Castrol India
Castrol India Limited manufactures and markets automotive and industrial lubricants, and provides related services primarily in India. The last earnings update was 22 days ago. More info.
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CASTROLIND Share Price and Events
7 Day Returns
1 Year Returns
CASTROLIND Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Castrol India (CASTROLIND) | 2.1% | -11.1% | -3% | -12.9% | -20.3% | -0.7% |
| IN Chemicals | 4.7% | -2.3% | 9% | 0.4% | 57% | 164% |
| IN Market | 4.9% | -1.6% | 9.4% | 0.8% | 39.5% | 45.6% |
1 Year Return vs Industry and Market
- CASTROLIND underperformed the Chemicals industry which returned 0.4% over the past year.
- CASTROLIND underperformed the Market in India which returned 0.8% over the past year.
CASTROLIND Value
Is Castrol India undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Castrol India
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Castrol India.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 10 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 15.4% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Chemicals Unlevered Beta | Simply Wall St/ S&P Global | 0.87 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.871 (1 + (1- 35%) (0%)) |
0.914 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.91 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.914 * 8.6%) |
15.41% |
Discounted Cash Flow Calculation for NSEI:CASTROLIND using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Castrol India is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 15.41%) |
|
|---|---|---|---|
| 2019 | 8,638.00 | Analyst x5 | 7,484.83 |
| 2020 | 7,669.50 | Analyst x4 | 5,758.44 |
| 2021 | 8,524.00 | Analyst x2 | 5,545.62 |
| 2022 | 9,041.12 | Est @ 6.07% | 5,096.80 |
| 2023 | 9,629.85 | Est @ 6.51% | 4,703.96 |
| 2024 | 10,286.91 | Est @ 6.82% | 4,354.09 |
| 2025 | 11,011.24 | Est @ 7.04% | 4,038.48 |
| 2026 | 11,803.37 | Est @ 7.19% | 3,751.08 |
| 2027 | 12,665.10 | Est @ 7.3% | 3,487.61 |
| 2028 | 13,599.21 | Est @ 7.38% | 3,244.90 |
| Present value of next 10 years cash flows | ₹47,465.81 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹13,599.21 × (1 + 7.55%) ÷ (15.41% – 7.55%) |
₹186,157.80 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹186,157.80 ÷ (1 + 15.41%)10 |
₹44,419.04 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹47,465.81 + ₹44,419.04 |
₹91,884.85 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹91,884.85 / 989.12 |
₹92.9 |
| Calculation | Result | |
|---|---|---|
| Non-primary Listing Adjustment Factor |
1 share in NSEI:CASTROLIND
represents 0.99692x
of
BSE:500870
(This could be a different class, a depositary receipt, a different currency, or all of these things.) |
0.99692x |
| Value per Share (Listing Adjusted, INR) |
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 92.90 x 0.99692 |
₹92.61 |
| Value per share (INR) | From above. | ₹92.61 |
| Current discount | Discount to share price of
₹145.75
= -1 x (₹145.75 - ₹92.61) / ₹92.61 |
-57.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of Castrol India is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Castrol India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Castrol India's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in INR | ₹7.19 |
| BSE:500870 Share Price ** | BSE (2019-05-21) in INR | ₹146.2 |
| India Chemicals Industry PE Ratio | Median Figure of 232 Publicly-Listed Chemicals Companies | 14.9x |
| India Market PE Ratio | Median Figure of 2,757 Publicly-Listed Companies | 15.52x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Castrol India.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:500870 Share Price ÷ EPS (both in INR) = 146.2 ÷ 7.19 |
20.33x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Castrol India is overvalued based on earnings compared to the IN Chemicals industry average.
- Castrol India is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
Castrol India's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 20.33x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts |
7.9%per year |
| India Chemicals Industry PEG Ratio | Median Figure of 53 Publicly-Listed Chemicals Companies | 1.31x |
| India Market PEG Ratio | Median Figure of 561 Publicly-Listed Companies | 1.3x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 20.33x ÷ 7.9% |
2.56x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Castrol India is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on
Castrol India's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in INR | ₹11.78 |
| BSE:500870 Share Price * | BSE (2019-05-21) in INR | ₹146.2 |
| India Chemicals Industry PB Ratio | Median Figure of 268 Publicly-Listed Chemicals Companies | 1.41x |
| India Market PB Ratio | Median Figure of 3,638 Publicly-Listed Companies | 1.05x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:500870 Share Price ÷ Book Value per Share (both in INR) = 146.2 ÷ 11.78 |
12.41x |
* Primary Listing of Castrol India.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Castrol India is overvalued based on assets compared to the IN Chemicals industry average.
