Castrol India Limited
NSE: CASTROLINDLubricants
Share price
₹196.08
-0.54% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
70
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹19,412 Cr
P/E ratio
18.3
P/B ratio
10.2
ROCE
60.3%
ROE
49.9%
Dividend yield
4.4%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales grew 11.8% over the past year, and 5.6% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales held steady, near 24.2% over the last four years.
Whether it grew faster than its sector
It grew 5.6% a year against a sector median of 11.6% — 6.0 percentage points slower.
Room to re-rate, or risk of de-rating
At 18.3× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 10.8×, across 5 companies. It is against its own five-year median of 18.8×, the 46th percentile of its own range.
Whether growth justifies the valuation
Priced at 3.0 times its growth rate, on earnings growth of 6%.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Castrol India Limited — this one | 6%/yr | 18.3× | ₹3.0 |
| Gulf Oil Lubricants India Limited | 16%/yr | 13.9× | ₹0.87 |
| Savita Oil Technologies Limited | -13%/yr | 12.9× | — |
| Panama Petrochem Limited | -3%/yr | 6.3× | — |
| Gandhar Oil Refinery (India) Limited | -11%/yr | 9.8× | — |
| Veedol Corporation Limited | 18%/yr | 10.8× | ₹0.60 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Lubricants), it ranks 1 of 7 on returns, 6 of 7 on growth, 1 of 7 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
A wide advantage: it earns 60.3% on capital, ahead of 86% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
Whether its growth pays for itself
Yes — Over the last five years it made ₹4533 crore of cash from the business, spent ₹472 crore on plant and equipment, and returned ₹3964 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 106 arrived as cash (before interest, which is why it can exceed the profit). Its cash comes back faster than it used to: it went from being paid 8 days before it paid its own suppliers to paid 13 days before it paid its own suppliers.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
9 of 9 checks clear · 100%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Revenue rose 25% and profit rose 42% while margins ran above the guided range.
Announced 4 Aug 2026 · Standalone · Unaudited
Revenue
₹1,871 Cr
Revenue vs last year
+25.0%
Revenue vs last quarter
+21.1%
Net profit
₹348 Cr
Profit vs last year
+42.5%
Profit vs last quarter
+43.7%
Net margin
18.6%
EPS
₹3.51
Earnings call transcript · 5 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹19,412 Cr
- Prev close
- ₹196.08
- 52w High
- ₹207
- 52w Low
- ₹170
- Enterprise value
- ₹19,472 Cr
- Beta
- 0.7
- Price CAGR 1y
- -3.0%
- Price CAGR 3y
- 13.0%
- Price CAGR 5y
- 7.0%
- Price CAGR 10y
- -2.0%
Ratios
- Return on assets
- 24.5%
- PEG ratio
- 3.0
- P/E ratio
- 18.3
- P/B ratio
- 10.2
- EV / EBITDA
- 14.4
- Industry P/E
- 10.8
- ROCE
- 60.3%
- ROCE 5y average
- 60.0%
- ROE
- 49.9%
- Debt / Equity
- 0.0
- Interest coverage
- 143.4
- Dividend yield
- 4.4%
- ROE 3y average
- 43.0%
- ROE last year
- 46.0%
