Castrol India Limited (CASTROLIND)

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Castrol India Limited (CASTROLIND) · mywealthgrid

About

Castrol India operates in lubricants for automotive and industrial applications within the energy sector. At ₹18,478 Cr market cap with 23.55% operating margin and zero debt, it is a profitable mid-scale player with strong financial health. Quarterly revenues range from ₹1.3 to 1.9 Cr, reflecting cyclicality in its end-markets.

Face value: ₹5

Market cap

₹19,687 Cr

P/E

18.5×

P/B

10.4×

Dividend yield

5.8%

ROE

—

ROCE

—

Debt / equity

OPM

23.6%

EPS (TTM)

₹10.7

Book value

₹19.2

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating margin fell from 27.76% (Dec 2024) to 21.31% (Mar 2026)—verify if from input-cost pressure, competitive pricing, or product-mix headwinds.
Stock down 12.99% over one year despite 23.55% operating margins—what sector or company-specific headwinds is the market pricing in?
Quarterly revenue swings between ₹1,288 Cr (Sep 2024) and ₹1,871 Cr (Jun 2026) suggest demand cyclicality—verify auto and industrial production cycles that drive volumes.
Lubricants exposed to vehicle electrification; verify traditional-demand risk and company's transition capability to EV-compatible products.

Generated analysis · source review pending

Growth drivers

Jun 2026 revenue ₹1,871.47 Cr is 25% higher than Jun 2025 (₹1,496.83 Cr)—verify if from auto-OEM or industrial demand, or cyclical recovery.
Operating margin expanded 306 basis points year-over-year (23.35% to 26.41%)—verify if from input-cost moderation or product-mix shift.
EPS grew 42% year-over-year (₹2.47 to ₹3.51) driven by combined revenue and margin gains.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹199.0-0.4%1Y

Quick read

rule-based

Pros

+Strong return on equity of 43.6% (3-yr avg)
+High return on capital employed of 57.7%
+Healthy operating margin of 23.6%
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 141.5×
+Dividend yield of 5.8%

Cons

−Modest revenue growth of 6.4% a year over the last 5 years
−Trading at 10.4× book value

Research score

Structured signal from quality, growth, valuation and momentum.

66/100

Business quality: 87
Growth

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Part ofNIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET NIFTY ENERGY

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Castrol India LimitedCASTROLINDCASTROLIND	₹19,687 Cr	₹19,687 Cr	₹6,219 Cr	₹1,514 Cr	23.6%	₹1,062 Cr	16.6%	—	—	—
Gulf Oil Lubricants India LimitedGULFOILLUBGULFOILLUB	₹5,410 Cr	₹5,925 Cr	₹4,367 Cr	₹552 Cr	12.7%	₹375 Cr	8.5%	33.1%	23.2%	38
Savita Oil Technologies LimitedSOTLSOTL	₹5,004 Cr	₹5,004 Cr	₹4,853 Cr	₹521 Cr	5.6%	₹414 Cr	4.2%	15%	10.5%	88
Panama Petrochem LimitedPANAMAPETPANAMAPET	₹2,947 Cr	₹3,025 Cr	₹4,106 Cr	₹609 Cr	9%	₹479 Cr	6.9%	19.5%	15.6%	122
Gandhar Oil Refinery (India) LimitedGANDHARGANDHAR	₹2,767 Cr	₹2,935 Cr	₹5,052 Cr	₹470 Cr	5.5%	₹301 Cr	3.2%	14.4%	10.5%	82
Veedol Corporation LimitedVEEDOLVEEDOL	₹2,360 Cr	₹2,360 Cr	₹2,263 Cr	₹265 Cr	10.5%	₹220 Cr	8.8%	20.2%	19.7%	92
Gp Petroleums LimitedGULFPETROGULFPETRO	₹318 Cr	₹338 Cr	₹643 Cr	₹39 Cr	6.1%	₹26 Cr	4.1%	11.5%	7.7%	124
Greenhitech Ventures LtdGVLGVL	₹52 Cr	—	₹19 Cr	₹2 Cr	11.5%	₹1 Cr	6.8%	—	—	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Dec 2017	Mar 2018	Dec 2018	Mar 2019	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025	Mar 2026
	3,852	3,905	3,905	3,877	3,877	2,997	4,192	4,774	5,075	5,365	5,722	5,722
COGS	-1,666	—	-1,907	—	-1,748	1,266	2,059	2,500	2,636	2,728	2,919	2,919
Gross profit	—	—	—	—	—	1,731	2,133	2,275	2,438	2,637	2,802	2,802
	4,485	2,834	4,740	2,724	4,472	917	1,067	1,163	1,240	1,359	1,455	1,455
	1,033	1,071	1,071	1,153	1,153	814	1,066	1,111	1,198	1,278	1,348	1,348
OPM %	26.8%	27.4%	27.4%	29.7%	29.7%	27.2%	25.4%	23.3%	23.6%	23.8%	23.6%	23.6%
Depreciation	46	56	56	70	70	87	83	81	92	100	101	101
Interest	1	1	2	1	1	4	2	4	8	9	9	9
	84	84	84	65	65	62	48	67	83	89	45	45
Profit before tax	1,070	1,098	1,098	1,147	1,147	785	1,029	1,093	1,181	1,258	1,282	1,282
Tax	378	388	390	323	320	202	271	278	317	330	332	332
Tax %	35.4%	35.3%	35.5%	28.2%	27.9%	25.8%	26.4%	25.4%	26.8%	26.3%	25.9%	25.9%
	692	708	708	827	827	583	758	815	864	927	950	950
PAT margin %	18%	18.1%	18.1%	21.3%	21.3%	19.5%	18.1%	17.1%	17%	17.3%	16.6%	16.6%
EPS (₹)	12	—	7.2	—	8.4	5.9	7.7	8.2	8.7	9.4	9.6	9.6
EPS adjusted (₹)	—	7.2	—	8.4	—	—	7.7	8.2	8.7	9.4	9.6	—
	58.3%	—	69.8%	—	29.9%	144.3%	71.8%	78.9%	85.8%	138.7%	91.1%	—
Annual report	Annual report for Dec 2017	Annual report for Mar 2018	Annual report for Dec 2018	Annual report for Mar 2019	Annual report for Dec 2019	Annual report for Dec 2020	Annual report for Dec 2021	Annual report for Dec 2022	Annual report for Dec 2023	Annual report for Dec 2024	Annual report for Dec 2025	—

