Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Castrol India share price today

Castrol India Ltd · NSE: CASTROLIND · Lubricants · prices and results as of 5 November 2026, updated weekly · research updated 26 October 2026

Castrol India share price today: ₹194.21 at the NSE close on 5 November 2026, up 1.6% in a year. Castrol India (NSE: CASTROLIND) is worth ₹19,212 crore, trades at a P/E of 18.7 and has closed between ₹175.08 and ₹201.61 over the past 52 weeks. Latest change: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare).

Growing steadilyBusiness trend from the last 12 quarters
₹194.21Price +1.6% in a year
18.7×P/E lower than 58% of the last 11 years
₹1,735 CrRevenue (Sep 2026) +27.3% on a year ago
₹176 CrProfit (Sep 2026) −22.8% on a year ago
15.0%Operating margin −9.0 points on a year ago
60%ROCE FY25
90.8%ROIC against a 12.0% cost of capital: +78.8 points

Castrol India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer.

Biggest thing to watch: the price has already been rising for 4 weeks, so timing is the risk more than the business.

The price has been rising for 4 weeks, and the P/E is lower than 58% of its own last 11 years. Over the last four quarters, results have been deteriorating, with profit −22.8% on a year earlier, and 109% of the last 3 years' profit came in as cash. What will decide it: the next one or two quarters of results.

What is the Castrol India share price today?

Castrol India Ltd's share price was ₹194.21 at the close on 5 November 2026. It has been rising for 4 weeks. That is 2.1% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹175 and ₹202, and at that close it sat 72% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Castrol India Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 11 weeks in a row.

1Y

Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.

  • Price ₹194
  • 50-day avg ₹193
  • 200-day avg ₹190
Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025₹195₹202₹207
7 Nov 2025₹191₹201₹207
14 Nov 2025₹193₹199₹206
21 Nov 2025₹189₹198₹205
28 Nov 2025₹192₹197₹205
5 Dec 2025₹191₹196₹204
12 Dec 2025₹184₹194₹203
19 Dec 2025₹183₹192₹202
26 Dec 2025₹193₹191₹202
2 Jan 2026₹192₹191₹201
9 Jan 2026₹189₹191₹201
16 Jan 2026₹185₹190₹200
23 Jan 2026₹184₹189₹199
1 Feb 2026₹183₹188₹199
6 Feb 2026₹185₹188₹198
13 Feb 2026₹185₹188₹197
20 Feb 2026₹188₹188₹197
27 Feb 2026₹187₹188₹196
6 Mar 2026₹187₹187₹196
13 Mar 2026₹186₹187₹196
20 Mar 2026₹187₹187₹195
27 Mar 2026₹175₹185₹194
2 Apr 2026₹178₹184₹194
10 Apr 2026₹179₹183₹193
17 Apr 2026₹182₹183₹193
24 Apr 2026₹183₹183₹192
30 Apr 2026₹185₹183₹192
8 May 2026₹185₹184₹192
15 May 2026₹181₹183₹191
22 May 2026₹182₹183₹191
29 May 2026₹183₹183₹190
4 Jun 2026₹184₹183₹190
5 Jun 2026₹184₹183₹190
10 Jun 2026₹183₹183₹190
12 Jun 2026₹183₹183₹190
17 Jun 2026₹184₹183₹190
19 Jun 2026₹186₹184₹189
24 Jun 2026₹188₹184₹189
25 Jun 2026₹185₹184₹189
1 Jul 2026₹184₹184₹189
3 Jul 2026₹184₹184₹189
10 Jul 2026₹184₹184₹189
17 Jul 2026₹184₹184₹189
24 Jul 2026₹185₹184₹188
31 Jul 2026₹185₹184₹188
7 Aug 2026₹192₹185₹188
14 Aug 2026₹187₹186₹188
21 Aug 2026₹188₹186₹188
28 Aug 2026₹185₹186₹188
4 Sep 2026₹190₹186₹188
11 Sep 2026₹188₹187₹188
18 Sep 2026₹197₹187₹188
25 Sep 2026₹202₹189₹189
28 Sep 2026₹202₹190₹189
1 Oct 2026₹199₹191₹189
9 Oct 2026₹195₹192₹190
16 Oct 2026₹198₹193₹190
23 Oct 2026₹195₹193₹190
30 Oct 2026₹188₹192₹190
5 Nov 2026₹194₹193₹190
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.

  • Price ₹194
  • 50-day avg ₹193
  • 200-day avg ₹190
Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023₹134₹140₹131
12 Nov 2023₹137₹139₹132
17 Nov 2023₹134₹138₹132
24 Nov 2023₹141₹138₹132
1 Dec 2023₹140₹138₹132
8 Dec 2023₹140₹139₹133
15 Dec 2023₹146₹139₹133
22 Dec 2023₹163₹142₹134
29 Dec 2023₹180₹147₹136
5 Jan 2024₹188₹155₹138
12 Jan 2024₹178₹160₹140
20 Jan 2024₹179₹163₹143
25 Jan 2024₹175₹164₹143
2 Feb 2024₹198₹170₹146
9 Feb 2024₹202₹175₹148
16 Feb 2024₹208₹179₹151
23 Feb 2024₹204₹184₹154
2 Mar 2024₹214₹189₹157
7 Mar 2024₹210₹192₹159
15 Mar 2024₹197₹193₹161
22 Mar 2024₹192₹194₹162
28 Mar 2024₹186₹193₹163
5 Apr 2024₹209₹196₹165
12 Apr 2024₹223₹199₹167
19 Apr 2024₹208₹201₹169
26 Apr 2024₹213₹203₹171
3 May 2024₹196₹203₹172
10 May 2024₹191₹201₹174
18 May 2024₹195₹199₹175
24 May 2024₹193₹198₹175
31 May 2024₹195₹197₹176
7 Jun 2024₹195₹195₹177
14 Jun 2024₹204₹197₹178
21 Jun 2024₹211₹198₹179
28 Jun 2024₹201₹199₹180
5 Jul 2024₹254₹206₹183
12 Jul 2024₹252₹214₹186
19 Jul 2024₹247₹221₹189
26 Jul 2024₹266₹229₹193
2 Aug 2024₹260₹235₹196
9 Aug 2024₹256₹238₹199
16 Aug 2024₹252₹240₹201
23 Aug 2024₹266₹244₹204
30 Aug 2024₹265₹248₹207
6 Sep 2024₹264₹252₹210
13 Sep 2024₹259₹253₹212
20 Sep 2024₹250₹253₹214
27 Sep 2024₹244₹252₹216
4 Oct 2024₹228₹250₹217
11 Oct 2024₹228₹246₹217
18 Oct 2024₹222₹242₹218
25 Oct 2024₹205₹236₹217
1 Nov 2024₹214₹231₹217
8 Nov 2024₹207₹227₹217
14 Nov 2024₹190₹223₹216
22 Nov 2024₹199₹218₹215
29 Nov 2024₹201₹214₹214
6 Dec 2024₹222₹215₹214
13 Dec 2024₹211₹215₹214
20 Dec 2024₹201₹213₹214
27 Dec 2024₹196₹210₹213
3 Jan 2025₹202₹209₹212
10 Jan 2025₹190₹206₹212
17 Jan 2025₹185₹202₹210
24 Jan 2025₹175₹198₹209
1 Feb 2025₹178₹193₹207
7 Feb 2025₹210₹194₹206
14 Feb 2025₹197₹196₹206
21 Feb 2025₹215₹198₹206
28 Feb 2025₹213₹201₹207
7 Mar 2025₹241₹206₹208
13 Mar 2025₹231₹211₹209
21 Mar 2025₹217₹213₹210
28 Mar 2025₹203₹212₹210
4 Apr 2025₹203₹211₹209
11 Apr 2025₹199₹209₹209
17 Apr 2025₹202₹208₹209
25 Apr 2025₹203₹208₹209
2 May 2025₹199₹207₹208
9 May 2025₹200₹206₹208
16 May 2025₹211₹206₹208
23 May 2025₹208₹207₹208
30 May 2025₹216₹207₹208
6 Jun 2025₹217₹209₹209
13 Jun 2025₹212₹211₹209
20 Jun 2025₹207₹210₹209
27 Jun 2025₹217₹211₹209
4 Jul 2025₹221₹213₹210
11 Jul 2025₹220₹214₹210
18 Jul 2025₹222₹216₹211
25 Jul 2025₹222₹217₹212
1 Aug 2025₹218₹218₹212
8 Aug 2025₹213₹218₹212
14 Aug 2025₹205₹216₹212
22 Aug 2025₹206₹215₹212
29 Aug 2025₹197₹213₹211
5 Sep 2025₹198₹210₹211
12 Sep 2025₹197₹208₹210
19 Sep 2025₹203₹207₹210
26 Sep 2025₹196₹206₹209
3 Oct 2025₹203₹205₹209
10 Oct 2025₹201₹204₹209
17 Oct 2025₹199₹204₹208
24 Oct 2025₹199₹203₹208
31 Oct 2025₹195₹202₹207
7 Nov 2025₹191₹201₹207
14 Nov 2025₹193₹199₹206
21 Nov 2025₹189₹198₹205
28 Nov 2025₹192₹197₹205
5 Dec 2025₹191₹196₹204
12 Dec 2025₹184₹194₹203
19 Dec 2025₹183₹192₹202
26 Dec 2025₹193₹191₹202
2 Jan 2026₹192₹191₹201
9 Jan 2026₹189₹191₹201
16 Jan 2026₹185₹190₹200
23 Jan 2026₹184₹189₹199
1 Feb 2026₹183₹188₹199
6 Feb 2026₹185₹188₹198
13 Feb 2026₹185₹188₹197
20 Feb 2026₹188₹188₹197
27 Feb 2026₹187₹188₹196
6 Mar 2026₹187₹187₹196
13 Mar 2026₹186₹187₹196
20 Mar 2026₹187₹187₹195
27 Mar 2026₹175₹185₹194
2 Apr 2026₹178₹184₹194
10 Apr 2026₹179₹183₹193
17 Apr 2026₹182₹183₹193
24 Apr 2026₹183₹183₹192
30 Apr 2026₹185₹183₹192
8 May 2026₹185₹184₹192
15 May 2026₹181₹183₹191
22 May 2026₹182₹183₹191
29 May 2026₹183₹183₹190
4 Jun 2026₹184₹183₹190
5 Jun 2026₹184₹183₹190
10 Jun 2026₹183₹183₹190
12 Jun 2026₹183₹183₹190
17 Jun 2026₹184₹183₹190
19 Jun 2026₹186₹184₹189
24 Jun 2026₹188₹184₹189
25 Jun 2026₹185₹184₹189
1 Jul 2026₹184₹184₹189
3 Jul 2026₹184₹184₹189
10 Jul 2026₹184₹184₹189
17 Jul 2026₹184₹184₹189
24 Jul 2026₹185₹184₹188
31 Jul 2026₹185₹184₹188
7 Aug 2026₹192₹185₹188
14 Aug 2026₹187₹186₹188
21 Aug 2026₹188₹186₹188
28 Aug 2026₹185₹186₹188
4 Sep 2026₹190₹186₹188
11 Sep 2026₹188₹187₹188
18 Sep 2026₹197₹187₹188
25 Sep 2026₹202₹189₹189
28 Sep 2026₹202₹190₹189
1 Oct 2026₹199₹191₹189
9 Oct 2026₹195₹192₹190
16 Oct 2026₹198₹193₹190
23 Oct 2026₹195₹193₹190
30 Oct 2026₹188₹192₹190
5 Nov 2026₹194₹193₹190
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.

