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Castrol India Ltd.

CASTROLINDEnergy filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

16 transcript(s)/analyst meet(s) served; 4 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 16 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
TRANSCRIPT202205062022-03-31yes
TRANSCRIPT202208052022-06-30yes
TRANSCRIPT202211042022-09-30yes
TRANSCRIPT202302202022-12-31yes
TRANSCRIPT202311032023-03-31yes
TRANSCRIPT202402062023-03-31yes
TRANSCRIPT202308022023-06-30yes
DUPLICATE202408052023-09-30no
DUPLICATE202410302023-12-31no
TRANSCRIPT202405062024-03-31yes
TRANSCRIPT202408052024-06-30yes
TRANSCRIPT202410302024-09-30yes
TRANSCRIPT202508112024-09-30yes
TRANSCRIPT202502062024-12-31yes
TRANSCRIPT202511112024-12-31yes
TRANSCRIPT202505052025-03-31yes
TRANSCRIPT202602092025-03-31yes
TRANSCRIPT202605042025-06-30yes
UNRESOLVED202605042025-06-30no
DUPLICATE202608102025-09-30no
TRANSCRIPT202608102026-03-31yes

CASTROLIND

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedstandalone
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close194.80
52-week range173.52 – 203.9
Return 1M4.24%
Return 3M5.09%
Return 1Y-3.92%
Return 3Y41.26%
Return 5Y40.04%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations1,871.00
Other income14.00
Total income1,885.00
Cost of materials consumed940.00
Purchases of stock-in-trade89.00
Changes in inventories-108.00
Employee benefit expense107.00
Finance costs2.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.510.00
institutions foreign0.08-0.00
institutions domestic0.14-0.00
mutual funds0.03-0.00
public0.490.00

Documents on file

ClassMost recentOn file
DUPLICATE2025-09-303
TRANSCRIPT2026-03-3117
UNRESOLVED2025-06-301

Financial statements

Filed results, standalone, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations1,121.001,176.001,294.001,334.001,183.001,264.001,325.001,398.001,288.001,354.001,422.001,497.001,363.001,440.001,545.001,871.00
Other income19.0020.0018.0019.0020.0022.0024.0020.0021.0023.0032.009.0012.0014.0023.0014.00
Total income1,140.001,196.001,312.001,352.001,203.001,286.001,349.001,418.001,309.001,377.001,454.001,506.001,375.001,454.001,569.001,885.00
Cost of materials consumed576.00566.00640.00634.00568.00565.00640.00676.00619.00571.00706.00698.00636.00616.00766.00940.00
Purchases of stock-in-trade73.0043.0088.0050.0052.0050.0058.0070.0056.0053.0069.0064.0066.0055.0074.0089.00
Changes in inventories-37.0035.00-43.0020.006.005.00-7.00-28.00-2.0023.00-36.0010.00-18.0054.00-53.00-108.00
Employee benefit expense63.0073.0078.0067.0069.0077.0077.0077.0081.0077.0068.0079.0079.0071.0090.00107.00
Finance costs1.002.002.001.002.002.002.003.002.003.002.003.002.002.002.002.00
Depreciation and amortisation21.0021.0023.0022.0023.0025.0024.0026.0025.0025.0025.0027.0025.0024.0028.0030.00
Other expenses189.00209.00236.00252.00219.00237.00264.00279.00248.00255.00308.00297.00277.00276.00339.00350.00
Total expenses886.00948.001,023.001,047.00940.00962.001,057.001,104.001,029.001,006.001,142.001,177.001,067.001,099.001,245.001,409.00
Profit before exceptional items and tax254.00248.00288.00305.00264.00324.00292.00314.00280.00371.00313.00330.00308.00355.00323.00476.00
Exceptional items0.000.000.000.000.000.000.000.000.000.000.000.000.00-23.000.000.00
Profit before tax254.00248.00288.00305.00264.00324.00292.00314.00280.00371.00313.00330.00308.00332.00323.00476.00
Current tax69.0046.0088.0082.0072.0084.0078.0084.0075.00100.0082.0087.0081.0093.0077.00132.00
Deferred tax-3.009.00-2.00-2.00-3.00-1.00-3.00-2.00-2.00-0.00-2.00-1.00-1.00-6.004.00-3.00
Tax expense67.0055.0086.0080.0069.0082.0076.0082.0073.00100.0079.0086.0080.0088.0081.00128.00
Profit for the period187.00193.00202.00225.00194.00242.00216.00232.00207.00271.00233.00244.00228.00245.00242.00348.00
Other comprehensive income0.00-1.000.00-3.000.000.00-1.000.000.00-1.00-0.000.000.00-44.001.00-66.00
Total comprehensive income187.00192.00202.00222.00194.00242.00216.00232.00207.00271.00233.00244.00228.00200.00243.00282.00
Earnings per share, basic1.891.952.052.281.972.452.192.352.102.742.362.472.302.472.453.51
Earnings per share, diluted1.891.952.052.281.972.452.192.352.102.742.362.472.302.472.453.51

