Castrol India Shares Jump 10% After Strong Q4 Results and Big Dividend Announcement

Castrol India’s shares surged 9% following a 12% year-on-year increase in Q3 net profit, reaching ₹271 crore. The company also declared a ₹9.5 per share final dividend, including a special ₹4.5 dividend, with a record date of March 18, 2025. Despite a 25% decline in stock over the past six months, strong results and strategic growth plans fueled renewed investor interest.

CONTENTS:

• Castrol India Share Price Summary – 4th February 2025
• Castrol India Shares Surge 10%; Dividend Announcement and Q4 Financial Highlights
• Castrol India Shares Surge 9% Following Strong Q3 Results

Castrol India Shares Jump 10% After Strong Q4 Results and Big Dividend Announcement

Castrol India Share Price Summary – 4th February 2025

Stock Performance:

Castrol India Shares Jump 10% After Strong Q4 Results Castrol India closed at ₹187.95 today, marking a 6.40% increase from the previous day’s closing price of ₹176.65. The stock reached a high of ₹193.75 and a low of ₹183.70 during the session.

Market Capitalization & 52-Week Range:

• Market Cap: ₹17,545.05 crore
• 52-Week High: ₹284.40
• 52-Week Low: ₹162.80

Trading Volume & Market Activity:
The trading volume surged by 751.04% compared to the previous day, indicating significant market interest.

Investor Holdings:

• Mutual Fund (MF) Holdings: 2.16% (down from 2.62% in the previous quarter)
• Foreign Institutional Investor (FII) Holdings: 9.52% (down from 10.05% in the previous quarter)

Financial Performance:

• Return on Equity (ROE): 43.12%
• Return on Investment (ROI): 41.60%
• Earnings Per Share (EPS) Growth (Last 3 Years): 14.02%
• Revenue Growth (Last 3 Years): 19.19%
• Trailing Twelve Months Revenue: ₹52,750 crore (3.95% increase from the last fiscal year)

Analyst Ratings & Price Target:

• Current Rating: Hold
• Median Target Price: ₹236.00 (25.57% higher than the current price)
• Target Range: ₹190.00 (lowest) to ₹275.00 (highest)

Stock Peers Performance:

• Petronet LNG: ₹308.15 (+0.95%)
• Mangalore Refinery & Petrochemicals: ₹123.90 (+1.6%)
• Chennai Petroleum Corporation: ₹527.00 (+2.02%)
• Gulf Oil Lubricants India: ₹1035.40 (+5.12%)

Technical Analysis – Key Levels:

• Resistance Levels: ₹192.98, ₹198.30, ₹202.92
• Support Levels: ₹183.04, ₹178.42, ₹173.10

Castrol India Shares Jump 10% After Strong Q4 Results Overall, Castrol India experienced a strong bullish movement today with increased trading volume, indicating heightened investor interest.

Castrol India Shares Surge 10%; Dividend Announcement and Q4 Financial Highlights

Dividend Payout & Record Date: Castrol India Shares Jump 10% After Strong Q4 Results

Castrol India has announced a final dividend of ₹9.5 per share (including a special dividend of ₹4.5 per share) for the financial year ending December 31, 2024. The record date for determining eligible shareholders is set for March 18, 2025, with the dividend expected to be paid on or before April 23, 2025, subject to shareholder approval.

Q4 Financial Performance

For the quarter ending December 31, 2024, Castrol India reported:

• Profit After Tax (PAT): ₹271 crore (12% increase) from ₹242 crore in the same period last year.
• Revenue from Operations: ₹1,354 crore (7% increase) compared to the previous year.

Management Insights

Chief Financial Officer Deepesh Baxi attributed the company’s strong performance to strategic cost optimization, operational efficiencies, and effective pricing strategies, ensuring margin stability.

Managing Director Kedar Lele highlighted key growth areas, including:

• Expansion into rural markets, now covering 36,000 workshops and stores within a 143,000+ outlet network.
• The Q1 2025 relaunch of ACTIV, Castrol’s flagship lubricant brand.
• A continued focus on delivering high-quality products and services to the automotive and industrial sectors.

Stock Performance & Market Trend

• Castrol India’s stock rallied 10% on February 4, 2025, following the earnings announcement.
• However, the stock has declined by 25% over the past six months and 9% in the past year.

Company Overview

Castrol India Ltd, a subsidiary of Castrol Limited, operates in the oil and gas sector, producing and distributing a wide range of lubricants. Its product portfolio includes:

• Hydraulic fluids, gear oils, compressor fluids, process oils, metalworking fluids, and greases.
• Popular brands: Castrol Activ, Castrol CRB, Castrol Edge, and Castrol Power1.

Castrol India Shares Jump 10% After Strong Q4 Results :  Despite past stock declines, Castrol India’s solid Q4 results, dividend payout, and strategic expansion plans have generated renewed investor interest.

Castrol India Shares Surge 9% Following Strong Q3 Results

Shares of Castrol India soared 9% on February 4, 2025, after the company reported a 12% year-on-year increase in net profit, reaching ₹271 crore for the quarter ending December 31, 2024.

At 9:40 AM, the stock was trading at ₹193 per share, marking a significant rise from its previous close of ₹177. The company had announced its Q3 financial results post-market hours on February 3.

Key Financial Highlights (Q3 FY25)

• Revenue from operations: ₹1,354 crore (7% YoY increase) from ₹1,264 crore in Q3 FY24.
• Total income: ₹1,377 crore, up from ₹1,286 crore in the previous year.
• Total expenses: ₹1,006 crore, reflecting a 5% increase year-on-year.

Dividend Announcement & Record Date

Alongside its financial results, Castrol India declared a final dividend of ₹9.5 per share for the financial year ending December 31, 2024. The record date for determining eligible shareholders is set for March 18, 2025, with dividend payments scheduled on or before April 23, 2025.

Heavy Trading Volume

• On February 4, around 1.26 crore shares of Castrol India were actively traded.
• This trading volume was over six times the company’s 10-day average.

Board Changes

The company also announced a change in its board of directors:

• Udayan Sen stepped down as Nominee Director following his resignation from BP (British Petroleum).
• Nisha Trivedi has been appointed as his replacement.

Strategic Outlook

Kedar Lele, Managing Director of Castrol India, emphasized the company’s commitment to growth, innovation, and expanding its market reach.

• In 2024, Castrol India strengthened its presence in rural India, now reaching over 36,000 workshops and stores within a 143,000+ outlet network.
• In 2025, the focus will remain on delivering high-quality products and services to the automotive and industrial sectors while expanding consumer accessibility and affordability.

Castrol India Shares Jump 10% After Strong Q4 Results:  With strong financial performance, increased market reach, and a strategic vision for future growth, Castrol India continues to strengthen its position in the lubricant industry.