diff --git a/src/tests/ie_test_utils/functional_test_utils/layer_tests_summary/rename_conformance_ir.py b/src/tests/ie_test_utils/functional_test_utils/layer_tests_summary/rename_conformance_ir.py
new file mode 100644
index 00000000000..f54e9f12ed6
--- /dev/null
+++ b/src/tests/ie_test_utils/functional_test_utils/layer_tests_summary/rename_conformance_ir.py
@@ -0,0 +1,76 @@
+# Copyright (C) 2022 Intel Corporation
+# SPDX-License-Identifier: Apache-2.0
+
+import xml.etree.ElementTree as ET
+
+from argparse import ArgumentParser
+from pathlib import Path
+from hashlib import sha256
+from utils import utils
+
+from openvino.runtime import Core
+
+XML_EXTENSION = ".xml"
+BIN_EXTENSION = ".bin"
+META_EXTENSION = ".meta"
+
+logger = utils.get_logger('Rename Conformance IRs using hash')
+
+
+def parse_arguments():
+    parser = ArgumentParser()
+
+    in_dir_help = "Path/s to input directory"
+    parser.add_argument("--input_dir", help=in_dir_help, nargs="*", required=True)
+
+    return parser.parse_args()
+
+def check_file(path: Path):
+    if not path.is_file:
+        logger.error(f"File {path} is not exist!")
+        exit(-1)
+
+
+def create_hash(in_dir_path: Path):
+    core = Core()
+    models = in_dir_path.rglob("*.xml")
+    for model_path in models:
+        bin_path = model_path.with_suffix(BIN_EXTENSION)
+        meta_path = model_path.with_suffix(META_EXTENSION)
+
+        check_file(model_path)
+        check_file(bin_path)
+        check_file(meta_path)
+
+        str_to_hash = str()
+        model = core.read_model(model_path)
+        for input in model.inputs:
+            str_to_hash += str(len(input.partial_shape)) + str(input.element_type) + str(input.node.type_info) + str(input.partial_shape.is_dynamic)
+        for node in model.get_ordered_ops():
+            str_to_hash += str(node.type_info)
+        for output in model.outputs:      
+            str_to_hash += str(len(output.partial_shape)) + str(output.element_type) + str(output.node.type_info) + str(input.partial_shape.is_dynamic)
+        
+        ports_info = ET.parse(meta_path).getroot().find("ports_info")
+        str_to_hash += ET.tostring(ports_info).decode('utf8');        
+
+        old_name = model_path
+        new_name = model_path.name[:model_path.name.find('_') + 1] + str(sha256(str_to_hash.encode('utf-8')).hexdigest())
+
+        model_path.rename(Path(model_path.parent, new_name + XML_EXTENSION))
+        meta_path.rename(Path(meta_path.parent, new_name + META_EXTENSION))
+        bin_path.rename(Path(bin_path.parent, new_name + BIN_EXTENSION))
+
+        logger.info(f"{old_name} -> {new_name}")
+
+if __name__=="__main__":
+    args = parse_arguments()
+    for in_dir in args.input_dir:
+        if not Path(in_dir).is_dir:
+            logger.error(f"Directory {in_dir} is not exist!")
+            exit(-1)
+        logger.info(f"Starting to rename models in {in_dir}")
+        create_hash(Path(in_dir))
+    logger.info("The run is successfully completed")
+
+