Value checks
We assess Castrol India's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Chemicals industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Chemicals industry average (and greater than 0)? (1 check) Castrol India has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
CASTROLIND Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Castrol India's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Castrol India's earnings growth is positive but not above the India market average.
- Castrol India's revenue growth is positive but not above the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NSEI:CASTROLIND Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts | 7.9% |
| NSEI:CASTROLIND Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts | 5.6% |
| India Chemicals Industry Earnings Growth Rate | Market Cap Weighted Average | 18.6% |
| India Chemicals Industry Revenue Growth Rate | Market Cap Weighted Average | 13.5% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 16.9% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 10.3% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 46,334 | 10,427 | 9,152 | 4 |
| 2020-12-31 | 44,044 | 8,435 | 8,229 | 10 |
| 2019-12-31 | 41,563 | 10,256 | 7,782 | 10 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 39,646 | 7,116 | |
| 2018-12-31 | 39,155 | 5,495 | 7,084 |
| 2018-09-30 | 38,593 | 6,931 | |
| 2018-06-30 | 37,938 | 7,209 | |
| 2018-03-31 | 36,470 | 6,946 | |
| 2017-12-31 | 36,045 | 6,083 | 6,918 |
| 2017-09-30 | 34,107 | 6,509 | |
| 2017-06-30 | 33,110 | 6,125 | |
| 2017-03-31 | 34,114 | 6,815 | |
| 2016-12-31 | 33,819 | 6,641 | 6,704 |
| 2016-09-30 | 33,791 | 6,600 | |
| 2016-06-30 | 34,017 | 6,634 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
All data from Castrol India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 8.68 | 9.71 | 6.96 | 4.00 |
| 2020-12-31 | 8.16 | 9.01 | 6.76 | 10.00 |
| 2019-12-31 | 7.76 | 8.20 | 6.76 | 10.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2019-03-31 | 7.19 |
| 2018-12-31 | 7.16 |
| 2018-09-30 | 7.00 |
| 2018-06-30 | 7.29 |
| 2018-03-31 | 7.02 |
| 2017-12-31 | 6.99 |
| 2017-09-30 | 6.58 |
| 2017-06-30 | 6.19 |
| 2017-03-31 | 6.89 |
| 2016-12-31 | 6.78 |
| 2016-09-30 | 6.68 |
| 2016-06-30 | 6.71 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess Castrol India's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Castrol India has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
CASTROLIND Past Performance
How has Castrol India performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Castrol India's year on year earnings growth rate has been positive over the past 5 years.
- Castrol India's 1-year earnings growth is less than its 5-year average (2.4% vs 8.3%)
- Castrol India's earnings growth has not exceeded the IN Chemicals industry average in the past year (2.4% vs 13.1%).
Earnings and Revenue History
All data from Castrol India Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 39,645.60 | 7,115.60 | 4,756.30 | |
| 2018-12-31 | 39,154.60 | 7,083.60 | 4,724.30 | |
| 2018-09-30 | 38,593.30 | 6,931.10 | 4,615.90 | |
| 2018-06-30 | 37,938.30 | 7,209.10 | 4,596.90 | |
| 2018-03-31 | 36,470.30 | 6,946.10 | 4,560.90 | |
| 2017-12-31 | 36,044.70 | 6,918.10 | 4,589.90 | |
| 2017-09-30 | 34,106.70 | 6,509.10 | 4,458.30 | |
| 2017-06-30 | 33,109.70 | 6,125.10 | 4,454.30 | |
| 2017-03-31 | 34,113.70 | 6,815.10 | 4,391.30 | |
| 2016-12-31 | 33,819.00 | 6,703.80 | 4,381.90 | |
| 2016-09-30 | 33,791.30 | 6,599.60 | 4,446.20 | |
| 2016-06-30 | 34,017.30 | 6,633.60 | 4,400.20 | |
| 2016-03-31 | 33,545.30 | 6,409.60 | 4,189.20 | |
| 2015-12-31 | 33,161.60 | 6,152.60 | 4,291.90 | |
| 2015-09-30 | 33,802.30 | 6,064.60 | 5,752.50 | |
| 2015-06-30 | 33,986.30 | 5,811.60 | 5,700.50 | |
| 2015-03-31 | 33,875.30 | 5,210.60 | 7,076.50 | |
| 2014-12-31 | 33,923.30 | 4,745.60 | 4,116.10 | |
| 2014-09-30 | 33,447.20 | 4,686.70 | 5,603.90 | |
| 2014-06-30 | 32,648.20 | 4,552.70 | 5,522.90 | |
| 2014-03-31 | 32,133.20 | 4,844.70 | 5,417.90 | |
| 2013-12-31 | 31,898.40 | 5,085.70 | 5,250.90 | |
| 2013-09-30 | 31,301.60 | 5,002.90 | 5,186.80 | |
| 2013-06-30 | 31,294.60 | 4,814.90 | 5,238.80 | |
| 2013-03-31 | 31,211.60 | 4,487.90 | 5,160.80 | |
| 2012-12-31 | 31,208.60 | 4,473.90 | 5,143.80 | |
| 2012-09-30 | 31,334.70 | 4,363.30 | 4,946.50 | |
| 2012-06-30 | 30,855.70 | 4,457.30 | 4,749.50 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Castrol India made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
- Castrol India used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
- Castrol India's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
Past performance checks
We assess Castrol India's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Chemicals industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Castrol India has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
CASTROLIND Health
How is Castrol India's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Castrol India's finances.