Annual P&L
- Annual revenue
- ₹5,722 Cr
- Annual profit
- ₹950 Cr
- Operating margin
- 24.0%
- Net profit margin
- 16.6%
- EBITDA margin
- 23.6%
- Sales growth 3y
- 6.2%
- Sales growth 5y
- 13.8%
- Profit growth 3y
- 6.0%
- Profit growth 5y
- 10.0%
- EPS
- ₹9.6
- Sales growth TTM
- 12.0%
- Profit growth TTM
- 13.0%
- Dividend payout
- 91.0%
Quarter P&L
- Sales latest quarter
- ₹1,871 Cr
- Profit latest quarter
- ₹348 Cr
- YoY quarterly sales growth
- 25.0%
- YoY quarterly profit growth
- 42.6%
- OPM latest quarter
- 26.4%
Balance Sheet
- Book Value
- ₹19.3
- Face Value
- ₹5.0
- Total debt
- ₹53 Cr
- Total cash
- ₹863 Cr
- Borrowings
- ₹53 Cr
- Reserves / Equity
- 2.9
Cash Flow
- Operating cash flow
- ₹1,090 Cr
- Free cash flow
- ₹996 Cr
- FCF yield
- 5.1%
- Net cash flow
- -₹26 Cr
Shareholding
- Promoter holding
- 51.0%
- FII holding
- 8.2%
- DII holding
- 13.6%
- Public holding
- 26.4%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| Castrol India | 197.15 | 18.1 | 19,510 | 4.44 | 347.7 | 42.5 | 1,871.5 | 25.0 | 60.3 |
| Gulf Oil Lubric. | 1,118.60 | 13.9 | 5,545 | 4.56 | 127.5 | 31.9 | 1,320.4 | 32.5 | 27.2 |
| Savita Oil Tech | 803.80 | 12.9 | 5,507 | 0.62 | 292.3 | 395.6 | 1,479.8 | 49.6 | 14.0 |
| Panama Petrochem | 537.00 | 6.8 | 3,248 | 0.56 | 308.9 | 624.8 | 1,735.2 | 150.3 | 19.1 |
| Gandhar Oil Ref. | 299.20 | 9.7 | 2,926 | 0.67 | 205.9 | 633.1 | 1,731.9 | 91.8 | 13.3 |
| Veedol Corporat | 1,383.00 | 10.9 | 2,401 | 4.19 | 77.9 | 56.9 | 608.6 | 18.5 | 24.1 |
| GP Petroleums | 61.64 | 7.4 | 321 | 0.81 | 21.2 | 229.0 | 230.3 | 45.6 | 10.8 |
| Median | 418.10 | 10.4 | 3,087 | 0.74 | 166.7 | 143.0 | 1,400.1 | 41.3 | 18.8 |
Competes with: GP Petroleums Limited, Gandhar Oil Refinery (India) Limited, Gulf Oil Lubricants India Limited, Panama Petrochem Limited, Savita Oil Technologies Limited, Veedol Corporation Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,334 | 1,183 | 1,264 | 1,325 | 1,398 | 1,288 | 1,354 | 1,422 | 1,497 | 1,363 | 1,440 | 1,545 | 1,871 |
| Expenses | 1,024 | 914 | 935 | 1,032 | 1,075 | 1,002 | 978 | 1,115 | 1,147 | 1,040 | 1,072 | 1,216 | 1,377 |
| Material Cost | 706 | 698 | 636 | 616 | 766 | 940 | |||||||
| Change in Inventories | -36 | 10 | -18 | 54 | -53 | -108 | |||||||
| Purchases of Stock-in-Trade | 69 | 64 | 66 | 55 | 74 | 89 | |||||||
| Employee Cost | 68 | 79 | 79 | 71 | 90 | 107 | |||||||
| Other Expenses | 308 | 297 | 277 | 276 | 339 | 350 | |||||||
| Operating Profit | 310 | 269 | 329 | 294 | 322 | 286 | 376 | 307 | 350 | 323 | 368 | 329 | 494 |
| OPM % | 23 | 23 | 26 | 22 | 23 | 22 | 28 | 22 | 23 | 24 | 26 | 21 | 26 |
| Other Income | 19 | 20 | 22 | 24 | 20 | 21 | 23 | 32 | 9 | 12 | -9 | 23 | 14 |
| Exceptional items (within Other Income) | 0 | 0 | 0 | -23 | 0 | 0 | |||||||
| Interest | 1 | 2 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 2 | 2 | 2 | 2 |
| Depreciation | 22 | 23 | 25 | 24 | 26 | 25 | 25 | 25 | 27 | 25 | 24 | 28 | 30 |
| Profit before tax | 305 | 264 | 324 | 292 | 314 | 280 | 371 | 313 | 330 | 308 | 332 | 323 | 476 |
| Tax % | 26 | 26 | 25 | 26 | 26 | 26 | 27 | 25 | 26 | 26 | 26 | 25 | 27 |