  • Price ₹194
  • 50-day avg ₹193
  • 200-day avg ₹190
Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021₹138₹140₹135
12 Nov 2021₹136₹140₹135
26 Nov 2021₹128₹137₹135
10 Dec 2021₹126₹134₹134
24 Dec 2021₹122₹130₹133
7 Jan 2022₹122₹128₹132
21 Jan 2022₹123₹127₹132
4 Feb 2022₹123₹126₹131
18 Feb 2022₹115₹123₹130
4 Mar 2022₹108₹119₹128
17 Mar 2022₹106₹116₹126
1 Apr 2022₹103₹111₹124
13 Apr 2022₹106₹110₹122
29 Apr 2022₹108₹109₹121
13 May 2022₹101₹107₹120
27 May 2022₹108₹107₹118
10 Jun 2022₹105₹107₹117
24 Jun 2022₹102₹106₹116
8 Jul 2022₹108₹106₹115
22 Jul 2022₹110₹107₹115
5 Aug 2022₹117₹110₹114
19 Aug 2022₹115₹111₹115
2 Sep 2022₹114₹112₹114
16 Sep 2022₹113₹113₹115
30 Sep 2022₹113₹113₹114
14 Oct 2022₹122₹114₹115
28 Oct 2022₹124₹117₹115
11 Nov 2022₹124₹119₹116
25 Nov 2022₹131₹123₹118
9 Dec 2022₹131₹125₹119
23 Dec 2022₹117₹126₹120
6 Jan 2023₹126₹126₹120
20 Jan 2023₹120₹125₹120
3 Feb 2023₹117₹123₹120
17 Feb 2023₹121₹122₹120
3 Mar 2023₹116₹120₹120
17 Mar 2023₹110₹118₹119
31 Mar 2023₹111₹116₹118
13 Apr 2023₹114₹115₹118
28 Apr 2023₹120₹116₹118
12 May 2023₹115₹116₹118
26 May 2023₹114₹115₹118
9 Jun 2023₹113₹115₹117
23 Jun 2023₹120₹117₹118
7 Jul 2023₹128₹119₹118
21 Jul 2023₹134₹123₹119
4 Aug 2023₹152₹130₹122
18 Aug 2023₹147₹136₹124
1 Sep 2023₹143₹138₹126
15 Sep 2023₹145₹142₹128
29 Sep 2023₹139₹142₹129
13 Oct 2023₹147₹141₹130
27 Oct 2023₹137₹141₹131
12 Nov 2023₹137₹139₹132
24 Nov 2023₹141₹138₹132
8 Dec 2023₹140₹139₹133
22 Dec 2023₹163₹142₹134
5 Jan 2024₹188₹155₹138
20 Jan 2024₹179₹163₹143
2 Feb 2024₹198₹170₹146
16 Feb 2024₹208₹179₹151
2 Mar 2024₹214₹189₹157
15 Mar 2024₹197₹193₹161
28 Mar 2024₹186₹193₹163
12 Apr 2024₹223₹199₹167
26 Apr 2024₹213₹203₹171
10 May 2024₹191₹201₹174
24 May 2024₹193₹198₹175
7 Jun 2024₹195₹195₹177
21 Jun 2024₹211₹198₹179
5 Jul 2024₹254₹206₹183
19 Jul 2024₹247₹221₹189
2 Aug 2024₹260₹235₹196
16 Aug 2024₹252₹240₹201
30 Aug 2024₹265₹248₹207
13 Sep 2024₹259₹253₹212
27 Sep 2024₹244₹252₹216
11 Oct 2024₹228₹246₹217
25 Oct 2024₹205₹236₹217
8 Nov 2024₹207₹227₹217
22 Nov 2024₹199₹218₹215
6 Dec 2024₹222₹215₹214
20 Dec 2024₹201₹213₹214
3 Jan 2025₹202₹209₹212
17 Jan 2025₹185₹202₹210
1 Feb 2025₹178₹193₹207
14 Feb 2025₹197₹196₹206
28 Feb 2025₹213₹201₹207
13 Mar 2025₹231₹211₹209
28 Mar 2025₹203₹212₹210
11 Apr 2025₹199₹209₹209
25 Apr 2025₹203₹208₹209
9 May 2025₹200₹206₹208
23 May 2025₹208₹207₹208
6 Jun 2025₹217₹209₹209
20 Jun 2025₹207₹210₹209
4 Jul 2025₹221₹213₹210
18 Jul 2025₹222₹216₹211
1 Aug 2025₹218₹218₹212
14 Aug 2025₹205₹216₹212
29 Aug 2025₹197₹213₹211
12 Sep 2025₹197₹208₹210
26 Sep 2025₹196₹206₹209
10 Oct 2025₹201₹204₹209
24 Oct 2025₹199₹203₹208
7 Nov 2025₹191₹201₹207
21 Nov 2025₹189₹198₹205
5 Dec 2025₹191₹196₹204
19 Dec 2025₹183₹192₹202
2 Jan 2026₹192₹191₹201
16 Jan 2026₹185₹190₹200
1 Feb 2026₹183₹188₹199
13 Feb 2026₹185₹188₹197
27 Feb 2026₹187₹188₹196
13 Mar 2026₹186₹187₹196
27 Mar 2026₹175₹185₹194
10 Apr 2026₹179₹183₹193
24 Apr 2026₹183₹183₹192
8 May 2026₹185₹184₹192
22 May 2026₹182₹183₹191
4 Jun 2026₹184₹183₹190
10 Jun 2026₹183₹183₹190
17 Jun 2026₹184₹183₹190
24 Jun 2026₹188₹184₹189
1 Jul 2026₹184₹184₹189
10 Jul 2026₹184₹184₹189
24 Jul 2026₹185₹184₹188
7 Aug 2026₹192₹185₹188
21 Aug 2026₹188₹186₹188
4 Sep 2026₹190₹186₹188
18 Sep 2026₹197₹187₹188
28 Sep 2026₹202₹190₹189
9 Oct 2026₹195₹192₹190
23 Oct 2026₹195₹193₹190
5 Nov 2026₹194₹193₹190
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.

  • Price ₹194
  • 50-day avg ₹193
  • 200-day avg ₹190
Nov 2026: ₹194, 2.1% above its 200-day average. The price has been rising for 4 weeks.
WeekPrice50-day avg200-day avg
30 Oct 2016₹229₹228₹214
18 Nov 2016₹196₹221₹213
9 Dec 2016₹200₹211₹211
30 Dec 2016₹190₹200₹208
20 Jan 2017₹197₹198₹206
10 Feb 2017₹209₹202₹206
3 Mar 2017₹204₹205₹207
24 Mar 2017₹210₹206₹207
13 Apr 2017₹216₹209₹208
5 May 2017₹218₹213₹209
26 May 2017₹210₹214₹210
16 Jun 2017₹206₹210₹209
7 Jul 2017₹200₹207₹209
28 Jul 2017₹201₹205₹208
18 Aug 2017₹194₹201₹206
8 Sep 2017₹196₹198₹205
29 Sep 2017₹178₹193₹202
19 Oct 2017₹189₹190₹200
10 Nov 2017₹198₹194₹200
1 Dec 2017₹200₹196₹200
22 Dec 2017₹201₹199₹200
12 Jan 2018₹190₹196₹199
2 Feb 2018₹180₹192₹198
23 Feb 2018₹194₹192₹197
16 Mar 2018₹205₹197₹198
6 Apr 2018₹207₹200₹198
27 Apr 2018₹196₹201₹199
18 May 2018₹173₹192₹197
8 Jun 2018₹174₹184₹193
29 Jun 2018₹164₹177₹190
20 Jul 2018₹159₹169₹186
10 Aug 2018₹158₹167₹183
31 Aug 2018₹159₹163₹180
21 Sep 2018₹154₹160₹177
12 Oct 2018₹144₹153₹172
2 Nov 2018₹146₹149₹169
22 Nov 2018₹149₹149₹166
14 Dec 2018₹149₹149₹164
4 Jan 2019₹148₹150₹162
25 Jan 2019₹164₹155₹162
15 Feb 2019₹147₹154₹161
8 Mar 2019₹162₹155₹160
29 Mar 2019₹166₹158₹161
18 Apr 2019₹164₹162₹161
10 May 2019₹147₹158₹160
31 May 2019₹147₹152₹158
21 Jun 2019₹140₹148₹156
12 Jul 2019₹127₹140₹153
2 Aug 2019₹117₹133₹149
23 Aug 2019₹120₹127₹145
13 Sep 2019₹131₹125₹142
4 Oct 2019₹132₹128₹141
27 Oct 2019₹152₹132₹140
15 Nov 2019₹145₹139₹141
6 Dec 2019₹135₹141₹142
27 Dec 2019₹128₹136₹140
17 Jan 2020₹138₹133₹139
7 Feb 2020₹145₹136₹139
28 Feb 2020₹147₹143₹140
20 Mar 2020₹114₹136₹139
9 Apr 2020₹116₹124₹135
30 Apr 2020₹130₹122₹133
22 May 2020₹111₹120₹131
12 Jun 2020₹122₹121₹130
3 Jul 2020₹121₹122₹129
24 Jul 2020₹115₹121₹127
14 Aug 2020₹122₹120₹126
4 Sep 2020₹120₹121₹125
25 Sep 2020₹110₹118₹124
16 Oct 2020₹107₹114₹122
6 Nov 2020₹112₹113₹121
27 Nov 2020₹125₹116₹121
18 Dec 2020₹126₹122₹122
8 Jan 2021₹129₹123₹122
29 Jan 2021₹128₹125₹123
19 Feb 2021₹129₹127₹124
12 Mar 2021₹130₹129₹125
1 Apr 2021₹125₹127₹125
23 Apr 2021₹123₹125₹124
14 May 2021₹130₹126₹125
4 Jun 2021₹141₹129₹126
25 Jun 2021₹146₹138₹129
16 Jul 2021₹143₹141₹131
6 Aug 2021₹141₹141₹132
27 Aug 2021₹134₹138₹133
17 Sep 2021₹136₹137₹133
8 Oct 2021₹143₹139₹134
29 Oct 2021₹138₹140₹135
18 Nov 2021₹134₹139₹135
10 Dec 2021₹126₹134₹134
31 Dec 2021₹123₹129₹133
21 Jan 2022₹123₹127₹132
11 Feb 2022₹120₹125₹130
4 Mar 2022₹108₹119₹128
25 Mar 2022₹103₹113₹125
13 Apr 2022₹106₹110₹122
6 May 2022₹106₹108₹120
27 May 2022₹108₹107₹118
17 Jun 2022₹102₹106₹117
8 Jul 2022₹108₹106₹115
29 Jul 2022₹114₹108₹114
19 Aug 2022₹115₹111₹115
9 Sep 2022₹115₹112₹114
30 Sep 2022₹113₹113₹114
21 Oct 2022₹124₹116₹115
11 Nov 2022₹124₹119₹116
2 Dec 2022₹130₹124₹118
23 Dec 2022₹117₹126₹120
13 Jan 2023₹124₹125₹120
3 Feb 2023₹117₹123₹120
24 Feb 2023₹119₹121₹120
17 Mar 2023₹110₹118₹119
6 Apr 2023₹114₹115₹118
28 Apr 2023₹120₹116₹118
19 May 2023₹113₹116₹118
9 Jun 2023₹113₹115₹117
30 Jun 2023₹121₹117₹118
21 Jul 2023₹134₹123₹119
11 Aug 2023₹152₹134₹123
1 Sep 2023₹143₹138₹126
22 Sep 2023₹140₹143₹129
13 Oct 2023₹147₹141₹130
3 Nov 2023₹134₹140₹131
24 Nov 2023₹141₹138₹132
15 Dec 2023₹146₹139₹133
5 Jan 2024₹188₹155₹138
25 Jan 2024₹175₹164₹143
16 Feb 2024₹208₹179₹151
7 Mar 2024₹210₹192₹159
28 Mar 2024₹186₹193₹163
19 Apr 2024₹208₹201₹169
10 May 2024₹191₹201₹174
31 May 2024₹195₹197₹176
21 Jun 2024₹211₹198₹179
12 Jul 2024₹252₹214₹186
2 Aug 2024₹260₹235₹196
23 Aug 2024₹266₹244₹204
13 Sep 2024₹259₹253₹212
4 Oct 2024₹228₹250₹217
25 Oct 2024₹205₹236₹217
14 Nov 2024₹190₹223₹216
6 Dec 2024₹222₹215₹214
27 Dec 2024₹196₹210₹213
17 Jan 2025₹185₹202₹210
7 Feb 2025₹210₹194₹206
28 Feb 2025₹213₹201₹207
21 Mar 2025₹217₹213₹210
11 Apr 2025₹199₹209₹209
2 May 2025₹199₹207₹208
23 May 2025₹208₹207₹208
13 Jun 2025₹212₹211₹209
4 Jul 2025₹221₹213₹210
25 Jul 2025₹222₹217₹212
14 Aug 2025₹205₹216₹212
5 Sep 2025₹198₹210₹211
26 Sep 2025₹196₹206₹209
17 Oct 2025₹199₹204₹208
7 Nov 2025₹191₹201₹207
28 Nov 2025₹192₹197₹205
19 Dec 2025₹183₹192₹202
9 Jan 2026₹189₹191₹201
1 Feb 2026₹183₹188₹199
20 Feb 2026₹188₹188₹197
13 Mar 2026₹186₹187₹196
2 Apr 2026₹178₹184₹194
24 Apr 2026₹183₹183₹192
15 May 2026₹181₹183₹191
4 Jun 2026₹184₹183₹190
12 Jun 2026₹183₹183₹190
24 Jun 2026₹188₹184₹189
3 Jul 2026₹184₹184₹189
24 Jul 2026₹185₹184₹188
14 Aug 2026₹187₹186₹188
4 Sep 2026₹190₹186₹188
25 Sep 2026₹202₹189₹189
9 Oct 2026₹195₹192₹190
30 Oct 2026₹188₹192₹190
5 Nov 2026₹194₹193₹190
Weekly closing price (₹) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 10-year window.

Price stage: Falling from Oct 2025 to Sep 2026; Sideways from Sep 2026 to Oct 2026.

Price stage: Rising from Nov 2023 to Dec 2024; Falling from Dec 2024 to Apr 2025; Sideways from Apr 2025 to Jul 2025; Rising from Jul 2025 to Sep 2025; Falling from Sep 2025 to Sep 2026; Sideways from Sep 2026 to Oct 2026.

Price stage: Rising from Oct 2021 to Dec 2021; Falling from Dec 2021 to Sep 2022; Sideways from Sep 2022 to Oct 2022; Rising from Nov 2022 to Mar 2023; Falling from Mar 2023 to Jul 2023; Rising from Aug 2023 to Dec 2024; Falling from Dec 2024 to Mar 2025; Sideways from Apr 2025 to Jul 2025; Rising from Jul 2025 to Sep 2025; Falling from Sep 2025 to Sep 2026; Sideways from Sep 2026 to Oct 2026.

