- Total income
- ₹5,468 Cr
- Profit
- ₹927 Cr

About Castrol India Limited
Data last updated:
Castrol India Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Castrol Limited. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 31 May 1979 and has been in existence for over 47 years.
Castrol India is ranked #434 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L23200MH1979PLC021359. Its GSTIN is 27AAACC4481E1ZV (Maharashtra). The company holds 31 GST registrations, of which 21 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500870 and NSE: CASTROLIND.
The company has an authorised share capital of ₹495 Cr and a paid-up capital of ₹494.56 Cr. It is led by directors including Saugata Basuray (Whole-Time Director) and Mrinalini Srinivasan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 March 2026, and its latest financial statements are for the year ended 31 December 2025. The registered office is at Technopolis Knowledge Parkmahakali Caves Road Andheri E, Mumbai, Maharashtra, India – 400093.
As per the latest standalone financials for FY 2024-25, the company reported a revenue of ₹5,721.5 Cr, a growth of 6.6% compared to the previous year. For the same year it recorded a net profit of ₹958.21 Cr (net margin 16.7%) and EBITDA of ₹1,324.99 Cr (EBITDA margin 23.2%). The net worth stands at ₹1,900.3 Cr (down 16.6% YoY). Total assets are valued at ₹2,007.89 Cr (down 15.8% YoY).
The company has about 575 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.9 Cr on record. Court records list 890 cases involving the company, including 538 filed by the company and 354 filed against it; 121 cases are pending. The company has 16 deals on record (12 market trades, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Cr; the latest was in March 2025. Its 8 peer companies in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products) are compared by revenue, 4 larger and 4 smaller; the largest is Haldia Petrochemicals Limited with revenue of ₹14,648 Cr. The company has 21 MSME Form 1 returns on record between 2017 and 2024, listing 1,635 overdue payments to 78 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website castrol.com.
Company details
Recognitions & Rankings of Castrol India
Contact details
Castrol India Limited's registered office is in Mumbai, Maharashtra. Its website is castrol.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTechnopolis Knowledge Parkmahakali Caves Road Andheri E, Mumbai, Maharashtra, India – 400093
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Castrol India Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Castrol India Limited
FY 2024-25 filings availableCastrol India Limited reported revenue of ₹5,721.5 Cr (up 6.6% YoY) for FY 2024-25.
Financial Highlights
Dec 2025 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,722 | 5,365 | 5,075 | 4,774 | 4,192 | 2,997 | 3,877 |
| Revenue growth | +6.7% | +5.7% | +6.3% | +13.9% | +39.9% | -22.7% | - |
| EBITDA | 1,325 | 1,278 | 1,198 | 1,111 | 1,066 | 814 | 1,153 |
| EBITDA margin | +23.2% | +23.8% | +23.6% | +23.3% | +25.4% | +27.2% | +29.7% |
| Profit before tax | 1,282 | 1,258 | 1,181 | 1,093 | 1,029 | 785 | 1,147 |
| Net profit | 958 | 920 | 853 | 810 | 759 | 583 | 828 |
| Net profit margin | +16.8% | +17.2% | +16.8% | +17.0% | +18.1% | +19.5% | +21.4% |
| EPS (₹) | 9.60 | 9.37 | 8.74 | 8.24 | 7.66 | 5.89 | 8.36 |
| Balance sheet | |||||||
| Cash flow | |||||||
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,735 | 1,871 | 1,545 | 1,440 | 1,363 | 1,497 | 1,422 | 1,354 |
| Revenue growth (YoY) | +27.3% | +25.0% | +8.7% | +6.4% | +5.8% | +7.1% | - | - |
| Other income | 13.40 | 14.00 | 23.34 | 13.63 | 12.30 | 9.26 | 32.24 | 23.17 |
| Total expenses | 1,473 | 1,377 | 1,216 | 1,095 | 1,040 | 1,147 | 1,115 | 978 |
