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From Wheels to Wings and everything in between - Annual Report 2024

From Wheels to Wings And everything in between

Castrol India has been at the heart of India's progress for over a century.


From wheels to wings reflects our journey wherein we power vehicles of all kinds to keep India moving.


Everything in between captures our commitment to innovation, trusted association, and cutting-edge technology that fuels industries beyond mobility.

Mr. Rajesh Makhija
“I am very pleased to report our strong financial performance in 2024. This growth reflects our disciplined operations, balanced margins, and increasing volumes – giving us the confidence to sustain and accelerate our momentum.” Mr. Rakesh Makhija, Chairperson
Mr. Kedar Lele
“I am exceptionally proud of our achievements and fiercely driven by the zeal of our teams and partners. We will continue to transcend boundaries, create lasting value for our stakeholders, and leverage the best opportunities that the market has to offer.” Mr. Kedar Lele, Managing Director

2024 at a glance

A Year of defining numbers

Revenue

INR 5,365 Crore

6.0% Y-o-Y

EBITDA

INR 1,278 Crore

7.0% Y-O-Y

Profit After Tax

INR 937 Crore

7.0% Y-O-Y

Market Capitalisation

INR 195 Bn*
*Dated as of 31 December 2024

Dividend per share

INR 13*
*Includes special dividend of INR 4.5 per share

earnings per share

INR 9
a ferry

Castrol’s expansive geographies

Our presence in India goes beyond corporate footprint; it is a testament to our dedication to driving progress, innovation, and positive change across nation’s diverse landscapes.

Castrol’s expansive geographies
630+

Employees including workmen*

*Dated as of 31 December 2024
3

Manufacturing plants

1,43,000

touchpoints

600+

Castrol Auto Service (CAS) Outlets

22

Chemical Management & Services sites across India