset quality index of Varun Beverages Limited to measure how much of total assets are equity-financed.

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 overview.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)