NSEI:CASTROLIND

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Executive Summary

Castrol India Limited manufactures and markets automotive and industrial lubricants, and provides related services in India and internationally.


Snowflake Analysis

Flawless balance sheet with outstanding track record and pays a dividend.


Similar Companies

Share Price & News

How has Castrol India's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CASTROLIND's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.5%

CASTROLIND

5.2%

IN Chemicals

6.4%

IN Market


1 Year Return

-13.8%

CASTROLIND

1.1%

IN Chemicals

-16.2%

IN Market

Return vs Industry: CASTROLIND underperformed the Indian Chemicals industry which returned 1.1% over the past year.

Return vs Market: CASTROLIND exceeded the Indian Market which returned -16.2% over the past year.


Shareholder returns

CASTROLINDIndustryMarket
7 Day6.5%5.2%6.4%
30 Day3.5%5.2%8.4%
90 Day-10.6%-6.9%-8.9%
1 Year-12.0%-13.8%5.3%1.1%-14.6%-16.2%
3 Year-34.8%-39.7%22.4%15.2%-4.9%-9.9%
5 Year-34.7%-42.3%110.5%92.7%21.6%10.2%

Price Volatility Vs. Market

How volatile is Castrol India's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Castrol India undervalued compared to its fair value and its price relative to the market?

4.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CASTROLIND (₹122.8) is trading below our estimate of fair value (₹128.94)

Significantly Below Fair Value: CASTROLIND is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: CASTROLIND is poor value based on its PE Ratio (14.7x) compared to the Chemicals industry average (9.5x).

PE vs Market: CASTROLIND is poor value based on its PE Ratio (14.7x) compared to the Indian market (10.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CASTROLIND's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CASTROLIND is overvalued based on its PB Ratio (8.9x) compared to the IN Chemicals industry average (1x).


Next Steps

Future Growth

How is Castrol India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Castrol India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Castrol India performed over the past 5 years?

6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CASTROLIND has high quality earnings.

Growing Profit Margin: CASTROLIND's current net profit margins (21.3%) are higher than last year (18.1%).


Past Earnings Growth Analysis

Earnings Trend: CASTROLIND's earnings have grown by 6.9% per year over the past 5 years.

Accelerating Growth: CASTROLIND's earnings growth over the past year (16.8%) exceeds its 5-year average (6.9% per year).

Earnings vs Industry: CASTROLIND earnings growth over the past year (16.8%) exceeded the Chemicals industry 11.6%.


Return on Equity

High ROE: CASTROLIND's Return on Equity (60.5%) is considered outstanding.


Next Steps

Financial Health

How is Castrol India's financial position?


Financial Position Analysis

Short Term Liabilities: CASTROLIND's short term assets (₹18.4B) exceed its short term liabilities (₹8.4B).

Long Term Liabilities: CASTROLIND's short term assets (₹18.4B) exceed its long term liabilities (₹214.0M).


Debt to Equity History and Analysis

Debt Level: CASTROLIND is debt free.

Reducing Debt: CASTROLIND has not had any debt for past 5 years.

Debt Coverage: CASTROLIND has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CASTROLIND has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Castrol India's current dividend yield, its reliability and sustainability?

4.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CASTROLIND's dividend (4.48%) is higher than the bottom 25% of dividend payers in the Indian market (0.8%).

High Dividend: CASTROLIND's dividend (4.48%) is in the top 25% of dividend payers in the Indian market (3.34%)


Stability and Growth of Payments

Stable Dividend: CASTROLIND's dividends per share have been stable in the past 10 years.

Growing Dividend: CASTROLIND's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (65.8%), CASTROLIND's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Sandeep Sangwan

0.42

Tenure

Mr. Sandeep Sangwan has been Additional Director and the Managing Director at Castrol India Limited since January 01, 2020. Mr. Sangwan has had a successful career extending over 29 years and has extensive ...


Leadership Team

NamePositionTenureCompensationOwnership
Rashmi Joshi
CFO & Wholetime Director6.83yrs₹18.63mno data
Chandana Dhar
Company Secretary & Compliance Officer3.42yrsno datano data
Jayanta Chatterjee
Wholetime Director of Supply Chain & Director4.67yrs₹21.24mno data
Sandeep Sangwan
MD & Additional Director0.42yrno datano data
Sagar Vira
Vice President of Customer Excellence & Operationsno datano datano data
Rajesh Madathingal
Technology Managerno datano datano data
Siddharth Shetty
Managing Counselno datano datano data
Dilnaz Anklesaria
Associate Vice President of Corporate Communicationsno datano datano data
Kedar Apte
Vice President of Marketing3.75yrsno datano data
Valles Premila
Vice President of Human Resourcesno datano datano data

3.4yrs

Average Tenure

51yo

Average Age

Experienced Management: CASTROLIND's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rashmi Joshi
CFO & Wholetime Director6.83yrs₹18.63mno data
Jayanta Chatterjee
Wholetime Director of Supply Chain & Director4.67yrs₹21.24mno data
Sandeep Sangwan
MD & Additional Director0.42yrno datano data
Avanavadi Ramchander
VP of Global Marketing of BP Lubricants & Non-Executive Nominee Director1.17yrs₹12.08mno data
Ramabadran Gopalakrishnan
Independent Chairman of the Board0.67yr₹2.35mno data
Rakesh Makhija
Additional Independent Director0.67yrno datano data
Sangeeta Talwar
Non-Executive Independent Director1.92yrs₹1.01mno data
Uday Khanna
Non-Executive Independent Director8.42yrs₹2.05mno data
Udayan Sen
Non-Executive Nominee Director0.17yrno datano data
Sashi Mukundan
Non-Executive Nominee Director11.17yrsno datano data

1.5yrs

Average Tenure

63yo

Average Age

Experienced Board: CASTROLIND's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Castrol India Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Castrol India Limited
  • Ticker: CASTROLIND
  • Exchange: NSEI
  • Founded: 1910
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: ₹121.316b
  • Shares outstanding: 988.72m
  • Website: https://www.castrol.com/en_in/india.html

Number of Employees


Location

  • Castrol India Limited
  • Technopolis Knowledge Park
  • Mahakali Caves Road
  • Mumbai
  • Maharashtra
  • 400093
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500870BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 1998
CASTROLINDNSEI (National Stock Exchange of India)YesEquity SharesININRSep 1998

Biography

Castrol India Limited manufactures and markets automotive and industrial lubricants, and provides related services in India and internationally. It offers engine oils, automatic and manual transmission fluids, antifreeze products and coolants, greases, and other products for cars, motorcycles and scooters, trucks and buses, and various industries. The company offers its products primarily under the Castrol Activ, Castrol POWER1, Castrol GTX, Castrol MAGNATEC, Castrol EDGE, Castrol CRB, Castrol VECTON, Castrol CRB TURBOMAX, Castrol TRANSMAX, Castrol UDAAN, Castrol SPHEEROL, and Castrol GO! brands. It also serves the marine, oil and gas, automotive, aerospace, power generation, machinery, metal, and mining industries. The company was founded in 1910 and is based in Mumbai, India. Castrol India Limited is a subsidiary of Castrol Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 13:09
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.