Annual results, as filed

Line2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Revenue from operations3,905.003,877.002,997.004,192.004,774.005,075.005,365.005,722.00
Other income84.0065.0062.0048.0067.0083.0089.0067.00
Total income3,989.003,942.003,059.004,240.004,842.005,158.005,453.005,789.00
Cost of materials consumed1,758.001,488.001,174.001,879.002,279.002,407.002,506.002,656.00
Purchases of stock-in-trade213.00184.00116.00192.00249.00241.00237.00254.00
Changes in inventories-65.0076.00-24.00-12.00-28.00-11.00-14.0010.00
Employee benefit expense203.00213.00220.00232.00273.00292.00313.00296.00
Finance costs1.001.004.002.004.008.009.009.00
Depreciation and amortisation56.0070.0087.0083.0081.0092.00100.00101.00
Other expenses724.00763.00697.00835.00891.00949.001,046.001,158.00
Total expenses2,890.002,795.002,274.003,211.003,749.003,977.004,196.004,484.00
Profit before exceptional items and tax1,098.001,147.00785.001,029.001,093.001,181.001,258.001,305.00
Exceptional items0.000.000.000.000.000.000.00-23.00
Profit before tax1,098.001,147.00785.001,029.001,093.001,181.001,258.001,282.00
Current tax388.00323.00207.00280.00274.00326.00337.00343.00
Deferred tax2.00-4.00-5.00-9.003.00-9.00-6.00-11.00
Tax expense390.00320.00202.00271.00278.00317.00330.00332.00
Profit for the period708.00827.00583.00758.00815.00864.00927.00950.00
Profit attributable to owners0.000.00——————
Profit attributable to non-controlling interests0.000.00——————
Other comprehensive income-1.00-4.004.00-1.00-1.00-3.00-1.00-44.00
Total comprehensive income707.00823.00587.00757.00814.00861.00926.00905.00
Earnings per share, basic7.168.365.897.668.248.749.379.60
Earnings per share, diluted7.168.365.897.668.248.749.379.60

