Oil & Natural Gas Corporation Limited (ONGC) — Cash Flow Quality Index
Oil & Natural Gas Corporation Limited (ONGC) has a Cash Flow Quality Index of 2.95x as of September 2025. Operating cash flow of Rs607.87 Billion exceeds net income of Rs205.89 Billion, indicating high earnings quality where cash backs reported profits. Explore ONGC 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
Oil & Natural Gas Corporation Limited Cash Flow Quality Index (2002–2026)
Historical Cash Flow Quality Index for Oil & Natural Gas Corporation Limited across 25 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Oil & Natural Gas Corporation Limited cash flow conversion.
Annual Cash Flow Quality Index for Oil & Natural Gas Corporation Limited (2002–2026)
Year-by-year earnings quality comparison for Oil & Natural Gas Corporation Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 2.72x | Rs1.13 Trillion | Rs414.24 Billion | ▲ +8.6% |
| 2025 | 2.51x | Rs908.68 Billion | Rs362.26 Billion | ▲ +24.4% |
| 2024 | 2.02x | Rs992.63 Billion | Rs492.21 Billion | ▼ -21.5% |
| 2023 | 2.57x | Rs842.11 Billion | Rs327.78 Billion | ▲ +62.4% |
| 2022 | 1.58x | Rs780.00 Billion | Rs492.94 Billion | ▼ -28.4% |
| 2021 | 2.21x | Rs472.01 Billion | Rs213.43 Billion | ▼ -64.3% |
| 2020 | 6.20x | Rs716.34 Billion | Rs115.60 Billion | ▲ +242.2% |
| 2019 | 1.81x | Rs614.58 Billion | Rs339.38 Billion | ▼ -16.9% |
| 2018 | 2.18x | Rs567.92 Billion | Rs260.68 Billion | ▲ +16.2% |
| 2017 | 1.87x | Rs457.80 Billion | Rs244.19 Billion | ▼ -46.9% |
| 2016 | 3.53x | Rs462.92 Billion | Rs131.02 Billion | ▲ +184.9% |
| 2015 | 1.24x | Rs339.50 Billion | Rs273.70 Billion | ▼ -8.2% |
| 2014 | 1.35x | Rs532.70 Billion | Rs394.13 Billion | ▲ +24.5% |
| 2013 | 1.09x | Rs398.74 Billion | Rs367.42 Billion | ▲ +0.7% |
| 2012 | 1.08x | Rs461.29 Billion | Rs428.04 Billion | ▼ -11.9% |
| 2011 | 1.22x | Rs419.80 Billion | Rs343.16 Billion | ▲ +29.4% |
| 2010 | 0.95x | Rs287.83 Billion | Rs304.41 Billion | ▲ +1.4% |
| 2009 | 0.93x | Rs289.98 Billion | Rs311.04 Billion | ▼ -0.4% |
| 2008 | 0.94x | Rs290.29 Billion | Rs310.14 Billion | ▼ -3.9% |
| 2007 | 0.97x | Rs277.90 Billion | Rs285.48 Billion | ▲ +1.0% |
| 2006 | 0.96x | Rs206.24 Billion | Rs213.92 Billion | ▲ +5.0% |
| 2005 | 0.92x | Rs180.44 Billion | Rs196.48 Billion | ▼ -3.1% |
| 2004 | 0.95x | Rs141.24 Billion | Rs149.05 Billion | ▼ -23.4% |
| 2003 | 1.24x | Rs129.49 Billion | Rs104.67 Billion | ▼ -5.3% |
| 2002 | 1.31x | Rs81.25 Billion | Rs62.22 Billion | — |