Price stage: Rising from Oct 2016 to Dec 2016; Falling from Dec 2016 to Apr 2017; Rising from May 2017 to Jul 2017; Falling from Jul 2017 to Jan 2021; Rising from Jan 2021 to Dec 2021; Falling from Dec 2021 to Oct 2022; Rising from Nov 2022 to Feb 2023; Falling from Mar 2023 to Jul 2023; Rising from Aug 2023 to Dec 2024; Falling from Dec 2024 to Mar 2025; Sideways from Apr 2025 to Jul 2025; Rising from Jul 2025 to Sep 2025; Falling from Sep 2025 to Oct 2026.

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?

Ahead in 198 of 550 weeks

Week by week since 2016: did it beat the NIFTY 500 over the past 13 weeks?
Week13-week return vs NIFTY 500
11 Mar 2016no NIFTY 500 reading
18 Mar 2016no NIFTY 500 reading
23 Mar 2016no NIFTY 500 reading
1 Apr 2016no NIFTY 500 reading
8 Apr 2016no NIFTY 500 reading
13 Apr 2016no NIFTY 500 reading
22 Apr 2016no NIFTY 500 reading
29 Apr 2016no NIFTY 500 reading
6 May 2016no NIFTY 500 reading
13 May 2016no NIFTY 500 reading
20 May 2016no NIFTY 500 reading
27 May 2016no NIFTY 500 reading
3 Jun 2016no NIFTY 500 reading
10 Jun 2016−7.6%
17 Jun 2016−6.7%
24 Jun 2016−8.7%
1 Jul 2016−6.0%
8 Jul 2016−3.0%
15 Jul 2016−2.9%
22 Jul 2016−3.8%
29 Jul 2016+0.1%
5 Aug 2016−8.4%
12 Aug 2016−14.4%
19 Aug 2016−2.9%
26 Aug 2016+3.3%
2 Sep 2016+11.1%
9 Sep 2016+14.0%
16 Sep 2016+9.5%
23 Sep 2016+18.9%
30 Sep 2016+13.4%
7 Oct 2016+15.3%
14 Oct 2016+12.3%
21 Oct 2016+10.5%
30 Oct 2016+3.2%
4 Nov 2016+2.4%
11 Nov 2016+8.5%
18 Nov 2016+3.1%
25 Nov 2016−1.3%
2 Dec 2016−6.1%
9 Dec 2016−8.9%
16 Dec 2016−8.1%
23 Dec 2016−13.5%
30 Dec 2016−12.8%
6 Jan 2017−14.8%
13 Jan 2017−12.2%
20 Jan 2017−15.1%
27 Jan 2017−16.3%
3 Feb 2017−7.8%
10 Feb 2017−9.2%
17 Feb 2017−1.5%
23 Feb 2017−4.7%
3 Mar 2017−6.8%
10 Mar 2017−10.7%
17 Mar 2017+1.5%
24 Mar 2017−1.6%
31 Mar 2017−1.5%
7 Apr 2017−3.5%
13 Apr 2017−1.1%
21 Apr 2017−2.0%
28 Apr 2017+0.0%
5 May 2017−5.0%
12 May 2017−6.7%
19 May 2017−3.9%
26 May 2017−6.9%
2 Jun 2017−6.8%
9 Jun 2017−6.8%
16 Jun 2017−11.5%
23 Jun 2017−6.6%
30 Jun 2017−10.8%
7 Jul 2017−11.8%
14 Jul 2017−14.0%
21 Jul 2017−10.6%
28 Jul 2017−14.9%
4 Aug 2017−13.0%
11 Aug 2017−17.3%
18 Aug 2017−17.2%
24 Aug 2017−10.8%
1 Sep 2017−10.4%
8 Sep 2017−9.2%
15 Sep 2017−11.6%
22 Sep 2017−11.2%
29 Sep 2017−14.9%
6 Oct 2017−12.0%
13 Oct 2017−13.2%
19 Oct 2017−11.3%
27 Oct 2017−5.5%
3 Nov 2017−0.8%
10 Nov 2017+2.1%
17 Nov 2017−4.8%
24 Nov 2017−5.9%
1 Dec 2017−0.2%
8 Dec 2017−1.5%
15 Dec 2017+2.6%
22 Dec 2017−3.6%
29 Dec 2017−0.1%
5 Jan 2018−1.7%
12 Jan 2018−4.4%
19 Jan 2018−9.5%
25 Jan 2018−13.8%
2 Feb 2018−14.4%
9 Feb 2018−5.1%
16 Feb 2018−1.3%
23 Feb 2018−1.8%
1 Mar 2018+1.3%
9 Mar 2018+2.5%
16 Mar 2018+3.0%
23 Mar 2018+4.6%
28 Mar 2018+11.0%
6 Apr 2018+10.2%
13 Apr 2018+12.2%
20 Apr 2018+12.8%
27 Apr 2018+9.7%
4 May 2018+0.4%
11 May 2018−9.3%
18 May 2018−10.4%
25 May 2018−9.4%
1 Jun 2018−18.5%
8 Jun 2018−17.7%
15 Jun 2018−20.6%
22 Jun 2018−17.1%
29 Jun 2018−22.5%
6 Jul 2018−22.6%
13 Jul 2018−22.2%
20 Jul 2018−22.5%
27 Jul 2018−13.3%
3 Aug 2018−14.3%
10 Aug 2018−15.5%
17 Aug 2018−18.4%
24 Aug 2018−17.7%
31 Aug 2018−12.9%
7 Sep 2018−13.4%
14 Sep 2018−11.0%
21 Sep 2018−11.4%
28 Sep 2018−11.2%
5 Oct 2018−9.4%
12 Oct 2018−3.8%
19 Oct 2018−1.9%
26 Oct 2018−7.3%
2 Nov 2018−2.7%
9 Nov 2018+3.2%
16 Nov 2018+6.1%
22 Nov 2018+4.4%
30 Nov 2018+2.6%
7 Dec 2018−0.1%
14 Dec 2018−1.6%
21 Dec 2018+2.1%
28 Dec 2018+5.8%
4 Jan 2019+4.0%
11 Jan 2019+0.7%
18 Jan 2019+11.7%
25 Jan 2019+11.6%
1 Feb 2019+7.8%
8 Feb 2019+0.4%
15 Feb 2019−1.5%
22 Feb 2019+4.0%
1 Mar 2019+4.1%
8 Mar 2019+7.0%
15 Mar 2019+7.6%
22 Mar 2019+0.0%
29 Mar 2019+3.5%
5 Apr 2019+10.3%
12 Apr 2019+2.9%
18 Apr 2019−7.8%
26 Apr 2019−15.0%
3 May 2019−8.9%
10 May 2019−5.4%
17 May 2019−11.0%
24 May 2019−14.2%
31 May 2019−15.3%
7 Jun 2019−14.9%
14 Jun 2019−13.8%
21 Jun 2019−14.4%
28 Jun 2019−21.4%
5 Jul 2019−22.5%
12 Jul 2019−21.5%
19 Jul 2019−18.1%
26 Jul 2019−11.7%
2 Aug 2019−17.4%
9 Aug 2019−16.8%
16 Aug 2019−9.3%
23 Aug 2019−10.3%
30 Aug 2019−6.0%
6 Sep 2019−8.2%
13 Sep 2019−1.0%
20 Sep 2019−3.9%
27 Sep 2019+5.2%
4 Oct 2019+4.9%
11 Oct 2019+7.7%
18 Oct 2019+3.5%
27 Oct 2019+12.9%
1 Nov 2019+23.3%
8 Nov 2019+15.6%
15 Nov 2019+11.7%
22 Nov 2019+12.1%
29 Nov 2019+3.8%
6 Dec 2019+5.1%
13 Dec 2019−11.1%
20 Dec 2019−6.8%
27 Dec 2019−10.4%
3 Jan 2020−9.1%
10 Jan 2020−13.4%
17 Jan 2020−2.1%
24 Jan 2020−17.6%
1 Feb 2020−12.3%
7 Feb 2020−4.8%
14 Feb 2020+6.9%
20 Feb 2020+8.1%
28 Feb 2020+9.6%
6 Mar 2020+12.7%
13 Mar 2020+23.3%
20 Mar 2020+20.6%
27 Mar 2020+8.9%
3 Apr 2020+6.1%
9 Apr 2020+18.7%
17 Apr 2020+8.0%
24 Apr 2020+15.2%
30 Apr 2020+16.7%
8 May 2020+10.1%
15 May 2020+0.6%
22 May 2020−6.7%
29 May 2020−9.8%
5 Jun 2020−6.9%
12 Jun 2020−17.5%
19 Jun 2020−22.2%
26 Jun 2020+3.3%
3 Jul 2020−4.1%
10 Jul 2020−12.6%
17 Jul 2020−18.0%
24 Jul 2020−21.6%
31 Jul 2020−32.5%
7 Aug 2020−24.4%
14 Aug 2020−24.0%
21 Aug 2020−15.4%
28 Aug 2020−10.1%
4 Sep 2020−14.3%
11 Sep 2020−20.0%
18 Sep 2020−8.0%
25 Sep 2020−23.6%
1 Oct 2020−19.2%
9 Oct 2020−22.1%
16 Oct 2020−17.1%
23 Oct 2020−10.1%
30 Oct 2020−7.0%
6 Nov 2020−19.1%
14 Nov 2020−17.5%
20 Nov 2020−10.7%
27 Nov 2020−11.6%
4 Dec 2020−11.6%
11 Dec 2020−8.8%
18 Dec 2020−16.5%
24 Dec 2020−10.0%
1 Jan 2021−10.6%
8 Jan 2021−7.0%
15 Jan 2021−2.5%
22 Jan 2021−3.3%
29 Jan 2021−12.2%
5 Feb 2021−4.8%
12 Feb 2021−7.8%
19 Feb 2021−13.1%
26 Feb 2021−14.1%
5 Mar 2021−10.1%
12 Mar 2021−9.1%
19 Mar 2021−14.4%
26 Mar 2021−8.1%
1 Apr 2021−4.0%
9 Apr 2021−4.1%
16 Apr 2021−5.0%
23 Apr 2021−12.6%
30 Apr 2021−3.9%
7 May 2021−3.7%
14 May 2021−0.5%
21 May 2021−4.0%
28 May 2021−0.2%
4 Jun 2021−1.3%
11 Jun 2021+5.4%
18 Jun 2021+14.1%
25 Jun 2021+9.0%
2 Jul 2021+5.3%
9 Jul 2021+3.3%
16 Jul 2021+4.6%
23 Jul 2021+8.7%
30 Jul 2021−2.5%
6 Aug 2021+1.5%
13 Aug 2021−6.5%
20 Aug 2021−7.6%
27 Aug 2021−10.4%
3 Sep 2021−14.0%
9 Sep 2021−19.0%
17 Sep 2021−19.0%
24 Sep 2021−16.4%
1 Oct 2021−13.0%
8 Oct 2021−15.5%
14 Oct 2021−13.0%
22 Oct 2021−16.5%
29 Oct 2021−9.6%
4 Nov 2021−11.9%
12 Nov 2021−8.7%
18 Nov 2021−3.7%
26 Nov 2021−6.1%
3 Dec 2021−8.5%
10 Dec 2021−7.9%
17 Dec 2021−5.6%
24 Dec 2021−11.1%
31 Dec 2021−14.1%
7 Jan 2022−14.7%
14 Jan 2022−14.0%
21 Jan 2022−7.7%
28 Jan 2022−9.2%
4 Feb 2022−9.9%
11 Feb 2022−7.5%
18 Feb 2022−10.7%
25 Feb 2022−11.9%
4 Mar 2022−7.4%
11 Mar 2022−10.4%
17 Mar 2022−16.1%
25 Mar 2022−15.6%
1 Apr 2022−15.4%
8 Apr 2022−10.1%
13 Apr 2022−11.8%
22 Apr 2022−11.6%
29 Apr 2022−8.0%
6 May 2022−5.5%
13 May 2022−9.9%
20 May 2022+0.0%
27 May 2022+0.9%
3 Jun 2022+0.5%
10 Jun 2022+3.9%
17 Jun 2022+7.9%
24 Jun 2022+9.4%
1 Jul 2022+11.6%
8 Jul 2022+11.3%
15 Jul 2022+11.8%
22 Jul 2022+4.7%
29 Jul 2022+1.9%
5 Aug 2022+1.6%
12 Aug 2022+2.0%
19 Aug 2022−4.6%
26 Aug 2022−2.3%
2 Sep 2022−5.0%
9 Sep 2022−7.2%
16 Sep 2022−7.0%
23 Sep 2022+1.6%
30 Sep 2022−1.3%
7 Oct 2022−4.2%
14 Oct 2022+1.2%
21 Oct 2022+6.8%
28 Oct 2022+5.2%
4 Nov 2022+4.2%
11 Nov 2022+6.7%
18 Nov 2022+10.3%
25 Nov 2022+9.9%
2 Dec 2022+10.1%
9 Dec 2022+11.4%
16 Dec 2022+12.9%
23 Dec 2022−2.5%
30 Dec 2022+6.4%
6 Jan 2023+9.1%
13 Jan 2023−1.0%
20 Jan 2023−3.4%
27 Jan 2023+0.2%
3 Feb 2023−4.1%
10 Feb 2023+0.4%
17 Feb 2023−1.6%
24 Feb 2023−1.2%
3 Mar 2023−4.8%
10 Mar 2023−2.5%
17 Mar 2023−7.9%
24 Mar 2023+0.1%
31 Mar 2023−5.5%
6 Apr 2023−7.0%
13 Apr 2023−4.3%
21 Apr 2023−2.3%
28 Apr 2023−2.6%
5 May 2023−1.6%
12 May 2023−6.2%
19 May 2023−12.5%
26 May 2023−11.5%
2 Jun 2023−8.1%
9 Jun 2023−13.3%
16 Jun 2023−3.2%
23 Jun 2023−2.6%
30 Jun 2023−4.0%
7 Jul 2023+1.1%
14 Jul 2023+2.1%
21 Jul 2023+2.6%
28 Jul 2023+12.6%
4 Aug 2023+18.7%
11 Aug 2023+22.7%
18 Aug 2023+20.8%
25 Aug 2023+19.7%
1 Sep 2023+16.6%
8 Sep 2023+29.7%
15 Sep 2023+13.3%
22 Sep 2023+9.7%
29 Sep 2023+11.5%
6 Oct 2023+3.1%
13 Oct 2023+9.3%
20 Oct 2023+7.5%
27 Oct 2023−6.1%
3 Nov 2023−13.3%
12 Nov 2023−14.0%
17 Nov 2023−12.8%
24 Nov 2023−8.6%
1 Dec 2023−10.1%
8 Dec 2023−17.2%
15 Dec 2023−7.1%
22 Dec 2023+4.9%
29 Dec 2023+16.6%
5 Jan 2024+24.4%
12 Jan 2024+8.3%
20 Jan 2024+9.0%
25 Jan 2024+9.2%
2 Feb 2024+31.7%
9 Feb 2024+33.7%
16 Feb 2024+41.2%
23 Feb 2024+33.6%
2 Mar 2024+47.8%
7 Mar 2024+44.4%
15 Mar 2024+30.4%
22 Mar 2024+13.7%
28 Mar 2024−2.9%
5 Apr 2024+3.9%
12 Apr 2024+20.9%
19 Apr 2024+9.5%
26 Apr 2024+15.4%
3 May 2024−4.0%
10 May 2024−9.2%
18 May 2024−11.6%
24 May 2024−11.7%
31 May 2024−16.1%
7 Jun 2024−18.7%
14 Jun 2024−9.8%
21 Jun 2024−1.7%
28 Jun 2024−3.0%
5 Jul 2024+11.6%
12 Jul 2024−1.0%
19 Jul 2024+8.4%
26 Jul 2024+13.0%
2 Aug 2024+22.1%
9 Aug 2024+24.6%
16 Aug 2024+19.3%
23 Aug 2024+26.8%
30 Aug 2024+22.9%
6 Sep 2024+28.3%
13 Sep 2024+19.4%
20 Sep 2024+10.1%
27 Sep 2024+15.5%
4 Oct 2024−12.8%
11 Oct 2024−11.5%
18 Oct 2024−9.7%
25 Oct 2024−19.8%
1 Nov 2024−18.5%
8 Nov 2024−16.0%
14 Nov 2024−18.7%
22 Nov 2024−21.5%
29 Nov 2024−21.4%
6 Dec 2024−15.0%
13 Dec 2024−14.5%
20 Dec 2024−11.7%
27 Dec 2024−12.1%
3 Jan 2025−5.7%
10 Jan 2025−7.5%
17 Jan 2025−10.5%
24 Jan 2025−7.9%
1 Feb 2025−11.7%
7 Feb 2025+6.0%
14 Feb 2025+9.0%
21 Feb 2025+18.4%
28 Feb 2025+18.2%
7 Mar 2025+21.5%
13 Mar 2025+18.6%
21 Mar 2025+13.4%
28 Mar 2025+8.7%
4 Apr 2025+9.0%
11 Apr 2025+5.5%
17 Apr 2025+5.4%
25 Apr 2025+12.4%
2 May 2025+10.8%
9 May 2025−12.4%
16 May 2025−2.2%
23 May 2025−14.9%
30 May 2025−10.9%
6 Jun 2025−25.1%
13 Jun 2025−18.3%
20 Jun 2025−14.2%
27 Jun 2025−3.8%
4 Jul 2025−7.1%
11 Jul 2025+0.7%
18 Jul 2025+4.2%
25 Jul 2025+4.9%
1 Aug 2025+7.0%
8 Aug 2025+5.7%
14 Aug 2025−4.7%
22 Aug 2025−0.9%
29 Aug 2025−9.0%
5 Sep 2025−7.7%
12 Sep 2025−9.1%
19 Sep 2025−1.7%
26 Sep 2025−7.2%
3 Oct 2025−6.3%
10 Oct 2025−8.4%
17 Oct 2025−11.6%
24 Oct 2025−14.2%
31 Oct 2025−15.2%
7 Nov 2025−15.3%
14 Nov 2025−9.5%
21 Nov 2025−13.6%
28 Nov 2025−6.2%
5 Dec 2025−4.8%
12 Dec 2025−7.0%
19 Dec 2025−12.7%
26 Dec 2025−5.2%
2 Jan 2026−9.4%
9 Jan 2026−6.3%
16 Jan 2026−3.0%
23 Jan 2026−4.3%
1 Feb 2026−5.2%
6 Feb 2026−2.8%
13 Feb 2026−2.7%
20 Feb 2026+1.6%
27 Feb 2026+2.7%
6 Mar 2026+1.7%
13 Mar 2026+7.9%
20 Mar 2026+12.4%
27 Mar 2026+2.8%
2 Apr 2026+0.7%
10 Apr 2026−1.1%
17 Apr 2026−2.3%
24 Apr 2026+0.4%
30 Apr 2026+2.4%
8 May 2026+5.1%
15 May 2026+2.7%
22 May 2026+0.2%
29 May 2026−3.1%
4 Jun 2026−1.6%
5 Jun 2026−3.9%
10 Jun 2026−7.8%
12 Jun 2026−3.6%
17 Jun 2026−0.9%
19 Jun 2026+1.1%
24 Jun 2026+2.4%
25 Jun 2026+0.4%
1 Jul 2026−1.0%
3 Jul 2026−3.7%
10 Jul 2026−2.3%
17 Jul 2026−1.7%
24 Jul 2026−0.3%
31 Jul 2026−3.6%
7 Aug 2026−0.9%
14 Aug 2026−2.1%
21 Aug 2026−1.3%
28 Aug 2026−1.3%
4 Sep 2026+1.9%
11 Sep 2026+1.2%
18 Sep 2026+7.4%
25 Sep 2026+12.3%
28 Sep 2026+15.5%
1 Oct 2026+14.6%
9 Oct 2026+11.9%
16 Oct 2026+9.8%
23 Oct 2026+13.8%
30 Oct 2026+5.5%
5 Nov 2026+11.2%
Each bar is one week, from 2016 to now (550 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the NIFTY 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 11 years the share price moved +3% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What changed at Castrol India this quarter?

