Castrol India Shares: As the firm issued a special payout and final dividend for eligible shareholders, Castrol India shares will trade ex-dividend today. Let’s unleash more details regarding the Castrol India share in this article.
Overview of Castrol
Castrol, a division of the BP Group and a world leader in lubricants, today unveiled its redesigned brand, which includes a new appearance and feel. The goal of the brand update is to more accurately represent its distinct market positioning and the chances it sees to adapt to the shifting demands of its clientele.
Castrol is investigating prospects to offer services and solutions that will enhance its primary lubricants business and give clients more value. In addition to offering a handful of advanced EV fluids, such as EV thermal fluids, EV transmission fluids, and EV greases, Castrol has announced plans to invest approximately $60 million in a new, cutting-edge EV battery testing facility and analytical laboratory in the United Kingdom.
Castrol India Shares Analysis
Castrol India shares ended on Monday at ₹ 236.10, up around 2% for the day. The company’s overall market value was more than ₹ 23,300 crore. Since its 52-week low of ₹ 162.80 on January 28, 2025, the stock has risen by around 45%. It is 17% lower than its 52-week peak of ₹ 284.40.
Castrol India’s quarterly profit increased by 12% year over year (YoY) to ₹ 271.39 cr., aided by consistent product demand. The engine oil manufacturer, which is 51% controlled by the British oil giant BP, reported that increased sales in the October–December quarter caused its quarterly revenue to increase 7.1% (YoY) to ₹ 1,353.89 cr.
Castrol India Shares Predictions
Industry data indicates that while commercial vehicle sales increased 1.2% during the quarter, two-wheeler sales in India increased by almost 3%. In the case of Castrol India shares, the calendar runs from January to December. The management is optimistic about the Indian market and anticipates strong lubricant demand to last into the early CY40s and late CY30s, which is mostly due to the low car penetration rate in the nation.
Although EVs pose a significant danger, Motilal Oswal Financial Services predicted that EV adoption will be slow. The company said that it projects an EBITDA margin of 23% for both CY25 and CY26. Castrol has always had a strong brand history, and they have faith that it can continue to be profitable by introducing cutting-edge products that demand higher realization, improving its product mix, and enforcing strict cost-control measures. They maintain their ‘buy’ recommendation with a ₹ 260 target price,” the statement read.
Conclusion
Castrol India shares give the impression of being a significant market share in the Indian lubricants industry. Investors find it appealing due to the company’s nearly debt-free condition, steady dividend payments, and recent impressive financial results. But it’s important to recognize how the automobile industry is changing, especially with the popularity of electric cars and the possible effects of shifting raw material costs. The outlook for the company is further complicated by the latest reports of possible purchase interest.
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