What we do Castrol India Ltd manufactures and markets automotive and industrial lubricants, offering high-performance products for vehicles and machinery, part of the global BP group. |
Founded in 1,979 |
Market share Market leader in retail automotive lubricants in India with dominant presence across automotive and industrial lubricant segments. |
Problem solved Provides reliable lubrication solutions to enhance engine performance, durability, and efficiency, addressing wear, corrosion, and maintenance needs in vehicles and machines. |
Top clients or who we serve Serves automotive manufacturers, industrial players, transport sectors, mechanics, and individual consumers through extensive retail and service networks (B2B and B2C). |
Key management Kedar Lele, Managing Director, with extensive leadership experience in lubricant and oil sectors. |
Our journey and innovations Founded as Indrol in 1979, renamed Castrol India in 1990; pioneered synthetic lubricants, digital initiatives, and local product innovation; received awards for innovation and safety. |
Where we operate Primarily India with minor exports, supporting vast domestic aftermarket and OEM segments. |
Top products or what we offer Flagship brands include Castrol EDGE, MAGNATEC, GTX for cars; Power1 for motorcycles; CRB and VECTON for commercial vehicles; also industrial and marine lubricants. |
Top brands Castrol EDGE (#1 performance synthetic engine oil), Castrol MAGNATEC (market leader in automotive lubricants), Castrol GTX, Castrol Power1 (premium motorcycle oils). |
Raw materials needed Base oils, additives, specialty chemicals sourced globally to produce lubricants and fluids. |
Raw materials supplier Supplied primarily via BP's global procurement network and select domestic chemical suppliers. |
Recurring vs cyclical contribution Predominantly recurring revenue from consumable lubricants with some cyclicality linked to automotive and industrial demand. |
Our industry position Strong competitive standing as India’s largest lubricant brand with a wide distribution and OEM partnerships. |
Financial highlights FY24 revenue ₹5,365 crore, PAT ₹927 crore, showing steady growth and strong profitability. |
Geographical revenue split Over 99% revenue from India with minor exports contributing less than 1%. |
Order book - |
Whats driving growth Growth driven by expanding automotive demand, industrial lubricants growth, rural market penetration, and technology-driven product innovation. |
Our future plans Focus on expanding auto care services, EV-ready lubricants, digital platforms, and sustainability initiatives. |
Our green promise Committed to sustainability via circular packaging, energy efficient manufacturing, and community social responsibility programs. |
Our people and values Over 630 employees with emphasis on safety, diversity, skill development, and inclusive workplace culture. |
Key challenges ahead Volatile raw material costs, competition, regulatory changes, and adapting to evolving mobility trends like electric vehicles. |
Interesting facts Castrol lubricants powered NASA’s Mars rover Curiosity; first in India with BS-VI ready lubricants; extensive digital ecosystem. |
Risks and strategy Mitigates risks via diversified portfolio, local manufacturing, strong brand equity, and strategic partnerships with OEMs and distributors. |