| EBITDA | 262 | 494 | 329 | 345 | 323 | 350 | 307 | 376 |
| EBITDA margin | +15.1% | +26.4% | +21.3% | +24.0% | +23.7% | +23.4% | +21.6% | +27.8% |
| Depreciation | 30.34 | 30.45 | 27.67 | 24.48 | 25.17 | 26.62 | 24.55 | 25.42 |
| Interest | 1.72 | 1.70 | 1.87 | 2.28 | 2.06 | 2.62 | 2.33 | 2.68 |
| Profit before tax | 243 | 476 | 323 | 332 | 308 | 330 | 313 | 371 |
| Tax | 67.01 | 128 | 80.93 | 87.51 | 80.07 | 85.54 | 79.26 | 99.54 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,735 | 1,871 | 1,545 | 1,440 | 1,363 | 1,497 | 1,422 | 1,354 |
| Revenue growth (YoY) | +27.3% | +25.0% | +8.7% | +6.4% | +5.8% | +7.1% | - | - |
| Other income | 13.40 | 14.00 | 23.34 | 13.63 | 12.30 | 9.26 | 32.24 | 23.17 |
| Total expenses | 1,473 | 1,377 | 1,216 | 1,095 | 1,040 | 1,147 | 1,115 | 978 |
| EBITDA | 262 | 494 | 329 | 345 | 323 | 350 | 307 | 376 |
| EBITDA margin | +15.1% | +26.4% | +21.3% | +24.0% | +23.7% | +23.4% | +21.6% | +27.8% |
| Depreciation | 30.34 | 30.45 | 27.67 | 24.48 | 25.17 | 26.62 | 24.55 | 25.42 |
| Interest | 1.72 | 1.70 | 1.87 | 2.28 | 2.06 | 2.62 | 2.33 | 2.68 |
| Profit before tax | 243 | 476 | 323 | 332 | 308 | 330 | 313 | 371 |
| Tax | 67.01 | 128 | 80.93 | 87.51 | 80.07 | 85.54 | 79.26 | 99.54 |
| Particulars | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,722 | 5,365 | 5,075 | 4,774 | 4,192 | 2,997 | 3,877 |
| Revenue growth | +6.7% | +5.7% | +6.3% | +13.9% | +39.9% | -22.7% | - |
| Other income | 67.43 | 88.61 | 83.15 | 67.05 | 48.43 | 62.03 | 64.77 |
| Total expenses | 4,397 | 4,087 | 3,877 | 3,663 | 3,126 | 2,183 | 2,724 |
| Employee cost | 296 | 313 | 292 | 273 | 232 | 220 | 213 |
| EBITDA | 1,325 | 1,278 | 1,198 | 1,111 | 1,066 | 814 | 1,153 |
| EBITDA margin | +23.2% | +23.8% | +23.6% | +23.3% | +25.4% | +27.2% | +29.7% |
| Depreciation | 101 | 99.77 | 92.43 | 81.39 | 82.70 | 86.62 | 69.74 |
| Interest | 9.29 | 9.38 | 7.53 | 4.01 | 2.41 | 4.16 | 1.19 |
| Profit before tax | 1,282 | 1,258 | 1,181 | 1,093 | 1,029 | 785 | 1,147 |
| Tax | 332 | 330 | 317 | 278 | 271 | 202 | 320 |
| Net profit | 958 | 920 | 853 | 810 | 759 | 583 | 828 |
| Net profit margin | +16.8% | +17.2% | +16.8% | +17.0% | +18.1% | +19.5% | +21.4% |
| EPS (₹) | 9.60 | 9.37 | 8.74 | 8.24 | 7.66 | 5.89 | 8.36 |
| Particulars | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.7% | +5.7% | +6.3% | +13.9% | +39.9% | -22.7% | - |
| EBITDA growth | +3.7% | +6.7% | +7.8% | +4.2% | +30.9% | -29.4% | - |
| PBT growth | +2.0% | +6.5% | +8.1% | +6.2% | +31.1% | -31.5% | +4.4% |
| Net income growth | +4.1% | +7.9% | +5.2% | +6.8% | +30.1% | -29.6% | - |
| Revenue CAGR (3Y) | +6.2% | +8.6% | +19.2% | +7.2% | +2.4% | -5.8% | +4.8% |
| EBITDA CAGR (3Y) | +6.0% | +6.2% | +13.7% | -1.2% | -0.2% | -7.6% | +4.9% |
| Profitability & leverage | |||||||
| Net income margin | +16.6% | +17.3% | +17.0% | +17.1% | +18.1% | +19.5% | +21.3% |
| Return on capital employed | +58.8% | +55.0% | +56.9% | +60.4% | +66.1% | +55.7% | +89.4% |
| Return on net worth | +45.5% | +42.2% | +43.1% | +46.2% | +49.6% | +41.9% | +65.3% |
| Debt / equity | 0.03 | 0.04 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.02 | 0.03 | 0.03 | 0.01 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.76 | 0.80 | 0.68 | 0.39 | 0.25 | 0.57 | 0.11 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 9.20 | 9.27 | 9.72 | 10.20 | 9.76 | 7.55 | 11.51 |
| Inventory turnover | 10.69 | 10.15 | 9.51 | 9.31 | 9.77 | 8.92 | 10.18 |
| Debtors turnover | 12.56 | 12.47 | 13.13 | 14.42 | 17.04 | 9.05 | 8.87 |
| EPS (₹) | 9.60 | 9.37 | 8.74 | 8.24 | 7.66 | 5.89 | 8.36 |
| Dividend per share (₹) | 8.75 | 14.00 | 7.50 | 6.50 | 5.50 | 5.50 | 5.50 |
| Book value per share (₹) | 19.21 | 23.03 | 21.45 | 19.07 | 16.64 | 14.30 | 13.82 |
To see the full year-wise statements and ratios of Castrol India Limited, buy the company report.