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), lowest operating margin in 16 quarters and profit fell in the September 2026 quarter.

  1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

    In the September 2026 quarter revenue was ₹1,735 crore, +27.3% on a year earlier.

    Why: Revenue rose because the company kept its market share across categories and its industrial business sold more, helped by new customers and local products.

    Next results: check if rural and industrial businesses grow faster than the market, as management expects.

    From the earnings call on 26 Oct 2026.

  2. Lowest operating margin in 16 quarters

    Operating margin was 15% in the September 2026 quarter, against 24% a year earlier.

  3. Profit fell in the September 2026 quarter

    Profit was ₹176 crore, -22.8% on a year earlier (₹228 crore), after 2 quarters of growth.

    Why: Profit fell because raw material costs and currency moves squeezed margins, even though revenue rose and early price increases only partly helped.

    Next results: check the fourth quarter global contract rebate and whether cost increases are being passed to customers.

    From the earnings call on 26 Oct 2026.

What dividend does Castrol India pay?

Castrol India paid ₹11.50 a share in regular dividends in the 12 months to 5 November 2026 (2 payments), a yield of 5.92% at the ₹194.21 close on 5 November 2026. The last was an interim dividend of ₹6.25 a share, ex-date 11 August 2026.

Castrol India dividends since 1 April 2021

Castrol India dividends since 1 April 2021
Ex-dateDividend per shareTypeRecord date
11 Aug 2026Interim₹6.25Interimsame day
23 Mar 2026Dividend₹5.25Dividendsame day
11 Aug 2025Interim₹3.50Interimsame day
18 Mar 2025Dividend + Special₹9.50Dividend + Specialsame day
7 Aug 2024Interim₹3.50Interimsame day
21 Mar 2024Dividend₹4.50Dividendsame day
8 Aug 2023Interim₹3Interimsame day
4 May 2023Dividend₹3.50Dividendsame day
8 Aug 2022Interim₹3Interim10 Aug 2022
2 Jun 2022Dividend₹3Dividend—
11 Aug 2021Interim₹2.50Interim12 Aug 2021
22 Apr 2021Dividend₹3Dividend—

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

5 of 5Of the last 5 financial years, years with an NSE dividend record

Yes. Castrol India Ltd paid out 91% of its profit as dividends in FY25, and it paid a dividend in each of its last 12 reported years.

From the NSE corporate-actions record, read 5 November 2026.

What are Castrol India's latest quarterly results?

For July to September 2026 (the quarter ended 30 September 2026), Castrol India reported revenue of ₹1,735 crore, up 27.3% from ₹1,363 crore a year earlier, and a profit of ₹176 crore, down 22.8% from ₹228 crore.

Castrol India results: July to September 2026 against a year earlier

Castrol India results: July to September 2026 against a year earlier
MeasureJuly to September 2026July to September 2025Change
Revenue₹1,735 crore₹1,363 crore+27.3%
Profit₹176 crore₹228 crore−22.8%
Earnings per share₹1.78₹2.30−22.6%
Operating margin15.0%24.0%−9.0 points

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Castrol India's management discussed these results on a call held on 26 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

What is the Castrol India share price history?

Castrol India closed at ₹194.21 on 5 November 2026, up 1.6% from ₹191.10 a year earlier (7 November 2025) and up 37.7% over five years. Its highest weekly close since March 2016 was ₹266.30 on 23 August 2024.

Castrol India share price: then and now

Castrol India share price: then and now
WhenCloseChange to 5 Nov 2026
1 week ago · 30 Oct 2026₹188.00+3.3%
1 month ago · 9 Oct 2026₹194.70−0.3%
6 months ago · 8 May 2026₹184.88+5.0%
1 year ago · 7 Nov 2025₹191.10+1.6%
3 years ago · 3 Nov 2023₹133.90+45.0%
5 years ago · 4 Nov 2021₹141.00+37.7%
10 years ago · 4 Nov 2016₹215.00−9.7%
Earliest weekly close in our records · 11 Mar 2016₹187.65+3.5%
Highest weekly close since March 2016 · 23 Aug 2024₹266.30−27.1%
Lowest weekly close since March 2016 · 27 Mar 2020₹98.85+96.5%
52-week high (weekly close) · 28 Sep 2026₹201.61−3.7%
52-week low (weekly close) · 27 Mar 2026₹175.08+10.9%

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 5 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

563 weekly closes from 11 March 2016 to 5 November 2026.

What is the latest news on Castrol India?

5 Nov 2026: Castrol India closed at ₹194.21, up 3.3% on the week and down 0.3% on the month. 26 Oct 2026: Castrol India held its results call for July to September 2026. Management guided: Overall volumes may remain soft in the short to medium term.

Earlier

  • Our read, 10 Oct 2026: Reported growth improved in the latest quarter, with operating profit rising faster than sales.,Management attributes profitability partly to older inventory and expects delayed input inflation to follow, so the margin improvement is not wholly repeatable.,Premium products and industrial customer additions provide operating possibilities; inconsistent disclosure and unresolved transaction timing limit confidence.
  • Results for July to September 2026: Revenue up 27.3% and profit down 22.8% on a year earlier.
  • 11 Aug 2026: ex-date for an interim dividend of ₹6.25 a share.
  • 23 Mar 2026: ex-date for a dividend of ₹5.25 a share.

Our read of the business

Reported growth improved in the latest quarter, with operating profit rising faster than sales.,Management attributes profitability partly to older inventory and expects delayed input inflation to follow, so the margin improvement is not wholly repeatable.,Premium products and industrial customer additions provide operating possibilities; inconsistent disclosure and unresolved transaction timing limit confidence.

April to June 2026: Reported acceleration needs reconciliation with inventory timing and the call summary.

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

What did Castrol India management say on the latest results call?

On the call for July to September 2026, held on 26 October 2026, Castrol India's management guided: Overall volumes may remain soft in the short to medium term.

“Our long-term ambition is to evolve from a lubricants company to a broader mobility solutions and maintenance partner.”Saugata Basu Ray, on the call for July to September 2026

What management guided

  • Rural and industrial businesses expected to grow ahead of the market.
  • Industrial margin expected to remain above its year-earlier level.
  • Medium-term operating margin profile expected to remain outside the goal range amid continuing volatility.
  • Longer-term operating margin objective of 21% to 24%.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 26 October 2026.

