Indian Oil Corporation Limited (IOC) — Cash Flow Quality Index
Indian Oil Corporation Limited (IOC) has a Cash Flow Quality Index of 2.24x as of September 2025. Operating cash flow of Rs327.48 Billion exceeds net income of Rs146.31 Billion, indicating high earnings quality where cash backs reported profits. Explore Indian Oil Corporation Limited cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Indian Oil Corporation Limited Cash Flow Quality Index (2002–2026)
Historical Cash Flow Quality Index for Indian Oil Corporation Limited across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Indian Oil Corporation Limited operating cash flow efficiency.
Annual Cash Flow Quality Index for Indian Oil Corporation Limited (2002–2026)
Year-by-year earnings quality comparison for Indian Oil Corporation Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 1.71x | Rs718.51 Billion | Rs420.96 Billion | ▼ -16.1% |
| 2025 | 2.03x | Rs346.99 Billion | Rs170.63 Billion | ▲ +19.4% |
| 2024 | 1.70x | Rs710.99 Billion | Rs417.30 Billion | ▼ -13.6% |
| 2023 | 1.97x | Rs296.44 Billion | Rs150.38 Billion | ▲ +175.1% |
| 2022 | 0.72x | Rs245.70 Billion | Rs342.89 Billion | ▼ -55.8% |
| 2021 | 1.62x | Rs498.62 Billion | Rs307.51 Billion | ▲ +197.5% |
| 2019 | 0.55x | Rs141.33 Billion | Rs259.27 Billion | ▼ -35.4% |
| 2018 | 0.84x | Rs290.82 Billion | Rs344.50 Billion | ▼ -16.2% |
| 2017 | 1.01x | Rs281.68 Billion | Rs279.56 Billion | ▼ -35.6% |
| 2016 | 1.57x | Rs270.20 Billion | Rs172.59 Billion | ▼ -76.1% |
| 2015 | 6.55x | Rs459.76 Billion | Rs70.14 Billion | ▲ +170.2% |
| 2014 | 2.43x | Rs242.04 Billion | Rs99.78 Billion | ▲ +16.5% |
| 2013 | 2.08x | Rs93.79 Billion | Rs45.04 Billion | ▲ +1186.9% |
| 2012 | -0.19x | Rs-7.65 Billion | Rs39.95 Billion | ▼ -127.4% |
| 2011 | 0.70x | Rs70.59 Billion | Rs101.14 Billion | ▲ +752.8% |
| 2010 | -0.11x | Rs-16.09 Billion | Rs150.49 Billion | ▲ +98.2% |
| 2009 | -5.85x | Rs-213.52 Billion | Rs36.49 Billion | ▼ -724.1% |
| 2008 | -0.71x | Rs-88.68 Billion | Rs124.89 Billion | ▼ -601.4% |
| 2007 | -0.10x | Rs-11.76 Billion | Rs116.12 Billion | ▲ +39.2% |
| 2006 | -0.17x | Rs-12.15 Billion | Rs72.93 Billion | ▼ -123.6% |
| 2005 | 0.71x | Rs53.14 Billion | Rs75.36 Billion | ▼ -27.8% |
| 2004 | 0.98x | Rs107.06 Billion | Rs109.60 Billion | ▲ +18.9% |
| 2003 | 0.82x | Rs54.04 Billion | Rs65.79 Billion | ▼ -83.9% |
| 2002 | 5.10x | Rs143.14 Billion | Rs28.07 Billion | — |