Mahanagar Gas Limited (MGL) — Capital Reinvestment Ratio
Mahanagar Gas Limited (MGL) has a Capital Reinvestment Ratio of 0.86x as of September 2025, meaning it reinvests 1% of its operating cash flow (Rs5.36 Billion) in capital expenditures (Rs4.63 Billion). Check tangible net worth ratio of Mahanagar Gas Limited to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Mahanagar Gas Limited Capital Reinvestment Ratio (2011–2026)
This chart tracks Mahanagar Gas Limited's Capital Reinvestment Ratio across 16 annual periods. For the full cash flow conversion analysis, see MGL operating cash flow.
Annual Capital Reinvestment Ratio for Mahanagar Gas Limited (2011–2026)
Year-by-year Capital Reinvestment Ratio for Mahanagar Gas Limited from 2011 to 2026. See MGL cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.91x | Rs11.78 Billion | Rs10.76 Billion | ▲ +8.4% |
| 2025 | 0.84x | Rs14.06 Billion | Rs11.84 Billion | ▲ +68.6% |
| 2024 | 0.50x | Rs15.68 Billion | Rs7.83 Billion | ▼ -32.1% |
| 2023 | 0.74x | Rs9.69 Billion | Rs7.13 Billion | ▲ +2.4% |
| 2022 | 0.72x | Rs9.04 Billion | Rs6.49 Billion | ▲ +70.3% |
| 2021 | 0.42x | Rs8.06 Billion | Rs3.40 Billion | ▼ -4.7% |
| 2020 | 0.44x | Rs9.83 Billion | Rs4.35 Billion | ▼ -16.4% |
| 2019 | 0.53x | Rs6.84 Billion | Rs3.62 Billion | ▲ +28.4% |
| 2018 | 0.41x | Rs6.52 Billion | Rs2.69 Billion | ▼ -12.2% |
| 2017 | 0.47x | Rs5.47 Billion | Rs2.57 Billion | ▼ -9.6% |
| 2016 | 0.52x | Rs4.25 Billion | Rs2.21 Billion | ▲ +12.2% |
| 2015 | 0.46x | Rs4.27 Billion | Rs1.98 Billion | ▲ +4.1% |
| 2014 | 0.44x | Rs3.98 Billion | Rs1.77 Billion | ▼ -13.9% |
| 2013 | 0.52x | Rs4.39 Billion | Rs2.27 Billion | ▲ +3.5% |
| 2012 | 0.50x | Rs4.28 Billion | Rs2.14 Billion | ▼ -35.1% |
| 2011 | 0.77x | Rs3.02 Billion | Rs2.32 Billion | — |