Happy Forgings Limited (HAPPYFORGE) — Capital Reinvestment Ratio
Happy Forgings Limited (HAPPYFORGE) has a Capital Reinvestment Ratio of 1.26x as of September 2022, meaning it reinvests 1% of its operating cash flow (Rs350.45 Million) in capital expenditures (Rs441.50 Million). Check tangible equity quality of Happy Forgings Limited to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Happy Forgings Limited Capital Reinvestment Ratio (2019–2024)
This chart tracks Happy Forgings Limited's Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see HAPPYFORGE cash flow conversion.
Annual Capital Reinvestment Ratio for Happy Forgings Limited (2019–2024)
Year-by-year Capital Reinvestment Ratio for Happy Forgings Limited from 2019 to 2024. See Happy Forgings Limited free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.93x | Rs2.92 Billion | Rs2.71 Billion | ▼ -9.7% |
| 2023 | 1.03x | Rs1.89 Billion | Rs1.94 Billion | ▲ +23.2% |
| 2022 | 0.83x | Rs2.09 Billion | Rs1.75 Billion | ▼ -64.9% |
| 2021 | 2.38x | Rs802.94 Million | Rs1.91 Billion | ▼ -25.9% |
| 2020 | 3.21x | Rs285.91 Million | Rs916.64 Million | ▲ +435.2% |
| 2019 | 0.60x | Rs1.69 Billion | Rs1.01 Billion | — |