Indian Oil Corporation Limited (IOC) — Free Cash Flow Generation Index
Indian Oil Corporation Limited (IOC) has a Free Cash Flow Generation Index of 0.51x as of September 2025. Free cash flow of Rs166.68 Billion represents 1% of operating cash flow (Rs327.48 Billion). Read IOC total debt and obligations for a breakdown of total debt and financial obligations.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Indian Oil Corporation Limited Free Cash Flow Generation Index (2002–2026)
Historical FCF Generation Index trend for Indian Oil Corporation Limited across 19 annual periods. Explore reinvestment intensity of Indian Oil Corporation Limited to see what proportion of operating cash flow is directed to capital expenditures.
Annual Free Cash Flow Generation for Indian Oil Corporation Limited (2002–2026)
Year-by-year Free Cash Flow Generation Index for Indian Oil Corporation Limited. For the full company profile including market capitalisation, see Indian Oil Corporation Limited stock valuation.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.61x | Rs434.88 Billion | Rs718.51 Billion | Rs283.63 Billion | ▲ +14040.0% |
| 2025 | 0.00x | Rs-1.51 Billion | Rs346.99 Billion | Rs348.50 Billion | ▼ -100.9% |
| 2024 | 0.48x | Rs339.23 Billion | Rs710.99 Billion | Rs371.75 Billion | ▲ +578.4% |
| 2023 | -0.10x | Rs-29.56 Billion | Rs296.44 Billion | Rs326.00 Billion | ▼ -259.8% |
| 2022 | 0.06x | Rs15.33 Billion | Rs245.70 Billion | Rs230.37 Billion | ▼ -88.0% |
| 2021 | 0.52x | Rs260.29 Billion | Rs498.62 Billion | Rs238.33 Billion | ▲ +119.2% |
| 2020 | -2.72x | Rs-235.24 Billion | Rs86.53 Billion | Rs321.77 Billion | ▼ -201.4% |
| 2019 | -0.90x | Rs-127.48 Billion | Rs141.33 Billion | Rs268.81 Billion | ▼ -495.2% |
| 2018 | 0.23x | Rs66.37 Billion | Rs290.82 Billion | Rs224.45 Billion | ▼ -52.0% |
| 2017 | 0.48x | Rs134.02 Billion | Rs281.68 Billion | Rs147.66 Billion | ▲ +13.2% |
| 2016 | 0.42x | Rs113.60 Billion | Rs270.20 Billion | Rs156.60 Billion | ▼ -41.1% |
| 2015 | 0.71x | Rs328.17 Billion | Rs459.76 Billion | Rs131.59 Billion | ▲ +626.0% |
| 2014 | 0.10x | Rs23.80 Billion | Rs242.04 Billion | Rs218.24 Billion | ▲ +127.0% |
| 2013 | -0.36x | Rs-34.20 Billion | Rs93.79 Billion | Rs128.00 Billion | ▲ +61.3% |
| 2011 | -0.94x | Rs-66.57 Billion | Rs70.59 Billion | Rs137.16 Billion | ▼ -123.1% |
| 2005 | -0.42x | Rs-22.46 Billion | Rs53.14 Billion | Rs75.61 Billion | ▼ -184.5% |
| 2004 | 0.50x | Rs53.57 Billion | Rs107.06 Billion | Rs53.49 Billion | ▼ -58.8% |
| 2003 | 1.22x | Rs65.69 Billion | Rs54.04 Billion | Rs11.65 Billion | ▼ -3.8% |
| 2002 | 1.26x | Rs180.95 Billion | Rs143.14 Billion | Rs37.81 Billion | — |