Balance sheet, as filed

Line2022-12-312023-06-302023-12-312024-06-302024-12-312025-06-302025-12-312026-06-30
Total assets3,069.003,118.003,420.003,478.003,635.003,272.003,395.003,880.00
Non-current assets835.001,003.001,096.001,061.001,072.001,070.001,050.001,005.00
Current assets2,234.002,115.002,324.002,416.002,563.002,202.002,345.002,874.00
Property, plant and equipment257.00254.00257.00300.00317.00317.00333.00347.00
Capital work-in-progress61.0057.00108.0046.0060.0050.0072.0056.00
Goodwill0.000.000.000.000.000.000.000.00
Other intangible assets4.003.002.001.002.001.001.001.00
Inventories534.00526.00533.00467.00524.00612.00546.001,042.00
Trade receivables350.00470.00423.00521.00438.00562.00473.00758.00
Cash and cash equivalents554.00635.00493.00486.00453.00721.00427.00492.00
Total equity and liabilities3,069.003,118.003,420.003,478.003,635.003,272.003,395.003,880.00
Equity1,886.001,974.002,122.002,133.002,278.001,819.001,900.001,909.00
Equity share capital495.00495.00495.00495.00495.00495.00495.00495.00
Other equity1,391.001,480.001,627.001,639.001,784.001,324.001,406.001,414.00
Total liabilities1,183.001,144.001,298.001,344.001,357.001,454.001,495.001,971.00
Non-current liabilities64.0078.0083.0078.0087.0078.0086.0069.00
Current liabilities1,119.001,066.001,215.001,267.001,270.001,375.001,408.001,902.00
Borrowings, non-current0.000.000.000.000.000.000.000.00
Borrowings, current0.000.000.000.000.000.000.000.00
Trade payables679.00587.00706.00718.00704.00770.00786.001,213.00

Cash flow, as filed

Line2022-12-312023-06-302023-12-312024-06-302024-12-312025-06-302025-12-312026-06-30
Net cash from operating activities916.00310.00853.00527.001,044.00413.001,090.00308.00
Net cash from investing activities62.00123.00-251.00-78.00-267.00810.00199.00290.00
Net cash from financing activities-608.00-353.00-664.00-456.00-819.00-954.00-1,315.00-533.00
Purchase of property, plant and equipment110.0052.0096.0051.0093.0041.0097.0084.00
Net increase in cash370.0080.00-62.00-7.00-42.00268.00-26.0066.00
con:CFO.BEFORE_TAX1,190.00440.001,172.00651.001,358.00564.001,438.00460.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING274.00129.00319.00124.00314.00151.00348.00152.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.000.00162.000.000.000.000.000.00
con:INVESTMENTS_SOLD0.000.000.000.000.000.000.000.00
con:PPE_DISPOSALS0.000.004.000.000.003.003.000.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Promoter and promoter group51.0051.0051.0051.0051.0051.0051.0051.0051.0051.000.510.510.510.51
Domestic institutions16.5716.5216.5115.9216.3716.1115.1814.4714.5814.930.150.150.150.14
Mutual funds—————————2.690.030.030.030.03
Insurance companies13.7513.6113.4913.5414.1513.3912.4812.2112.0512.210.120.120.110.11
Foreign institutions11.4411.4110.9610.389.519.9810.059.5210.6510.310.100.100.080.08
Government—————————0.000.000.000.000.00
Public49.0049.0049.0049.0049.0049.0049.0049.0049.0049.000.490.490.490.49
Non-institutional20.9921.0621.5322.7023.1122.9023.7725.0123.7823.760.240.250.260.26
Shares outstanding989122384989122384989122384989122384989122384989122384989122384989122384989122384989122384989122384989122384989122384989122384

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-12-31, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Castrol Limited U.KHolding CompanyAny other transaction, Dividend paid2,437,200,000.002
Castrol Belgium BvFellow subsidiaryPurchase of goods or services167,200,000.001
Castrol Germany GmbhFellow subsidiaryAny other transaction, Purchase of goods or services145,900,000.002
Bp PlcUltimate Holding CompanyAny other transaction138,300,000.001
KI MOBILITY Solutions Private LimitedPrivate Company in which Mr. SandeAny other transaction, Sale of goods or services110,200,000.004
Reliance BP Mobility LimitedCIL is a supplier to Jio-bp. Jio-bAny other transaction, Sale of goods or services91,100,000.002
Bp International LimitedFellow subsidiaryAny other transaction77,900,000.006
Bp Business Solutions India Private LtdFellow subsidiaryAny other transaction76,300,000.001
Directors and KMPsDirectors and KMPsRemuneration63,300,000.001
Bp Lubricants Usa IncFellow subsidiaryPurchase of goods or services57,500,000.001
Castrol India Ltd. Employees' Provident FundOther related partyAny other transaction54,200,000.001
Castrol France SasFellow subsidiaryAny other transaction, Purchase of goods or services51,600,000.002
Bp India Private LimitedFellow subsidiaryAny other transaction42,400,000.003
Lubricants Uk LimitedFellow subsidiaryAny other transaction26,400,000.004
Castrol India Ltd. Employees' Gratuity FundOther related partyAny other transaction26,400,000.002

