Castrol India Ltd - Stock Valuation and Financial Performance

BSE: 500870 | NSE: CASTROLIND | Lubricants | Small Cap

Castrol India Share Price

224.65 4.35 1.97%
as on 12-Apr'24 10:20

DeciZen - make an informed investing decision on Castrol India

Overall Rating
Bole Toh

1. Quality

2. Valuation


3. Price Trend

Castrol India stock performance -

mw4me loader
P/E Ratio (SA):
Market Cap:
21,790.4 Cr.
52-wk low:
52-wk high:

Is Castrol India Ltd an attractive stock to invest in?

1. Is Castrol India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Castrol India Ltd is a good quality company.

2. Is Castrol India Ltd undervalued or overvalued?

The key valuation ratios of Castrol India Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Castrol India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Castrol India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Castrol India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Castrol India Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

ROCE % 77%115.3%85.4%68.2%64.7%65.6%42%50%46.3%43.2%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 3,3923,2983,3703,5843,9053,8772,9974,1924,7745,0755,075
Sales YoY Gr.--2.8%2.2%6.4%8.9%-0.7%-22.7%39.9%13.9%6.3%-
YoY Gr.-29.1%7.4%2.8%3.5%17.5%-30%31.5%6.7%5.5%-
BVPS (₹) 55.89.910.211.613.614.116.218.520.720.7
Adj Net
Cash Flow from Ops. 548740664608549879893630916853-
Debt/CF from Ops. 0000000000-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.6%5.4%19.2%6.3%
Adj EPS 6.7%4%14%5.5%
Share Price 4% 6.2% 22.4% 96.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.19%

Net Profit is growing at healthy rate in last 3 years 13.97%

Return on Equity has declined versus last 3 years average to 42.30%

Sales growth is not so good in last 4 quarters at 6.28%

Latest Financials - Castrol India Ltd.

Standalone Consolidated
TTM EPS (₹) 8.7 -
TTM Sales (₹ Cr.) 5,075 -
BVPS (₹.) 20.7 -
Reserves (₹ Cr.) 1,548 -
P/BV 10.67 -
PE 25.22 -
From the Market
52 Week Low / High (₹) 111.75 / 230.00
All Time Low / High (₹) 1.92 / 272.00
Market Cap (₹ Cr.) 21,790
Equity (₹ Cr.) 494.6
Face Value (₹) 5
Industry PE 21.3

Management X-Ray of Castrol India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Castrol India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
Operating Expenses 2,6762,4032,3712,5512,8342,7242,1833,1263,6633,877
Manufacturing Costs342348177182202208168202213224
Material Costs1,7321,4131,5321,6661,9071,7481,2662,0592,5002,636
Employee Cost 162177178196203213220232273292
Other Costs 439465485508522555528633678725
Operating Profit 7178959991,0331,0711,1538141,0661,1111,198
Operating Profit Margin (%) 21.1%27.1%29.7%28.8%27.4%29.7%27.2%25.4%23.3%23.6%
Other Income 48968784846562486783
Interest 2111114248
Depreciation 36394546567087838192
Exceptional Items 0000000000
Profit Before Tax 7269511,0401,0701,0981,1477851,0291,0931,181
Tax 252336370378390320202271278317
Profit After Tax 475615670692708827583758815864
PAT Margin (%) 14.0%18.7%19.9%19.3%18.1%21.3%19.5%18.1%17.1%17.0%
Adjusted EPS (₹)
Dividend Payout Ratio (%)78%72%81%100%70%66%93%72%79%86%

Balance Sheet

(All Figures are in Crores.)

