Oil & Natural Gas Corporation Limited (ONGC) — Free Cash Flow Generation Index
Oil & Natural Gas Corporation Limited (ONGC) has a Free Cash Flow Generation Index of 0.58x as of September 2025. Free cash flow of Rs354.57 Billion represents 1% of operating cash flow (Rs607.87 Billion). See Oil & Natural Gas Corporation Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Oil & Natural Gas Corporation Limited Free Cash Flow Generation Index (2002–2025)
Historical FCF Generation Index trend for Oil & Natural Gas Corporation Limited across 24 annual periods. Explore ONGC debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Oil & Natural Gas Corporation Limited (2002–2025)
Year-by-year Free Cash Flow Generation Index for Oil & Natural Gas Corporation Limited. For the full company profile including market capitalisation, see market value of Oil & Natural Gas Corporation Limited.
| Year | FCG Index | Free Cash Flow (INR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.39x | Rs351.92 Billion | Rs908.68 Billion | Rs556.76 Billion | ▼ -18.8% |
| 2024 | 0.48x | Rs473.61 Billion | Rs992.63 Billion | Rs519.02 Billion | ▲ +14.1% |
| 2023 | 0.42x | Rs352.07 Billion | Rs842.11 Billion | Rs490.04 Billion | ▼ -2.6% |
| 2022 | 0.43x | Rs334.74 Billion | Rs780.00 Billion | Rs445.26 Billion | ▲ +382.2% |
| 2021 | 0.09x | Rs42.01 Billion | Rs472.01 Billion | Rs430.01 Billion | ▼ -61.7% |
| 2020 | 0.23x | Rs166.49 Billion | Rs716.34 Billion | Rs549.85 Billion | ▼ -23.5% |
| 2019 | 0.30x | Rs186.65 Billion | Rs614.58 Billion | Rs427.92 Billion | ▲ +45.6% |
| 2018 | 0.21x | Rs118.49 Billion | Rs567.92 Billion | Rs449.43 Billion | ▲ +1.1% |
| 2017 | 0.21x | Rs94.52 Billion | Rs457.80 Billion | Rs363.29 Billion | ▼ -40.9% |
| 2016 | 0.35x | Rs161.68 Billion | Rs462.92 Billion | Rs301.24 Billion | ▲ +932.0% |
| 2015 | -0.04x | Rs-14.25 Billion | Rs339.50 Billion | Rs354.34 Billion | ▲ +73.0% |
| 2014 | -0.16x | Rs-82.95 Billion | Rs532.70 Billion | Rs615.65 Billion | ▼ -158.1% |
| 2013 | -0.06x | Rs-24.06 Billion | Rs398.74 Billion | Rs422.80 Billion | ▼ -142.4% |
| 2012 | 0.14x | Rs65.60 Billion | Rs461.29 Billion | Rs395.69 Billion | ▼ -58.2% |
| 2011 | 0.34x | Rs142.75 Billion | Rs419.80 Billion | Rs277.05 Billion | ▲ +30.0% |
| 2010 | 0.26x | Rs75.30 Billion | Rs287.83 Billion | Rs212.53 Billion | ▲ +3.1% |
| 2009 | 0.25x | Rs73.59 Billion | Rs289.98 Billion | Rs216.39 Billion | ▼ -39.7% |
| 2008 | 0.42x | Rs122.14 Billion | Rs290.29 Billion | Rs168.14 Billion | ▼ -17.8% |
| 2007 | 0.51x | Rs142.24 Billion | Rs277.90 Billion | Rs135.66 Billion | ▼ -17.6% |
| 2006 | 0.62x | Rs128.14 Billion | Rs206.24 Billion | Rs78.11 Billion | ▲ +46.7% |
| 2005 | 0.42x | Rs76.41 Billion | Rs180.44 Billion | Rs81.01 Billion | ▼ -27.9% |
| 2004 | 0.59x | Rs82.99 Billion | Rs141.24 Billion | Rs58.24 Billion | ▼ -52.2% |
| 2003 | 1.23x | Rs159.20 Billion | Rs129.49 Billion | Rs29.71 Billion | ▲ +2.7% |
| 2002 | 1.20x | Rs97.23 Billion | Rs81.25 Billion | Rs15.98 Billion | — |