ICRA Limited (ICRA) — Capital Reinvestment Ratio
ICRA Limited (ICRA) has a Capital Reinvestment Ratio of 0.06x as of September 2025, meaning it reinvests 0% of its operating cash flow (Rs779.99 Million) in capital expenditures (Rs49.27 Million). Check ICRA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ICRA Limited Capital Reinvestment Ratio (2002–2025)
This chart tracks ICRA Limited's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of ICRA Limited.
Annual Capital Reinvestment Ratio for ICRA Limited (2002–2025)
Year-by-year Capital Reinvestment Ratio for ICRA Limited from 2002 to 2025. See ICRA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | Rs1.45 Billion | Rs124.12 Million | ▲ +32.9% |
| 2024 | 0.06x | Rs1.07 Billion | Rs68.97 Million | ▼ -29.6% |
| 2023 | 0.09x | Rs992.58 Million | Rs90.88 Million | ▲ +70.7% |
| 2022 | 0.05x | Rs973.75 Million | Rs52.22 Million | ▲ +16.6% |
| 2021 | 0.05x | Rs763.84 Million | Rs35.13 Million | ▼ -75.9% |
| 2020 | 0.19x | Rs213.19 Million | Rs40.61 Million | ▲ +226.8% |
| 2019 | 0.06x | Rs808.54 Million | Rs47.13 Million | ▼ -1.6% |
| 2018 | 0.06x | Rs619.00 Million | Rs36.68 Million | ▼ -33.9% |
| 2017 | 0.09x | Rs639.53 Million | Rs57.32 Million | ▼ -38.5% |
| 2016 | 0.15x | Rs711.89 Million | Rs103.70 Million | ▼ -44.9% |
| 2015 | 0.26x | Rs680.64 Million | Rs179.99 Million | ▼ -40.8% |
| 2014 | 0.45x | Rs833.78 Million | Rs372.42 Million | ▲ +101.4% |
| 2013 | 0.22x | Rs239.67 Million | Rs53.16 Million | ▲ +111.5% |
| 2012 | 0.10x | Rs389.82 Million | Rs40.88 Million | ▲ +5.5% |
| 2011 | 0.10x | Rs475.41 Million | Rs47.25 Million | ▼ -31.1% |
| 2010 | 0.14x | Rs417.33 Million | Rs60.18 Million | ▲ +66.9% |
| 2009 | 0.09x | Rs384.20 Million | Rs33.20 Million | ▼ -42.2% |
| 2008 | 0.15x | Rs313.29 Million | Rs46.84 Million | ▼ -62.6% |
| 2007 | 0.40x | Rs159.12 Million | Rs63.57 Million | ▲ +17.9% |
| 2006 | 0.34x | Rs92.38 Million | Rs31.31 Million | ▼ -77.2% |
| 2005 | 1.49x | Rs42.66 Million | Rs63.37 Million | ▲ +884.2% |
| 2004 | 0.15x | Rs64.93 Million | Rs9.80 Million | ▼ -51.1% |
| 2003 | 0.31x | Rs52.96 Million | Rs16.33 Million | ▼ -2.3% |
| 2002 | 0.32x | Rs48.45 Million | Rs15.29 Million | — |