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Castrol India (500870) investor relations material
Castrol India Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Delivered steady, consistent growth in Q3 2025, with a focus on profitability and volume-led expansion across rural and industrial segments.
Revenue from operations for Q3 2025 grew 6% year-over-year to ₹1,363 crore, with EBITDA up 13% and PAT up 10% to ₹228 crore, reflecting strong operational performance and volume growth.
For the nine months ended September 2025, revenue rose 7% year-over-year to ₹4,282 crore, EBITDA increased 9% to ₹980 crore, and PAT climbed 8% to ₹705 crore, with volumes up 8%.
Growth was driven by a focus on industrial and rural segments, new product launches, and expanded distribution, including a network of ~150,000 outlets and over 750 service centers.
Strategic initiatives include expanding into EV fluids, data center coolants, and auto care products, positioning for future mobility trends.
Financial highlights
Q3 2025 revenue from operations: INR 1,363 crores, up 6% year-on-year, driven by 7% volume growth; EBITDA: INR 323 crores (up 13% YoY); profit after tax: INR 228 crores (up 10% YoY).
Nine months to September 2025: revenue INR 4,282 crores (+7% YoY), EBITDA INR 980 crores (+9% YoY), PAT INR 705 crores (+8% YoY); volumes up 8%.
EPS for Q3 2025: ₹2.30; for nine months: ₹7.13.
Year-to-date volume growth at 8%, outpacing industry averages.
Gross margin and EBITDA margin improved year-over-year, reflecting operational efficiency.
Outlook and guidance
Optimistic on continued volume growth as India's vehicle park expands and rural/industrial penetration deepens.
Focus remains on sustaining margin stability, cost discipline, and strategic investments in future-ready segments.
No change in strategy anticipated with upcoming leadership transition.
EBITDA margin guidance remains at 21%-24%, with no plans to aggressively expand in low-margin segments like DEF.
Management remains vigilant amid forex volatility and base oil price fluctuations, emphasizing disciplined financial management and ongoing investment in brands and innovation.
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