Bharat Heavy Electricals Limited (BHEL) — Capital Reinvestment Ratio
Bharat Heavy Electricals Limited (BHEL) has a Capital Reinvestment Ratio of 0.13x as of March 2025, meaning it reinvests 0% of its operating cash flow (Rs21.92 Billion) in capital expenditures (Rs2.82 Billion). See free cash flow generation of Bharat Heavy Electricals Limited to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Bharat Heavy Electricals Limited Capital Reinvestment Ratio (2004–2026)
This chart tracks Bharat Heavy Electricals Limited's Capital Reinvestment Ratio across 18 annual periods.
Annual Capital Reinvestment Ratio for Bharat Heavy Electricals Limited (2004–2026)
Year-by-year Capital Reinvestment Ratio for Bharat Heavy Electricals Limited from 2004 to 2026. For live market cap and broader valuation context, see BHEL stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.10x | Rs58.16 Billion | Rs5.89 Billion | ▼ -21.1% |
| 2025 | 0.13x | Rs21.92 Billion | Rs2.82 Billion | ▼ -49.9% |
| 2022 | 0.26x | Rs6.60 Billion | Rs1.69 Billion | ▼ -42.5% |
| 2021 | 0.45x | Rs5.62 Billion | Rs2.50 Billion | ▲ +56.8% |
| 2018 | 0.28x | Rs9.89 Billion | Rs2.81 Billion | ▼ -57.1% |
| 2017 | 0.66x | Rs5.36 Billion | Rs3.56 Billion | ▼ -84.9% |
| 2016 | 4.39x | Rs3.12 Billion | Rs13.67 Billion | ▲ +1006.2% |
| 2015 | 0.40x | Rs8.21 Billion | Rs3.26 Billion | ▲ +11.5% |
| 2014 | 0.36x | Rs45.12 Billion | Rs16.04 Billion | ▼ -64.5% |
| 2013 | 1.00x | Rs17.51 Billion | Rs17.55 Billion | ▲ +23.8% |
| 2011 | 0.81x | Rs26.99 Billion | Rs21.86 Billion | ▼ -23.6% |
| 2010 | 1.06x | Rs16.30 Billion | Rs17.28 Billion | ▲ +170.7% |
| 2009 | 0.39x | Rs34.63 Billion | Rs13.56 Billion | ▲ +93.7% |
| 2008 | 0.20x | Rs34.78 Billion | Rs7.03 Billion | ▲ +28.9% |
| 2007 | 0.16x | Rs28.21 Billion | Rs4.42 Billion | ▼ -15.6% |
| 2006 | 0.19x | Rs16.24 Billion | Rs3.01 Billion | ▼ -20.7% |
| 2005 | 0.23x | Rs8.18 Billion | Rs1.92 Billion | ▲ +130.2% |
| 2004 | 0.10x | Rs16.96 Billion | Rs1.72 Billion | — |