Staff Writer
Mumbai: Castrol India Limited reported its highest-ever annual revenue in FY25, marking a milestone year for the lubricant major as sustained volume growth, expanding distribution reach and steady performance across automotive and industrial segments powered its financial performance.
For the financial year ended December 31, 2025, the company’s revenue from operations rose 7 percent year-on-year to ₹5,722 crore, while EBITDA increased 5 percent to ₹1,348 crore. Volumes grew 8 percent during the year, led by the core automotive lubricants business, continued scale-up of the industrial segment and deeper penetration into rural markets. FY25 also marked Castrol India’s eighth consecutive quarter of volume-led growth, accompanied by market share gains in its core categories.
The strong full-year performance was supported by a healthy showing in the fourth quarter. In the October–December 2025 period, revenue from operations stood at ₹1,440 crore, up 6 percent year-on-year and the highest quarterly revenue recorded by the company in the past two decades. EBITDA for the quarter was ₹368 crore, marginally lower on a year-on-year basis but up 14 percent sequentially, reflecting improved operating leverage. Volumes in the quarter rose 8 percent compared to the same period last year.
Commenting on the results, Saugata Basuray, Interim Chief Executive Officer of Castrol India Limited, said FY25 was a strong year marked by disciplined execution of the company’s strategy. He noted that double-digit growth in the industrial business and rural distribution expansion played a key role in driving performance, alongside new product launches and deeper engagement with automotive OEMs. Despite operating in a volatile environment, the company managed margins with agility while remaining focused on long-term growth priorities.
Reflecting its robust financial performance and strong cash generation, the Board of Directors has recommended a final dividend of ₹5.25 per share for FY25, subject to shareholder approval at the upcoming Annual General Meeting. With this, the total dividend for the year stands at ₹8.75 per share, underlining Castrol India’s continued commitment to shareholder returns while maintaining a resilient balance sheet.
Chief Financial Officer Mrinalini Srinivasan said FY25 was a year of solid financial delivery, driven by record volumes and healthy cash flows. She added that this strength enabled the company to consistently return value to shareholders even as it continued to invest in brands, people and distribution capabilities.
During the year, Castrol India stepped up product innovation, launching and localising nearly 20 products across automotive, industrial and specialty segments. These included new offerings such as Hysol SL 20 XBB, Alusol SL variants, Spheerol greases, Radicool and Transmax, along with upgrades to Castrol MAGNATEC aligned with the latest API SQ specifications. The company also expanded its auto care portfolio with a range of mechanic care, helmet care and aesthetic care products.
Brand-building initiatives remained a key focus, with Castrol’s campaigns and engagements reaching over 300 million consumers and trade audiences across platforms. The company strengthened its performance-led imagery through motorsports associations and expanded digital engagement with mechanics, farmers, bikers and truckers through targeted programmes and its FastScan mechanic app, which crossed one million registered users during the year.
Castrol India also significantly expanded its market reach, with its national distribution network growing to around 1.5 lakh outlets. Rural distribution extended to nearly 40,000 outlets, supported by about 500 Rural Service Express points, delivering sustained double-digit growth. Strategic partnerships with automotive players further strengthened its presence across both internal combustion and emerging mobility segments.
Looking ahead, Basuray said India’s mobility landscape is expected to evolve steadily, with internal combustion and hybrid engines continuing to dominate even as newer technologies gain traction. He added that Castrol India’s focus will remain on strengthening its core business, accelerating supply chain localisation and expanding into adjacent opportunities, positioning the company to navigate competitive pressures and cost volatility while building a future-ready business.
