Reliance Industries Limited (RELIANCE) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.094x

Based on the latest financial reports, Reliance Industries Limited (RELIANCE) has a cash flow conversion efficiency ratio of 0.094x 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 (Rs991.10 Billion ≈ $10.72 Billion USD) by net assets (Rs10.51 Trillion ≈ $113.63 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 Reliance Industries Limited balance sheet quality to measure how much of total assets are equity-financed.

Reliance Industries Limited - Cash Flow Conversion Efficiency Trend (2005–2025)

This chart illustrates how Reliance Industries Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check cash flow quality index of Reliance Industries Limited to evaluate the quality of earnings relative to operating cash generation.

Reliance Industries Limited Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Reliance Industries Limited ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
T-Mobile US Inc NASDAQ:TMUS	0.129x
Mitsubishi UFJ Financial Group Inc ADR NYSE:MUFG	0.023x
Verizon Communications Inc SA:VERZ34	0.076x
Thermo Fisher Scientific Inc NYSE:TMO	0.044x
SHELL PLC WI ADR/2 F:L3H	0.054x
Western Digital Corporation NASDAQ:WDC	0.116x
LOréal S.A. PA:OR	0.147x
McDonald’s Corporation NYSE:MCD	-1.876x

Annual Cash Flow Conversion Efficiency for Reliance Industries Limited (2005–2025)

The table below shows the annual cash flow conversion efficiency of Reliance Industries Limited from 2005 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Reliance Industries Limited.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	Rs10.10 Trillion ≈ $109.19 Billion	Rs1.54 Trillion ≈ $16.67 Billion	0.153x	+6.79%
2024-03-31	Rs9.26 Trillion ≈ $100.12 Billion	Rs1.32 Trillion ≈ $14.31 Billion	0.143x	+3.00%
2023-03-31	Rs8.29 Trillion ≈ $89.64 Billion	Rs1.15 Trillion ≈ $12.44 Billion	0.139x	+11.49%
2022-03-31	Rs8.89 Trillion ≈ $96.14 Billion	Rs1.11 Trillion ≈ $11.97 Billion	0.124x	+280.02%
2021-03-31	Rs7.99 Trillion ≈ $86.46 Billion	Rs261.85 Billion ≈ $2.83 Billion	0.033x	-84.59%
2020-03-31	Rs4.61 Trillion ≈ $49.89 Billion	Rs980.74 Billion ≈ $10.61 Billion	0.213x	+310.40%
2019-03-31	Rs3.95 Trillion ≈ $42.76 Billion	Rs204.81 Billion ≈ $2.21 Billion	0.052x	-72.58%
2018-03-31	Rs2.97 Trillion ≈ $32.12 Billion	Rs561.21 Billion ≈ $6.07 Billion	0.189x	+32.27%
2017-03-31	Rs2.67 Trillion ≈ $28.83 Billion	Rs380.85 Billion ≈ $4.12 Billion	0.143x	+2.98%
2016-03-31	Rs2.35 Trillion ≈ $25.40 Billion	Rs325.84 Billion ≈ $3.52 Billion	0.139x	-15.55%
2015-03-31	Rs2.12 Trillion ≈ $22.93 Billion	Rs348.28 Billion ≈ $3.77 Billion	0.164x	-26.09%
2014-03-31	Rs2.00 Trillion ≈ $21.59 Billion	Rs443.71 Billion ≈ $4.80 Billion	0.222x	+5.47%
2013-03-31	Rs1.83 Trillion ≈ $19.79 Billion	Rs385.64 Billion ≈ $4.17 Billion	0.211x	+63.24%
2012-03-31	Rs1.70 Trillion ≈ $18.41 Billion	Rs219.77 Billion ≈ $2.38 Billion	0.129x	-37.17%
2011-03-31	Rs1.55 Trillion ≈ $16.75 Billion	Rs318.25 Billion ≈ $3.44 Billion	0.205x	+52.69%
2010-03-31	Rs1.42 Trillion ≈ $15.31 Billion	Rs190.50 Billion ≈ $2.06 Billion	0.135x	+26.44%
2009-03-31	Rs1.21 Trillion ≈ $13.13 Billion	Rs129.18 Billion ≈ $1.40 Billion	0.106x	-32.47%
2008-03-31	Rs895.99 Billion ≈ $9.69 Billion	Rs141.19 Billion ≈ $1.53 Billion	0.158x	-27.21%
2007-03-31	Rs716.41 Billion ≈ $7.75 Billion	Rs155.09 Billion ≈ $1.68 Billion	0.216x	+20.72%
2006-03-31	Rs514.85 Billion ≈ $5.57 Billion	Rs92.33 Billion ≈ $998.51 Million	0.179x	-52.97%
2005-03-31	Rs410.94 Billion ≈ $4.44 Billion	Rs156.68 Billion ≈ $1.69 Billion	0.381x	--

About Reliance Industries Limited

NSE:RELIANCE India Oil & Gas Refining & Marketing

Market Cap

$190.79 Billion

Rs17.64 Trillion INR

Market Cap Rank

#105 Global

#1 in India

Share Price

Rs1303.70

Change (1 day)

-1.47%

52-Week Range

Rs1258.80 - Rs1592.30

All Time High

Rs1592.30