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025
Equity capital	247	495	495	495	495	495	495	495	495	495	495
Reserves	625	526	671	872	920	1,151	1,151	1,391	1,627	1,784	1,406
	—	—	—	—	—	—	0	0	0	0	0
	789	957	941	862	979	1,059	1,058	1,183	1,298	1,357	1,495
Total equity & liabilities	1,661	1,977	2,107	2,229	2,394	2,704	2,704	3,069	3,420	3,635	3,395
	149	139	186	200	174	177	201	261	259	319	334
CWIP	36	57	35	27	44	50	50	61	108	60	72
Investments	—	—	—	—	—	325	0	325	488	488	443
	1,476	1,781	1,886	2,002	2,176	2,152	2,453	2,422	2,565	2,769	2,546
Total assets	1,661	1,977	2,107	2,229	2,394	2,704	2,704	3,069	3,420	3,635	3,395

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025	Mar 2026
Margins
Gross margin %	—	57.7%	50.9%	47.6%	48%	49.2%	49%	49%
EBITDA margin %	29.7%	27.2%	25.4%	23.3%	23.6%	23.8%	23.6%	23.6%
EBIT margin %	27.9%	24.3%	23.5%	21.6%	21.8%	22%	21.8%	21.8%
PAT margin %	21.3%	19.5%	18.1%	17.1%	17%	17.3%	16.6%	16.6%
Working capital
Receivable days	—	—	27	27	30	30	30	—
Inventory days	—	—	87	78	74	70	68	—
Payable days	—	—	110	99	98	94	98	—
NWC days	—	—	4	6	6	6	0	—
Leverage
Current ratio	—	—	2.17	2	1.91	2.02	1.66	—
Debt to EBITDA	—	—	0	0	0	0	0	—
Debt to equity	—	—	0	0	0	0	0	—
Interest coverage	956.8	188	429.9	273.5	157.9	135.1	141.5	141.5
Asset turnover	—	—	1.55	1.56	1.48	1.48	1.69	—
Return ratios
Return on assets %	—	—	28%	26.6%	25.3%	25.5%	28%	—
Return on capital employed %	—	—	61.8%	60.6%	57.2%	55.5%	60.4%	—
Return on equity %	—	—	46.1%	43.2%	40.7%	40.7%	50%	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	51%	51%	51%	51%	51%	51%	51%	51%	51%	51%	51%	51%
	10.96%	10.38%	9.51%	9.98%	10.05%	9.52%	10.65%	10.31%	10.28%	9.69%	8.48%	8.18%
	16.51%	15.92%	16.37%	16.11%	15.18%	14.47%	14.58%	14.93%	14.95%	14.58%	14.2%	13.63%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0.46%	0.78%
	21.53%	22.7%	23.12%	22.91%	23.77%	25.01%	23.77%	23.76%	23.77%	24.73%	25.86%	26.41%
No. of shareholders	—	—	—	—	—	—	—	—	5,27,199	5,29,407	5,44,404	5,41,506

