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. See Indian Oil Corporation Limited (IOC) net asset quality to measure how much of total assets are equity-financed.

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. Check Indian Oil Corporation Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Coca-Cola Femsa SAB de CV ADR NYSE:KOF	0.078x
United Therapeutics Corporation NASDAQ:UTHR	0.085x
China Everbright Bank Co Ltd SHG:601818	-0.062x
Telefonica SA ADR NYSE:TEF	0.115x
CRRC Corp Ltd Class A SHG:601766	-0.009x
SoFi Technologies Inc. NASDAQ:SOFI	0.011x
Qinghai Salt Lake Industry Co.Ltd SHE:000792	0.055x
China Northern Rare Earth Group High-Tech Co Ltd SHG:600111	0.057x

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. For the full company profile with market capitalisation and key ratios, see Indian Oil Corporation Limited market capitalisation.

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

$21.37 Billion

Rs1.98 Trillion INR

Market Cap Rank

#1208 Global

#36 in India

Share Price

Rs139.92

Change (1 day)

-1.49%

52-Week Range

Rs131.81 - Rs187.47

All Time High

Rs187.47