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). See NTPC Limited net asset quality index to measure how much of total assets are equity-financed.
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. Check total reinvestment intensity of NTPC Limited to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for NTPC Limited (2005–2025)
Year-by-year Capital Reinvestment Ratio for NTPC Limited from 2005 to 2025. For live market cap and broader valuation context, see market cap of NTPC Limited.
| 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 | — |