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 11 fund houses

Held by these funds

1.68%

of the company's equity

All mutual funds

2.73%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

56 schemes · 11 fund houses

		Shares
SMALL CAP FUND	Nippon India Mutual Fund	1.01 Cr	185.83	0.23%	1.018%	-0
ETHICAL FUND	Tata Mutual Fund	11.72 L	21.62	0.56%	0.118%	-0
RESOURCES & ENERGY FUND	Tata Mutual Fund	10 L	18.45	1.31%	0.101%	-0
Nifty Smallcap 250 Index Fund	Nippon India Mutual Fund	7.63 L	14.07	0.4%	0.077%	+9,324
Nifty Smallcap250 Quality 50 Index Fund	DSP Mutual Fund	5.44 L	10.04	3.17%	0.055%	-503
NIFTY SMALLCAP 50 INDEX FUND	Axis Mutual Fund	4.54 L	8.38	1.07%	0.046%	+18,404
Nifty Smallcap 250 Index Fund	SBI Mutual Fund	3.88 L	7.15	0.4%	0.039%	+4,335
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	2.81 L	5.18	0.4%	0.028%	+2,551

1–8 of 56

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Investor Presentation and earnings call

Aug 2026Transcript AI SummaryPPTREC
Apr 2026Transcript AI SummaryPPTREC

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

11 announcementsExport CSV

15 Jul 2026, 5:21 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

15 Jul 2026, 1:43 pmBoard Meeting

Board Meeting Intimation for Considering And Approving The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30 June 2026; And Declaration Of Interim Dividend For FY 2026, If Any.

Exchange filing PDF

6 Jul 2026, 10:26 amCompany Update

Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 PDF

Date	Category	Subject	Filing
15 Jul 2026, 5:21 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
15 Jul 2026, 1:43 pm	Board Meeting	Board Meeting Intimation for Considering And Approving The Unaudited Financial Results Of The Company For The Quarter And Half Year Ended 30 June 2026; And Declaration Of Interim Dividend For FY 2026, If Any.

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Ratio	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025	Mar 2026
Margins
Gross margin %	—	57.7%	50.9%	47.6%	48%	49.2%	49%	49%
EBITDA margin %	29.7%	27.2%	25.4%	23.3%	23.6%	23.8%	23.6%	23.6%
EBIT margin %	27.9%	24.3%	23.5%	21.6%	21.8%	22%	21.8%	21.8%
PAT margin %	21.3%	19.5%	18.1%	17.1%	17%	17.3%	16.6%	16.6%
Working capital
Receivable days	—	—	27	27	30	30	30	—
Inventory days	—	—	87	78	74	70	68	—
Payable days	—	—	110	99	98	94	98	—
NWC days	—	—	4	6	6	6	0	—
Leverage
Current ratio	—	—	2.17	2	1.91	2.02	1.66	—
Debt to EBITDA	—	—	0	0	0	0	0	—
Debt to equity	—	—	0	0	0	0	0	—
Interest coverage	956.8	188	429.9	273.5	157.9	135.1	141.5	141.5
Asset turnover	—	—	1.55	1.56	1.48	1.48	1.69	—
Return ratios
Return on assets %	—	—	28%	26.6%	25.3%	25.5%	28%	—
Return on capital employed %	—	—	61.8%	60.6%	57.2%	55.5%	60.4%	—
Return on equity %	—	—	46.1%	43.2%	40.7%	40.7%	50%	—

8 deals · 26 Dec 2023 – 6 Mar 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
6 Mar 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	74,34,330	₹242.68	₹180.42 Cr
6 Mar 2025	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	74,34,330	₹242.61	₹180.36 Cr
4 Jul 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	51,07,122	₹248.81	₹127.07 Cr
4 Jul 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	51,07,122	₹248.63	₹126.98 Cr
3 Jul 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	87,25,908	₹236.26	₹206.16 Cr
3 Jul 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	87,25,908	₹236.14	₹206.05 Cr
26 Dec 2023	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	51,20,555	₹174.40	₹89.30 Cr
26 Dec 2023	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	51,20,555	₹174.44	₹89.32 Cr

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024	Dec 2025	Mar 2026
	664	608	549	879	893	630	916	853	1,044	1,090	1,090
	-33	151	66	-448	-201	-83	62	-251	-267	199	199
	-568	-656	-567	-628	-564	-558	-608	-664	-819	-1,315	-1,315
Net cash flow	63	104	48	-196	128	-10	370	-62	-42	-26	-26
Free cash flow	—	608	—	—	893	547	806	758	951	993	993
CFO / Operating profit %	—	—	51.3%	76.3%	109.7%	59.1%	82.4%	71.2%	81.7%	80.9%	80.9%

Castrol India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Announcements

Not in the F&O segment

41

1

3

Announcements

Annual reports

Investor Presentation and earnings call

Compounded sales growth

Compounded profit growth

Return on equity

Castrol India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Dividends41

Board meetings1

Bonus issues3

Bulk & block deals

Board and management

Announcements

Annual reports

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

41

1

3