Castrol India Ltd., incorporated in the year 1979, is a Mid Cap company (having a market cap of Rs 12443.16 Crore) operating in Petrochemicals sector.
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 1153.00 Crore, up 21.30 % from last quarter Total Income of Rs 950.50 Crore and up 62.90 % from last year same quarter Total Income of Rs 707.80 Crore. Company reported net profit after tax of Rs 243.60 Crore in latest quarter.
Investment Rationale
In CY20, CSTRL reported PAT decline of ~30% YoY amid the pandemic (against PAT CAGR of ~8% over CY10-19). Building on its positive long-term outlook, the company continues to drive growth in the personal mobility segment on the back of its wide distribution reach and strong brand building
Promoter/FII Holdings
Promoters held 51 per cent stake in the company as of March 31, 2021, while FIIs held 11.6 per cent, DIIs 16.7 per cent and public and others 20.7 per cent.
