StockWatch
·

CASTROL INDIA LTD.

BSE: 500870

P/L Snapshot

Q1 FY27 · standalone

vs Q4 FY26·vs Q1 FY26
Revenue
1.9K
+20.2%+25.2%
Expenditure
1.4K
+13.2%+19.8%
Net Profit
347.70
+43.6%+42.5%
OPM %
26.41%
+5.10pp+3.06pp

Shareholding

Pattern breakdown

P/L Trends

(in crores)

RevenueExpenditureNet Profit
0.001.5K3.1K4.6K6.1KQ1 FY25Q3 FY25Q4 FY25Q1 FY26Q1 FY25Q2 FY26Q2 FY25Q3 FY26Q4 FY26Q1 FY27
Price Chart
Reports

Record PAT growth offset by flagged Q3 margin squeeze

margin pressure · raw material costs · pricing action

TranscriptDeep diveQ1 FY2719 Aug 20266 minEnergy & Oil/Gas

Castrol India Q1 FY27: PAT +43% YoY to ₹348 Cr as margins defy guided H2 pressure

lubricants · margin expansion · revenue growth

ResultsQ1 FY2704 Aug 20263 minEnergy & Oil/Gas

Margin Defence & Rural Pivot: Castrol Targets Steady Yield Amid Leadership Shift

lubricants · margins · rural-expansion

Result previewQ1 FY2704 Aug 20263 minEnergy & Oil/Gas
Latest
Dividend4 Aug, 3:29 pm

Castrol India Q1 FY27: PAT +43% YoY to ₹348 Cr as margins defy guided H2 pressure

Castrol India's standalone Q1 FY27 (April-June 2026, the company's own "2Q CY2026") print marks a broad-based beat: revenue from operations rose 25.0% YoY and 21.1% QoQ to ₹1,871.47 Cr, while PAT jumped 42.5% YoY (43.6% QoQ) to ₹347.70 Cr, with EPS at ₹3.51 versus ₹2.47 a year ago. Both figures ran well ahead of our own pre-result preview, which had pencilled in revenue near ₹1,440 Cr and PAT of ₹230-250 Cr against a Street consensus that was cautiously Hold-rated; the actual print beat every marker in that preview, including the operating-margin range. The bigger surprise sits in margins. Operating profit margin (EBITDA/revenue) expanded to 26.4% from 23.35% a year ago and 21.31% last quarter, while net margin (PAT/total income) rose to 18.44% from 16.20% YoY and 15.44% QoQ — this runs directly counter to management's own guidance from the prior concall of "significant near-term EBITDA margin pressure starting in Q2 due to rising raw material costs and currency volatility." No exceptional items sit in either this quarter or the year-ago quarter, so the swing is real operating performance, not an accounting one-off. The press release attributes it to supply-chain agility and a diversified vendor base that let the company navigate raw-material volatility without ceding price, plus a mix shift toward premium/full-synthetic products — three new full-synthetic launches this quarter — in the personal-mobility segment. Segment detail backs the topline: industrial, institutional and consumer businesses all posted volume growth, rural distribution expanded to ~45,000 outlets with the Rural Service Express network crossing 950 centres, and the national footprint held near 160,000 outlets. The Board declared an interim dividend of ₹6.25/share (record date 11 August 2026) against ₹3.50/share a year ago — CFO Mrinalini Srinivasan framed this as accelerating shareholder returns "during this year of transition," a reference to bp's announced sale of a 65% stake in Castrol's global lubricants business to Stonepeak (~USD 10 billion enterprise value, targeted for completion by end-2026), which the filing explicitly states had no impact on this quarter's numbers. The one caution flag, straight from MD Saugata Basuray, is forward-looking: management stays "cautious considering inflationary pressures and uneven monsoon conditions" that could weigh on H2 demand — an echo of the margin-pressure warning that didn't materialise this quarter but could still show up later in the year. With OPM now running 300-500bps above the company's stated structural 21-24% range, whether that holds or reverts is the key swing factor going into Q2 FY27.

4 Aug 2026, 03:29 pm

Corporate Events

DividendCASTROLIND
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11Aug

₹6.25 / share

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Consider and approve the unaudited financial results

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unaudited financial results of the Company for the quarter a…

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Consider and approve the unaudited financial results

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Board Meeting

Closure of Trading Window

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unaudited financial results of the Company for the quarter a…

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30Apr

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Consideration and approval of unaudited financial results of…

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DividendCASTROLIND
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21Mar

₹4.5 / share

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1Feb

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Consideration and approval of financial results of the Compa…

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30Oct

Board Meeting

To consider and approve the unaudited financial results of t…

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8Aug

₹3 / share

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