The net worth of a company is the difference between its assets and liabilities.
- Castrol India is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Castrol India's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Castrol India has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Castrol India Company Filings, last reported 1 month ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 11,656.60 | 0.00 | 7,286.50 |
| 2018-12-31 | 11,656.60 | 0.00 | 7,286.50 |
| 2018-09-30 | 10,681.00 | 0.00 | 8,524.00 |
| 2018-06-30 | 10,681.00 | 0.00 | 8,524.00 |
| 2018-03-31 | 10,201.50 | 0.00 | 7,724.70 |
| 2017-12-31 | 10,201.50 | 0.00 | 7,724.70 |
| 2017-09-30 | 9,115.00 | 0.00 | 6,671.00 |
| 2017-06-30 | 9,115.00 | 0.00 | 6,671.00 |
| 2017-03-31 | 5,957.50 | 0.00 | 8,218.80 |
| 2016-12-31 | 9,815.40 | 0.00 | 8,110.80 |
| 2016-09-30 | 6,870.00 | 0.00 | 8,157.00 |
| 2016-06-30 | 6,870.00 | 0.00 | 8,157.00 |
| 2016-03-31 | 5,756.10 | 0.00 | 6,965.00 |
| 2015-12-31 | 5,756.10 | 0.00 | 6,965.00 |
| 2015-09-30 | 5,892.00 | 0.00 | 5,880.00 |
| 2015-06-30 | 5,892.00 | 0.00 | 5,880.00 |
| 2015-03-31 | 4,967.80 | 0.00 | 4,314.50 |
| 2014-12-31 | 4,967.80 | 0.00 | 4,314.50 |
| 2014-09-30 | 4,842.00 | 0.00 | 3,660.00 |
| 2014-06-30 | 4,842.00 | 0.00 | 3,660.00 |
| 2014-03-31 | 7,514.20 | 0.00 | 5,942.20 |
| 2013-12-31 | 7,514.20 | 0.00 | 5,942.20 |
| 2013-09-30 | 7,233.00 | 0.00 | 6,512.00 |
| 2013-06-30 | 7,233.00 | 0.00 | 6,512.00 |
| 2013-03-31 | 6,492.30 | 0.00 | 5,745.90 |
| 2012-12-31 | 6,492.30 | 0.00 | 5,745.90 |
| 2012-09-30 | 6,468.00 | 0.00 | 5,020.00 |
| 2012-06-30 | 6,468.00 | 0.00 | 5,020.00 |
- Castrol India has no debt.
- Castrol India has not taken on any debt in the past 5 years.
- Castrol India has no debt, it does not need to be covered by operating cash flow.
- Castrol India has no debt, therefore coverage of interest payments is not a concern.
Financial health checks
We assess Castrol India's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Castrol India has a total score of 6/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
CASTROLIND Dividends
What is Castrol India's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
Castrol India
shares you are expected to receive
₹68
in your first year as a dividend.
Dividend Amount
- Castrol India's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.53%).
