Castrol India Ltd (NSE:CASTROLIND)
₹ 220.24 +0.41 (+0.19%) Market Cap: 217.51 Bil Enterprise Value: 204.50 Bil PE Ratio: 23.03 PB Ratio: 9.55 GF Score: 79/100

Q4 2024 Castrol India Ltd Earnings Call Transcript

Feb 4, 2025 / 07:00 AM GMT
Release Date Price: ₹187.89 (+6.47%)

Key Points

Positve
  • Castrol India Ltd (BOM:500870) reported a 6% increase in revenue for the full year 2024, demonstrating strong top-line growth.
  • The company achieved a 14% year-on-year increase in profit before tax for Q4 2024, highlighting improved profitability.
  • Castrol India Ltd (BOM:500870) has expanded its product portfolio with new launches, including Castrol Edge variants and CRB Turbomax, enhancing its market offerings.
  • The company has made significant inroads into rural markets, expanding its reach to over 36,000 workshops and retail outlets.
  • Sustainability initiatives have been a focus, with over 50% of recycled plastic used in HDP bottles and a 45% reduction in CO2 emissions at the Silvasa plant.
Negative
  • The company faces challenges with forex fluctuations, which could impact input costs as 50-60% of materials are imported.
  • There is a potential risk of cannibalization within the product range, particularly with the introduction of the Essentials range.
  • The market perceives Castrol India Ltd (BOM:500870) as being in a terminal decline due to the rise of electric vehicles, affecting stock valuations.
  • The company has not provided specific guidance on future volume growth, which could create uncertainty for investors.
  • Despite efforts, the sales per outlet have decreased over the years, indicating potential inefficiencies in distribution or market saturation.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CAST.NS - Castrol India Ltd
Q4 2024 Castrol India Ltd Earnings Call
Feb 04, 2025 / 07:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, welcome to our 4Q and FY 2024 earnings conference call for Castro India Limited.

Please note that all participant lines will be in the listen-only mode and you can ask your questions after the opening statements.

If you need assistance during the call, please press 0 on your touchstone phone to reach the operator.

Also, please note that this conference call may contain certain forward-looking statements which are based on the beliefs, opinions and expectations of the company as on the date of this call.

These statements are not the guarantee of future performance and involve certain risks and uncertainties which are difficult to predict.

We have with us Mr. Kadar Lili,
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