Equity and Liabilities

Shareholders Fund 4975769751,0101,1511,3481,3901,6041,8252,043
Share Capital 247247247495495495495495495495
Reserves 2503287285156568538961,1091,3301,548
Minority Interest0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables538541497607584472546621679706
Others Liabilities 395495350305319351395408497593
Total Liabilities 1,4301,6121,8211,9222,0542,1702,3312,6333,0003,342

Fixed Assets

Gross Block376392193221307367426431528558
Accumulated Depreciation2042364481120167217217243299
Net Fixed Assets172155148140186200209214285259
CWIP 163637573527445061108
Investments 00000000325488
Trade Receivables272236255285392482180312350423
Cash Equivalents 4316978227847449461,2741,3001,2181,200
Others Assets174182215335240210257265227331
Total Assets 1,4301,6121,8211,9222,0542,1702,3312,6333,0003,342

Cash Flow

(All Figures are in Crores.)
Cash Flow From Operating Activity 548740664608549879893630916853
PBT 7269511,0401,0701,0981,1477851,0291,0931,181
Adjustment 104-22-7-12943636661
Changes in Working Capital 5811325-65-14913304-18331-71
Tax Paid -247-328-379-389-400-309-240-280-274-319
Cash Flow From Investing Activity -142-3315166-448-201-8362-251
Capex -50-37-23-36-78-99-42-83-110-92
Net Investments 00-6214392-398-201-38127-205
Others 36395244524942384446
Cash Flow From Financing Activity -697-478-568-656-567-628-564-558-608-664
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -2-1-2-1-1-1-18-3-3-7
Dividend Paid -346-396-470-544-470-520-544-542-593-643
Others -348-81-96-111-97-107-2-13-11-14
Net Cash Flow -1632646310448-196128-10370-62
ROE (%)76.04114.7586.4769.765.5666.2242.5850.6447.5544.69
ROCE (%)116.76177.51133.81107.04100.690.6756.7867.4462.1159.32
Asset Turnover Ratio2.732.632.432.372.162.021.491.861.871.6
PAT to CFO Conversion(x)
Working Capital Days
Receivable Days23232222293736192328
Inventory Days33312827333337343638
Payable Days1071391241211141101471039596

Castrol India Ltd Stock News

Castrol India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Castrol India on 12-Apr-2024 10:20 is ₹224.7.
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 12-Apr-2024 10:20 the market cap of Castrol India stood at ₹21,790.4.
The latest P/E ratio of Castrol India as of 12-Apr-2024 10:20 is 25.22.
The latest P/B ratio of Castrol India as of 12-Apr-2024 10:20 is 10.67.
The 52-week high of Castrol India is ₹230.0 and the 52-week low is ₹111.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Castrol India is ₹5,075 ( Cr.) .

About Castrol India Ltd

Castrol was founded by Charles “Cheers” Wakefield under the name of ‘CC Wakefield & Company’. In 1899 Charles left a job at Vacuum Oil to start a new business selling lubricants for trains and heavy machinery.

Early in the new century, Wakefield took a personal interest in two sporty new motorised contraptions - the automobile and the aeroplane. The company started developing lubricants for these new engines, which needed oils that were runny enough to work from cold at start-up and thick enough to keep working at very high temperatures. Wakefield researchers found that adding a measure of castor oil, a vegetable oil made from castor beans, did the trick nicely. They called the new product “Castrol.” In 1919 John Alcock and Arthur Brown choose Castrol to lubricate their engine on the first trans-Atlantic flight.

Having helped pioneer a new kind of motor oil, CC Wakefield pioneered a new method of getting customers to notice the product: sponsorship. The Castrol name appeared on banners and flags at competitive aviation events, auto races and at attempts to break the land speed record.

By 1960, the name of the motor oil had all but eclipsed that of the company’s larger-than-life founder, and so ‘CC Wakefield& Company’ became, simply, Castrol Ltd. In 1966 The Burmah Oil Company bought Castrol and in 2000 Burmah-Castrol was purchased by BP.

Business area of the company

Castrol India is an India-based company engaged in providing coke and refined petroleum products. The company is involved in manufacturing lubricating oils.

