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Castrol India Ltd (Castrol), a subsidiary of Castrol Limited, is an oil and gas company. It carries out the production and distribution of a wide range of lubricants. The company’s product portfolio includes hydraulics, gear oils, refrigeration and compressor fluids, process oils, metal working fluids and greases. Castrol markets products under the brand names Castrol Activ, Castrol Crb, Castrol Edge, and Castrol Power1, among others. It finds applications across various industries including aerospace, automotive manufacturing, data centers, IT cooling, machinery manufacturing, marine industries, oil and gas, power generation and wind. The company has offices in Mumbai, Delhi, Kolkata and Chennai. Castrol is headquartered in Mumbai, Maharashtra, India.

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Headquarters India

Address Technopolis Knowledge Park, Mahakali Caves Road, Andheri (East), Mumbai, Maharashtra, 400093


Telephone 91 22 66984100

No of Employees 627

Industry Energy and Utilities

Ticker Symbol & Exchange CASTROLIND (NSE)

Revenue (2024) $656.7M 6.6% (2024 vs 2023)

EPS XYZ

Net Income (2024) XYZ 2.4% (2024 vs 2023)

Market Cap* $1.9B

Net Profit Margin (2024) XYZ -3.9% (2024 vs 2023)

* As of and is in US$
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Castrol India Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Castrol India Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Engine Oils Car Maintenance Services Castrol Activ
Manual Transmission Fluids Castrol Crb
Automatic Transmission Fluids Castrol Edge
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2025 Contracts/Agreements In December, the company signed an agreement to sell its 65% stake to Stonepeak for US$10 billion.
2025 New Products/Services In December, the company and Renault Group launched the new Renault Castrol GTX oil range.
2025 Others In December, the company received a takeover offer to sell its 26% stake to a consortium of Stonepeak and Canada Pension Plan Investment Board.
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Competitor Comparison

Key Parameters Castrol India Ltd Savita Oil Technologies Ltd Gulf Oil Lubricants India Ltd Veedol Corp Ltd GP Petroleums Ltd
Headquarters India India India India India
City Mumbai Mumbai Mumbai Kolkata Mumbai
State/Province Maharashtra Maharashtra Maharashtra West Bengal Maharashtra
No. of Employees 627 607 637 483 261
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Rakesh Makhija Chairman Executive Board 2024 -
Deepesh Baxi Chief Financial Officer; Director Executive Board 2021 -
Saugata Basu Ray Director Executive Board 2022 -
Saugata Basuray Chief Executive Officer - Interim; Director Executive Board 2026 -
Mayank Pandey Head - B2C Sales; Vice President Senior Management 2026 -
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
Non Dignissim Eros Proin vel Convallis 2026 XY
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