- Castrol India's dividend is above the markets top 25% of dividend payers in India (2.02%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 10 Analyst Estimates (S&P Global) | See Below |
| India Chemicals Industry Average Dividend Yield | Market Cap Weighted Average of 163 Stocks | 1% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1401 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 2% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 6.33 | 3.00 |
| 2020-12-31 | 6.13 | 7.00 |
| 2019-12-31 | 5.69 | 7.00 |
| Date (Data in ₹) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-01-30 | 5.000 | 3.197 |
| 2018-07-31 | 4.750 | 3.126 |
| 2018-04-09 | 5.000 | 2.853 |
| 2018-02-06 | 5.000 | 2.506 |
| 2017-11-07 | 4.500 | 2.312 |
| 2017-08-23 | 4.500 | 2.352 |
| 2017-02-21 | 4.500 | 2.173 |
| 2016-07-27 | 4.750 | 2.264 |
| 2016-02-25 | 5.000 | 2.596 |
| 2015-11-05 | 4.000 | 1.879 |
| 2015-07-29 | 4.000 | 1.763 |
| 2015-02-25 | 4.000 | 1.729 |
| 2014-10-30 | 3.500 | 1.457 |
| 2014-07-31 | 3.500 | 1.806 |
| 2014-02-17 | 3.500 | 2.273 |
| 2013-10-17 | 3.500 | 2.321 |
| 2013-08-01 | 3.500 | 2.219 |
| 2013-05-24 | 3.500 | 2.093 |
| 2012-07-16 | 3.750 | 2.454 |
| 2012-03-05 | 3.750 | 2.918 |
| 2012-02-13 | 3.750 | 3.121 |
| 2011-08-11 | 3.750 | 3.280 |
| 2011-02-22 | 3.750 | 3.122 |
| 2010-07-15 | 3.000 | 2.590 |
| 2010-02-18 | 1.875 | 2.000 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Whilst dividend payments have been stable, Castrol India has been paying a dividend for less than 10 years.
- Dividend payments have increased, but Castrol India only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of
Castrol India's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are covered by earnings (1.4x coverage).
- Dividends after 3 years are expected to be covered by earnings (1.3x coverage).
Income/ dividend checks
We assess Castrol India's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Castrol India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Castrol India has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
CASTROLIND Management
CEO
| COMPENSATION | ₹67,978,030 |
| TENURE AS CEO | 3.6 years |
CEO Bio
Mr. Omer Dormen has been Managing Director and Director of Castrol India Ltd. since October 12, 2015.
CEO Compensation
- Omer's compensation has been consistent with company performance over the past year, both up more than 20%.
- Omer's remuneration is higher than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Castrol India management team in years:
- The tenure for the Castrol India management team is about average.
Management Team
Omer Dormen
MD & Director
₹68M
3.6 yrs
Jayanta Chatterjee
CFO & Wholetime Director
₹18M
49
0.3 yrs
Chandana Dhar
Company Secretary & Compliance Officer
₹6M
2.3 yrs
S. Joshi
Wholetime Director of Supply Chain & Whole Time Director
₹16M
51
0.3 yrs
Sagar Vira
Vice President of Customer Excellence & Operations
Rajesh Madathingal
Technology Manager
Siddharth Shetty
Managing Counsel
Dilnaz Anklesaria
Associate Vice President of Corporate Communications
59
Kedar Apte
Vice President of Marketing
2.7 yrs
Valles Premila
Vice President of Human Resources
49
Board of Directors Tenure
Average tenure and age of the Castrol India board of directors in years:
- The tenure for the Castrol India board of directors is about average.
Board of Directors
Susim Datta
Chairman of the Board
₹3M
82
Omer Dormen
MD & Director
₹68M
3.6 yrs
Jayanta Chatterjee
CFO & Wholetime Director
₹18M
49
3.6 yrs
S. Joshi
Wholetime Director of Supply Chain & Whole Time Director
₹16M
51
5.8 yrs
Ram Ramchander
VP of Global Marketing of BP Lubricants & Non-Executive Nominee Director
₹11M
55
0.1 yrs
Ramabadran Gopalakrishnan
Non-Executive Independent Director
₹2M
73
Uday Khanna
Non-Executive Independent Director
₹2M
69
7.3 yrs
Sashi Mukundan
Non-Executive Nominee Director
10.1 yrs
Sangeeta Talwar
Non-Executive Independent Director
62
0.8 yrs
Mark Sclater
Non-Executive Nominee Director
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Castrol India's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Castrol India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
CASTROLIND News
Simply Wall St News
Grab Castrol India Limited (NSE:CASTROLIND) Today With A Solid 3.1% Dividend Yield
If you are an income investor, then Castrol India Limited (NSE:CASTROLIND) should be on your radar. … Castrol India Limited manufactures and markets automotive and industrial lubricants, and provides related services primarily in India. … Currently yielding 3.1%, let's take a closer look at Castrol India's dividend profile.
Simply Wall St - – Full articleIs Castrol India Limited (NSE:CASTROLIND) A Cash Cow?
If you are currently a shareholder in Castrol India Limited (NSE:CASTROLIND), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. … I’ve analysed below, the health and outlook of Castrol India’s cash flow, which will help you understand the stock from a cash standpoint. … Castrol India’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure.
