Is Castrol India a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Castrol India Ltd is a good quality company .

Is Castrol India undervalued or overvalued?

The key valuation ratios of Castrol India Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Castrol India share price return in the past 10 years?

Castrol India Ltd share price has declined -1.5% annually (CAGR) over the past ten years.

Is Castrol India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Castrol India Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Castrol India Ltd - Stock Valuation and Financial Performance

Name: Castrol India
Brand: Castrol India

BSE: 500870 | NSE: CASTROLIND | Lubricants | Small Cap

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Castrol India Share Price

₹190.80 0.50 0.26%
as on 14-Nov'24 16:59

10 Year X-Ray of Castrol India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	TTM
ROCE % ⓘ	116.8%	177.5%	133.8%	107%	100.6%	90.7%	56.8%	67.4%	62.1%	59.3%	-
Value Creation Index ⓘ	9.4	14.8	8.9	6.9	6.5	5.7	3.2	4.0	3.6	3.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	3,392	3,298	3,370	3,584	3,905	3,877	2,997	4,192	4,774	5,075	5,275
Sales YoY Gr.	-	-2.8%	2.2%	6.4%	8.9%	-0.7%	-22.7%	39.9%	13.9%	6.3%	-
Adj EPS ⓘ	4.8	6.3	6.7	6.9	7.1	8.4	5.9	7.7	8.2	8.7	9.1
YoY Gr.	-	29.1%	7.4%	2.8%	3.5%	17.5%	-30%	31.5%	6.7%	5.5%	-
BVPS (₹) ⓘ	5	5.8	9.9	10.2	11.6	13.6	14.1	16.2	18.5	20.7	23.7
Adj Net Profit ⓘ	479	618	664	682	706	830	581	764	815	860	898
Cash Flow from Ops. ⓘ	548	740	664	608	549	879	893	630	916	853	-
Debt/CF from Ops. ⓘ	0	0	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.6%	5.4%	19.2%	6.3%
Adj EPS ⓘ	6.7%	4%	14%	5.5%
BVPSⓘ	17%	12.2%	13.7%	11.9%
Share Price	-1.5%	5.6%	12.5%	42.4%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	TTM
Return on Equity % ⓘ	76.7	115.2	85.3	68.2	64.6	65.6	41.8	49.9	46.2	42.9	41
Op. Profit Mgn % ⓘ	21.3	27.3	29.7	28.9	27.4	29.9	27.2	25.6	23.3	23.6	23.3
Net Profit Mgn % ⓘ	14.1	18.7	19.7	19	18.1	21.4	19.4	18.2	17.1	17	17
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	72	70	68	72	86	89	98	74	85	87	80
Cash Conv. Cycle ⓘ	-15	-32	-32	-33	-15	-5	-12	-16	-2	-1	38

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 19.19%

Net Profit is growing at healthy rate in last 3 years 13.97%

Return on Equity has declined versus last 3 years average to 41.00%

Sales growth is not so good in last 4 quarters at 5.90%

Latest Financials - Castrol India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	9.1	-
TTM Sales (₹ Cr.)	5,275	-
BVPS (₹.) ⓘ	23.7	-
Reserves (₹ Cr.) ⓘ	1,846	-
P/BV ⓘ	8.06	-
PE ⓘ	21.02	-

From the Market
52 Week Low / High (₹)	133.25 / 284.40
All Time Low / High (₹)	1.92 / 284.40
Market Cap (₹ Cr.)	18,872
Equity (₹ Cr.)	494.6
Face Value (₹)	5
Industry PE ⓘ	19.8

Management X-Ray of Castrol India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Castrol India