What is the future of Castrol India? What is changing in the business?

The changes showing up in Castrol India's own numbers are market share gains. It is too early to say whether they last.

Market share gains too early to call

Castrol says it has grown volume 7-8% a year, ahead of the industry, for 8 to 12 straight quarters, and gained about half a percentage point of automotive share to the 'early 20s'. It stopped giving litre figures after Nov 2025 and gave no volume figure at all in the latest call.

Why it may last: The brand and distribution behind the gains are long-standing, but the latest call gave no volume figure at all and outlet counts swing between calls, so the current pace cannot be checked. Two more quarters of disclosed volume growth above the industry would settle it.

Next check: The Sep 2026 call gives a volume growth figure above the industry's, after the price increases, with gross margin not below the Sep 2025 level of 49.82%.

Quarter by quarter, 4 quarters

July to September 2025

7-8% volume growth vs industry; sales up 5.8% with gross margin 49.82% vs 47.78% a year earlier. ✓ fact

From our notes of the call for July to September 2025: Volume growth of 7-8% significantly outpacing industry bottom-line growth, demonstrating market share gains and penetration success.

October to December 2025

Share up about 0.5 points; sales up 6.4%. Gross margin 49.65% was below a high year-earlier 52.28%. ✓ fact

From our notes of the call for October to December 2025: Market share gains in full automotive segment; automotive market share in early 20s (+~50 basis points on a year earlier)

January to March 2026

Share gains 'sustained', volume 7-8%; sales up 8.7% with gross margin 49.05% vs 48.05%. ✓ fact

From our notes of the call for January to March 2026: Competitive position: market share gains sustained; brand differentiation anchored on service ecosystem.

April to June 2026

Broad-based volume growth claimed but no figure; sales up 25% with gross margin 50.83% vs 48.44%; price increases taken. ✓ fact

From our notes of the call for April to June 2026: Structural cost reductions across raw materials and other areas are intended to balance pricing action with market-share ambition.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

What could change the Castrol India story? What are the risks?

A reconciled subsequent result showing that accepted price increases failed to protect operating profit as input costs rose, alongside weakening core sales, would break the thesis.

Each change stops working if

  • Pricing and cost recovery: Input inflation reaches costs before accepted pricing and savings compensate, or price increases cause enough volume loss to reduce operating profit.
  • Synthetic portfolio adoption: Synthetic launches fail to increase realized mix or promotional spending absorbs the incremental gross profit.
  • Industrial customer additions and localization: Industrial growth slows or lower-margin revenue displaces automotive profit without sufficient absolute profit contribution.

The main risks

  • : Inventory timing can flatter profit before replacement-cost inflation arrives. ⚠ estimate
  • : The latest call summary does not reconcile with the newest Screener result. ⚠ estimate
  • : Industrial sales growth can dilute the average margin. ⚠ estimate
  • : Historical cash conversion does not resolve current inventory cash needs. ⚠ estimate

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

What to watch in Castrol India's next results?

When Castrol India reports October to December 2026, these are the 5 checks that show whether the story is still on course. First: The Sep 2026 call gives a volume growth figure above the industry's, after the price increases, with gross margin not below the Sep 2025 level of 49.82%.

Castrol India: what to watch next quarter
What to checkWhy
The Sep 2026 call gives a volume growth figure above the industry's, after the price increases, with gross margin not below the Sep 2025 level of 49.82%.Market share gains
Commodity and currency swings to ease enough for management to offer a clearer margin-normalization timetable.From the call
Fourth-quarter global-contract rebate outcome and channel cost pass-through to indicate how quickly cost recovery is progressing.From the call
Industrial customer momentum: check whether volume growth and steel and cement additions continue in the next reported period.From the call
Data-center pilots to progress toward customer deployment or a material commercial contribution.From the call

Which stock lists is Castrol India on?

Castrol India is on 6 of our India lists: Multibagger study list, Momentum stocks, Breakout stocks, Dividend stocks, Small & mid cap stocks and Oil & gas stocks.

Is Castrol India profitable?

Castrol India Ltd earned ₹176 Cr of net profit in the Sep 2026 quarter, −22.8% on the same quarter a year earlier. Full-year FY25 profit was ₹950 Cr. Over 10 years profit has grown 4.4% a year on average. That is 10.1% of the quarter's revenue. The same quarter a year earlier earned ₹228 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was ₹950 Cr (+2.5% on the year before).

FY25 profit ₹950 Cr (+2.5% on the year before), 4.4% a year over 10 years

  • Net profit ₹950
FY25 profit ₹950 Cr (+2.5% on the year before), 4.4% a year over 10 years
QuarterNet profit
FY15₹615
FY16₹670
FY17₹692
FY18₹708
FY19₹827
FY20₹583
FY21₹758
FY22₹815
FY23₹864
FY24₹927
FY25₹950

Growth on a year earlier

  • Growth on a year earlier 2.5%
Growth on a year earlier
QuarterGrowth on a year earlier
FY1529.5%
FY168.9%
FY173.3%
FY182.3%
FY1916.8%
FY20−29.5%
FY2130%
FY227.5%
FY236%
FY247.3%
FY252.5%
Top: net profit each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹176 Cr (−22.8% on a year earlier)

  • Net profit (quarterly) ₹176
Sep 2026: ₹176 Cr (−22.8% on a year earlier)
QuarterNet profit (quarterly)
Dec 2023₹242
Mar 2024₹216
Jun 2024₹232
Sep 2024₹207
Dec 2024₹271
Mar 2025₹233
Jun 2025₹244
Sep 2025₹228
Dec 2025₹245
Mar 2026₹242
Jun 2026₹348
Sep 2026₹176

Growth on a year earlier

  • Growth on a year earlier −22.8%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 202325.4%
Mar 20246.9%
Jun 20243.1%
Sep 20246.7%
Dec 202412%
Mar 20257.9%
Jun 20255.2%
Sep 202510.1%
Dec 2025−9.6%
Mar 20263.9%
Jun 202642.6%
Sep 2026−22.8%
Top: net profit each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed +27.3% on a year earlier and the margin moved −9.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +3.5% and revenue +16.8%. Profit is growing slower than sales: rising costs are taking part of the growth.

FY26-Q4. Sales growth outpaced profit as operating margin compressed

FY27-Q1. Reported acceleration needs reconciliation with inventory timing and the call summary

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

How much revenue does Castrol India make, and is it growing?

Castrol India Ltd reported ₹1,735 Cr of revenue in the Sep 2026 quarter, +27.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 5.7% a year on average. The last full year, FY25, came in at ₹5,722 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹6,591 Cr.

FY25 revenue was ₹5,722 Cr, +6.7% on the year before.

FY25 revenue ₹5,722 Cr (+6.7% on the year before), 5.7% a year over 10 years

  • Revenue ₹5,722
FY25 revenue ₹5,722 Cr (+6.7% on the year before), 5.7% a year over 10 years
QuarterRevenue
FY15₹3,298
FY16₹3,370
FY17₹3,584
FY18₹3,905
FY19₹3,877
FY20₹2,997
FY21₹4,192
FY22₹4,774
FY23₹5,075
FY24₹5,365
FY25₹5,722

Growth on a year earlier

  • Growth on a year earlier 6.7%
Growth on a year earlier
QuarterGrowth on a year earlier
FY15−2.8%
FY162.2%
FY176.4%
FY189%
FY19−0.7%
FY20−22.7%
FY2139.9%
FY2213.9%
FY236.3%
FY245.7%
FY256.7%
Top: revenue each year, ₹ Cr. Below: growth on the year before, %. 11-year window. A grey bar is lower than the year before.

Sep 2026: ₹1,735 Cr (+27.3% on a year earlier), the 12th quarter in a row of growth

  • Revenue (quarterly) ₹1,735
Sep 2026: ₹1,735 Cr (+27.3% on a year earlier), the 12th quarter in a row of growth
QuarterRevenue (quarterly)
Dec 2023₹1,264
Mar 2024₹1,325
Jun 2024₹1,398
Sep 2024₹1,288
Dec 2024₹1,354
Mar 2025₹1,422
Jun 2025₹1,497
Sep 2025₹1,363
Dec 2025₹1,440
Mar 2026₹1,545
Jun 2026₹1,871
Sep 2026₹1,735

Growth on a year earlier

  • Growth on a year earlier 27.3%
Growth on a year earlier
QuarterGrowth on a year earlier
Dec 20237.5%
Mar 20242.4%
Jun 20244.8%
Sep 20248.9%
Dec 20247.1%
Mar 20257.3%
Jun 20257.1%
Sep 20255.8%
Dec 20256.4%
Mar 20268.6%
Jun 202625%
Sep 202627.3%
Top: revenue each quarter, ₹ Cr. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +16.8% on average, against 5.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +16.9%, against +11.8% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +3.6%, against +6.2% a year (stabilising).

FY26-Q4. Sales growth outpaced profit as operating margin compressed

FY27-Q1. Reported acceleration needs reconciliation with inventory timing and the call summary

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

How much of every ₹100 of sales does Castrol India keep?

Castrol India Ltd's operating margin was 15.0% in the Sep 2026 quarter, 9.0 percentage points lower than the same quarter a year ago. Across 12 years it has been between 21.0% and 30.0%. The latest quarter is below every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why this happened. The Input Cost Pass-Through Test separates pricing announcements from retained profit. Management reports pricing offsets and structural cost work, but realized price, volume elasticity and competitors' response are not quantified. The inventory benefit has already contributed; only subsequent profit after replacement-cost inflation can establish the remaining benefit. This overlaps with volume and mix effects and should be counted as one profit bridge.

Why the margin moved: operating margin changed −8.6 percentage points on the year while gross margin changed −13.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

FY25: 24.0%, within a range of 21.0% to 30.0% over 12 years

  • Operating margin 24.0%
FY25: 24.0%, within a range of 21.0% to 30.0% over 12 years
QuarterOperating margin
FY1421%
FY1527%
FY1630%
FY1729%
FY1827%
FY1930%
FY2027%
FY2125%
FY2223%
FY2324%
FY2424%
FY2524%

Change on the year before (points)

  • Change on the year before (points) 0.0 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY14–
FY15+6.0 pts
FY16+3.0 pts
FY17−1.0 pts
FY18−2.0 pts
FY19+3.0 pts
FY20−3.0 pts
FY21−2.0 pts
FY22−2.0 pts
FY23+1.0 pts
FY240.0 pts
FY250.0 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 12-year window.

Sep 2026: operating margin 15.0% (−9.0 points on a year earlier)

  • Operating margin 15.0%
Sep 2026: operating margin 15.0% (−9.0 points on a year earlier)
QuarterOperating margin
Dec 202326%
Mar 202422%
Jun 202423%
Sep 202422%
Dec 202428%
Mar 202522%
Jun 202523%
Sep 202524%
Dec 202526%
Mar 202621%
Jun 202626%
Sep 202615%

Change on a year earlier (points)

  • Change on a year earlier (points) −9.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Dec 2023+5.0 pts
Mar 20240.0 pts
Jun 20240.0 pts
Sep 2024−1.0 pts
Dec 2024+2.0 pts
Mar 20250.0 pts
Jun 20250.0 pts
Sep 2025+2.0 pts
Dec 2025−2.0 pts
Mar 2026−1.0 pts
Jun 2026+3.0 pts
Sep 2026−9.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

FY26-Q4. Sales growth outpaced profit as operating margin compressed

FY27-Q1. Reported acceleration needs reconciliation with inventory timing and the call summary

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

Watch next

Metric
Pricing and cost recovery
Threshold
Input inflation reaches costs before accepted pricing and savings compensate, or price increases cause enough volume loss to reduce operating profit.
Which result
the next result

Is Castrol India's profit turning into cash?

Over the last 3 years, 109% of Castrol India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ₹1,090 Cr of operating cash against ₹950 Cr of profit. After ₹128 Cr of spending on assets, ₹962 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash ₹1,090 Cr against profit ₹950 Cr; 109% of 3 years' profit came in as cash

  • Operating cash ₹1,090
  • Net profit ₹950
  • Free cash ₹962
FY25: operating cash ₹1,090 Cr against profit ₹950 Cr; 109% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY15₹740₹615₹704
FY16₹664₹670₹620
FY17₹608₹692₹550
FY18₹549₹708₹468
FY19₹879₹827₹803
FY20₹893₹583₹780
FY21₹630₹758₹549
FY22₹916₹815₹764
FY23₹853₹864₹716
FY24₹1,044₹927₹932
FY25₹1,090₹950₹962
Operating cash flow and net profit each year, ₹ Cr. The line is free cash flow: operating cash minus spending on assets. 11-year window, yearly figures.

FY25: operating cash was 115% of profit (109% over three years)

  • Operating cash as % of profit 115%
  • Break-even line 100%
FY25: operating cash was 115% of profit (109% over three years)
QuarterOperating cash as % of profitBreak-even line
FY15120%100%
FY1699%100%
FY1788%100%
FY1878%100%
FY19106%100%
FY20153%100%
FY2183%100%
FY22112%100%
FY2399%100%
FY24113%100%
FY25115%100%
Operating cash as a share of net profit, each year, % (line). The flat line marks 100%, meaning all of the profit came in as cash.

