Castrol India Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for CASTROLIND, BSE:500870 Castrol India Ltd.

Castrol India Ltd.

30 Jul 2019

194.01

2.64%

Volumes suffer; preparing for the uncertain times ahead

Buy: Castrol India Ltd.

Target

Motilal Oswal

Volumes suffer; preparing for the uncertain times ahead Net sales increased 2% YoY to INR10.4b (~7% miss) in 2QCY19. EBITDA was up 13% YoY at INR2.8b, while PAT grew 11% YoY (-1% QoQ) to INR1.8b (12% miss). Total expenditure of INR7.5b was flat YoY but increased 9% QoQ due to spending...

IDBI Capital decreased Hold price target of Castrol India Ltd. to 211.0 on 07 Nov, 2025.

Castrol India Ltd.

30 Jul 2019

194.01

2.64%

Castrol

Accumulate: Castrol India Ltd.

Recommendation Target

Dolat Capital

CSTRL's Q2CY19 volumes were in line with our estimates at 55.4 TKL. Revenue increased 2.2% YoY and by 6.5% QoQ, due to growth in the personal mobility segment, focus on channels, and new premium products. Gross spreads declined by 2% on a sequential basis. We expect spreads to remain stable/expand going forward, as CIL has already hiked prices in Q1CY19. CIL has been continuously working on protecting margins with sustainable growth. Management expects H2CY19 to boost volumes and they maintain they guidance between 2%-4%. Volume growth with spreads...

IDBI Capital decreased Hold price target of Castrol India Ltd. to 211.0 on 07 Nov, 2025.

Castrol India Ltd.

30 Jul 2019

194.01

2.64%

Castrol India

Sell: Castrol India Ltd.

Target

ICICI Securities Limited

Castrol India reported its Q2CY19 numbers, which were below our estimates mainly on account of lower-than-expected volumes, which fell 2.8% YoY to 55.4 million litre, below our estimate of 56.6 million litre. Revenues increased 2.2% YoY to | 1039.4 crore, below our estimate of | 1104 crore due to lowerthan-expected realisations. Castrol witnessed increase of 15% YoY in gross margins at | 101.1/litre (our estimate - | 100/litre) due to better product mix. On account of higher other expenses, EBITDA/litre came in at | 51.3/litre (up 16.2% YoY), below our estimate of | 55.4/litre. Hence, PAT was at | 182.7...

Number of FII/FPI investors decreased from 324 to 298 in Sep 2025 qtr

Castrol India Ltd.

10 May 2019

194.01

2.64%

Castrol

Buy: Castrol India Ltd.

Keynotes Financial Opiniery

Castrol India limited is one of the leading automotive and industrial lubricant manufacturing and marketing companies in India. The company has a proud heritage of innovation and success since over 100 years in the country. Castrol India is a public limited company with 51% share held by BP through its wholly subsidiary,...

Castrol India Ltd. has an average target of 235.50 from 3 brokers.

Castrol India Ltd.

02 May 2019

194.01

2.64%

Castrol India: Q1CY19 Result Review

Buy: Castrol India Ltd.

Target

IDBI Capital

Outlook and Valuation: Castrol has managed to recover its EBITDA margin to over 29.0% in last two quarters after falling to mid-20s during CY18 indicating its brand power. While its volume de-grew by 2.1% YoY in Q1CY19; it was better than industry performance. Castrol is currently trading at attractive valuations (PE of 17.7x CY20E). Further, dividend yield at 4.4% on our CY19E remains attractive. We continue to value Castrol at 24.0x on its CY20E EPS to derive a target price of Rs198 (previous...

Number of FII/FPI investors decreased from 324 to 298 in Sep 2025 qtr

Castrol India Ltd.

02 May 2019

194.01

2.64%

Castrol

Buy: Castrol India Ltd.

Dolat Capital

Volumes lower than estimates, Higher realizations negate increase in input cost; Maintain Accumulate CSTRL's Q1CY19 volumes were marginally below our estimates at 50.4 TKL. Revenue increased 5% YoY and decreased by 5.5% QoQ, due to growth in the personal mobility segment, focus on channels, and new premium products. Gross spreads rose by 2% on a sequential basis. We expect spreads to remain stable/expand going forward, as CIL has already hiked prices in Q1CY19. CSTRL's management is pessimistic about its...

Castrol India Ltd. has an average target of 235.50 from 3 brokers.

Castrol India Ltd.

02 May 2019

194.01

2.64%

Castrol India

Sell: Castrol India Ltd.

ICICI Securities Limited

Margins remain healthy on account of better product mix Castrol's raw material cost (base oil) are dependent on the movement of crude oil prices and rupee against US dollar. During the past few months, the company took two price hikes, which led to an increase in net realisations to | 193.7 crore vs. | 180 per litre YoY. As a result, gross margins increased and came in at | 101.5/litre. However, the recent upward trajectory in crude oil prices will escalate raw material costs. On account of the same and relatively weak product mix, we expect gross margins at | 100.6 per litre...

Number of FII/FPI investors decreased from 324 to 298 in Sep 2025 qtr

Castrol India Ltd.

22 Feb 2019

194.01

2.64%

Castrol India : There's A Rub Ahead

Buy: Castrol India Ltd.

Target

Motilal Oswal

We have been interacting with lubricants experts to cognize the future trends and prospects of the lubricants industry. The ride ahead for players is likely to remain tough owing to intensifying competition and the challenges in oiling the growth wheel over the longer term. We revise our CY20E P/E multiple for CSTRL from 35x to 30x, factoring in the aforementioned challenges.

Castrol India Ltd. has an average target of 235.50 from 3 brokers.

Castrol India Ltd.

07 Feb 2019

194.01

2.64%

Castrol India Ltd: Subdued Growth To Continue

Hold: Castrol India Ltd.

Target

Karvy

Subdued Growth To Continue: Castrol reported sales volume of 54 Mn Lt during Q4CY18 led by higher demandfrom the retail segment. Total volume for the year 2018 came in at 214 Mn Lt which is higher by 4.5% YoY out of which 80% growth came from new product launches.

Castrol India Ltd. is trading below all available SMAs

Castrol India Ltd.

01 Feb 2019

194.01

2.64%

Castrol India

Sell: Castrol India Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Castrol India reported its Q4CY18 numbers, which were above our estimates on the profit front. Revenues increased 6.5% YoY to | 1033.4 crore in line with our estimates. Volumes fell marginally by 0.7% YoY to 54 million litre below our estimates of 56.3 million litre However, the quarter witnessed an increase of 0.7% YoY in gross margins at | 98.4/litre, above our estimate of | 89.9/litre mainly due to a better product mix. Due to the same and lower other expenses,...

IDBI Capital decreased Hold price target of Castrol India Ltd. to 211.0 on 07 Nov, 2025.

Is Castrol India Ltd. worth buying?

802 Votes:

Buy 79.93%

Sell 10.72%

Hold 9.35%

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