| Net Profit | 225 | 194 | 242 | 216 | 232 | 207 | 271 | 233 | 244 | 228 | 245 | 242 | 348 |
| EPS in Rs | 2.28 | 1.97 | 2.45 | 2.19 | 2.35 | 2.10 | 2.74 | 2.36 | 2.47 | 2.30 | 2.47 | 2.45 | 3.52 |
| Diluted EPS in Rs | 2.36 | 2.47 | 2.30 | 2.47 | 2.45 | 3.51 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,392 | 3,298 | 3,370 | 3,584 | 3,905 | 3,877 | 2,997 | 4,192 | 4,774 | 5,075 | 5,365 | 5,722 | 6,219 |
| Expenses | 2,675 | 2,397 | 2,369 | 2,551 | 2,834 | 2,723 | 2,183 | 3,125 | 3,663 | 3,877 | 4,086 | 4,374 | 4,705 |
| Material Cost | 2,656 | ||||||||||||
| Change in Inventories | 9.74 | ||||||||||||
| Purchases of Stock-in-Trade | 254 | ||||||||||||
| Employee Cost | 296 | ||||||||||||
| Other Expenses | 1,158 | ||||||||||||
| Operating Profit | 718 | 901 | 1,001 | 1,033 | 1,071 | 1,154 | 814 | 1,067 | 1,111 | 1,198 | 1,278 | 1,348 | 1,514 |
| OPM % | 21 | 27 | 30 | 29 | 27 | 30 | 27 | 25 | 23 | 24 | 24 | 24 | 24 |
| Other Income | 47 | 90 | 86 | 84 | 84 | 64 | 62 | 47 | 67 | 83 | 88 | 45 | 41 |
| Exceptional items (within Other Income) | -23 | ||||||||||||
| Interest | 2 | 1 | 1 | 1 | 1 | 1 | 4 | 2 | 4 | 8 | 9 | 9.29 | 8 |
| Depreciation | 36 | 39 | 45 | 46 | 56 | 70 | 87 | 83 | 81 | 92 | 100 | 101 | 108 |
| Profit before tax | 726 | 951 | 1,040 | 1,070 | 1,098 | 1,147 | 785 | 1,029 | 1,093 | 1,181 | 1,258 | 1,282 | 1,439 |
| Tax % | 35 | 35 | 36 | 35 | 36 | 28 | 26 | 26 | 25 | 27 | 26 | 26 | |
| Net Profit | 475 | 615 | 670 | 692 | 708 | 827 | 583 | 758 | 815 | 864 | 927 | 950 | 1,062 |
| EPS in Rs | 4.80 | 6.22 | 6.78 | 6.99 | 7.16 | 8.36 | 5.89 | 7.66 | 8.24 | 8.74 | 9.37 | 9.60 | 11 |
| Diluted EPS in Rs | 9.60 | ||||||||||||
| Dividend Payout % | 78 | 72 | 81 | 100 | 70 | 66 | 93 | 72 | 79 | 86 | 149 | 91 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- 6%
- 5 years
- 14%
- 3 years
- 6%
- TTM
- 12%
Compounded profit growth
- 10 years
- 4%
- 5 years
- 10%
- 3 years
- 6%
- TTM
- 13%
Stock price CAGR
- 10 years
- -2%
- 5 years
- 7%
- 3 years
- 13%
- 1 year
- -3%
Return on equity
- 10 years
- 51%
- 5 years
- 45%
- 3 years
- 43%
- Last year
- 46%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 247 | 247 | 495 | 495 | 495 | 495 | 495 | 495 | 495 | 495 | 495 | 495 |
| Reserves | 328 | 734 | 526 | 671 | 872 | 920 | 1,151 | 1,391 | 1,627 | 1,784 | 1,406 | 1,414 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 50 | 77 | 82 | 63 | 53 |
| Other Liabilities | 1,086 | 907 | 957 | 941 | 862 | 979 | 1,052 | 1,133 | 1,221 | 1,275 | 1,432 | 1,917 |
| Total Liabilities | 1,662 | 1,888 | 1,977 | 2,107 | 2,229 | 2,394 | 2,704 | 3,069 | 3,420 | 3,635 | 3,395 | 3,880 |
| Fixed Assets | 149 | 147 | 139 | 186 | 200 | 209 | 201 | 261 | 259 | 319 | 334 | 348 |
| CWIP | 36 | 37 | 57 | 35 | 27 | 44 | 50 | 61 | 108 | 60 | 72 | 56 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 325 | 488 | 488 | 443 | 377 |
| Other Assets | 1,476 | 1,704 | 1,781 | 1,886 | 2,002 | 2,141 | 2,453 | 2,422 | 2,565 | 2,769 | 2,546 | 3,099 |
