Indian Oil Corporation Limited (IOC) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.162x

Based on the latest financial reports, Indian Oil Corporation Limited (IOC) has a cash flow conversion efficiency ratio of 0.162x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Rs327.48 Billion ≈ $3.54 Billion USD) by net assets (Rs2.02 Trillion ≈ $21.84 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check IOC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Indian Oil Corporation Limited - Cash Flow Conversion Efficiency Trend (2002–2025)

This chart illustrates how Indian Oil Corporation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. See Indian Oil Corporation Limited (IOC) shareholders funds for net asset value and shareholders' equity analysis.

Indian Oil Corporation Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Indian Oil Corporation Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Hana Financial KO:086790	-0.035x
Eicher Motors Limited NSE:EICHERMOT	0.120x
Loews Corp NYSE:L	0.031x
STD BK GRP SP.ADRS RC-10 F:SKCS	N/A
Telenor ASA OL:TEL	0.219x
Winbond Electronics Corp TW:2344	0.100x
Telefonica MC:TEF	0.183x
LyondellBasell Industries NV NYSE:LYB	-0.026x

Annual Cash Flow Conversion Efficiency for Indian Oil Corporation Limited (2002–2025)

The table below shows the annual cash flow conversion efficiency of Indian Oil Corporation Limited from 2002 to 2025. For the full company profile with market capitalisation and key ratios, see IOC company net worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs1.91 Trillion ≈ $20.66 Billion	Rs346.99 Billion ≈ $3.75 Billion	0.182x	-51.93%
2024-03-31	Rs1.88 Trillion ≈ $20.35 Billion	Rs710.99 Billion ≈ $7.69 Billion	0.378x	+82.55%
2023-03-31	Rs1.43 Trillion ≈ $15.49 Billion	Rs296.44 Billion ≈ $3.21 Billion	0.207x	+13.84%
2022-03-31	Rs1.35 Trillion ≈ $14.61 Billion	Rs245.70 Billion ≈ $2.66 Billion	0.182x	-58.86%
2021-03-31	Rs1.13 Trillion ≈ $12.20 Billion	Rs498.62 Billion ≈ $5.39 Billion	0.442x	+391.74%
2020-03-31	Rs962.74 Billion ≈ $10.41 Billion	Rs86.53 Billion ≈ $935.82 Million	0.090x	-27.28%
2019-03-31	Rs1.14 Trillion ≈ $12.37 Billion	Rs141.33 Billion ≈ $1.53 Billion	0.124x	-50.69%
2018-03-31	Rs1.16 Trillion ≈ $12.55 Billion	Rs290.82 Billion ≈ $3.15 Billion	0.251x	-7.46%
2017-03-31	Rs1.04 Trillion ≈ $11.25 Billion	Rs281.68 Billion ≈ $3.05 Billion	0.271x	-22.41%
2016-03-31	Rs774.08 Billion ≈ $8.37 Billion	Rs270.20 Billion ≈ $2.92 Billion	0.349x	-46.93%
2015-03-31	Rs699.06 Billion ≈ $7.56 Billion	Rs459.76 Billion ≈ $4.97 Billion	0.658x	+87.72%
2014-03-31	Rs690.84 Billion ≈ $7.47 Billion	Rs242.04 Billion ≈ $2.62 Billion	0.350x	+140.18%
2013-03-31	Rs642.98 Billion ≈ $6.95 Billion	Rs93.79 Billion ≈ $1.01 Billion	0.146x	+1287.66%
2012-03-31	Rs623.17 Billion ≈ $6.74 Billion	Rs-7.65 Billion ≈ $-82.78 Million	-0.012x	-110.36%
2011-03-31	Rs595.68 Billion ≈ $6.44 Billion	Rs70.59 Billion ≈ $763.42 Million	0.119x	+499.90%
2010-03-31	Rs542.95 Billion ≈ $5.87 Billion	Rs-16.09 Billion ≈ $-174.00 Million	-0.030x	+93.47%
2009-03-31	Rs470.77 Billion ≈ $5.09 Billion	Rs-213.52 Billion ≈ $-2.31 Billion	-0.454x	-134.36%
2008-03-31	Rs458.20 Billion ≈ $4.96 Billion	Rs-88.68 Billion ≈ $-958.99 Million	-0.194x	-529.60%
2007-03-31	Rs382.42 Billion ≈ $4.14 Billion	Rs-11.76 Billion ≈ $-127.13 Million	-0.031x	+18.08%
2006-03-31	Rs323.84 Billion ≈ $3.50 Billion	Rs-12.15 Billion ≈ $-131.42 Million	-0.038x	-120.59%
2005-03-31	Rs291.57 Billion ≈ $3.15 Billion	Rs53.14 Billion ≈ $574.74 Million	0.182x	-57.02%
2004-03-31	Rs252.46 Billion ≈ $2.73 Billion	Rs107.06 Billion ≈ $1.16 Billion	0.424x	+60.33%
2003-03-31	Rs204.31 Billion ≈ $2.21 Billion	Rs54.04 Billion ≈ $584.42 Million	0.264x	-69.68%
2002-03-31	Rs164.06 Billion ≈ $1.77 Billion	Rs143.14 Billion ≈ $1.55 Billion	0.872x	--

About Indian Oil Corporation Limited

NSE:IOC India Oil & Gas Refining & Marketing

Market Cap

$21.98 Billion

Rs2.03 Trillion INR

Market Cap Rank

#1177 Global

#36 in India

Share Price

Rs143.94

Change (1 day)

+1.10%

52-Week Range

Rs131.81 - Rs187.47

All Time High

Rs187.47