Castrol India Limited

NSEI:CASTROLIND Stock Report

Market Cap: ₹196.4b

Castrol India Valuation

Is CASTROLIND undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CASTROLIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CASTROLIND (₹198.49) is trading above our estimate of fair value (₹156.75)

Significantly Below Fair Value: CASTROLIND is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CASTROLIND?

Key metric: As CASTROLIND is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CASTROLIND. This is calculated by dividing CASTROLIND's market cap by their current earnings.
What is CASTROLIND's PE Ratio?
PE Ratio21.9x
Earnings₹8.98b
Market Cap₹196.39b

Price to Earnings Ratio vs Peers

How does CASTROLIND's PE Ratio compare to its peers?

The above table shows the PE ratio for CASTROLIND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average42.1x
500165 Kansai Nerolac Paints
35.6x11.6%₹222.3b
FINPIPE Finolex Industries
20.9x-0.5%₹167.5b
500184 Himadri Speciality Chemical
54.5xn/a₹262.5b
CARBORUNIV Carborundum Universal
57.2x17.6%₹271.7b
CASTROLIND Castrol India
21.9x9.5%₹196.4b

Price-To-Earnings vs Peers: CASTROLIND is good value based on its Price-To-Earnings Ratio (21.9x) compared to the peer average (42.1x).

Price to Earnings Ratio vs Industry

How does CASTROLIND's PE Ratio compare vs other companies in the IN Chemicals Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$68.08m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.59m
526143 MPL Plastics
1.8xn/aUS$1.96m
509910 Southern Gas
0.04xn/aUS$6.16k
No more companies available in this PE range
CASTROLIND 21.9xIndustry Avg. 31.9xNo. of Companies35PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CASTROLIND is good value based on its Price-To-Earnings Ratio (21.9x) compared to the Indian Chemicals industry average (31.9x).

Price to Earnings Ratio vs Fair Ratio

What is CASTROLIND's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CASTROLIND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.9x
Fair PE Ratio29.2x

Price-To-Earnings vs Fair Ratio: CASTROLIND is good value based on its Price-To-Earnings Ratio (21.9x) compared to the estimated Fair Price-To-Earnings Ratio (29.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CASTROLIND forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹198.49
₹234.25
+18.0%
13.6%₹275.00₹190.00n/a4
Nov ’25₹214.18
₹234.25
+9.4%
13.6%₹275.00₹190.00n/a4
Oct ’25₹244.57
₹260.50
+6.5%
18.5%₹310.00₹185.00n/a4
Sep ’25₹264.75
₹256.40
-3.2%
17.1%₹310.00₹185.00n/a5
Aug ’25₹255.70
₹243.80
-4.7%
16.6%₹310.00₹185.00n/a5
Jul ’25₹216.98
₹216.80
-0.08%
11.9%₹240.00₹175.00n/a5
Jun ’25₹195.05
₹216.80
+11.2%
11.9%₹240.00₹175.00n/a5
May ’25₹210.90
₹215.60
+2.2%
10.6%₹240.00₹180.00n/a5
Apr ’25₹201.40
₹215.60
+7.1%
10.6%₹240.00₹180.00n/a5
Mar ’25₹213.65
₹215.60
+0.9%
10.6%₹240.00₹180.00n/a5
Feb ’25₹189.55
₹167.40
-11.7%
16.7%₹220.00₹140.00n/a5
Jan ’25₹191.70
₹152.80
-20.3%
6.5%₹168.00₹140.00n/a5
Dec ’24₹140.10
₹152.80
+9.1%
6.5%₹168.00₹140.00n/a5
Nov ’24₹134.70
₹152.80
+13.4%
6.5%₹168.00₹140.00₹214.185
Oct ’24₹138.55
₹157.40
+13.6%
7.1%₹170.00₹140.00₹244.575
Sep ’24₹142.95
₹157.40
+10.1%
7.1%₹170.00₹140.00₹264.755
Aug ’24₹144.40
₹150.40
+4.2%
8.0%₹168.00₹135.00₹255.705
Jul ’24₹120.80
₹138.75
+14.9%
8.8%₹159.00₹126.00₹216.984
Jun ’24₹113.80
₹138.75
+21.9%
8.8%₹159.00₹126.00₹195.054
May ’24₹119.85
₹139.00
+16.0%
8.4%₹159.00₹130.00₹210.904
Apr ’24₹110.95
₹139.20
+25.5%
8.2%₹159.00₹130.00₹201.405
Mar ’24₹115.15
₹138.50
+20.3%
7.6%₹159.00₹130.00₹213.656
Feb ’24₹118.15
₹139.50
+18.1%
8.6%₹163.00₹130.00₹189.556
Jan ’24₹123.15
₹138.33
+12.3%
8.4%₹163.00₹130.00₹191.706
Dec ’23₹130.20
₹136.43
+4.8%
8.6%₹163.00₹125.00₹140.107
Nov ’23₹120.10
₹135.57
+12.9%
8.6%₹163.00₹125.00₹134.707

Analyst Forecast: Target price is less than 20% higher than the current share price.

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