Castrol India Ltd
NSE: CASTROLIND BSE: 500870
₹188.28
(0.02%)
Wed, 25 Feb 2026, 05:50 am
Market Cap185.71B
PE Ratio19.61
Dividend4.53
Energy Minerals
Oil Refining/Marketing
24.5KCompany History
1919
- Indian branch of Castrol commenced activities through regional offices in Mumbai, Calcutta, Delhi, and Chennai.
1944
- Name changed to Castrol Ltd.
1966
- Castrol became part of the Burmah Group.
1981
- Amalgamated Indian marketing and business of Castrol with Indrol Lubricants & Specialities Ltd.
- Castrol agreed to hold 40% equity capital.
- Allotted 6,00,000 equity shares to Castrol.
- Retained Rs 95.27 lakh as interest-free loan from Castrol.
- Came under MRTP Act due to Burmah Castrol Plc acquisition.
- Entered registered user agreement for Castrol trademarks on June 9.
1982
- Incorporated on December 10 as Indrol Lubricants & Specialities Ltd.
- Commissioned first phase of lube oil refining plant in June.
- Set up modern blending plant and brake fluid plant at Patalganga.
1983
- Issued 9,00,000 equity shares at premium Rs.9, with reservations to employees, associates, LIC, UTI.
1985
- Commissioned brake fluid plant and lube oil blending plant at Patalganga in February and March.
- Issued 1,50,000 rights shares at premium Rs.10 linked to debentures.
1986
- Commissioned second phase of lube oil refining plant on June 27.
1987
- Formed subsidiary Indtech Speciality Chemicals Ltd for jellies and waxes in collaboration with Dussek Campbell, UK.
- Allotted 25,43,800 bonus shares in 1:1 ratio.
1988
- Offered 6,10,520 14% secured redeemable convertible debentures on rights basis.
- Part A of debentures converted to equity shares after six months.
1989
- Allotted 4,27,430 equity shares to Castrol Ltd. UK at premium of Rs.40.
1990
- Changed name to Castrol India Ltd effective November 1.
- Issued 36,93,645 bonus shares in 3:5 ratio.
1992
- Merged subsidiary Indtech Speciality Chemicals with Castrol India Ltd.
- Issued 59,09,832 bonus equity shares in 3:5 ratio.
1993
- Allotted 35,37,862 equity shares to Castrol Ltd. UK at premium of Rs.100.
1994
- Set up new plant in Silvassa at Rs.50 crores with state-of-art technology.
- Issued 192,97,415 bonus equity shares in 1:1 ratio.
1995
- Obtained ISO 9002 certification first in lubricant sector.
- Launched Tractormax and RX Super Plus.
- Signed agreement with Hindustan Powerplus for Caterpillar engines.
- Launched two-stroke engine oils Jett X and Super TT.
- Issued 231,56,898 bonus equity shares in 3:5 ratio.
1997
- Maruti Udyog signed agreement to sell Castrol products through outlets.
- Expanded blending capacity by 1,80,000 kl.
1998
- Signed agreement with NSDL for dematerialisation.
- Became first lubricant company in Asia-Pacific to get QS 9000 certification.
1999
- Reclassified authorised capital.
- Allotted 617,51,728 bonus shares.
2000
- Launched Castrol Active 4T for 4-stroke bikes.
- Introduced GTX Magnetic for passenger cars.
- Tied up with TELCO and LML for customised lubricants.
- Signed agreements with Tata Engineering for lubricants.
- Launched website www.castrolbikeworld.net.
- Ram Savoor appointed business unit head for BP Amoco's operations in India, Middle East, South Asia.
- Signed with Rane Engine Valves for lubricant supply.
- Stopped commercial production at Wadala Plant effective July 1.
2001
- Launched 'Castrol call-for-a-can' service.
- Closed manufacturing facility at Hoskote, Karnataka.
- Amalgamated Tata BP Lubricants India Ltd into Castrol India Ltd.
- Castrol UK acquired 20% stake via open offer, increasing holding to 71%.
2002
- Appointed Naveen Kshatriya as MD & CEO.
- Appointed Aspi Modi as company secretary.
- Appointed Uswin Desousa, Roger Elston-Green, and Ravindra Pisharody as wholetime directors.
- Shifted four offices to Andheri.
- Alastair Ferguson nominated as director.
- Launched CRB Turbo for turbocharged vehicles.
2003
- Launched 'PrimaZona' brand for motorcycle servicing franchisee workshops.
- Restructured sales and marketing into retail, workshop, and institutional specialists.
- Bagged tenth slot in Asiamoney's corporate governance poll for energy sector.
2004
- Philip J. Hughes nominated as director by Castrol Ltd UK.
- Entered pact with Mahindra Tractors.
- Naveen Kshatriya appointed regional vice president of BP's lubricant business.
- Escorts tied up for exclusive supply of engine oils.
- Rolled out BikeZone in Bangalore.
2005
- Launched International Driving Championship in India.
- IRTE and Castrol joined to promote road safety.
- John Abraham signed as brand ambassador.
- Introduced 'Liquid Engineering'.
2006
- Unveiled premium quality engine oil.
- Set up new bike service centre in Coimbatore.
- Launched Castrol EDGE.
2007
- Launched Castrol Magnatec with Intelligent Molecules.
- Entered strategic partnership with Volvo.
- Launched Castrol Power1 Throttle Max Challenge.
2008
- Appointed Soren Malekar as Wholetime Director - Supply Chain.
- Launched BikeZone in Hyderabad.
- Became official sponsor of FIFA World Cup.
2009
- Castrol CRB Turbo won National Awards for Packaging Excellence.
- Castrol won Golden Spanner Awards.
2010
- ICC named Castrol as Official Performance Partner.
- Launched Castrol Safe2Go program to promote vehicle safety.
- Issued 1:1 bonus shares.
2011
- Extended partnership with Cristiano Ronaldo for Castrol Edge.
- MotoGP star Marco Simoncelli participated in test with Castrol and Ford Abu Dhabi World Rally Team.
2012
- Launched Castrol Activ Scooter, India's first gearless scooter engine oil.
- Relaunched Castrol CRB Turbo with Durashield boosters.
- Launched Castrol GTX Modern Engine for new generation petrol cars.
- Issued 1:1 bonus shares.
2013
- Castrol Industrial lubricant used in NASA's Curiosity rover mission.
- Recommended final dividend of Rs. 3.50 per equity share.
2014
- Castrol India and Triumph Motorcycles signed partnership agreement.
2015
- Castrol India joined Bloodhound Project providing lubricants for BLOODHOUND Supersonic Car.
- Castrol India won Bronze Effie Award for best Digital Campaigns in 2014.
2016
- Tata Motors and Castrol announced global strategic partnership.
2017
- Tata Motors extended partnership with Castrol for truck racing event.
2018
- Entered strategic agreement with Mahindra & Mahindra for endorsement of Castrol products for tractors.
- Entered strategic partnership with Renault India as aftersales engine oil supplier effective January 2020.
2019
- Castrol India entered strategic collaboration with 3M India for vehicle care products.
2021
- Castrol India and Ki Mobility Solutions entered exclusive supply arrangement for lubricant products to multi-brand workshops.
2022
- Castrol and Ki Mobility Solutions collaborated to strengthen Indian automotive aftermarket ecosystem.
2023
- Castrol India completed acquisition of 7.09% stake in Ki Mobility Solutions Private Limited.
2024
- Castrol India expanded Auto Care product range with new additions.
- Castrol launched new EDGE range of products in India.
2025
- Company launched three new products under autocare range.
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