UPL Limited (UPL) — Capital Reinvestment Ratio
UPL Limited (UPL) has a Capital Reinvestment Ratio of 0.17x as of March 2025, meaning it reinvests 0% of its operating cash flow (Rs101.51 Billion) in capital expenditures (Rs16.95 Billion). Check tangible net worth ratio of UPL Limited to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
UPL Limited Capital Reinvestment Ratio (2005–2026)
This chart tracks UPL Limited's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see UPL Limited cash flow conversion.
Annual Capital Reinvestment Ratio for UPL Limited (2005–2026)
Year-by-year Capital Reinvestment Ratio for UPL Limited from 2005 to 2026. See UPL Limited free cash flow 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 | 0.29x | Rs57.63 Billion | Rs16.66 Billion | ▲ +73.1% |
| 2025 | 0.17x | Rs101.51 Billion | Rs16.95 Billion | ▼ -73.8% |
| 2024 | 0.64x | Rs18.22 Billion | Rs11.59 Billion | ▲ +108.9% |
| 2023 | 0.30x | Rs77.51 Billion | Rs23.60 Billion | ▼ -26.4% |
| 2022 | 0.41x | Rs64.96 Billion | Rs26.88 Billion | ▲ +40.6% |
| 2021 | 0.29x | Rs72.12 Billion | Rs21.22 Billion | ▲ +29.9% |
| 2020 | 0.23x | Rs87.39 Billion | Rs19.80 Billion | ▼ -66.1% |
| 2019 | 0.67x | Rs23.56 Billion | Rs15.75 Billion | ▲ +34.3% |
| 2018 | 0.50x | Rs28.39 Billion | Rs14.13 Billion | ▲ +2.2% |
| 2017 | 0.49x | Rs25.85 Billion | Rs12.59 Billion | ▼ -32.9% |
| 2016 | 0.73x | Rs13.96 Billion | Rs10.14 Billion | ▲ +21.3% |
| 2015 | 0.60x | Rs14.09 Billion | Rs8.43 Billion | ▲ +49.4% |
| 2014 | 0.40x | Rs14.41 Billion | Rs5.77 Billion | ▲ +43.0% |
| 2013 | 0.28x | Rs16.99 Billion | Rs4.76 Billion | ▼ -67.9% |
| 2011 | 0.87x | Rs8.15 Billion | Rs7.11 Billion | ▲ +375.4% |
| 2010 | 0.18x | Rs12.61 Billion | Rs2.31 Billion | ▼ -94.8% |
| 2009 | 3.50x | Rs1.23 Billion | Rs4.29 Billion | ▲ +346.2% |
| 2007 | 0.78x | Rs7.17 Billion | Rs5.62 Billion | ▼ -52.1% |
| 2006 | 1.64x | Rs1.51 Billion | Rs2.48 Billion | ▼ -15.8% |
| 2005 | 1.94x | Rs1.92 Billion | Rs3.73 Billion | — |