Reliance Industries Limited (RELIANCE) — Cash Flow Quality Index
Reliance Industries Limited (RELIANCE) has a Cash Flow Quality Index of 10.86x as of September 2025. Operating cash flow of Rs991.10 Billion exceeds net income of Rs91.29 Billion, indicating high earnings quality where cash backs reported profits. Explore debt repayment capacity of Reliance Industries Limited to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Reliance Industries Limited Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Reliance Industries Limited across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see RELIANCE operating cash flow.
Annual Cash Flow Quality Index for Reliance Industries Limited (2005–2025)
Year-by-year earnings quality comparison for Reliance Industries Limited.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.21x | Rs1.54 Trillion | Rs696.48 Billion | ▲ +16.4% |
| 2024 | 1.90x | Rs1.32 Trillion | Rs696.21 Billion | ▲ +56.7% |
| 2023 | 1.21x | Rs1.15 Trillion | Rs948.01 Billion | ▼ -7.7% |
| 2022 | 1.32x | Rs1.11 Trillion | Rs841.42 Billion | ▲ +178.5% |
| 2021 | 0.47x | Rs261.85 Billion | Rs554.61 Billion | ▼ -74.2% |
| 2020 | 1.83x | Rs980.74 Billion | Rs536.06 Billion | ▲ +253.6% |
| 2019 | 0.52x | Rs204.81 Billion | Rs395.88 Billion | ▼ -66.7% |
| 2018 | 1.56x | Rs561.21 Billion | Rs360.75 Billion | ▲ +22.1% |
| 2017 | 1.27x | Rs380.85 Billion | Rs299.01 Billion | ▲ +16.3% |
| 2016 | 1.10x | Rs325.84 Billion | Rs297.45 Billion | ▼ -25.9% |
| 2015 | 1.48x | Rs348.28 Billion | Rs235.66 Billion | ▼ -25.1% |
| 2014 | 1.97x | Rs443.71 Billion | Rs224.93 Billion | ▲ +6.5% |
| 2013 | 1.85x | Rs385.64 Billion | Rs208.25 Billion | ▲ +66.2% |
| 2012 | 1.11x | Rs219.77 Billion | Rs197.24 Billion | ▼ -32.5% |
| 2011 | 1.65x | Rs318.25 Billion | Rs192.94 Billion | ▲ +112.2% |
| 2010 | 0.78x | Rs190.50 Billion | Rs245.03 Billion | ▼ -9.9% |
| 2009 | 0.86x | Rs129.18 Billion | Rs149.71 Billion | ▲ +19.6% |
| 2008 | 0.72x | Rs141.19 Billion | Rs195.68 Billion | ▼ -43.8% |
| 2007 | 1.28x | Rs155.09 Billion | Rs120.75 Billion | ▲ +30.7% |
| 2006 | 0.98x | Rs92.33 Billion | Rs93.98 Billion | ▼ -52.2% |
| 2005 | 2.05x | Rs156.68 Billion | Rs76.28 Billion | — |