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-10FYFY26Read the call
2026-02-09Q4FY25INDIA LIMITEDRead the call
2025-11-11Q3FY25INDIA LIMITEDRead the call
2025-08-11Q2FY25INDIA LIMITEDRead the call
2025-05-05Q4FY25INDIA LIMITEDRead the call
2025-02-06Q3FY25INDIA LIMITEDRead the call
2024-10-30Q2FY25CASTROL INDIA LIMITEDRead the call
2024-08-05Q1FY25CASTROL INDIA LIMITED, Deepesh Baxi:, and doing well.Read the call
2024-05-06FYFY24CASTROL INDIA LIMITEDRead the call
2024-02-06FYFY23CASTROL INDIA LIMITEDRead the call
2023-11-03FYFY23CASTROL INDIA LIMITEDRead the call
2023-08-02Q1FY24CASTROL INDIA LIMITEDRead the call
2023-02-20Q3FY23CASTROL INDIA LIMITEDRead the call
2022-11-04Q2FY23=CastrolRead the call
2022-08-05Q1FY23CASTROL INDIA LIMITED.Read the call
2022-05-06Q4FY22COMPLIANCE OFFICER, MS. NILANJANA DEBRead the call

What they said about it, quarter by quarter

TopicQ1FY24Q1FY25Q2FY23Q2FY25Q3FY23Q3FY25Q4FY22Q4FY25
Capex———28 October 2024 can we do differently more in a different area of diversification in order, I mean, that's a capex, which is a part of the board discu…—So if we work through the capital frame, and this is our projection for the organic capex, which we will grow next year, and our dividend policy and o…And these are all organic ways of deploying our cash for CAPEX to make sure that there is a growth that gets in return for the volumes.And I think you've mentioned FY -- CY '25 capex to be somewhere at around INR130 crores, INR140 crores.
Capital allocation—And the Board of Directors in the meeting yesterday declared an interim dividend of INR3.5 per share, which will be paid on or before 28th August 2024…—Sir, you mentioned about 88% of our cash profit being -- our profit after tax being shared with your investors, but taking into account the tax regime…February 13, 2023 In addition to an interim dividend of INR 3 per equity share, the company's Board of Directors in the meeting held today have recomm…One other thing you might want share about our business is, while we have the automotive business, and we also have the retail business, we also have …Sir, given that we have a high dividend payout and in our current Indian -- according to our current Indian tax laws, won't dividend be a much more ef…In recognition of this performance, the Board has recommended a final dividend of INR5.25 per share, taking the total dividend for the year to INR8.75…
CostsWe continue to explore raw material optionality to reduce carbon footprint and our 3 state-of-the-art plants in Paharpur, Patalganga and Silvassa cont…Potential stabilization of input costs in the later half of the year could signal a positive trend for the industry.So there have been various cost buckets in which we've been able to pull levers and have some sustainable cost savings.And can you comment on the raw material part?Coming to the cost pressures on additives, I think cost is a combination of multitude of factors.And also, just wanted to understand in case of the increase in crude prices or in case of increase Castrol India Limited 4 February 2025 in the crude-…If you could just help us understand how the raw material scenario is panning out obviously in this quarter on a blended basis.As competitive intensity continues, raw material movement and currency volatility persisted through the year.
Debt and cash——So inventory management, I mean first, inventory management is just one part of the overall working capital and we operate on a negating working capit…So firstly, we manage our working capital and cash deliveries really, really well.—So we don't need to hold on to that in our working capital or in our storage.Sir, wanted to check how your working capital is being handled in the sense because of the uncertainty, which is prevailing with of tonnage, in tonnag…From a balance sheet and cash flow perspective, the business continues to remain strong and resilient, supported by healthy cash generation and contin…
