Over the FY12-16 period Castrol India's revenue and PAT have grown at a CAGR of 1.9% and 10.8% respectively. The company has been able to maintain its margins despite the lingering impact of demonetization in the last quarter. The company has managed to hold volumes in a market which showed a decline as compared to last year. The company has a strong hold in the market and has maintained increase in volumes despite major market turmoil. The management has guided positive improvement in the mining sector, increase in revenue growth for FY17 on the back of a strong market diversification. On the valuation...