Castrol India Limited History, Latest Updates, Milestones, Subsidiaries & Share Price

Castrol India Limited Company Overview

Castrol India Limited, a group of the global BP Group, is a key player in the Indian lubricant industry. It is based in Mumbai and has expertise in producing and marketing advanced-performance lubricants for motor vehicle and industrial use. Its offerings comprise engine oils, greases, and fluids with brands such as Castrol EDGE, MAGNATEC, and POWER1. With a robust manufacturing facility and a wide distribution network, Castrol India serves the requirements of two-wheelers, passenger vehicles, commercial vehicles, and industrial equipment. The company's emphasis on innovation and customer care has enabled it to be a market leader in India's lubricant industry.

Castrol India Limited Moves In 2024 & 2025

July 2024

Quarterly Performance: Registered a 5% rise in revenue year-on-year at Rs.1,398 crore, and a 3% rise in pre-tax profit. A provisional dividend of Rs.3.5 per share was announced.

New Launches: Introduced better lubricant products for SUVs, hybrids, and European cars, and a better diesel engine oil for trucks.

Marketing Push: Introduced a major advertisement campaign with brand ambassador Shah Rukh Khan.

August 2024

Award Win: Castrol India won an award for its digital marketing campaign, a Gold award for an innovative vehicle care campaign.

September 2024

No material corporate news or media coverage reported.

October 2024

Q3 Results: Revenue increased year-on-year by 9%, and pre-tax profit increased 6%, demonstrating steady growth.

Leadership Update: The company announced that Kedar Lele would become Managing Director from November 2024, succeeding Sandeep Sangwan.

November 2024

Executive Appointment: Kedar Lele officially stepped in as the new Managing Director, marking the change in business leadership.

December 2024

Quarterly Update: Last quarter's profit rose by 12%, and steady sales volumes contributed to delivering a 7% increase in revenue.

January 2025

There were no reported important updates or public announcements made during this month.

February 2025

Annual Results: Castrol India reported a revenue of Rs.5,365 crore and a profit of Rs.927 crore in 2024, up 14% year on year.

Dividend Announcement: The board has approved a final dividend payment of Rs.9.50 per share, comprising an interim component and a special component of Rs.4.50.

Regulatory Filings: Made statutory disclosures which included its annual sustainability and business responsibility report.

March 2025

Dividend Record Date: Set March 18, 2025, as the record date for qualified shareholders to receive the most recent dividend.

 

Castrol India Limited Share Price Performance

 

June 2024

Castrol India share price settled at Rs.200.61, reflecting steady market movement.

July 2024

During July 2024, the Castrol India share price shot up to Rs.262.14, demonstrating a significant rise from the last month.

August 2024

The Castrol India share price again rose in August 2024, closing at Rs.264.75, consolidating its position further.

September 2024

In September 2024, the Castrol India share price declined, closing the month at Rs.245.80 as the stock went through some market fluctuations.

October 2024

The Castrol India share price fell once more in October 2024, to Rs.210.32, as the stock began to slow down.

November 2024

In November 2024, the Castrol India share price registered little recovery, closing at Rs.200.73, but still lower than previous months.

December 2024

As of December 2024, the Castrol India share price further fell, closing at Rs.197.42, signalling another decline in value.

January 2025

January 2025 marked a record low for the Castrol India share price as it closed at Rs.177.38, representing its lowest position over the past year.

February 2025

The Castrol India share price improved in February 2025 as it bounced back to Rs.212.63, a positive development for the performance of the stock.

March 2025

In March 2025, the Castrol India share price closed at Rs.202.96, which was a stable figure compared to the last month.

April 2025

the Castrol India share price ended at Rs.203.21, showing little change compared to March, maintaining price consistency.

May 2025

Lastly, in May 2025, the Castrol India share price decreased slightly to Rs.198.20, concluding the series of varying stock prices for the last year.

 

Evolution Of Castrol India Limited: From Past to Present

 

Early Beginnings

1910: Castrol products were initially introduced into India through imports, establishing the brand's first presence in the Indian market.

1919: The organization opened its operations in India with offices in big cities such as Mumbai, Kolkata, Delhi, and Chennai.

Corporate Formation and Manufacturing Expansion

1979: The company began its journey under the name Indrol Lubricants and Specialities Pvt. Ltd., laying the foundation for what would later become Castrol India Limited.

1982: The firm opened its first lubricating oil blending plant to meet local demand.

1985: A new facility for blending and manufacturing brake fluids was commissioned in Patalganga, Maharashtra.