DemandAugust 01, 2023 Brokers, as I said, which help drive demand into these workshops and increase traffic in these workshops.We launched three new variants of Castrol EDGE, an on-demand performance product range through a 360-degree marketing campaign featuring Shah Rukh Kha…—And on demand side, our business is more -- not more, almost 100% driven by domestic demand.—Sir, as you mentioned that going forward, not very nearby, but going forward, there will be some demand that might flow from the EV space as well.So, could you please delve a bit deeper into how many products we are offering, what is their purpose, their consumable and replacement cycles so that…But any broad -- I mean, like sort of percentage bifurcation we have -- can we have between the urban and the rural sort of demand that we are seeing …
GuidanceAnd in third quarter, we expect to further increase that number through providing more trainings.And by when do we expect that this product could be available here in India?Cars has grown, and I think if I look at '23, we expect the market to be growing at about 4%-odd.And we expect that we will -- so this time, we ended up with about 22.5%.—So just want the guidance on how the volume should grow going forward for next 2 to 3 years?Can we expect any product line this year regarding EV fluids?The EBITDA margin that you're talking about is, of course, at the lower end of the guidance that we have given for a while now, which is 22% to 24%-od…
MarginAugust 01, 2023 product mix that you're selling, is it going to lead to EBITDA margin compression further or is it this is where you believe it will n…31 July 2024 So that's why we want to grow volumes, we want to grow margins, bottom line, but we also said that we want to operate in a 22% to 25% EBI…I mean if you look in relation to the mix especially with the personal mobility being around 50% of the volume, that segment historically has the high…So we are not going -- we are not seeing any margin improvement on account, because of the long-term contracts, offtake contracts we have or how shoul…So I think to give any projections on margin right now is very difficult because we are also in the establishment and growing phase.And if you look at for the quarter, the margin we have almost hit the all-time high EBITDA level.As far as margin is concerned, I think we always share that we take a more broader and strategic look to the pricing, so we were able to manage that.And we are the market leaders, absolutely market leaders when it comes to 2-wheeler brands that we've got and by a sizable margin, and that's why I'm …
People—So how do you think these kind of advertisement spends will help you in when to take us, say, hiring Shah Rukh Khan, etcetera?————I was explaining the cash utilization from a point of view that there are a lot of opportunities that are available in the market to effectively utili…—
PricingSecond is, if you remember, last year, there was a lot of inflation, a lot of cost pressures, and we had to take multiple price increases to protect o…So let me -- so first of all, we have a pricing strategy, okay, in terms of where we want to operate versus the market and versus our competition.In fact August, September have been very heavy and this year we've taken three price increases just to manage our margins and volume balance.And that, I think we are able to manage with necessary pricing in the market.So that is a strategic pricing decision that we take looking at not just one quarter, but at least a full year view going forward.So for that, I think we have a sort of pricing strategy in place if we need to input into the market.And just to understand, sir, I think the peak pricing for base oils in the previous year reached to about Rs.With that, we should be able to project a number, though with low correlation of base oil pricing also.
Revenue growthFirst was, you said the revenue growth of 7% Y-o-Y, how much of this was the volume growth?Our strong performance this quarter was driven by strategic brand and marketing investments, continued innovation in our products and services along w…—EBITDA stood at INR349 crores, representing a growth of 8%.If I look at full year number, is it fair understanding that the larger -- see, top line has grew almost 13%, 15%.Sir, you mentioned that you expect a volume growth of 4% to 5%.But our intent is to continue growing the top line, keep protecting the margins and deliver a healthy bottom line for our shareholders and that's some…So Q4 tends to be higher profitability with like-for-like business and Q1 over Q1 is a true comparison of performance, which, in my opinion, this quar…