Castrol India

Castrol India, also known as Castrol India Limited, is an automotive and industrial lubricant manufacturing company which has been operating in India since 1910.

Castrol India is a public limited company and its parent company, Castrol Limited (UK) holds 70.92% equity of Castrol India Limited. Castrol India manufactures and markets both, automotive and industrial lubricants. Castrol India is the 2nd largest manufacturer of automotive and industrial lubricants in the Indian lubricant market and owns around 22% market share in the overall Indian lubricant market. Castrol India is a part of the BP Group and operates in about 56 countries.

Castrol markets its automotive lubricants under two brands - Castrol and BP. Castrol India enjoys market leadership in passenger car engine oils, premium 2-stroke and 4-stroke oils, and multi-grade diesel engine oils. Castrol India Ltd. has 5 manufacturing plants that are meticulously networked with 270 distributors, serving over 70,000 retail outlets. Further, it is also equipped with a state-of-the-art plant in Silvassa.

As the leading lubricant-manufacturing company, Castrol is the proud owner of the largest manufacturing facilities and marketing network amongst the lubricant companies operating in India. Castrol India registered net sales of ` 442.1 crore for the quarter ended March 31st March, 2006. The company's net profit stands at Rs 41.5 crore for the same period. The company is headed by Mr. Naveen Kshatriya, who is the managing director of the company, who also indicated that the company is looking to adapt its processes to ensure a sustainable future.

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)228
IndustryLubricants
Turnover2950.6
Profit after Tax(PAT)501.9
MCAP (Market Capitalization)11697.84
Assets553.5

The product lines of Castrol India include the following -

  • Industrial - The full range of Castrol metalworking fluids, cleaners, corrosion preventives and lubricants.

  • Marine - Cylinder oils-crosshead, crancase oils-crosshead, truck piston engine oils, hydraulic oils, gear oils, compressor oils, turbine oils, refrigeration oils, emulsifiable oils, multi-grades, heat transfer oils, greases, and fishing.

Castrol India is also involved with motor sports both, at the international and national level. At the international level, Castrol partners BMW Williams F1 team as well as other BMW Motorsports and it also hosts the famous Dakar Rally. Further, the company also provides technical assistance on the race track and in test events. Furthermore, it is a worldwide 'strategic lubricants partner' for automobile giants like Jaguar Cars Ltd., Land Rover, Volvo Car Corporation, and Aston Martin. In India, Castrol has a major presence due to an extensive network of dealers. Apart from this, the company has also entered into strategic tie-ups with companies like Tata Cummins, Godrej, ITC, and Reliance who act as original equipment manufacturers (OEM) for Castrol.

Castrol India is responsible for several social campaigns such as its Social Investment Program, Castrol Drive for Safety, and the Castrol Tsunami Project. The company also played a significant role after the Mumbai floods in 2005.

Last Updated on 1/4/2012

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