CASTROLINDNSECastrol India LimitedHighNeutral
Announced Tue, 28 Apr · 13:25 IST

Castrol India Limited has submitted to the Exchange, the financial results for the quarter ended March 31, 2026.

Ebitda Margin CompressionExceptional ItemResults View source PDF

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AI summary

Castrol India reported 9% YoY revenue growth to ₹1,545 crore in Q1 2026, up from ₹1,422 crore in Q1 2025. Profit after tax rose 4% to ₹242 crore from ₹233 crore. EBITDA increased 7% to ₹329 crore versus ₹307 crore year ago. The company achieved market share gains with strong rural expansion (double-digit growth, 43,000 outlets) and industrial business growth. EBITDA margin slightly compressed to 21.3% from 21.6% a year ago due to rising raw material costs and higher employee expenses. The auditor (Deloitte Haskins & Sells LLP) issued a clean limited review report with no qualifications. The parent company bp plc is selling 65% of Castrol's global lubricants business to Stonepeak, but this has no impact on Q1 2026 financials.

Likely market impact

Revenue and profit growth are positive but modest; EBITDA margin compression from rising input costs may concern investors focused on profitability. The ownership change at global level adds some uncertainty despite no immediate impact on India operations.