Board of directors of Castrol India Limited
Castrol India has 7 current directors and 38 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Talwar | Director | 23 Jul 2018 | 8 Years 3 Months | Current |
| Rakesh Makhija | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Saugata Basuray Also directs: TVS Automobile Solutions Private Limited | Whole-Time Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Mrinalini Srinivasan | Whole-Time Director | 12 Sep 2025 | 1 Years 1 Months | Current |
| Nisha Bhavesh Trivedi | Nominee Director | 03 Feb 2025 | 1 Years 8 Months | Current |
| Kartikeya Dube Also directs: Navin Fluorine International Limited, India Gas Solutions Private Limited, Bhavnagar Port Infrastructure Private Limited and 2 more | Nominee Director | 30 Jul 2024 | 2 Years 2 Months | Current |
Peer comparison
Castrol India Limited is compared with the 8 companies closest to it by revenue in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Haldia Petrochemicals Limited | ₹14,648 Cr (FY 2025) | -2.0% | Kolkata, West Bengal, India | |||
| Ongc Petro Additions Limited | ₹11,534 Cr (FY 2021) | 13.0% | Gujarat, India | |||
| Deepak Fertilisers and Petrochemicals Corporation Ltd | ₹10,355 Cr (FY 2025) | 18.0% | Pune, Maharashtra, India | |||
| Dorf-Ketal Chemicals India Limited | ₹6,237.15 Cr (FY 2025) | 12.0% | Mundra, Gujarat, India | |||
| Castrol India Limitedthis company | ₹5,721.5 Cr (FY 2025) | ₹958.21 Cr | 16.7% | 6.6% | 575 | Mumbai, Maharashtra, India |
| Fertilisers and Chemicals Travancore Ltd | ₹4,267.36 Cr (FY 2025) | -19.0% | Ernakulam, Kerala, India | |||
| Brahmaputra Cracker and Polymer Limited | ₹3,822.75 Cr (FY 2025) | 19.0% | Gmc, Assam, India | |||
| Gulf Oil Lubricants India Limited | ₹3,729.9 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Ongc Mangalore Petrochemicals Limited | ₹3,398.63 Cr (FY 2021) | -31.0% | Mangalore, Karnataka, India |
To see the full peer comparison of Castrol India Limited, buy the company report.
