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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.
Castrol India Ltd premium industry data and analytics
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 |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
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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