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Castrol India Ltd share Price Today

Company details

197.75
204.50
107.40
213.80
6M Return 37.53%
1Y Return 66.00%
Mkt Cap.(Cr) 19,629.13
Volume 2,870,523
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,870,523

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Base oil costs trend key monitorable…
About The Stock

    Castrol India, a subsidiary of BP, operates in the lubricants business and caters to automotive and industrial segments.

    • Automotive segment volumes contribute 80-85% of total sales volume
    • Castrol has high pricing power and commands premium for its products
Q1CY22

    Q1CY22 earnings were driven by higher realisation YoY.

    • Revenue was up 8.5% YoY to ₹ 1235.7 crore, driven by higher realisation
    • Gross margins were up ~4.5% YoY to ₹ 105.1/litre, on account of higher realisation. EBITDA/litre was at ₹ 53.8/litre, down ~3.6% YoY as the company reported higher employee and other expenses
    • EBITDA was at ₹ 317.2 crore, down 6.7% YoY. Subsequently, PAT declined 6.2% YoY to ₹ 228.4 crore

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Oil Marketing & Distribution company Castrol India announced Q4CY23 & CY23 results:

  • Q4CY23
    • For Q4, from October to DecemberCY23, the Company registered Revenue from Operations of Rs 1,264 crore, achieving a growth of 7% over Rs 1,176 crore in Q4CY22.
    • Profit Before Tax for Q4CY23 stood at Rs 324 crore, marking a gain of 31% from Rs 248 crore in Q4CY22. The Profit After Tax for Q4CY23 stood at Rs 242 crore, registering a growth of 25% from Rs 193 crore in Q4CY22.
  • CY23:
    • For CY23, the Company registered Revenue from Operations of Rs 5,075 crore, recording a strong growth of 6% over Rs 4,774 crore in CY22.
    • Profit Before Tax for CY23 stood at Rs 1,181 crore, marking a growth of 8% from Rs 1,093 crore in CY22.
    • The Profit After Tax for CY23 stood at Rs 864 crore, making a growth of 6% from Rs 815 crore in CY22.
  • The Company’s Board of Directors recommended a final dividend of Rs 4.50/- per equity share of the face value of Rs 5/- each for the financial year ended CY23 subject to approval by the Shareholders at the 46th Annual General Meeting. This takes the total dividend for CY23 to Rs 7.5/- per share.

Commenting on the annual performance and Q4CY23 results, Sandeep Sangwan, Managing Director, Castrol India, said, “In CY23, we navigated strategic landscapes with precision, driving robust top-line and bottom-line growth by deftly balancing volume, margin, and unwavering cost management. Our bonds with the trucking community, auto dealers, and consumers strengthened, fueled by the triumph of the #BadhteRahoAagey campaign—an anthem of empowerment for the trucking sector. Pragati Ki Paathshaala, our ongoing on-ground initiative, aspires to be the heartbeat of skill development and entrepreneurship among truckers nationwide.”

“In the realm of two-wheelers, Castrol POWER1's 'India’s ULTIMATE Motostar' sought to discover the nation's top motorsports talent. As for four-wheelers, our Castrol Auto Service centers, now totaling 450 , provide reliable service across India. Expanding our reach into rural Bharat, we enhanced product availability to 32,000 outlets deep in the hinterland. The launch of our auto care products gained momentum, now accessible in 21,000 outlets and embraced by trade and consumers alike. Direct consumer outreach, especially through e-commerce platforms, has yielded a positive impact,” he added.

Deepesh Baxi, Chief Financial Officer, Castrol India, shared his thoughts on how he sees the next year panning out. “In 2024, we will boldly navigate through challenges and capitalise on opportunities. Despite economic uncertainties, we see steady inflation and a positive shift in consumer confidence. Our focus on resilient manufacturing remains unwavering, with a keen eye on global risks. We move ahead with confidence, investing in our brands and innovations. Castrol is well-positioned to thrive, embracing smart factories and adapting to evolving market trends.”

 

Result PDF

View Other Company Results

Castrol India Ltd shares SWOT Analysis

Strengths (7)

  • Growth in Net Profit with increasing Profit Margin (QoQ)
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
  • Company with No Debt

Weakness (5)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (1)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 202.7
R2 207.0
R3 209.5
Pivot

200.23

S1 196.0
S2 193.5
S3 189.2
EMA SMA
197.9
184.6
169.7
154.0
199.6
184.7
161.5
147.1
Delivery and volume
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
Name Category Shares
CASTROL LIMITED PROMOTER 51%

OUR RESEARCH VIEW

Investment recommendation
Base oil costs trend key monitorable…
Call Date
03 Aug 2022
Entry Price 115.00
Target Price 125.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Castrol India Ltd Stocks COMPARISON

Financials( in Cr) Castrol India Ltd Pidilite Industries Ltd SRF Ltd Linde India Ltd Gujarat Fluorochemicals Ltd
Price 198.45 2,717.40 2,400.55 5,530.00 3,698.25
% Change -2.86 -0.83 0.62 -0.36 2.97
Mcap Cr 19,629.13 138,209.41 71,158.30 47,162.05 40,625.28
Revenue TTM Cr 4,774.49 11,799.10 14,870.25 3,135.52 5,684.66
Net Profit TTM Cr 815.15 1,288.87 2,162.34 538.06 1,323.05
PE TTM 22.71 80.65 48.20 110.35 60.99
1 Year Return 66.00 19.81 7.04 43.95 20.65
ROCE 60.35 24.24 21.98 16.29 29.38
ROE 46.16 18.93 22.89 14.70 27.07
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,886.03 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,379.14 -4,951.04
LAST 3M 64,932.94 -24,615.54
LAST 6M 121,084.62 11,204.74
LAST 12M 182,696.87 179,009.17
Castrol India Limited - Other General Purpose

Feb 22, 2024 l NSE Announcement

Castrol India Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Feb 21, 2024 l NSE Announcement

Date Action Type Ratio
Mar 21, 2024 Dividend 90
Aug 08, 2023 Dividend 60
May 04, 2023 Dividend 70

Castrol India Ltd Information

Stock PE (TTM)
22.71
Promoter Holding
51%
Book Value
21.4502
ROCE
60.35%
ROE
46.16%
Description
  • 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.

Registered Address

Technopolis Knowledge Park, Mahakali Caves Road Andheri(E), Mumbai, Maharashtra, 400093

Tel : 91-22-66984100
Email : investorrelations.india:castrol.com
Website : http://www.castrol.co.in
Registrar

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 Shares

You 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 Feb 26, 2024 03:59 PM the closing price of Castrol India Ltd was ₹ 198.45.

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 Feb 26, 2024 03:59 PM, the market cap of Castrol India Ltd stood at ₹ 19,629.13.

The latest PE ratio of Castrol India Ltd as of Feb 26, 2024 03:59 PM is 22.71

The latest PB ratio of Castrol India Ltd as of Feb 26, 2024 03:59 PM is 0.11

The 52-week high of Castrol India Ltd is ₹ 213.80 while the 52-week low is ₹ 107.40

According to analyst recommendations, Castrol India Ltd has a “Buy” rating for the long term.

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