Castrol India Limited

NSEI:CASTROLIND Stock Report

Market Cap: ₹193.6b

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 (₹195.64) is trading above our estimate of fair value (₹159.24)

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 Ratio21.6x
Earnings₹8.98b
Market Cap₹193.62b

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 Average35x
500165 Kansai Nerolac Paints
33.8x11.7%₹211.2b
CARBORUNIV Carborundum Universal
51.5x17.8%₹244.4b
PCBL PCBL Chemical
34.9x23.4%₹174.6b
FINPIPE Finolex Industries
19.7x-0.5%₹158.3b
CASTROLIND Castrol India
21.6x9.5%₹193.6b

Price-To-Earnings vs Peers: CASTROLIND is good value based on its Price-To-Earnings Ratio (21.6x) compared to the peer average (35x).

Price to Earnings Ratio vs Industry

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

5 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$65.27m
UNIVPHOTO Universus Photo Imagings
3xn/aUS$29.36m
526773 Pressure Sensitive Systems (India)
0.7xn/aUS$8.56m
526143 MPL Plastics
1.7xn/aUS$1.81m
CASTROLIND 21.6xIndustry Avg. 31.5xNo. of Companies38PE020406080100+
5 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CASTROLIND is good value based on its Price-To-Earnings Ratio (21.6x) compared to the Indian Chemicals industry average (31.5x).

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 Ratio21.6x
Fair PE Ratio28.7x

Price-To-Earnings vs Fair Ratio: CASTROLIND is good value based on its Price-To-Earnings Ratio (21.6x) compared to the estimated Fair Price-To-Earnings Ratio (28.7x).

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₹195.64
₹234.25
+19.7%
13.6%₹275.00₹190.00n/a4
Dec ’25₹200.73
₹234.25
+16.7%
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₹140.00₹200.735
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

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/28 11:02
End of Day Share Price 2024/12/27 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Castrol India Limited is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Abhishek BanerjeeAsian Markets Securities Private Limited
Annamalai JayarajBatlivala & Karani Securities India Pvt. Ltd.
Avadhoot SabnisCGS International