1990: The company formally adopted its global brand identity name Castrol India Limited as its official corporate name.

Expansions and Modernization

1994: A new Silvassa facility with a new high-tech plant went into operations, enhancing productivity efficiency and output scale.

2001: The Tata Group ended its lubricant business, and Castrol India acquired full equity control through merger with Tata BP Lubricants India.

Retail and Partnership Approach

2004: Collaborated with fuel retailers such as Essar Oil to widen its distribution network.

2005: Introduced Castrol Bike Zones — certified two-wheeler service outlets to reach out to urban and semi-urban consumers directly.

Product Innovation and Global Integration

2006:  Rolled out Castrol EDGE, a high-grade synthetic engine oil designed specifically for powerful and performance-driven vehicles.

2011: Introduced Castrol Activ Scooter, an engine oil specifically designed for automatic scooters, an emerging market segment.

2013: Its premium-grade lubricants established international credibility and even served to support aerospace as well as space uses.

Strategic Partnerships and Emerging Segments

2016: Partnered in a strategic alliance with Tata Motors for the supply of lubricants to their passenger as well as commercial vehicles.

2018: Finalized contracts with firms such as Mahindra & Mahindra and Renault India to deliver engine oils to their after-sales service network.

2019: Joined hands with 3M to provide auto care products and solutions to the aftermarket sector.

Digital Push and Ecosystem Development

2021:Upgraded its logistics network by integrating advanced systems like Service Optimizer 99+ and launched Castrol MAGNATEC oils that meet the stringent BS-VI emission standards.

2022: Scaled Castrol Auto Service workshops to 110+ cities and invested in Ki Mobility Solutions to enhance its aftermarket presence.

Recent Performance and Vision

2023: Registered its highest-ever annual revenue, an indication of consistent product innovation and robust channel presence.

2024: Further growth in rural India, introduced new premium oils for hybrid/SUV cars, and strengthened brand presence at 36,000+ retail and service touchpoints.

 

Castrol India Ltd Information 

 

 

Inside Castrol India Limited

 

1. Financial Highlights

FY24 Performance: Castrol India recorded a strong performance with estimated profit reaching close to Rs.927 crore, indicating approximately 14% YoY growth. The revenue of the company was at around Rs.5,365 crore, indicating consistent business momentum.

Q3 FY25 Update: During the third quarter of FY25, Castrol's net profit was Rs.271.4 crore, up by more than 12% YoY, while net sales rose approximately 7% to Rs.1,354 crore, reflecting strong operational efficiency and market demand.

2. Dividend Declarations

Early in 2025, the Board recommended a final dividend of Rs.9.5 per share, including a special dividend of Rs.4.5, marking 125 years of Castrol globally.

The record date for eligibility was March 18, 2025, and the payment of the dividend was due on or before April 23, 2025.

3.  Focus on Strategic Business

Castrol strengthened its partnerships with vehicle manufacturers to align with India’s evolving clean mobility goals.. It broadened product offerings to target electric vehicles (EVs) and CNG-based commercial transportation, setting stage for a future with low emissions.

4. Leadership Update

Ms. Nisha Trivedi joined in February 2025 as a Nominee Director on the board of the company, as part of a strategic appointment to support governance and engage stakeholders.

 

Castrol India Ltd Share Price

 

 

Conclusion

 

Castrol India Limited has a strong legacy and a prominent position in the Indian lubricant market. It has been innovating and adding new products to its portfolio year after year, reinforcing its leadership position in the market. The recent growth of the company, supported by robust financial performance, strategic alliances, and innovative marketing initiatives, reflects its focus on addressing changing customer needs. As the shift toward clean mobility and sustainable solutions accelerates, Castrol India is well-positioned to maintain its leadership and continue growing in the industry.. Looking ahead to the future, its emphasis on innovation and sustainability will lead to its success over the next several years.

 

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Frequently Asked Questions

 

How can I track Castrol share price?

You can check live Castrol India price by using Enrich Money. 

 

What is the Castrol India share Price today?

Check live Castrol India share price on Enrich Money.

 

Has Castrol India share price shown consistent growth?

Castrol India share price has shown steady performance over the years with periodic Castrol India share price dividend payouts.

 

Is Castrol India a good stock for long-term investment?

With a strong brand and consistent profits, it is considered favourable by many long-term investors.

 

What factors influence Castrol India share price?

Crude oil prices, demand for lubricants, EV shift, and financial results impact the stock.

 

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