Vardhman Special Steels Limited (VSSL) — Capital Reinvestment Ratio
Latest as of September 2025:
1.90x
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). See VSSL FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.90x
Capex / Operating Cash Flow
Operating Cash Flow
Rs709.09 Million
INR
Capital Expenditures
Rs1.34 Billion
INR
Data as of
Sep 2025
Most recent filing
Vardhman Special Steels Limited Capital Reinvestment Ratio (2012–2026)
This chart tracks Vardhman Special Steels Limited's Capital Reinvestment Ratio across 12 annual periods.
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. For live market cap and broader valuation context, see Vardhman Special Steels Limited (VSSL) total market value.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow