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Fundamentals for Castrol India Limited
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Fundamentals for Castrol India Limited
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Castrol India Limited manufactures and markets automotive and industrial lubricants in India and internationally. The company offers engine oils, hydraulic fluids, driveline fluids, gear Lubricants, greases, brake fluids, chain lubricants and oils, fork and gear oils, compressor and turbine oils, coolants, transmission fluids, and axle lubricants. It also offers cleaners; corrosion preventives; and foaming, quenching, neat cutting, soluble cutting, and synthetic cutting fluids for metal works. The company offers its products under the Castor EDGE, Castrol's MAGNATEC, Castrol GTX, Castrol ON, Castrol Activ, Castrol POWER1, Castrol GO!, Castrol VECTON, Castrol CRB, and Castrol RX brands. It serves automotive, aerospace, Data centre and IT cooling, machinery manufacturing, power generation, and oil and gas, robotics, wind, marine, and other industries. The company was founded in 1910 and is based in Mumbai, India. Castrol India Limited operates as a subsidiary of Castrol Limited.
Revenue projections:
With CASTROLIND's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 1.665000 |
|---|---|
| forwardPE | 16.485949 |
| debtToEquity | 3.305000 |
| earningsGrowth | -0.099000 |
| revenueGrowth | 0.064000 |
| grossMargins | 0.489750 |
| operatingMargins | 0.238460 |
| trailingEps | 9.590000 |
| forwardEps | 11.387880 |
CASTROLIND's current ratio, being 1.665, means the company is well-positioned to meet its short-term debt obligations. This reflects CASTROLIND's strong liquidity, as its cash reserves and current assets provide more than enough coverage for its immediate liabilities.
CASTROLIND's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
CASTROLIND's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that CASTROLIND might struggle to maintain its current profit levels.
CASTROLIND's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
Castrol India Limited's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that Castrol India Limited is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
The price of CASTROLIND currently does not indicate any clear risks or opportunities when compared to projections. This balanced stance suggests that investors may prefer to hold off on major decisions until new information arises.
Recommendation changes over time:
With analysts showing a buy bias for Castrol India Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Castrol India Limited as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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