NTPC Limited (NTPC) — Capital Reinvestment Ratio
NTPC Limited (NTPC) has a Capital Reinvestment Ratio of 0.36x as of September 2025, meaning it reinvests 0% of its operating cash flow (Rs504.91 Billion) in capital expenditures (Rs184.13 Billion). Check NTPC 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
NTPC Limited Capital Reinvestment Ratio (2005–2025)
This chart tracks NTPC Limited's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see NTPC Limited (NTPC) cash conversion ratio.
Annual Capital Reinvestment Ratio for NTPC Limited (2005–2025)
Year-by-year Capital Reinvestment Ratio for NTPC Limited from 2005 to 2025. See NTPC Limited free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.82x | Rs504.36 Billion | Rs412.83 Billion | ▲ +8.3% |
| 2024 | 0.76x | Rs407.85 Billion | Rs308.16 Billion | ▲ +21.9% |
| 2023 | 0.62x | Rs400.52 Billion | Rs248.19 Billion | ▲ +5.9% |
| 2022 | 0.58x | Rs417.88 Billion | Rs244.44 Billion | ▼ -18.6% |
| 2021 | 0.72x | Rs324.44 Billion | Rs233.12 Billion | ▼ -3.1% |
| 2020 | 0.74x | Rs245.83 Billion | Rs182.30 Billion | ▼ -38.8% |
| 2019 | 1.21x | Rs163.67 Billion | Rs198.26 Billion | ▲ +26.9% |
| 2018 | 0.95x | Rs196.63 Billion | Rs187.65 Billion | ▼ -19.5% |
| 2017 | 1.19x | Rs206.00 Billion | Rs244.17 Billion | ▼ -21.4% |
| 2016 | 1.51x | Rs154.11 Billion | Rs232.47 Billion | ▲ +16.0% |
| 2015 | 1.30x | Rs147.46 Billion | Rs191.77 Billion | ▲ +13.0% |
| 2014 | 1.15x | Rs164.69 Billion | Rs189.48 Billion | ▼ -6.9% |
| 2013 | 1.24x | Rs165.08 Billion | Rs204.06 Billion | ▲ +16.9% |
| 2012 | 1.06x | Rs150.62 Billion | Rs159.32 Billion | ▼ -7.0% |
| 2011 | 1.14x | Rs120.75 Billion | Rs137.36 Billion | ▼ -3.2% |
| 2010 | 1.17x | Rs119.23 Billion | Rs140.09 Billion | ▲ +6.1% |
| 2009 | 1.11x | Rs102.42 Billion | Rs113.44 Billion | ▲ +15.9% |
| 2008 | 0.96x | Rs104.08 Billion | Rs99.44 Billion | ▼ -6.3% |
| 2007 | 1.02x | Rs83.06 Billion | Rs84.69 Billion | ▼ -30.8% |
| 2006 | 1.47x | Rs63.04 Billion | Rs92.82 Billion | ▲ +37.6% |
| 2005 | 1.07x | Rs51.02 Billion | Rs54.61 Billion | — |