Oil & Natural Gas Corporation Limited (ONGC) — Capital Reinvestment Ratio
Oil & Natural Gas Corporation Limited (ONGC) has a Capital Reinvestment Ratio of 0.42x as of September 2025, meaning it reinvests 0% of its operating cash flow (Rs607.87 Billion) in capital expenditures (Rs253.30 Billion). Check ONGC 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
Oil & Natural Gas Corporation Limited Capital Reinvestment Ratio (2002–2026)
This chart tracks Oil & Natural Gas Corporation Limited's Capital Reinvestment Ratio across 25 annual periods. For the full cash flow conversion analysis, see Oil & Natural Gas Corporation Limited cash flow conversion.
Annual Capital Reinvestment Ratio for Oil & Natural Gas Corporation Limited (2002–2026)
Year-by-year Capital Reinvestment Ratio for Oil & Natural Gas Corporation Limited from 2002 to 2026. See Oil & Natural Gas Corporation Limited (ONGC) 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 |
|---|---|---|---|---|
| 2026 | 0.37x | Rs1.13 Trillion | Rs412.82 Billion | ▼ -40.3% |
| 2025 | 0.61x | Rs908.68 Billion | Rs556.76 Billion | ▲ +17.2% |
| 2024 | 0.52x | Rs992.63 Billion | Rs519.02 Billion | ▼ -10.1% |
| 2023 | 0.58x | Rs842.11 Billion | Rs490.04 Billion | ▲ +1.9% |
| 2022 | 0.57x | Rs780.00 Billion | Rs445.26 Billion | ▼ -37.3% |
| 2021 | 0.91x | Rs472.01 Billion | Rs430.01 Billion | ▲ +18.7% |
| 2020 | 0.77x | Rs716.34 Billion | Rs549.85 Billion | ▲ +10.2% |
| 2019 | 0.70x | Rs614.58 Billion | Rs427.92 Billion | ▼ -12.0% |
| 2018 | 0.79x | Rs567.92 Billion | Rs449.43 Billion | ▼ -0.3% |
| 2017 | 0.79x | Rs457.80 Billion | Rs363.29 Billion | ▲ +21.9% |
| 2016 | 0.65x | Rs462.92 Billion | Rs301.24 Billion | ▼ -37.7% |
| 2015 | 1.04x | Rs339.50 Billion | Rs354.34 Billion | ▼ -9.7% |
| 2014 | 1.16x | Rs532.70 Billion | Rs615.65 Billion | ▲ +9.0% |
| 2013 | 1.06x | Rs398.74 Billion | Rs422.80 Billion | ▲ +23.6% |
| 2012 | 0.86x | Rs461.29 Billion | Rs395.69 Billion | ▲ +30.0% |
| 2011 | 0.66x | Rs419.80 Billion | Rs277.05 Billion | ▼ -10.6% |
| 2010 | 0.74x | Rs287.83 Billion | Rs212.53 Billion | ▼ -1.1% |
| 2009 | 0.75x | Rs289.98 Billion | Rs216.39 Billion | ▲ +28.8% |
| 2008 | 0.58x | Rs290.29 Billion | Rs168.14 Billion | ▲ +18.7% |
| 2007 | 0.49x | Rs277.90 Billion | Rs135.66 Billion | ▲ +28.9% |
| 2006 | 0.38x | Rs206.24 Billion | Rs78.11 Billion | ▼ -15.6% |
| 2005 | 0.45x | Rs180.44 Billion | Rs81.01 Billion | ▲ +8.9% |
| 2004 | 0.41x | Rs141.24 Billion | Rs58.24 Billion | ▲ +79.7% |
| 2003 | 0.23x | Rs129.49 Billion | Rs29.71 Billion | ▲ +16.6% |
| 2002 | 0.20x | Rs81.25 Billion | Rs15.98 Billion | — |