ITC Limited (ITC) — Capital Reinvestment Ratio
ITC Limited (ITC) has a Capital Reinvestment Ratio of 0.17x as of September 2025, meaning it reinvests 0% of its operating cash flow (Rs61.63 Billion) in capital expenditures (Rs10.62 Billion). Check ITC Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ITC Limited Capital Reinvestment Ratio (2002–2026)
This chart tracks ITC Limited's Capital Reinvestment Ratio across 24 annual periods. For the full cash flow conversion analysis, see ITC cash flow metrics.
Annual Capital Reinvestment Ratio for ITC Limited (2002–2026)
Year-by-year Capital Reinvestment Ratio for ITC Limited from 2002 to 2026. See cash generation quality of ITC Limited to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.12x | Rs184.64 Billion | Rs21.83 Billion | ▼ -8.5% |
| 2025 | 0.13x | Rs176.27 Billion | Rs22.79 Billion | ▼ -37.7% |
| 2024 | 0.21x | Rs171.79 Billion | Rs35.63 Billion | ▲ +42.7% |
| 2023 | 0.15x | Rs188.78 Billion | Rs27.43 Billion | ▲ +7.0% |
| 2022 | 0.14x | Rs157.76 Billion | Rs21.42 Billion | ▼ -7.4% |
| 2021 | 0.15x | Rs125.27 Billion | Rs18.37 Billion | ▼ -11.8% |
| 2020 | 0.17x | Rs146.90 Billion | Rs24.41 Billion | ▼ -34.0% |
| 2019 | 0.25x | Rs125.83 Billion | Rs31.69 Billion | ▲ +15.2% |
| 2018 | 0.22x | Rs131.69 Billion | Rs28.78 Billion | ▼ -25.6% |
| 2017 | 0.29x | Rs106.27 Billion | Rs31.22 Billion | ▲ +21.4% |
| 2016 | 0.24x | Rs98.78 Billion | Rs23.91 Billion | ▼ -27.8% |
| 2015 | 0.34x | Rs98.43 Billion | Rs33.00 Billion | ▼ -14.7% |
| 2014 | 0.39x | Rs73.44 Billion | Rs28.87 Billion | ▲ +5.6% |
| 2013 | 0.37x | Rs71.02 Billion | Rs26.44 Billion | ▼ -9.8% |
| 2012 | 0.41x | Rs59.77 Billion | Rs24.68 Billion | ▲ +57.5% |
| 2011 | 0.26x | Rs54.54 Billion | Rs14.29 Billion | ▼ -7.1% |
| 2010 | 0.28x | Rs44.43 Billion | Rs12.53 Billion | ▼ -43.4% |
| 2009 | 0.50x | Rs35.34 Billion | Rs17.61 Billion | ▼ -35.6% |
| 2008 | 0.77x | Rs30.07 Billion | Rs23.26 Billion | ▼ -2.6% |
| 2007 | 0.79x | Rs22.48 Billion | Rs17.85 Billion | ▲ +128.7% |
| 2006 | 0.35x | Rs20.97 Billion | Rs7.28 Billion | ▲ +1.7% |
| 2005 | 0.34x | Rs15.87 Billion | Rs5.42 Billion | ▲ +32.4% |
| 2004 | 0.26x | Rs19.98 Billion | Rs5.15 Billion | ▼ -10.8% |
| 2002 | 0.29x | Rs18.43 Billion | Rs5.33 Billion | — |