1 thought on “Castrol India Ltd.”

  1. Castrol India is into chemicals and oil industry. The company has debt to equity ratio of 0.03. Its peers are gulf oil lubricant, savita oil tech etc. amongst its peers castrol has a highest ROE of 40.94% the company registered a profit of ₹225cr for 3 mnth ending june 2023 which is highest profit from past 5 quarters. The company also has major chunk of shares i.e 21% approx with retail investors and is priced at ₹141.7 currently. The company announced a dividend of ₹3 per share on 8th August & a dividend of ₹3.5 in august. The eps for company is 8.17. The FCFF for company for 2022/23 was ₹806cr approx which increased from 547cr in previous yr. overall company might be a good target for medium term/ short term horizon.

     

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top