Why 109% of profit came in as cash: the cash cycle got 30 days longer between FY20 and FY25, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Where does Castrol India's cash go?

Castrol India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 0 days in FY25, up from −30 days in FY20. It spent ₹377 Cr on assets over the last 3 years. Customers take 30 days to pay, and stock sits for 68 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY25 sales of ₹5,722 Cr, each day of that cycle ties up about ₹15.7 Cr, so roughly ₹0.0 Cr is tied up in the business at any time.

FY25: customers took 30 days to pay and stock sat for 68 days, about 2.2 months of sales sitting as stock, for a full cycle of 0 days, longer than FY20's −30.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 68 days. Customers pay about 30 days after that. Suppliers are paid at 98 days. Together that makes the 0-day cycle.

FY25: a 0-day cash cycle, +30 days compared with FY20

  • Cash cycle 0d
  • Inventory days 68d
  • Debtor days 30d
  • Payable days 98d
FY25: a 0-day cash cycle, +30 days compared with FY20
QuarterCash cycleInventory daysDebtor daysPayable days
FY14−3d69d29d101d
FY15−28d69d26d123d
FY16−9d82d28d118d
FY17−34d70d29d133d
FY1812d87d37d112d
FY1910d64d45d99d
FY20−30d106d22d157d
FY214d87d27d110d
FY226d78d27d99d
FY236d74d30d98d
FY246d70d30d94d
FY250d68d30d98d
Debtor days, inventory days, payable days and the full cash cycle, each year. 12-year window.

Spending on assets: ₹377 Cr over the last 3 years, against ₹293 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹72.0 Cr (FY25): assets paid for that are not earning yet.

FY25: capex ₹128 Cr, work in progress ₹72.0 Cr, steady spending

  • Capex ₹128
  • Work-in-progress ₹72.0
FY25: capex ₹128 Cr, work in progress ₹72.0 Cr, steady spending
QuarterCapexWork-in-progress
FY15₹36₹36
FY16₹44₹37
FY17₹58₹57
FY18₹81₹35
FY19₹76₹27
FY20₹113₹44
FY21₹81₹50
FY22₹152₹61
FY23₹137₹108
FY24₹112₹60
FY25₹128₹72
Capital spending each year, ₹ Cr, with work in progress, ₹ Cr, as the line. Quarterly capital-spending figures are not available for India, so this is yearly.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

What is Castrol India's P/E ratio, and how does it compare with its own history?

Castrol India Ltd's P/E is 18.7×, in the middle of its own history: higher than 42% of past readings. Its usual P/E (the middle reading) is 19.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹10.22.

P/E 18.7× against a usual 19.9×: in the middle of its own history: higher than 42% of past readings

  • P/E 18.7×
  • Median 19.9×
P/E 18.7× against a usual 19.9×: in the middle of its own history: higher than 42% of past readings
WeekP/EMedian
11 Mar 201630.2×19.9×
1 Apr 201629.1×19.9×
22 Apr 201630.3×19.9×
13 May 201632.6×19.9×
3 Jun 201629.2×19.9×
24 Jun 201628.5×19.9×
15 Jul 201630.0×19.9×
5 Aug 201631.4×19.9×
26 Aug 201631.8×19.9×
16 Sep 201633.0×19.9×
7 Oct 201633.0×19.9×
30 Oct 201633.0×19.9×
18 Nov 201629.3×19.9×
9 Dec 201630.1×19.9×
30 Dec 201628.5×19.9×
20 Jan 201729.0×19.9×
10 Feb 201730.8×19.9×
3 Mar 201730.1×19.9×
24 Mar 201730.9×19.9×
13 Apr 201731.6×19.9×
5 May 201731.9×19.9×
26 May 201730.7×19.9×
16 Jun 201730.1×19.9×
7 Jul 201732.5×19.9×
28 Jul 201732.8×19.9×
18 Aug 201731.5×19.9×
8 Sep 201731.9×19.9×
29 Sep 201729.0×19.9×
19 Oct 201729.8×19.9×
10 Nov 201731.3×19.9×
1 Dec 201731.6×19.9×
22 Dec 201731.7×19.9×
12 Jan 201830.0×19.9×
2 Feb 201828.3×19.9×
23 Feb 201828.4×19.9×
16 Mar 201830.1×19.9×
6 Apr 201830.4×19.9×
27 Apr 201828.5×19.9×
18 May 201825.3×19.9×
8 Jun 201825.4×19.9×
29 Jun 201823.9×19.9×
20 Jul 201823.2×19.9×
10 Aug 201822.3×19.9×
31 Aug 201822.4×19.9×
21 Sep 201821.7×19.9×
12 Oct 201820.3×19.9×
2 Nov 201820.9×19.9×
22 Nov 201821.3×19.9×
14 Dec 201821.3×19.9×
4 Jan 201921.2×19.9×
25 Jan 201923.4×19.9×
15 Feb 201920.5×19.9×
8 Mar 201922.6×19.9×
29 Mar 201923.2×19.9×
18 Apr 201922.9×19.9×
10 May 201920.4×19.9×
31 May 201920.5×19.9×
21 Jun 201919.5×19.9×
12 Jul 201917.6×19.9×
2 Aug 201915.8×19.9×
23 Aug 201916.2×19.9×
13 Sep 201917.7×19.9×
4 Oct 201917.9×19.9×
27 Oct 201919.6×19.9×
15 Nov 201918.7×19.9×
6 Dec 201917.4×19.9×
27 Dec 201916.5×19.9×
17 Jan 202017.8×19.9×
7 Feb 202017.4×19.9×
28 Feb 202017.5×19.9×
20 Mar 202013.6×19.9×
9 Apr 202013.9×19.9×
30 Apr 202015.5×19.9×
22 May 202013.3×19.9×
12 Jun 202015.7×19.9×
3 Jul 202015.6×19.9×
24 Jul 202014.8×19.9×
14 Aug 202018.6×19.9×
4 Sep 202018.3×19.9×
25 Sep 202016.7×19.9×
16 Oct 202016.3×19.9×
6 Nov 202016.7×19.9×
27 Nov 202018.6×19.9×
18 Dec 202018.7×19.9×
8 Jan 202119.1×19.9×
29 Jan 202119.0×19.9×
19 Feb 202121.9×19.9×
12 Mar 202122.0×19.9×
1 Apr 202121.2×19.9×
23 Apr 202120.8×19.9×
14 May 202118.4×19.9×
4 Jun 202119.9×19.9×
25 Jun 202120.5×19.9×
16 Jul 202120.2×19.9×
6 Aug 202118.0×19.9×
27 Aug 202117.0×19.9×
17 Sep 202117.4×19.9×
8 Oct 202118.2×19.9×
29 Oct 202118.1×19.9×
18 Nov 202117.6×19.9×
10 Dec 202116.5×19.9×
31 Dec 202116.0×19.9×
21 Jan 202216.1×19.9×
11 Feb 202215.7×19.9×
4 Mar 202214.1×19.9×
25 Mar 202213.4×19.9×
13 Apr 202213.8×19.9×
6 May 202214.1×19.9×
27 May 202214.3×19.9×
17 Jun 202213.6×19.9×
8 Jul 202214.3×19.9×
29 Jul 202215.2×19.9×
19 Aug 202214.1×19.9×
9 Sep 202214.1×19.9×
30 Sep 202213.8×19.9×
21 Oct 202215.2×19.9×
11 Nov 202215.1×19.9×
2 Dec 202215.8×19.9×
23 Dec 202214.2×19.9×
13 Jan 202315.1×19.9×
3 Feb 202314.2×19.9×
24 Feb 202314.4×19.9×
17 Mar 202313.4×19.9×
6 Apr 202313.8×19.9×
28 Apr 202314.6×19.9×
19 May 202314.1×19.9×
9 Jun 202314.1×19.9×
30 Jun 202315.1×19.9×
21 Jul 202316.9×19.9×
11 Aug 202318.6×19.9×
1 Sep 202317.5×19.9×
22 Sep 202317.1×19.9×
13 Oct 202318.0×19.9×
3 Nov 202316.2×19.9×
24 Nov 202317.0×19.9×
15 Dec 202317.7×19.9×
5 Jan 202422.8×19.9×
25 Jan 202421.2×19.9×
16 Feb 202423.8×19.9×
7 Mar 202424.3×19.9×
28 Mar 202421.6×19.9×
19 Apr 202424.1×19.9×
10 May 202421.6×19.9×
31 May 202422.0×19.9×
21 Jun 202423.7×19.9×
12 Jul 202428.4×19.9×
2 Aug 202429.1×19.9×
23 Aug 202429.8×19.9×
13 Sep 202428.9×19.9×
4 Oct 202425.5×19.9×
25 Oct 202422.5×19.9×
14 Nov 202421.0×19.9×
6 Dec 202424.5×19.9×
27 Dec 202421.6×19.9×
17 Jan 202520.4×19.9×
7 Feb 202522.4×19.9×
28 Feb 202522.9×19.9×
21 Mar 202523.4×19.9×
11 Apr 202521.4×19.9×
2 May 202520.9×19.9×
23 May 202521.8×19.9×
13 Jun 202522.2×19.9×
4 Jul 202523.1×19.9×
25 Jul 202523.3×19.9×
14 Aug 202521.2×19.9×
5 Sep 202520.5×19.9×
26 Sep 202520.2×19.9×
17 Oct 202520.6×19.9×
7 Nov 202519.4×19.9×
28 Nov 202519.5×19.9×
19 Dec 202518.5×19.9×
9 Jan 202619.1×19.9×
1 Feb 202618.5×19.9×
20 Feb 202619.2×19.9×
13 Mar 202619.2×19.9×
2 Apr 202618.4×19.9×
24 Apr 202618.9×19.9×
15 May 202618.4×19.9×
4 Jun 202618.6×19.9×
12 Jun 202618.5×19.9×
24 Jun 202619.0×19.9×
3 Jul 202618.7×19.9×
24 Jul 202618.8×19.9×
14 Aug 202617.1×19.9×
4 Sep 202617.4×19.9×
25 Sep 202618.5×19.9×
9 Oct 202617.9×19.9×
30 Oct 202618.1×19.9×
5 Nov 202618.7×19.9×

Earnings per share, 12 months

  • Earnings per share, 12 months ₹10
Earnings per share, 12 months
WeekEarnings per share, 12 months
11 Mar 2016–
1 Apr 2016₹6
22 Apr 2016₹6
13 May 2016₹6
3 Jun 2016₹6
24 Jun 2016₹7
15 Jul 2016₹7
5 Aug 2016₹7
26 Aug 2016₹7
16 Sep 2016₹7
7 Oct 2016₹7
30 Oct 2016₹7
18 Nov 2016₹7
9 Dec 2016₹7
30 Dec 2016₹7
20 Jan 2017₹7
10 Feb 2017₹7
3 Mar 2017₹7
24 Mar 2017₹7
13 Apr 2017₹7
5 May 2017₹7
26 May 2017₹7
16 Jun 2017₹7
7 Jul 2017₹6
28 Jul 2017₹6
18 Aug 2017₹6
8 Sep 2017₹6
29 Sep 2017₹6
19 Oct 2017₹6
10 Nov 2017₹6
1 Dec 2017₹6
22 Dec 2017₹6
12 Jan 2018₹6
2 Feb 2018₹6
23 Feb 2018₹6
16 Mar 2018₹6
6 Apr 2018₹7
27 Apr 2018₹7
18 May 2018₹7
8 Jun 2018₹7
29 Jun 2018₹7
20 Jul 2018₹7
10 Aug 2018₹7
31 Aug 2018₹7
21 Sep 2018₹7
12 Oct 2018₹7
2 Nov 2018₹7
22 Nov 2018₹7
14 Dec 2018₹7
4 Jan 2019₹7
25 Jan 2019₹7
15 Feb 2019₹7
8 Mar 2019₹7
29 Mar 2019₹7
18 Apr 2019₹7
10 May 2019₹7
31 May 2019₹7
21 Jun 2019₹7
12 Jul 2019₹7
2 Aug 2019₹7
23 Aug 2019₹7
13 Sep 2019₹7
4 Oct 2019₹7
27 Oct 2019₹7
15 Nov 2019₹7
6 Dec 2019₹7
27 Dec 2019₹8
17 Jan 2020₹8
7 Feb 2020₹8
28 Feb 2020₹8
20 Mar 2020₹8
9 Apr 2020₹8
30 Apr 2020₹8
22 May 2020₹8
12 Jun 2020₹8
3 Jul 2020₹8
24 Jul 2020₹8
14 Aug 2020₹8
4 Sep 2020₹8
25 Sep 2020₹7
16 Oct 2020₹7
6 Nov 2020₹7
27 Nov 2020₹7
18 Dec 2020₹7
8 Jan 2021₹7
29 Jan 2021₹7
19 Feb 2021₹7
12 Mar 2021₹7
1 Apr 2021₹6
23 Apr 2021₹6
14 May 2021₹6
4 Jun 2021₹6
25 Jun 2021₹7
16 Jul 2021₹7
6 Aug 2021₹7
27 Aug 2021₹7
17 Sep 2021₹8
8 Oct 2021₹8
29 Oct 2021₹8
18 Nov 2021₹8
10 Dec 2021₹8
31 Dec 2021₹8
21 Jan 2022₹8
11 Feb 2022₹8
4 Mar 2022₹8
25 Mar 2022₹8
13 Apr 2022₹8
6 May 2022₹8
27 May 2022₹8
17 Jun 2022₹8
8 Jul 2022₹8
29 Jul 2022₹8
19 Aug 2022₹8
9 Sep 2022₹8
30 Sep 2022₹8
21 Oct 2022₹8
11 Nov 2022₹8
2 Dec 2022₹8
23 Dec 2022₹8
13 Jan 2023₹8
3 Feb 2023₹8
24 Feb 2023₹8
17 Mar 2023₹8
6 Apr 2023₹8
28 Apr 2023₹8
19 May 2023₹8
9 Jun 2023₹8
30 Jun 2023₹8
21 Jul 2023₹8
11 Aug 2023₹8
1 Sep 2023₹8
22 Sep 2023₹8
13 Oct 2023₹8
3 Nov 2023₹8
24 Nov 2023₹8
15 Dec 2023₹8
5 Jan 2024₹8
25 Jan 2024₹8
16 Feb 2024₹8
7 Mar 2024₹8
28 Mar 2024₹9
19 Apr 2024₹9
10 May 2024₹9
31 May 2024₹9
21 Jun 2024₹9
12 Jul 2024₹9
2 Aug 2024₹9
23 Aug 2024₹9
13 Sep 2024₹9
4 Oct 2024₹9
25 Oct 2024₹9
14 Nov 2024₹9
6 Dec 2024₹9
27 Dec 2024₹9
17 Jan 2025₹9
7 Feb 2025₹9
28 Feb 2025₹9
21 Mar 2025₹9
11 Apr 2025₹9
2 May 2025₹9
23 May 2025₹9
13 Jun 2025₹9
4 Jul 2025₹10
25 Jul 2025₹10
14 Aug 2025₹10
5 Sep 2025₹10
26 Sep 2025₹10
17 Oct 2025₹10
7 Nov 2025₹10
28 Nov 2025₹10
19 Dec 2025₹10
9 Jan 2026₹10
1 Feb 2026₹10
20 Feb 2026₹10
13 Mar 2026₹10
2 Apr 2026₹10
24 Apr 2026₹10
15 May 2026₹10
4 Jun 2026₹10
12 Jun 2026₹10
24 Jun 2026₹10
3 Jul 2026₹10
24 Jul 2026₹10
14 Aug 2026₹10
4 Sep 2026₹10
25 Sep 2026₹11
9 Oct 2026₹11
30 Oct 2026₹11
5 Nov 2026₹10
Top: P/E each week. Below: earnings per share, trailing twelve months, leaving out one-off items, a step line that moves once a quarter; 11 years of history; short peaks above 33× are drawn at the top edge.