Auditor
Castrol India Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 51.00%, foreign institutional investors hold 8.20%, domestic institutional investors hold 14.40% and retail and other public shareholders hold 26.40%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 51.00% | 51.00% | 51.00% | 51.00% |
| Public | 49.00% | 49.00% | 49.00% | 49.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Aug 1995 | 90165146 | Canara Bank | ₹1.5 Cr | Open | |
| 30 May 1995 | 90167064 | Honkong Bank Pvt Ltd | ₹1.2 Cr | Open | |
| 09 Sep 1994 | 90165080 | Canara Bank | ₹4 Cr | Open | |
| 14 Jun 1994 | 90166289 | Canara Bank | ₹33 Lakh | Open | |
| 14 Mar 1994 | 90166274 | Canara Bank | ₹33 Lakh | Open |
To see the full charge records of Castrol India Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Castrol India Limited has 16 deals on record (12 market trades, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Cr; the latest was in March 2025.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹180.42 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2024 | Market trade | ₹127.07 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jul 2024 | Market trade | ₹206.16 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2023 | Market trade | ₹89.32 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jun 2017 | Market trade | ₹22.27 Cr | Buyer: Castrol India Limited Seller: Bp Mauritius Limited |
To see the full deal history of Castrol India Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Castrol India Limited has 890 court cases on record: 538 filed by Castrol India, 354 filed against it. 121 cases are pending and 769 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 541 | 198 | 71 |
| District courts | 307 | 134 | 48 |
| Supreme Court | 38 | 22 | 2 |
| NCLAT | 3 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 890)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by Deputy Commissioner of Income Tax Circle and 5 others | Disposed |
| Supreme Court | Court case (2404-Indirect Taxation : Value Added Tax (VAT), State Sales Tax Act) | Filed against the company by State of Kerala | Disposed |
| Calcutta High Court | Court case (CO) | Filed against the company by Dalhousie Holdings Limited | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Original Suits (OS)) | Filed against the company by Ms Etn Services Pvt Limited Through Mudasir Ahmad Khuroo | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Chothani Fibres Pvt Ltd | Pending |
To see the full case history of Castrol India Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Castrol India Limited has 21 MSME Form 1 returns on record between 2017 and 2024, listing 1,635 overdue payments to 78 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| First Global Services Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Castrol India Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Castrol India Limited has a workforce of 575 employees on its EPFO records as of Sep 23, 2025, across 1 active EPFO establishment.
GST
Castrol India has 31 GST registrations: 21 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC4481E1ZV | Maharashtra | Active | 01 Jul 2017 |
| 27AAACC4481E2ZU | Maharashtra | Active | 06 Jul 2017 |
| 03AAACC4481E1Z5 | Punjab | Active | 01 Jul 2017 |
| 06AAACC4481E1ZZ | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Castrol India Limited, buy the company report.
Recent activity
Castrol India Limited has 71 board changes on record since 1996: 40 appointments and 31 cessations. The latest: Kedar Lele ceased to be Managing Director on 31 Dec 2025.
76 earlier events are in the company report.
News
Frequently asked questions
Castrol India is an active public limited company based in Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 31 May 1979 (47+ years old) and is registered under CIN L23200MH1979PLC021359. Listed on BSE: 500870 and NSE: CASTROLIND.
Castrol India reported revenue of ₹5,721.5 Cr for FY 2024-25 (up 6.6% YoY) based on standalone financials.
Castrol India has 7 current directors:
- Saugata Basuray - Whole-Time Director
- Mrinalini Srinivasan - Whole-Time Director
- Sangeeta Talwar - Director
- Rakesh Makhija - Director
- Nisha Bhavesh Trivedi - Nominee Director
- Kartikeya Dube - Nominee Director
- Satyavati Berera - Director
The latest financial statements of Castrol India on record with the MCA are for the year ended 31 December 2025. Its last annual general meeting was held on 30 March 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Castrol India is 27AAACC4481E1ZV, registered in Maharashtra. The company has 31 GST registrations in all, of which 21 are active and 10 are cancelled or inactive. Other active GSTINs include 27AAACC4481E2ZU (Maharashtra), 03AAACC4481E1Z5 (Punjab), 06AAACC4481E1ZZ (Haryana).
The CIN (Corporate Identification Number) of Castrol India is L23200MH1979PLC021359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Castrol India is a listed company as per MCA records. Its shares are listed on both BSE (code: 500870) and NSE (symbol: CASTROLIND).
Castrol India has 890 court cases on record: 538 filed by the company and 354 filed against it. 121 are pending. Most are in the high courts.
Castrol India was incorporated on 31 May 1979, making it 47+ years old. It is registered with the Registrar of Companies, Mumbai.
Castrol India has 16 deals on record (12 market trades, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹33.5 Cr; the latest was in March 2025.
The peers of Castrol India by revenue are Haldia Petrochemicals Limited, Ongc Petro Additions Limited, Deepak Fertilisers and Petrochemicals Corporation Ltd, Dorf-Ketal Chemicals India Limited, Fertilisers and Chemicals Travancore Ltd and 3 more, all in the Chemicals industry (Petrochemicals), with the same principal business activity (coke and refined petroleum products).
Kedar Lele ceased to be Managing Director on 31 Dec 2025. Mrinalini Srinivasan was appointed as Whole-Time Director on 12 Sep 2025. Deepesh Baxi ceased to be Whole-Time Director on 13 Mar 2025. Castrol India has 71 board changes on record in total.