Castrol India Ltd
About
Castrol India is a part of the British multinational oil and gas company, BP Group. The company was founded by Charles Wakefield to develop lubricants for automobile and aeroplane engines. In India, the company is led by Kedar Lele and headquartered in Mumbai. It produces oils and lubricants for compressors, hydraulic systems, engines, and automobiles. Castrol products can be used in industries like power generation, data centres and IT cooling, food and beverages, mining, pulp and paper, and oil and gas. In addition to land vehicles, its products have been used to lubricate jet engines and cabin superchargers and develop jet turbine oil. Its subsea control fluids can perform up to 3000 m below sea level and in temperatures as low as -60°C. In lieu of increasing use of EVs, the company has extended its portfolio to include EV transmission fluids, thermal fluids, and greases.
Featured In Fortune India Ranking
Financial Data 2023
Fortune India Coverage
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 5169 6.1% | 4870 14.5% | 4253 37.9% | 3083 -20.3% | 3866 -4.6% | 4053 10.3% | 3673 5.8% | 3473 2.8% | 3379 -1.3% | 3424 3.2% | 3317 3.5% | 3205 3.6% | 3093 8.0% | 2865 19.2% | 2404 3.7% | 2317 - |
| Net Operating Income (INR Cr) | 5075 6.29% | 4774 13.89% | 4192 39.88% | 2997 -22.70% | 3877 -0.71% | 3905 8.93% | 3584 6.35% | 3370 2.19% | 3298 -2.78% | 3392 6.69% | 3180 1.88% | 3121 4.26% | 2993 6.83% | 2802 17.21% | 2391 5.67% | 2262 15.07% |
| Profit (INR Cr) | 864 6.0% | 815 7.5% | 758 30.1% | 583 -29.5% | 827 16.8% | 708 2.4% | 692 3.2% | 670 9.0% | 615 29.7% | 475 -6.7% | 509 13.7% | 447 -7.0% | 481 -1.9% | 490 28.7% | 381 45.2% | 262 - |
| Assets (INR Cr) | 2222 13.5% | 1959 16.8% | 1676 15.9% | 1447 4.2% | 1388 17.5% | 1182 14.0% | 1036 4.1% | 996 68.6% | 591 15.7% | 510 -33.3% | 765 15.7% | 661 6.6% | 620 12.0% | 554 11.8% | 495 3.5% | 478 - |
| Net Worth (INR Cr) | 2122 12.5% | 1886 14.6% | 1646 16.4% | 1414 3.5% | 1367 17.3% | 1166 14.3% | 1020 3.9% | 982 70.5% | 576 15.9% | 497 -33.9% | 751 15.7% | 649 7.5% | 604 9.2% | 554 11.8% | 495 4.1% | 476 10.6% |
| Employee Cost (INR Cr) | 292 7.0% | 273 17.5% | 232 5.5% | 220 3.2% | 213 4.8% | 203 4.0% | 196 9.9% | 178 0.8% | 177 9.3% | 162 10.7% | 146 13.7% | 128 10.8% | 116 16.8% | 99 -5.0% | 105 15.1% | 91 - |
| Interest Cost (INR Cr) | 8 | 4 | 2 | 4 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 4 |
| Cash & Bank Balance (INR Cr) | 1200 | 1218 | 1300 | 1274 | 946 | 744 | 784 | 822 | 697 | 431 | 594 | 575 | 549 | 619 | 526 | 256 |
| Total Debt (INR Cr) | 77 | 50 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 16.7% | 16.7% | 17.8% | 18.9% | 21.4% | 17.5% | 18.8% | 19.3% | 18.2% | 13.9% | 15.3% | 14.0% | 15.6% | 17.1% | 15.9% | 11.3% |
| Profit As % Of Assets | 38.9% | 41.6% | 45.2% | 40.3% | 59.6% | 60.0% | 66.8% | 67.3% | 104.2% | 93.0% | 66.5% | 67.7% | 77.6% | 88.6% | 77.0% | 54.9% |
| Profit As % Of Networth | 40.7% | 43.2% | 46.1% | 41.2% | 60.5% | 60.8% | 67.8% | 68.3% | 106.9% | 95.5% | 67.7% | 68.9% | 79.6% | 88.6% | 77.0% | 55.2% |
| Interest Cost to EBITDA % | 0.6% | 0.4% | 0.2% | 0.5% | 0.1% | 0.1% | 0.1% | 0.2% | 0.1% | 0.3% | 0.3% | 0.3% | 0.3% | 0.3% | 0.6% | 0.9% |
| Debt to Equity Ratio | 0.04 | 0.03 | 0.00 | - | - | - | - | - | - | - | - | - | - | - | - | 0.01 |
| RONW | 43.1% | 46.2% | 49.6% | 41.9% | 65.3% | 64.8% | 69.1% | 86.1% | 114.8% | 76.0% | 72.6% | 71.4% | 83.1% | 93.5% | 78.5% | 57.9% |
| ROCE | 56.9% | 60.4% | 66.1% | 55.7% | 89.4% | 99.2% | 105.5% | 131.4% | 172.9% | 114.3% | 107.1% | 104.4% | 122.3% | 141.2% | 120.0% | 91.2% |