PEG 5.60: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 5.60×
  • PEG = 1.0 1.00×
PEG 5.60: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Q4 FY233.32×1.00×
Q1 FY241.84×1.00×
Q2 FY242.31×1.00×
Q3 FY242.66×1.00×
Q4 FY242.92×1.00×
Q1 FY252.88×1.00×
Q2 FY252.90×1.00×
Q3 FY252.35×1.00×
Q4 FY256.00×1.00×
Q1 FY266.00×1.00×
Q2 FY261.55×1.00×
Q3 FY265.60×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Worked out here as the quarter-end P/E divided by the growth in earnings per share over the last 12 months (only quarters with positive growth), because a reported quarterly PEG is not available for this stock. Last 12 quarters; values above 6 are drawn at the top edge.
18.7×P/E · lower than 58% of its last 11 years
3.28PEG · today, derived from 3-year earnings growth

Why the multiple is where it is: over the past year earnings per share moved +2.5% while the price moved +1.6%. Earnings did better than the price, which pulled the multiple down within its own range.

Where the price move came from: over 5 years the price moved +6.6% a year; about +6.3% a year came from earnings growth and about +0.3 percentage points from the multiple (roughly no change); over 10 years the price moved −1.0% a year; about +4.5% a year came from earnings growth and about −5.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

What growth does the Castrol India share price assume?

Worked out from its price on 11 October 2026, Castrol India Ltd's share price assumed profit growth of about 9.1% a year. Over the past 10 years its profit actually grew 4.4% a year. Today its P/E is 18.7×, lower than 58% of its own last 11 years.

This works the share price backwards. It asks one question: what yearly profit growth does the price already assume? The answer is the growth rate at which eleven years of profit (six years of growth, then five years of slowing) add up to that day's market value, after each year is discounted at 11%.

This is a one-day reading, taken on 11 October 2026. Every other number on this page, the multiple included, uses the latest price as of 5 November 2026. A higher price assumes more growth and a lower price less, so it changes whenever the price changes, and this page does not update it between measurements.

Is the Castrol India business getting better or worse?

Castrol India Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 71.3%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue +6.7% in FY25, profit +2.5%

  • Revenue growth 6.7%
Growth year by year: revenue +6.7% in FY25, profit +2.5%
QuarterRevenue growth
FY15−2.8%
FY162.2%
FY176.4%
FY189%
FY19−0.7%
FY20−22.7%
FY2139.9%
FY2213.9%
FY236.3%
FY245.7%
FY256.7%

Profit growth, EPS growth

  • Profit growth 2.5%
  • EPS growth 2.5%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY1529.5%29.6%
FY168.9%9%
FY173.3%3.1%
FY182.3%2.4%
FY1916.8%16.8%
FY20−29.5%−29.5%
FY2130%30.1%
FY227.5%7.6%
FY236%6.1%
FY247.3%7.2%
FY252.5%2.5%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue accelerating, profit stabilising

  • Revenue 16.9%
Three growth lines over twelve quarters: revenue accelerating, profit stabilising
QuarterRevenue
Dec 20236.3%
Mar 20245.6%
Jun 20245%
Sep 20245.8%
Dec 20245.7%
Mar 20257%
Jun 20257.6%
Sep 20256.8%
Dec 20256.7%
Mar 20267%
Jun 202611.8%
Sep 202616.9%

Profit, EPS

  • Profit 3.6%
  • EPS 3.5%
Profit, EPS
QuarterProfitEPS
Dec 20236%6.2%
Mar 202411.3%11.4%
Jun 20249.5%9.7%
Sep 202410.2%10.2%
Dec 20247.3%7.2%
Mar 20257.5%7.4%
Jun 20258%7.9%
Sep 20258.8%8.6%
Dec 20252.6%2.3%
Mar 20261.7%1.5%
Jun 202611.3%11.1%
Sep 20263.6%3.5%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 71.3%
ROCE: the return line, worked out each quarter
QuarterROCE
Dec 202357.2%
Mar 202457.4%
Jun 202456.4%
Sep 202457.2%
Dec 202455.4%
Mar 202556.4%
Jun 202563.5%
Sep 202564.8%
Dec 202559.4%
Mar 202659.8%
Jun 202674.7%
Sep 202671.3%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
RisingRevenue growth · latest +16.9%, range +5.0% to +16.9%
Steady highProfit growth · latest +3.6%, range +1.7% to +11.3%
Steady highEPS growth · latest +3.5%, range +1.5% to +11.4%
RisingROCE · latest 71.3%, range 55.4% to 74.7%

Why it matters: steady growth with healthy returns is how a business compounds over time.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue+6.7%+6.2%+13.8%+5.7%
Profit+2.5%+5.2%+10.3%+4.4%
EPS+2.5%+5.2%+10.3%+4.4%
Share price+1.6%+13.2%+6.6%−1.0%
+27.3%Revenue growth (Sep 2026) · latest quarter against a year ago
−22.8%Profit growth (Sep 2026) · latest quarter against a year ago
5.7%Revenue, 10 years · yearly growth over the long run

What is the Castrol India story, and has it been checked?

Castrol India Ltd's story is not scored yet against the checks our research set on 10 October 2026. Where it sits in its own cycle: EARLY EXPANSION. Still open: A reconciled subsequent result showing that accepted price increases failed to protect operating profit as input costs rose, alongside weakening core sales, would break the thesis.

NOT YET CHECKED

From the numbers. The separate weekly opportunity…

From the price. Price stage 2, week 4, below its 200-day line, relative strength rising.

What is not proven yet. A reconciled subsequent result showing that accepted price increases failed to protect operating profit as input costs rose, alongside weakening core sales, would break the thesis.

What would change our mind. A reconciled subsequent result showing that accepted price increases failed to protect operating profit as input costs rose, alongside weakening core sales, would break the thesis.

The test written in advance. A reconciled subsequent result showing that accepted price increases failed to protect operating profit as input costs rose, alongside weakening core sales, would break the thesis. Measured by: the thesis as written as stated by the next result.

What the company does. Reported growth improved in the latest quarter, with operating profit rising faster than sales. Management attributes profitability partly to older inventory and expects delayed input inflation to follow, so the margin improvement is not wholly repeatable. Premium products and industrial customer additions provide operating possibilities; inconsistent disclosure and unresolved transaction timing limit confidence.

The key numbers to watch, and the level that would change the picture

The key numbers to watch, and the level that would change the picture
MeasureWhy it mattersWhat to watch
Pricing and cost recoveryPricing and sourcing actions can retain the benefit of growing sales if they offset delayed input inflation.Input inflation reaches costs before accepted pricing and savings compensate, or price increases cause enough volume loss to reduce operating profit.
Synthetic portfolio adoptionExpanded synthetic offerings create a route to a more valuable product mix.Synthetic launches fail to increase realized mix or promotional spending absorbs the incremental gross profit.
Industrial customer additions and…Industrial solutions and customer additions can extend sales growth, with a lower-margin mix constraint.Industrial growth slows or lower-margin revenue displaces automotive profit without sufficient absolute profit contribution.

Everything further down this page is evidence for or against these.

The numbersearly in a rise in resultsFY26-Q2 to FY27-Q1
The pricerising, below the 200-day averageFY26-Q2 to FY27-Q1
The whymultiple near its usual levelFY26-Q2 to FY27-Q1

FY26-Q2FY27-Q1

What the surface reading misses. The surface reading is: Higher sales, margin and profit suggest an accelerating business. The research reads it further: Operating profit grew faster than sales, but management attributes part of profitability to older inventory; this can shift profit between periods without improving replacement-cost economics.

What the surface reading misses. The surface reading is: Sales growth with slower profit growth suggests deteriorating economics. The research reads it further: Foreign exchange and operating expenses offset sales growth; management says raw-material pressure was partly delayed by inventory, leaving an additional future cost test.

  • 1 · Operating leveragequiet
  • 2 · Value-added mixbuilding
  • 3 · Management changequiet
  • 4 · Paying down debtquiet
  • 5 · Regulatory approvalquiet
  • 6 · Order-book winsquiet
  • 7 · Consolidationquiet
  • 8 · Demerger or value unlockquiet
  • 9 · Buybackquiet
  • 10 · New geographiesquiet
  • 11 · More business from existing customersquiet
  • 12 · New product launchquiet
  • 13 · Mandatory normsquiet
  • 14 · A bigger market to servequiet
  • 15 · Market-share gainsquiet
  • 16 · Asset qualityquiet

Lever 2 · Value-added mix: building. Expanded synthetic offerings create a route to a more valuable product mix. What proves it keeps working: Synthetic portfolio adoption. It stops working if Synthetic launches fail to increase realized mix or promotional spending absorbs the incremental gross profit.

Sources: our stock research file (10 October 2026) · quarterly results through Sep 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.

The whole page in one table. Each row links to its section.

The whole page in one table. Each row links to its section.
SectionWhere it is nowThe one thing to watch next
Margin21%Pricing and cost recovery

Did Castrol India management deliver what it promised?

What Castrol India Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.

Conflicting Medium-Term EBITDA Margin Outlook · 26 October 2026. In August 2026, management said the 21% to 24% EBITDA profile would be outside that range in the medium term and return only over the longer term.

Volume Growth Goal Recast Lower · 26 October 2026. In August 2026, management reaffirmed a 2x market-growth framework. In October 2026, it recast the framework to a range whose low end is 1.5x, a material reduction from the earlier 2x goal, without explaining what changed in demand or execution assumptions.

Data-Center Commercialization Appears Less Advanced · 26 October 2026. In April 2026, management described the data-center opportunity as beyond the pilot stage, and in August 2026 said some trials had already generated business. In October 2026, it described the products as still in pilot cycles and very early, which appears to reset the commercialization stage of an emerging growth opportunity without explanation.

Rural Distribution and Service Footprint Reversal · 5 August 2026. In Apr 2026 and Feb 2026, management described rural distribution at more than 40,000 outlets and reported 800 Castrol Auto Services. In Aug 2026, it reported only approximately 25,000 rural outlets and 550 auto service hubs, without explaining whether definitions changed, outlets were exited, or prior figures were misstated. This is a material inconsistency in the distribution and services-led growth narrative.

Every quote above is taken word for word from the company’s own earnings calls.

What is Castrol India management's track record?

The original-call receipt and company release resolve the stored summary profit and distribution-count errors: those are evidence-processing errors, not management lies. Management acknowledges older-inventory support and delayed cost pressure; older price increases protected margins at the cost of volumes. The full downturn record remains incomplete, so mixed is more defensible than strong.