| Total Assets | 1,662 | 1,888 | 1,977 | 2,107 | 2,229 | 2,394 | 2,704 | 3,069 | 3,420 | 3,635 | 3,395 | 3,880 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 548 | 740 | 664 | 608 | 549 | 879 | 893 | 630 | 916 | 853 | 1,044 | 1,090 |
| Cash from Investing Activity | -14 | 2 | -33 | 151 | 66 | -448 | -201 | -83 | 62 | -251 | -265 | 199 |
| Cash from Financing Activity | -697 | -478 | -568 | -656 | -567 | -628 | -564 | -558 | -608 | -664 | -819 | -1,315 |
| Net Cash Flow | -163 | 264 | 63 | 104 | 48 | -196 | 128 | -10 | 370 | -61 | -40 | -26 |
| Free Cash Flow | 497 | 703 | 641 | 573 | 472 | 780 | 869 | 547 | 806 | 761 | 951 | 996 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 29 | 26 | 28 | 29 | 37 | 45 | 22 | 27 | 27 | 30 | 30 | 30 |
| Inventory Days | 69 | 69 | 82 | 70 | 87 | 64 | 106 | 87 | 78 | 74 | 70 | 68 |
| Days Payable | 101 | 123 | 118 | 133 | 112 | 99 | 157 | 110 | 99 | 98 | 94 | 98 |
| Cash Conversion Cycle | -3 | -28 | -9 | -34 | 12 | 10 | -30 | 4 | 6 | 6 | 6 | 0 |
| Working Capital Days | -27 | -48 | -18 | -16 | 5 | 5 | -34 | -8 | -8 | -7 | -7 | -13 |
| ROCE % | 117 | 179 | 133 | 105 | 101 | 91 | 57 | 67 | 61 | 57 | 55 | 60 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2025-12-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-06-30
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-06-30
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-06-30
FY revenue / permanent employees + workers, same basis (calc)
9,05,37,975inr
2025-12-31
News
News and filings about Castrol India Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- additives and chemicals
- base oil
- packaging materials
Depends on the price of
- Crude Oil Brent
Buys from
- Huhtamaki India Limited · Specialty flexible & industrial packaging (lubricants)
- Mold-Tek Packaging Limited · lubricant pails/containers
Sells to
- Mahindra & Mahindra · engine oils for after-sales / service network (SUVs and tractors)
- Maruti Suzuki India · OEM / factory-fill and recommended passenger-car engine and driveline oils
- Tata Motors Limited · OEM lubricant supply for passenger and commercial vehicles (multi-decade alliance)
- Tata Motors Passenger Vehicles Limited · OEM lubricant supply for passenger and commercial vehicles (multi-decade alliance)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Oil, Gas & Consumable Fuels
- Industry
- Lubricants
- Classification
- Oil, Gas & Consumable Fuels › Lubricants
- ISIN
- INE172A01027
Plants
- Castrol Paharpur plant
- Castrol Patalganga plant
- Castrol Silvassa plant
News impact
Big market events that reach Castrol India Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 11 Aug 2026 | interim | ₹6.25 |
|---|---|---|
| 23 Mar 2026 | unspecified | ₹5.25 |
| 11 Aug 2025 | interim | ₹3.5 |
| 18 Mar 2025 | unspecified | ₹5 |
| 18 Mar 2025 | special | ₹4.5 |
| 7 Aug 2024 | interim | ₹3.5 |
| 21 Mar 2024 | unspecified | ₹4.5 |
| 8 Aug 2023 | interim | ₹3 |
Splits, bonuses & buybacks
- daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call5 Aug 2026
- Annual report · 2025-2525 Feb 2026
- Earnings call4 Feb 2026
- Earnings call6 Nov 2025
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.