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. Also see Indian Oil Corporation Limited market cap and net worth for the company's overall valuation and market capitalisation.

Indian Oil Corporation Limited - Cash Flow Conversion Efficiency Trend (2002–2026)

This chart illustrates how Indian Oil Corporation Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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. Explore IOC cash flow quality score to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Woodward Inc NASDAQ:WWD	0.044x
Tower Semiconductor Ltd TA:TSEM	0.058x
Huatai Securities Co Ltd SHG:601688	0.170x
Synnex Corporation NYSE:SNX	-0.030x
CyberArk Software Ltd NASDAQ:CYBR	0.055x
Genmab A/S CO:GMAB	0.093x
Amcor Plc AU:AMC	0.016x
MACOM Technology Solutions Holdings Inc NASDAQ:MTSI	0.004x

Annual Cash Flow Conversion Efficiency for Indian Oil Corporation Limited (2002–2026)

The table below shows the annual cash flow conversion efficiency of Indian Oil Corporation Limited from 2002 to 2026. View Indian Oil Corporation Limited share price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2026-03-31	Rs2.26 Trillion ≈ $24.39 Billion	Rs718.51 Billion ≈ $7.77 Billion	0.319x	+75.37%
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

$20.64 Billion

Rs1.91 Trillion INR

Market Cap Rank

#1259 Global

#37 in India

Share Price

Rs135.15

Change (1 day)

-1.78%

52-Week Range

Rs131.81 - Rs187.47

All Time High

Rs187.47