Simply Wall St - – Full articleWhy Castrol India Limited (NSE:CASTROLIND) Is A Dividend Rockstar
There is a lot to be liked about Castrol India Limited (NSE:CASTROLIND) as an income stock. … Does Castrol India tick all the boxes of a great dividend stock? … View our latest analysis for Castrol India
Simply Wall St - – Full articleWhat Kind Of Shareholders Own Castrol India Limited (NSE:CASTROLIND)?
Every investor in Castrol India Limited (NSE:CASTROLIND) should be aware of the most powerful shareholder groups. … With a market capitalization of ₹142.4b, Castrol India is a decent size, so it is probably on the radar of institutional investors. … Taking a look at the our data on the ownership groups (below), it's seems that.
Simply Wall St - – Full articleIs Castrol India Limited (NSE:CASTROLIND) Attractive At This PE Ratio?
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … While CASTROLIND might seem like a stock to avoid or sell if you own it, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions.
Simply Wall St - – Full articleOnly 2 Days Left To Castrol India Limited (NSE:CASTROLIND)’s Ex-Dividend Date, Should Investors Buy?
Have you been keeping an eye on Castrol India Limited's (NSE:CASTROLIND) upcoming dividend of ₹2.25 per share payable on the 29 August 2018? … Below, I will explain how holding Castrol India can impact your portfolio income stream, by analysing the stock's most recent financial data and dividend attributes. … stable and consistent dividend, having done so reliably for the past decade with the expectation of this continuing into the future
Simply Wall St - – Full articleShould You Worry About Castrol India Limited's (NSE:CASTROLIND) CEO Pay Check?
Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders. … Dormen’s pay and compare this to the company’s performance over the same period, as well as measure it against other
Simply Wall St - – Full articleWhere Castrol India Limited's (NSE:CASTROLIND) Earnings Growth Stands Against Its Industry
When Castrol India Limited (NSE:CASTROLIND) released its most recent earnings update (31 March 2018), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Castrol India's average earnings over the past couple of years, and its industry performance. … CASTROLIND's trailing twelve-month earnings (from 31 March 2018) of ₹6.95b has
Simply Wall St - – Full articleWhat You Must Know About Castrol India Limited's (NSE:CASTROLIND) Financial Health
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Castrol India Limited (NSE:CASTROLIND), with a market cap of ₹167.97b, often get neglected by retail investors. … CASTROLIND’s financial liquidity and debt position will be analysed in this article, to get an idea of whether the company can fund opportunities for strategic growth and maintain strength through economic downturns. … See our latest analysis for Castrol India
Simply Wall St - – Full articleHow Did Castrol India Limited's (NSE:CASTROLIND) 68.09% ROE Fare Against The Industry?
and want a simplistic look at the return on Castrol India Limited (NSE:CASTROLIND) stock. … Castrol India Limited (NSE:CASTROLIND) outperformed the commodity chemicals industry on the basis of its ROE – producing a higher 68.09% relative to the peer average of 13.20% over the past 12 months. … If CASTROLIND borrows debt to invest in its business, its profits will be higher.
Simply Wall St - – Full articleCASTROLIND Company Info
Description
Castrol India Limited manufactures and markets automotive and industrial lubricants, and provides related services primarily in India. It offers engine oils, automatic and manual transmission fluids, antifreeze products and coolants, driveline fluids, greases, and other products for cars, motorcycles and scooters, trucks and buses, and off-road vehicles. The company offers its products primarily under the Castrol Activ, Castrol POWER1, Castrol GTX, Castrol MAGNATEC, Castrol EDGE, Castrol CRB, and Castrol VECTON brands. It serves the marine, oil and gas, automotive, aerospace, power generation, machinery, metals, and mining industries. The company was founded in 1910 and is based in Mumbai, India. Castrol India Limited is a subsidiary of Castrol Limited.
Details
| Name: | Castrol India Limited |
| CASTROLIND | |
| Exchange: | NSEI |
| Founded: | 1910 |
| ₹144,955,885,375 | |
| 989,122,384 | |
| Website: | http://www.castrol.com/en_in/india.html |
| Address: |
Castrol India Limited Technopolis Knowledge Park, Mahakali Caves Road, Mumbai, Maharashtra, 400093, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 500870 | Equity Shares | Mumbai Stock Exchange | IN | INR | 07. Sep 1998 | |
| NSEI | CASTROLIND | Equity Shares | National Stock Exchange of India | IN | INR | 07. Sep 1998 |
Number of employees
Current staff
Industry
| Commodity Chemicals | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/21 12:49 |
| End of day share price update: | 2019/05/21 00:00 |
| Last estimates confirmation: | 2019/05/02 |
| Last earnings filing: | 2019/04/29 |
| Last earnings reported: | 2019/03/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
