Vardhman Special Steels Limited (VSSL) — Capital Reinvestment Ratio
Vardhman Special Steels Limited (VSSL) has a Capital Reinvestment Ratio of 1.90x as of September 2025, meaning it reinvests 2% of its operating cash flow (Rs709.09 Million) in capital expenditures (Rs1.34 Billion). Check tangible net worth ratio of Vardhman Special Steels Limited to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Vardhman Special Steels Limited Capital Reinvestment Ratio (2012–2026)
This chart tracks Vardhman Special Steels Limited's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Vardhman Special Steels Limited (VSSL) cash flow conversion.
Annual Capital Reinvestment Ratio for Vardhman Special Steels Limited (2012–2026)
Year-by-year Capital Reinvestment Ratio for Vardhman Special Steels Limited from 2012 to 2026. See how much free cash does Vardhman Special Steels Limited generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 2.29x | Rs1.06 Billion | Rs2.43 Billion | ▲ +144.7% |
| 2025 | 0.94x | Rs1.27 Billion | Rs1.19 Billion | ▲ +96.2% |
| 2024 | 0.48x | Rs1.42 Billion | Rs679.63 Million | ▲ +22.0% |
| 2023 | 0.39x | Rs735.75 Million | Rs287.89 Million | ▼ -34.7% |
| 2022 | 0.60x | Rs588.80 Million | Rs353.00 Million | ▲ +451.5% |
| 2021 | 0.11x | Rs872.39 Million | Rs94.84 Million | ▼ -58.9% |
| 2020 | 0.26x | Rs1.35 Billion | Rs358.28 Million | ▼ -77.1% |
| 2018 | 1.16x | Rs112.10 Million | Rs129.54 Million | ▲ +140.3% |
| 2017 | 0.48x | Rs680.35 Million | Rs327.19 Million | ▼ -2.5% |
| 2016 | 0.49x | Rs501.00 Million | Rs247.15 Million | ▼ -80.6% |
| 2013 | 2.54x | Rs550.14 Million | Rs1.40 Billion | ▼ -44.5% |
| 2012 | 4.57x | Rs51.25 Million | Rs234.37 Million | — |