Happy Forgings Limited (HAPPYFORGE) — Capital Reinvestment Ratio
Latest as of September 2022:
1.26x
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). See Happy Forgings Limited (HAPPYFORGE) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.26x
Capex / Operating Cash Flow
Operating Cash Flow
Rs350.45 Million
INR
Capital Expenditures
Rs441.50 Million
INR
Data as of
Sep 2022
Most recent filing
Happy Forgings Limited Capital Reinvestment Ratio (2019–2024)
This chart tracks Happy Forgings Limited's Capital Reinvestment Ratio across 6 annual periods.
Annual Capital Reinvestment Ratio for Happy Forgings Limited (2019–2024)
Year-by-year Capital Reinvestment Ratio for Happy Forgings Limited from 2019 to 2024. For live market cap and broader valuation context, see HAPPYFORGE market cap overview.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow