Indian Oil Corporation Limited (IOC) — Financial Flexibility Index
Indian Oil Corporation Limited (IOC) has a Financial Flexibility Index of 0.16x as of September 2025. Free cash flow of Rs488.27 Billion (operating CF Rs327.48 Billion minus capex Rs160.80 Billion) represents 0% of total liabilities (Rs3.15 Trillion). Check IOC strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Indian Oil Corporation Limited Financial Flexibility Index (2002–2026)
Historical Financial Flexibility Index trend for Indian Oil Corporation Limited across 25 annual periods. See IOC net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Indian Oil Corporation Limited (2002–2026)
Year-by-year free cash flow to debt coverage for Indian Oil Corporation Limited. For the full company profile including market capitalisation, see Indian Oil Corporation Limited (IOC) total market value.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.33x | Rs1.00 Trillion | Rs718.51 Billion | Rs3.03 Trillion | ▲ +50.0% |
| 2025 | 0.22x | Rs695.49 Billion | Rs346.99 Billion | Rs3.16 Trillion | ▼ -40.2% |
| 2024 | 0.37x | Rs1.08 Trillion | Rs710.99 Billion | Rs2.94 Trillion | ▲ +76.5% |
| 2023 | 0.21x | Rs622.44 Billion | Rs296.44 Billion | Rs2.99 Trillion | ▲ +20.6% |
| 2022 | 0.17x | Rs476.07 Billion | Rs245.70 Billion | Rs2.75 Trillion | ▼ -43.2% |
| 2021 | 0.30x | Rs736.95 Billion | Rs498.62 Billion | Rs2.42 Trillion | ▲ +74.0% |
| 2020 | 0.17x | Rs408.31 Billion | Rs86.53 Billion | Rs2.33 Trillion | ▼ -5.8% |
| 2019 | 0.19x | Rs410.14 Billion | Rs141.33 Billion | Rs2.21 Trillion | ▼ -35.2% |
| 2018 | 0.29x | Rs515.26 Billion | Rs290.82 Billion | Rs1.80 Trillion | ▲ +13.3% |
| 2017 | 0.25x | Rs429.34 Billion | Rs281.68 Billion | Rs1.70 Trillion | ▼ -2.3% |
| 2016 | 0.26x | Rs426.80 Billion | Rs270.20 Billion | Rs1.65 Trillion | ▼ -28.2% |
| 2015 | 0.36x | Rs591.35 Billion | Rs459.76 Billion | Rs1.64 Trillion | ▲ +54.9% |
| 2014 | 0.23x | Rs460.28 Billion | Rs242.04 Billion | Rs1.98 Trillion | ▲ +82.1% |
| 2013 | 0.13x | Rs221.79 Billion | Rs93.79 Billion | Rs1.73 Trillion | ▲ +57.8% |
| 2012 | 0.08x | Rs127.70 Billion | Rs-7.65 Billion | Rs1.58 Trillion | ▼ -51.2% |
| 2011 | 0.17x | Rs207.76 Billion | Rs70.59 Billion | Rs1.25 Trillion | ▲ +36.6% |
| 2010 | 0.12x | Rs122.15 Billion | Rs-16.09 Billion | Rs1.00 Trillion | ▲ +234.9% |
| 2009 | -0.09x | Rs-80.44 Billion | Rs-213.52 Billion | Rs891.86 Billion | ▼ -535.7% |
| 2008 | -0.01x | Rs-11.40 Billion | Rs-88.68 Billion | Rs803.48 Billion | ▼ -123.8% |
| 2007 | 0.06x | Rs39.32 Billion | Rs-11.76 Billion | Rs659.10 Billion | ▼ -3.9% |
| 2006 | 0.06x | Rs38.42 Billion | Rs-12.15 Billion | Rs618.85 Billion | ▼ -76.4% |
| 2005 | 0.26x | Rs128.75 Billion | Rs53.14 Billion | Rs490.21 Billion | ▼ -34.4% |
| 2004 | 0.40x | Rs160.54 Billion | Rs107.06 Billion | Rs401.00 Billion | ▲ +149.6% |
| 2003 | 0.16x | Rs65.69 Billion | Rs54.04 Billion | Rs409.58 Billion | ▼ -63.4% |
| 2002 | 0.44x | Rs180.95 Billion | Rs143.14 Billion | Rs412.52 Billion | — |