Castrol India, a subsidiary of BP, operates in the lubricants business and caters to automotive and industrial segments.
Q2CY22 earnings were driven by higher volume as well as realisation YoY.
Financial Highlights:
- Castrol India reported a revenue of Rs 1,325 crore in the first quarter of 2024, marking a 2% increase compared to the Rs 1,294 crore achieved in the first quarter of 2023.
- The Profit Before Tax for Q1CY24 was Rs 292 crore, slightly up by 1% from the previous year's equivalent period, which was Rs 288 crore.
- Profit After Tax for the company rose by 7% YoY, reaching Rs 216 crore in Q1CY24 compared to Rs 203 crore in Q1CY23.
Sandeep Sangwan, Managing Director of Castrol India Limited, said, “The successful launch of innovative products last quarter significantly expanded our market share across segments. Our ongoing initiatives, including campaigns like #BadhteRahoAage and Castrol CRB TURBOMAX Pragati Ki Paathshaala, are gaining traction and set to propel further momentum. These efforts are fueled by our unwavering commitment to brand building and cutting-edge innovation. Reaching over 12,000 truck drivers nationwide through Pragati Ki Paathshaala exemplifies the impact of our programs. Our strategic association with the iconic Shah Rukh Khan reflects our pursuit of excellence, while partnerships with powerhouses like the Mumbai Indians and KTM Cup 2024 solidify our dedication to performance-driven strategies.”
“Looking forward, our focus remains sharp: delivering unbeatable value propositions tailored to the unique needs of our diverse customer segments. We’re achieving this through relentless product innovation and a strengthened presence in rural markets. Throughout the year, expect a continuous stream of cutting-edge products across portfolios that solidify our position at the forefront. This unwavering commitment to innovation and customer-centricity fuels our confidence in delivering sustainable growth and lasting value for both consumers and customers alike.”
Deepesh Baxi, Chief Financial Officer of Castrol India Limited added, “Our strategic initiatives and resilient approach have positioned us well in navigating the dynamic market landscape. As we continue to focus on driving growth and maximizing value for our stakeholders, we remain committed to prudent financial management and strategic investments to sustain our momentum in the quarters ahead.”
| CLIENT NAME | DEAL TYPE | ACTION | DATE | AVG. PRICE | QUANTITY | EXCHANGE |
|---|---|---|---|---|---|---|
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 2023-12-26 | 174.44 | 5120555 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 2023-12-26 | 174.4 | 5120555 | NSE |
| THE VANGUARD GROUP INC A/C VANGUARD EMERG. MKTS STOCK INDE | Bulk | Purchase | 2019-03-15 | 166.05 | 5083059 | NSE |
| Financials( ₹ in Cr) | Castrol India Ltd | Pidilite Industries Ltd | SRF Ltd | Linde India Ltd | Gujarat Fluorochemicals Ltd |
|---|---|---|---|---|---|
| Price | 200.61 | 3,158.95 | 2,436.05 | 8,299.20 | 3,192.35 |
| % Change | -0.88 | 0.48 | -0.93 | 1.56 | -0.97 |
| Mcap ₹ Cr | 19,842.78 | 160,667.04 | 72,210.61 | 70,778.90 | 35,067.96 |
| Revenue TTM ₹ Cr | 5,074.61 | 11,799.10 | 13,138.52 | 3,135.52 | 5,684.66 |
| Net Profit TTM ₹ Cr | 864.13 | 1,288.87 | 1,335.71 | 538.06 | 1,323.05 |
| PE TTM | 22.57 | 90.13 | 54.14 | 162.95 | 80.73 |
| 1 Year Return | 64.50 | 20.51 | 5.54 | 91.57 | 8.03 |
| ROCE | 56.86 | 24.24 | 12.52 | 16.29 | 29.38 |
| ROE | 43.12 | 18.93 | 12.25 | 14.70 | 27.07 |
Equity Capital: 2,121.69 Cr FV: 5.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 29,542.69 | 26,564.54 |
| LAST 3M | 107,300.08 | -872.81 |
| LAST 6M | 187,950.75 | 839.71 |
| LAST 12M | 304,454.24 | 86,051.23 |
| Date | Action Type | Ratio |
|---|---|---|
| Mar 21, 2024 | Dividend | 90 |
| Aug 08, 2023 | Dividend | 60 |
| May 04, 2023 | Dividend | 70 |
Castrol India Ltd is in the Chemicals sector is having a market capitalization worth Rs. 13,219.62 crores, it is incorporated in the year 1979. It has reported standalone sales of Rs. 889.60 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500870, and also listed on the National Stock Exchange (NSE) with the code CASTROLIND.
Castrol India Ltd formerly known as Indrol Lubricants and Specialties Pvt Ltd. Its registered office is located in the city of Mumbai. Castrol mainly operates in manufacturing and marketing automotive, industrial and marine grade lubricants. In the automotive vehicle segment, Castrol manufactures engine oil, transmission fluids, brake fluids, hydraulic oils, etc. In the marine and industrial segment, Castrol manufactures lubricants for metalwork, rust preservatives, and coolants. Castrol has a total of 690 permanent employees on its payroll. Castrol India has installed three plants around the country in the districts of Patalganga, Paharpur, and Silvassa. The promoters of the company own 51.0% of the stake in the company, Foreign Institutional Investors (FII) own 12.03% of any stake in the company, Domestic Institutional Investors (DII) own 16.53%, and others (such as public & retail investors) hold the balance of 20.44%.
In June 2021, quarterly net revenue was Rs. 889.6 crores, which has increased by approximately 81.33 % from Rs. 490.6 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 140.0 crores, which has risen sharply and increased by nearly 114.07% from a net profit of Rs. 65.04 crores in June 2020. In June 2021, the reported operating profit was at Rs. 715.0 crores, which has also increased by 82.12% as compared to an operating profit of Rs. 392.6 crores for the quarter ending in June 2020. From a marginal EPS of Rs. 0.6 in June 2020, the EPS of Castrol India Ltd has improved and reached a positive EPS of Rs. 1.42 per share in June 2021. CASTROLIND's stock closed at Rs. 133.65 on 27th August’2021 (NSE). Castrol India Ltd has returned a marginal 3.05% in the last six months and returned 9.01% positively in the previous year.
Technopolis Knowledge Park, Mahakali Caves Road Andheri(E), Mumbai, Maharashtra, 400093
| Tel | : | 91-22-66984100 |
| : | investorrelations.india:castrol.com | |
| Website | : | http://www.castrol.co.in |
Link Intime India Pvt Ltd
| AGM Date (Month) | : | Apr |
| Face Value Equity Shares | : | 5 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 500870 |
| NSE Code | : | CASTROLIND |
| Book Closure Date (Month) | : | Apr |
| BSE Group | : | A |
| ISIN | : | INE172A01027 |
FAQ’s on Castrol India Ltd SharesYou can buy Castrol India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Castrol India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 04:08 PM the closing price of Castrol India Ltd was Rs.200.61.
The latest PE ratio of Castrol India Ltd as of Jun 28, 2024 04:08 PM is 22.57
The latest PB ratio of Castrol India Ltd as of Jun 28, 2024 04:08 PM is 0.11
The 52-week high of Castrol India Ltd share price is Rs. 230.40 while the 52-week low is Rs. 120.00
According to analyst recommendations, Castrol India Ltd Share has a "Buy" rating for the long term.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 04:08 PM, the market cap of Castrol India Ltd stood at Rs. 19,842.78 Cr.
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