>DaxServer at 15:21, 22 August 2021

2021-08-22T15:21:01Z

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{{EngvarB|date=February 2014}}
{{Use dmy dates|date=February 2014}}
{{Infobox company
| name = Castrol India
| logo = Castrol textlogo.svg
| logo_size = 200
| type = [[Subsidiary]]
| traded_as = {{BSE|500870}} {{NSE|CASTROLIND}}
| key_people = Mr. Omer Dormen (Managing Director)<ref>{{cite web|title=Executive Profile|url=http://investing.businessweek.com/research/stocks/people/person.asp?personId=58833399&ticker=878285|website=Business Week|access-date=28 October 2014}}</ref>
| industry = [[List of petroleum companies|Oil and Gas]]
| products = [[Oil]] [[Petroleum]] [[Petrochemical]] [[Lubricant]]
| revenue = {{INRConvert|23543|m}}<ref>{{cite web|url=http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500870 |title=BSE Plus |publisher=Bseindia.com |access-date=22 December 2010}}</ref>
| net_income =
| assets =
| equity =
| owner = [[BP]] (50.9%)<ref name="4-traders">{{cite web|url=http://www.4-traders.com/CASTROL-INDIA-LIMITED-16030562/company/|access-date=2016-10-25|title=Castrol India Limited : Shareholders Board Members Managers and Company Profile | INE172A01027 | MarketScreener}}</ref>
| parent = [[Castrol]]
| num_employees =
| homepage = {{ur www.castroldistributorship.com/

en_in/india/home.html|castrol.com/india}}
| company_slogan =
| foundation = {{start date and age|1910}}
| location = [[Mumbai]], [[Maharashtra]], India
}}
'''Castrol India Limited''' is an automotive and industrial lubricant manufacturing company. Castrol India is the 2nd largest manufacturer of automotive and industrial lubricants in the Indian lubricant market and owns around 20%<ref>{{Cite web | url=https://www.capitaline.com/SiteFrame.aspx?id=1 | title=Capitaline Databases - Indian Corporate, Indian Company Database, Indian Equity Market, Indian Mutual Fund, Transfer Pricer | access-date=6 September 2015 | archive-url=https://web.archive.org/web/20151118102258/https://www.capitaline.com/SiteFrame.aspx?id=1 | archive-date=18 November 2015 | url-status=dead }}</ref>{{failed verification|date=July 2020}} market share in the overall Indian lubricant market.<ref>{{cite web |url=http://www.hdfcsec.com/Market/Information.aspx?CoCode=292&RptType=History |title=HDFC Securities |publisher=Hdfcsec.com |access-date=22 December 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110126224804/http://hdfcsec.com/Market/Information.aspx?CoCode=292&RptType=History |archive-date=26 January 2011 |df=dmy-all }}</ref> It is part of [[Castrol]] Limited UK (part of [[BP]] Group). It has 5 manufacturing plants that are networked with 270 distributors, serving over 70,000 retail outlets.<ref>{{cite web |url=http://www.castrol.com/castrol/sectiongenericarticle.do?categoryId=8278011&contentId=6005704 |title=Castrol India - Castrol India |publisher=Castrol.com |access-date=22 December 2010 |archive-url=https://web.archive.org/web/20110213145952/http://www.castrol.com/castrol/sectiongenericarticle.do?categoryId=8278011&contentId=6005704 |archive-date=13 February 2011 |url-status=dead }}</ref> As of December 2019, there were talks ongoing between [[Reliance Industries]] and [[BP]] for setting up fuel stations in India where Castrol’s products will be sold.<ref>{{cite news |title=Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley |url=https://www.financialexpress.com/industry/reliance-bp-petrol-pumps-to-dent-psu-market-share-morgan-stanley/1801090/ |access-date=15 July 2020 |work=[[The Financial Express (India)]] |date=22 December 2019 |archive-url=https://archive.today/20191223152930/https://www.financialexpress.com/industry/reliance-bp-petrol-pumps-to-dent-psu-market-share-morgan-stanley/1801090/ |archive-date=2019-12-23 |url-status=unfit}}</ref>{{cbignore|bot=InternetArchiveBot}}

==History==
In 1910, Castrol India started importing certain automotive lubricants from C C Wakefield & Company made an entry in the Indian market. In 1979, CIL was incorporated under the name of Indrol Lubricants and Specialities Pvt Ltd.<ref>{{cite web |url=http://www.hdfcsec.com/Market/Information.aspx?CoCode=292&RptType=History |title=HDFC Securities |publisher=Hdfcsec.com |access-date=22 December 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110126224804/http://hdfcsec.com/Market/Information.aspx?CoCode=292&RptType=History |archive-date=26 January 2011 |df=dmy-all }}</ref> It was listed on [[Bombay Stock Exchange|BSE]] in 1982 and CIL was converted into a public limited company. CIL had formed a subsidiary Company in the year 1987 under the name of Indtech Speciality Chemicals, Ltd.

On 1 November 1990, the name of the company was changed from Indrol Lubricants & Specialities Ltd. to Castrol India Ltd. It helped to manufacture of Telephone cable jellies, pharmaceuticals jellies and industrial waxes in technical collaboration with Dussek Campbell, U.K.

==Products==
* corrosion preventives and lubrIndustrial - Castrol metalworking fluids, cleaners, icants.
*Oils - Cylinder oils-crosshead, crankcase oils-crosshead, truck piston engine oils, hydraulic oils, gear oils, compressor oils, turbine oils, refrigeration oils, emulsifiable oils, multi-grades, heat transfer oils, greases, and fishing

==References==
{{reflist}}

==External links==
* {{official website}}
* [http://www.financialexpress.com/news/castrol-india-to-double-volumes-this-fiscal/608054/0 Castrol India to double volumes this fiscal]

{{BP}}
{{Nifty 200 companies}}
{{Energy companies and organizations in India}}

[[Category:Manufacturing companies based in Mumbai]]
[[Category:Energy companies established in 1910]]
[[Category:Oil and gas companies of India]]
[[Category:Chemical companies of India]]
[[Category:Indian companies established in 1910]]
[[Category:Chemical companies established in 1910]]
[[Category:Companies listed on the National Stock Exchange of India]]
[[Category:Companies listed on the Bombay Stock Exchange]]

{{India-company-stub}}

Castrol India - Revision history

>DaxServer at 15:21, 22 August 2021