Products offered by the company

  • Automotive lubricants
  • Industrial lubricants
  • Marine & energy lubricants



  • ‘Eklavya’, Castrol India’s programme on skill development for mechanics, was awarded the runners-up prize at FICCI CSR Awards 2017.
  • Castrol India received the Golden Peacock Special Commendation for Excellence in Corporate Governance 2017 at a special ceremony in the UK.
  • Castrol India Limited was recognized as Best Company in the ‘Specialty Oils and Lubricants’ sector at the Dun & Bradstreet Corporate Awards 2017.
    Castrol India’s road safety practices won the Best Practice Award at the Ramkrishna Bajaj ‘Making Quality Happen’ 2017 seminar.
  • Castrol India was winner of the INDIASTAR & PACMACHINE 2017 National Award in packaging design for the development of a unique e-promotional cap used in small retail packs.
  • Castrol India’s Silvassa plant was the recipient of the 16th Annual Greentech Safety Award for excellence in safety for the third consecutive year.


  • Castrol India was the winner of the IMC Ramkrishna Bajaj National Quality Awards 2018 in the manufacturing category.
  • Castrol India won the Golden Peacock Innovation Management Award 2018 for fostering a culture of innovativeness.
  • Castrol India’s Silvassa plant became the first lubricants plant in India to be awarded the coveted Ford Q1 Certification.
  • Castrol India’s Patalganga plant was the winner of the Golden Peacock Occupational Health & Safety Award 2018 in the industrial sector.
  • Castrol India’s Silvassa and Paharpur plants were the recipients of the 17th Annual Greentech Safety Award 2018. Silvassa plant (first from left) won it for the fourth consecutive year.


  • Castrol India’s manufacturing plants won several recognitions for their exemplary safety performance. The Patalganga plant was the winner of National Safety Council of India Award, the Paharpur plant received the Indian Chamber of Commerce National Occupational Health & Safety Gold Award (image on left) and the Silvassa plant received the GreenTech Safety Award for the fifth consecutive year.
  • Rashmi Joshi, Chief Financial Officer and Wholetime Director, Castrol India was awarded the overall winner of the Treasury Today Asia Woman of the Year Award at the Adam Smith Awards Asia 2019. She was recognized for demonstrating exceptional innovation in the corporate treasury domain.
  • Castrol CONNEKT digital tool won two awards at the ACEF Global Customer Engagement Awards in the category of Mobile Marketing for successful use of technology and marketing effectiveness.
  • Castrol CRB TURBOMAX Truck Aasana campaign was recognized across several national and international platforms, including a gold in the prestigious APAC Effie Awards 2019 in Automotive category (image on left), gold at the India Effie Award in the Automobiles and Experiential Marketing categories and at ACEF Global Customer Engagement Awards 2019 for PR effectiveness.
  • Castrol Sarathi Mitra, one of Castrol India’s flagship programmes for CSR, was recognized with the Grant Thornton SABERA Award 2019 for its positive impact towards the trucker community.
  • Kedar Apte, Vice President - Marketing, Castrol India was acknowledged as the CMO of the year for social responsibility at the Pitch CMO Awards 2020 for leadership in purpose-led marketing.


  • 2008: Castrol launched its Marine Bio range with improved environmental performance to help protect ocean life
  • 2012: NASA's Curiosity rover began its mission on Mars, lubricated by a Castrol grease
  • 2013: Castrol Industrial lubricates NASAs wheels of success-began its exciting mission on Mars in early August, an innovative Castrol Industrial lubricant called Castrol Braycote 601 EF helped ensure the smooth operation of Curiosity, from its wheels to its cameras
  • 2014: Castrol India and Triumph Motorcycles signed an agreement for a partnership in India.
  • 2015: Castrol launched Nexcel, an oil change system designed to reduce tailpipe emissions, recycle used oil and simplify oil changes
  • 2017: Castrol launched its first bio-synthetic engine oil with 25% renewable plant-based oil
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