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Castrol India

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Sales	3,392	3,298	3,370	3,584	3,905	3,877	2,997	4,192	4,774	5,075
Operating Expenses ⓘ	2,676	2,403	2,371	2,551	2,834	2,724	2,183	3,126	3,663	3,877
Manufacturing Costs	342	348	177	182	202	208	168	202	213	224
Material Costs	1,732	1,413	1,532	1,666	1,907	1,748	1,266	2,059	2,500	2,636
Employee Cost	162	177	178	196	203	213	220	232	273	292
Other Costs ⓘ	439	465	485	508	522	555	528	633	678	725
Operating Profit ⓘ	717	895	999	1,033	1,071	1,153	814	1,066	1,111	1,198
Operating Profit Margin (%)	21.1%	27.1%	29.7%	28.8%	27.4%	29.7%	27.2%	25.4%	23.3%	23.6%
Other Income ⓘ	48	96	87	84	84	65	62	48	67	83
Interest ⓘ	2	1	1	1	1	1	4	2	4	8
Depreciation ⓘ	36	39	45	46	56	70	87	83	81	92
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	726	951	1,040	1,070	1,098	1,147	785	1,029	1,093	1,181
Tax ⓘ	252	336	370	378	390	320	202	271	278	317
Profit After Tax	475	615	670	692	708	827	583	758	815	864
PAT Margin (%)	14.0%	18.7%	19.9%	19.3%	18.1%	21.3%	19.5%	18.1%	17.1%	17.0%
Adjusted EPS (₹)	4.8	6.2	6.8	7.0	7.2	8.4	5.9	7.7	8.2	8.7
Dividend Payout Ratio (%)	78%	72%	81%	100%	70%	66%	93%	72%	79%	86%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Equity and Liabilities
Shareholders Fund	497	576	975	1,010	1,151	1,348	1,390	1,604	1,825	2,043
Share Capital ⓘ	247	247	247	495	495	495	495	495	495	495
Reserves ⓘ	250	328	728	515	656	853	896	1,109	1,330	1,548
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	0	0	0	0	0	0	0	0	0	0
Long Term Debt	0	0	0	0	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	0	0	0	0	0
Trade Payables	538	541	497	607	584	472	546	621	679	706
Others Liabilities ⓘ	395	495	350	305	319	351	395	408	497	593
Total Liabilities ⓘ	1,430	1,612	1,821	1,922	2,054	2,170	2,331	2,633	3,000	3,342
Fixed Assets
Gross Block	376	392	193	221	307	367	426	431	528	558
Accumulated Depreciation	204	236	44	81	120	167	217	217	243	299
Net Fixed Assetsⓘ	172	155	148	140	186	200	209	214	285	259
CWIP ⓘ	16	36	37	57	35	27	44	50	61	108
Investmentsⓘ	0	0	0	0	0	0	0	0	325	488
Inventories	365	305	344	320	457	305	367	492	534	533
Trade Receivables	272	236	255	285	392	482	180	312	350	423
Cash Equivalents ⓘ	431	697	822	784	744	946	1,274	1,300	1,218	1,200
Others Assetsⓘ	174	182	215	335	240	210	257	265	227	331
Total Assets ⓘ	1,430	1,612	1,821	1,922	2,054	2,170	2,331	2,633	3,000	3,342

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Cash Flow From Operating Activity ⓘ	548	740	664	608	549	879	893	630	916	853
PBT ⓘ	726	951	1,040	1,070	1,098	1,147	785	1,029	1,093	1,181
Adjustment ⓘ	10	4	-22	-7	-1	29	43	63	66	61
Changes in Working Capital ⓘ	58	113	25	-65	-149	13	304	-183	31	-71
Tax Paid ⓘ	-247	-328	-379	-389	-400	-309	-240	-280	-274	-319
Cash Flow From Investing Activity ⓘ	-14	2	-33	151	66	-448	-201	-83	62	-251
Capex	-50	-37	-23	-36	-78	-99	-42	-83	-110	-92
Net Investments	0	0	-62	143	92	-398	-201	-38	127	-205
Others ⓘ	36	39	52	44	52	49	42	38	44	46
Cash Flow From Financing Activityⓘ	-697	-478	-568	-656	-567	-628	-564	-558	-608	-664
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-2	-1	-2	-1	-1	-1	-18	-3	-3	-7
Dividend Paid ⓘ	-346	-396	-470	-544	-470	-520	-544	-542	-593	-643
Others ⓘ	-348	-81	-96	-111	-97	-107	-2	-13	-11	-14
Net Cash Flow ⓘ	-163	264	63	104	48	-196	128	-10	370	-62

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Dec'14	Dec'15	Dec'16	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23
Ratios
ROE (%)	76.04	114.75	86.47	69.7	65.56	66.22	42.58	50.64	47.55	44.69
ROCE (%)	116.76	177.51	133.81	107.04	100.6	90.67	56.78	67.44	62.11	59.32
Asset Turnover Ratio	2.73	2.63	2.43	2.37	2.16	2.02	1.49	1.86	1.87	1.6
PAT to CFO Conversion(x)	1.15	1.2	0.99	0.88	0.78	1.06	1.53	0.83	1.12	0.99
Working Capital Days
Receivable Days	23	23	22	22	29	37	36	19	23	28
Inventory Days	33	31	28	27	33	33	37	34	36	38
Payable Days	107	139	124	121	114	110	147	103	95	96

Castrol India Ltd Stock News

Castrol India Ltd FAQs

What is the share price of Castrol India?

Company share prices are keep on changing according to the market conditions. The closing price of Castrol India on 14-Nov-2024 16:59 is ₹190.8.

What is the market cap of Castrol India?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 14-Nov-2024 16:59 the market cap of Castrol India stood at ₹18,872.5.

What is the P/E ratio of Castrol India?

The latest P/E ratio of Castrol India as of 14-Nov-2024 16:59 is 21.02.

What is the P/B ratio of Castrol India?

The latest P/B ratio of Castrol India as of 14-Nov-2024 16:59 is 8.06.

What is the 52-week high and low of Castrol India?

The 52-week high of Castrol India is ₹284.4 and the 52-week low is ₹133.2.

What is the TTM revenue of Castrol India?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Castrol India is ₹5,275 ( Cr.) .

About Castrol India Ltd

Castrol was founded by Charles “Cheers” Wakefield under the name of ‘CC Wakefield & Company’. In 1899 Charles left a job at Vacuum Oil to start a new business selling lubricants for trains and heavy machinery.

