Vardhman Special Steels Limited (VSSL) — Defensive Interval Ratio

Latest as of March 2026: 583 days

Vardhman Special Steels Limited (VSSL) has a Defensive Interval Ratio of 583 days as of March 2026. Defensive assets of Rs5.27 Billion (cash Rs-, short-term investments Rs2.47 Billion, receivables Rs2.80 Billion) cover 583 days of daily cash needs of Rs9.04 Million/day. Check tangible equity quality of Vardhman Special Steels Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

583 days
Days of operational coverage

Defensive Assets

Rs5.27 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rs9.04 Million
Current Liabilities ÷ 365

Current Liabilities

Rs3.30 Billion
INR

Vardhman Special Steels Limited Defensive Interval Ratio (2011–2026)

This chart shows how Vardhman Special Steels Limited's Defensive Interval Ratio has evolved across 16 annual periods from 2011 to 2026. As of March 2026, the ratio stands at 583 days, meaning defensive assets of Rs5.27 Billion can fund 583 days of operations without new revenue. Also explore net asset momentum of Vardhman Special Steels Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Vardhman Special Steels Limited (2011–2026)

The table below presents the year-by-year Defensive Interval Ratio for Vardhman Special Steels Limited from 2011 to 2026, covering 16 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 VSSL market cap overview.

Year DIR (days) Defensive Assets (INR) Daily Cash Need Cash ST Investments Change (days)
2026 583 days Rs5.27 Billion Rs9.04 Million/day Rs- Rs2.47 Billion ▲ +263 days
2025 320 days Rs2.74 Billion Rs8.58 Million/day Rs5.62 Million Rs103.94 Million ▼ -93 days
2024 413 days Rs3.20 Billion Rs7.76 Million/day Rs- Rs224.91 Million ▲ +58 days
2023 355 days Rs3.12 Billion Rs8.79 Million/day Rs- Rs200.03 Million ▼ -33 days
2022 388 days Rs2.79 Billion Rs7.20 Million/day Rs- Rs310.80 Million ▼ -55 days
2021 443 days Rs2.80 Billion Rs6.32 Million/day Rs- Rs500.00 Million ▲ +166 days
2020 277 days Rs1.86 Billion Rs6.73 Million/day Rs- Rs50.03 Million ▲ +94 days
2019 183 days Rs1.96 Billion Rs10.71 Million/day Rs- Rs77.00K ▼ -146 days
2018 330 days Rs2.12 Billion Rs6.44 Million/day Rs- Rs81.60 Million ▲ +90 days
2017 239 days Rs1.96 Billion Rs8.17 Million/day Rs- Rs11.22 Million ▼ -5 days
2016 245 days Rs2.05 Billion Rs8.37 Million/day Rs- Rs100.00 Million ▲ +41 days
2015 204 days Rs1.90 Billion Rs9.31 Million/day Rs- Rs100.00 Million ▼ -15 days
2014 218 days Rs1.66 Billion Rs7.61 Million/day Rs- Rs150.00 Million ▼ -50 days
2013 268 days Rs2.14 Billion Rs7.96 Million/day Rs- Rs930.00 Million ▲ +22 days
2012 246 days Rs1.26 Billion Rs5.13 Million/day Rs- Rs180.00 Million ▼ -992 days
2011 1238 days Rs964.04 Million Rs778.47K/day Rs- Rs- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)