Regulatory and governance record

No company-specific fraud, lie or qualifying enforcement case is established.

0%Promoter shares pledged

Checked 14 October 2026.

How much does Castrol India earn on its capital?

Castrol India Ltd earned a ROCE of 60% in FY25. That is up from a low of 55% in FY24. Its return on capital used (ROIC) is 78.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 16.6% net margin and 1.69× asset turnover (sales divided by assets).

Return on capital employed (ROCE) is the profit the whole business earns on all the money in it, from shareholders and lenders together. It is the best single test of whether growth adds value or just size.

Why the return is what it is (FY25): a 16.6% net margin × 1.69× asset turnover × 1.79× leverage (assets divided by equity) ≈ 50.2% on equity. The margin does most of the work; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 90.8% − 12.0% = +78.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value.

The 90.8% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 111.4%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROCE 60%, the climb back from FY24's 55%

  • ROCE 60%
  • ROIC (annual) 111.4%
  • Cost of capital 12%
FY25: ROCE 60%, the climb back from FY24's 55%
QuarterROCEROIC (annual)Cost of capital
FY14117%–12%
FY15179%–12%
FY16133%–12%
FY17105%–12%
FY18101%–12%
FY1991%–12%
FY2057%–12%
FY2167%268.6%12%
FY2261%142.4%12%
FY2357%98%12%
FY2455%94.9%12%
FY2560%111.4%12%
Return on capital employed each year, % (line); ROIC each year, % (line). 12-year window, low years included. The flat line is the 12.0% cost of capital used on this page.

Q2 FY26: ROCE 72.0% (last 12 months) against a 12.0% cost of capital

  • ROCE (12 months) 72.0%
  • ROIC (12 months) 116.8%
  • Cost of capital 12.0%
Q2 FY26: ROCE 72.0% (last 12 months) against a 12.0% cost of capital
QuarterROCE (12 months)ROIC (12 months)Cost of capital
Q4 FY2351.6%106.2%12%
Q1 FY24–91.9%12%
Q2 FY2451.7%86.2%12%
Q3 FY24–84.7%12%
Q4 FY2450.8%87.9%12%
Q1 FY25–92.6%12%
Q2 FY2565.4%95.5%12%
Q3 FY25–97.8%12%
Q4 FY2563.6%98.8%12%
Q1 FY26–99%12%
Q2 FY2672%105.2%12%
Q3 FY26–116.8%12%
ROCE and ROIC over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Castrol India have too much debt?

Castrol India Ltd has total debt of ₹53.0 Cr against shareholder equity of ₹1,909 Cr as of Sep 2026, so its debt is 0.03× its equity, which is very little. Year by year, that ratio went from 0.03 in FY23 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

Why this happened. The latest capex plan goals manufacturing and market visibility rather than a quantified capacity step-change. That supports maintenance and distribution execution, but does not establish an incremental earnings ramp.

FY26: debt ₹63.0 Cr, 0.03× equity

  • Total debt ₹63.0
FY26: debt ₹63.0 Cr, 0.03× equity
QuarterTotal debt
FY23₹50
FY24₹77
FY25₹82
FY26₹63

Debt-to-equity

  • Debt-to-equity 0.03×
Debt-to-equity
QuarterDebt-to-equity
FY230.03×
FY240.04×
FY250.04×
FY260.03×
Top: total debt each year, ₹ Cr. Below: debt-to-equity, ×. 4-year window.

Sep 2026: debt ₹53.0 Cr, debt-to-equity 0.03

  • Total debt (quarterly) ₹53.0
Sep 2026: debt ₹53.0 Cr, debt-to-equity 0.03
QuarterTotal debt (quarterly)
Dec 2023₹77
Mar 2024₹77
Jun 2024₹73
Sep 2024₹73
Dec 2024₹82
Mar 2025₹82
Jun 2025₹73
Sep 2025₹73
Dec 2025₹63
Mar 2026₹63
Jun 2026₹53
Sep 2026₹53

Debt-to-equity

  • Debt-to-equity 0.03×
Debt-to-equity
QuarterDebt-to-equity
Dec 20230.04×
Mar 20240.04×
Jun 20240.03×
Sep 20240.03×
Dec 20240.04×
Mar 20250.04×
Jun 20250.04×
Sep 20250.04×
Dec 20250.03×
Mar 20260.03×
Jun 20260.03×
Sep 20260.03×
Top: total debt each quarter, ₹ Cr. Below: debt-to-equity, ×. Last 12 quarters. Indian companies report the full balance sheet every six months, so the quarter in between repeats the last reading.

What is the Castrol India shareholding pattern?

Domestic institutions cut their stake in Castrol India Ltd by 2.3 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 12.9% of the company. Foreign institutions moved +0.4 points over the same period, to 10.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Domestic institutions: −2.3 points over 8 quarters, to 12.9%; Foreign institutions: +0.4 points over 8 quarters, to 10.4%; Promoters: +0.0 points over 8 quarters, to 51.0%.

Why the owners changed: domestic institutions drove it (−2.3 points). They reduced their stake.

Year ends: the public +2.7 points from Mar 2024 to Mar 2026

  • Promoters 51%
  • Foreign inst. 8.48%
  • Domestic inst. 14.2%
  • Public 25.85%
Year ends: the public +2.7 points from Mar 2024 to Mar 2026
QuarterPromotersForeign inst.Domestic inst.Public
Mar 202451%9.51%16.37%23.11%
Mar 202551%10.64%14.57%23.79%
Mar 202651%8.48%14.2%25.85%
Shareholding at each year end (March quarter), % of the company. 3 year ends on file.

Domestic institutions cut their stake by 2.3 points over 8 quarters

  • Promoters 51%
  • Foreign inst. 10.42%
  • Domestic inst. 12.88%
  • Public 25.26%
Domestic institutions cut their stake by 2.3 points over 8 quarters
QuarterPromotersForeign inst.Domestic inst.Public
Sep 202351%10.96%16.51%21.52%
Dec 202351%10.38%15.92%22.7%
Mar 202451%9.51%16.37%23.11%
Jun 202451%9.98%16.11%22.9%
Sep 202451%10.05%15.19%23.77%
Dec 202451%9.52%14.46%25.02%
Mar 202551%10.64%14.57%23.79%
Jun 202551%10.31%14.92%23.75%
Sep 202551%10.27%14.95%23.78%
Dec 202551%9.68%14.58%24.73%
Mar 202651%8.48%14.2%25.85%
Jun 202651%8.17%13.63%26.41%
Sep 202651%10.42%12.88%25.26%
Shareholding by owner group, % of the company, each quarter, last 13 quarters.

How far is Castrol India from balance-sheet trouble?

For Castrol India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

How does Castrol India rank in its industry?

68.9 out of 100, rank 1 of 4 in Lubricants, with 97% of the evidence available.

Castrol India Ltd scores 68.9 out of 100 against the 4 companies it is compared with in Lubricants, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 19 + 19.7 + 12.5 + 17.7 = 68.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Castrol India compared with?

Castrol India ranks 1 of 4 Lubricants companies on the 4-Factor Sector Score, with 68.9 out of 100.

  1. 1Castrol India Ltd this pageCASTROLIND · breaking out · Most evidence points up · 97% evidence68.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 19.0/35 · Revenue 16.9% · Profit 3.6% · Operating margin change -9 points · 100% evidenceCapital efficiency 19.7/25 · ROCE 60.3% · Operating margin 15% · 100% evidenceValuation 12.5/20 · P/E 18.7× · PEG 1.45 · 85% evidenceRelative strength 17.7/20 · Lead over its industry 2.4% · Lead over NIFTY 500 5.3% · 1 year -3.6% · 100% evidence · 7 of 12 weeks aheadExact sum: 19 + 19.7 + 12.5 + 17.7 = 68.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  2. 2Veedol Corporation LtdVEEDOL · turning · Most evidence points up · 93% evidence68.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 27.6/35 · Revenue 12.9% · Profit 20.9% · Operating margin change 5 points · 88% evidenceCapital efficiency 19.9/25 · ROCE 24.1% · Operating margin 16% · 100% evidenceValuation 14.9/20 · P/E 10.6× · PEG 1.4 · 85% evidenceRelative strength 6.5/20 · Lead over its industry -6.6% · Lead over NIFTY 500 -4% · 1 year -24.1% · 100% evidence · 0 of 12 weeks aheadExact sum: 27.6 + 19.9 + 14.9 + 6.5 = 68.9 · What this means: Earnings are strong; relative strength in its sector is -6.6% and the one-year return is -24.1%.
  3. 3Gulf Oil Lubricants India LtdGULFOILLUB · losing its lead · Evidence leans up · 82% evidence61.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.5/35 · Revenue 24.7% · Profit 8.9% · Operating margin change 0 points · 100% evidenceCapital efficiency 18.9/25 · ROCE 25.9% · Operating margin 12% · 100% evidenceValuation 6.9/20 · P/E 12.1× · PEG 2.62 · 85% evidenceRelative strength 10.9/20 · Lead over its industry — · Lead over NIFTY 500 1.8% · 1 year -16.6% · 25% evidence · 11 of 12 weeks aheadExact sum: 24.5 + 18.9 + 6.9 + 10.9 = 61.2 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value.
  4. 4GOCL Corporation LtdGOCLCORP · quiet · Evidence leans down · 64% evidence35.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 7.4/35 · Revenue -7.7% · Profit -73% · Operating margin change -25 points · 95% evidenceCapital efficiency 6.8/25 · ROCE 7% · Operating margin -352% · 76% evidenceValuation 13.4/20 · P/E 5.5× · PEG — · 35% evidenceRelative strength 8.3/20 · Lead over its industry — · Lead over NIFTY 500 -3.4% · 1 year -12.8% · 25% evidence · 3 of 12 weeks aheadExact sum: 7.4 + 6.8 + 13.4 + 8.3 = 35.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far.

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Lubricants, all 4 compared on one page.

Which companies are close to Castrol India in size?

Castrol India is the largest of 4 Lubricants companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Gulf Oil Lubricants India, Veedol Corporation and GOCL Corporation.

Lubricants companies close in size

  1. Castrol India Ltd ₹19,212 crore
  2. Gulf Oil Lubricants India Ltd ₹5,104 crore
  3. Veedol Corporation Ltd ₹2,328 crore
  4. GOCL Corporation Ltd ₹1,529 crore

All 4 Lubricants companies, largest first

Companies close in size in other industries

  1. Affle 3i Ltd ₹19,308 crore · Advertisement
  2. EIH Ltd ₹19,271 crore · Hotels
  3. Castrol India Ltd ₹19,212 crore
  4. IndiGrid Infrastructure Trust ₹19,163 crore · Infrastructure Investment Trusts
  5. NBCC (India) Ltd ₹18,808 crore · Infra - Construction & Contracting

What else do people ask about Castrol India?

What were Castrol India's latest quarterly results?

Castrol India Ltd reported revenue of ₹1,735 Cr and net profit of ₹176 Cr for the Sep 2026 quarter. Revenue rose 27.3% and profit fell 22.8% compared with a year earlier. Earnings per share were ₹1.78.

The operating margin was 15.0%, 9.0 percentage points lower than a year earlier (as of 5 November 2026).

What is Castrol India's market cap?

Castrol India Ltd's market capitalisation is ₹19,212 Cr at a share price of ₹194.21. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 5 November 2026).

How is Castrol India performing?

Castrol India Ltd's share price has been rising for 4 weeks. In its latest quarter, revenue rose 27.3% and profit fell 22.8% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 11 weeks running (as of 5 November 2026).

Will Castrol India's share price go up?

This page does not forecast Castrol India Ltd's share price. What it shows instead: the share price is ₹194.21, and it has been rising for 4 weeks. Its P/E of 18.7× is higher than 42% of its own last 11 years (as of 5 November 2026).

Who owns Castrol India?

Promoters own 51.0% of Castrol India Ltd, foreign institutions 10.4%, domestic institutions 12.9% and the public 25.3% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 2.3 percentage points over 8 quarters (as of 5 November 2026).

Does Castrol India have too much debt?

No, Castrol India Ltd has little debt: its debt is 0.03× its equity, and its operating profit is more than 100 times its interest bill. FY25 borrowings were ₹63.0 Cr against equity of ₹1,901 Cr.

So the returns on this page come from the business, not borrowed money (as of 5 November 2026).

Where is Castrol India in its business cycle?

Castrol India Ltd's FY25 operating margin was 24.0%, against a 12-year range of 21.0% to 30.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 15.0%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 5 November 2026).

What could break the Castrol India story?

Biggest thing to watch: the price has already been rising for 4 weeks, so timing is the risk more than the business.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 5 November 2026).

Is Castrol India a stock worth studying right now?

What the numbers show: Castrol India Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 5 November 2026).

Is there a Castrol India share price forecast for 2026?

What management itself guided: Overall volumes may remain soft in the short to medium term. The changes showing up in Castrol India's own numbers are market share gains. It is too early to say whether they last.

What would change the story: A reconciled subsequent result showing that accepted price increases failed to protect operating profit as input costs rose, alongside weakening core sales, would break the thesis.

Where does this page get Castrol India's management information?

From Castrol India's results calls, its filings and public records on governance, each dated on the page. Management’s plans are shown as plans, never as results.

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 5 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.