Early in the new century, Wakefield took a personal interest in two sporty new motorised contraptions - the automobile and the aeroplane. The company started developing lubricants for these new engines, which needed oils that were runny enough to work from cold at start-up and thick enough to keep working at very high temperatures. Wakefield researchers found that adding a measure of castor oil, a vegetable oil made from castor beans, did the trick nicely. They called the new product “Castrol.” In 1919 John Alcock and Arthur Brown choose Castrol to lubricate their engine on the first trans-Atlantic flight.

Having helped pioneer a new kind of motor oil, CC Wakefield pioneered a new method of getting customers to notice the product: sponsorship. The Castrol name appeared on banners and flags at competitive aviation events, auto races and at attempts to break the land speed record.

By 1960, the name of the motor oil had all but eclipsed that of the company’s larger-than-life founder, and so ‘CC Wakefield& Company’ became, simply, Castrol Ltd. In 1966 The Burmah Oil Company bought Castrol and in 2000 Burmah-Castrol was purchased by BP.

Business area of the company

Castrol India is an India-based company engaged in providing coke and refined petroleum products. The company is involved in manufacturing lubricating oils.

Products offered by the company

Automotive lubricants
Industrial lubricants
Marine & energy lubricants

Awards

2017

‘Eklavya’, Castrol India’s programme on skill development for mechanics, was awarded the runners-up prize at FICCI CSR Awards 2017.
Castrol India received the Golden Peacock Special Commendation for Excellence in Corporate Governance 2017 at a special ceremony in the UK.
Castrol India Limited was recognized as Best Company in the ‘Specialty Oils and Lubricants’ sector at the Dun & Bradstreet Corporate Awards 2017.
Castrol India’s road safety practices won the Best Practice Award at the Ramkrishna Bajaj ‘Making Quality Happen’ 2017 seminar.
Castrol India was winner of the INDIASTAR & PACMACHINE 2017 National Award in packaging design for the development of a unique e-promotional cap used in small retail packs.
Castrol India’s Silvassa plant was the recipient of the 16th Annual Greentech Safety Award for excellence in safety for the third consecutive year.

2018

Castrol India was the winner of the IMC Ramkrishna Bajaj National Quality Awards 2018 in the manufacturing category.
Castrol India won the Golden Peacock Innovation Management Award 2018 for fostering a culture of innovativeness.
Castrol India’s Silvassa plant became the first lubricants plant in India to be awarded the coveted Ford Q1 Certification.
Castrol India’s Patalganga plant was the winner of the Golden Peacock Occupational Health & Safety Award 2018 in the industrial sector.
Castrol India’s Silvassa and Paharpur plants were the recipients of the 17th Annual Greentech Safety Award 2018. Silvassa plant (first from left) won it for the fourth consecutive year.

2019

Castrol India’s manufacturing plants won several recognitions for their exemplary safety performance. The Patalganga plant was the winner of National Safety Council of India Award, the Paharpur plant received the Indian Chamber of Commerce National Occupational Health & Safety Gold Award (image on left) and the Silvassa plant received the GreenTech Safety Award for the fifth consecutive year.
Rashmi Joshi, Chief Financial Officer and Wholetime Director, Castrol India was awarded the overall winner of the Treasury Today Asia Woman of the Year Award at the Adam Smith Awards Asia 2019. She was recognized for demonstrating exceptional innovation in the corporate treasury domain.
Castrol CONNEKT digital tool won two awards at the ACEF Global Customer Engagement Awards in the category of Mobile Marketing for successful use of technology and marketing effectiveness.
Castrol CRB TURBOMAX Truck Aasana campaign was recognized across several national and international platforms, including a gold in the prestigious APAC Effie Awards 2019 in Automotive category (image on left), gold at the India Effie Award in the Automobiles and Experiential Marketing categories and at ACEF Global Customer Engagement Awards 2019 for PR effectiveness.
Castrol Sarathi Mitra, one of Castrol India’s flagship programmes for CSR, was recognized with the Grant Thornton SABERA Award 2019 for its positive impact towards the trucker community.
Kedar Apte, Vice President - Marketing, Castrol India was acknowledged as the CMO of the year for social responsibility at the Pitch CMO Awards 2020 for leadership in purpose-led marketing.

Milestones

2008: Castrol launched its Marine Bio range with improved environmental performance to help protect ocean life
2012: NASA's Curiosity rover began its mission on Mars, lubricated by a Castrol grease
2013: Castrol Industrial lubricates NASAs wheels of success-began its exciting mission on Mars in early August, an innovative Castrol Industrial lubricant called Castrol Braycote 601 EF helped ensure the smooth operation of Curiosity, from its wheels to its cameras
2014: Castrol India and Triumph Motorcycles signed an agreement for a partnership in India.
2015: Castrol launched Nexcel, an oil change system designed to reduce tailpipe emissions, recycle used oil and simplify oil changes
2017: Castrol launched its first bio-synthetic engine oil with 25% renewable plant-based oil