Castrol India

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Castrol India
Type Public
Traded as BSE: 500870
NSE: CASTROL
Industry Oil and Gas
Founded 1910
Headquarters Mumbai, Maharashtra, India
Key people Mr. Naveen Kshatriya
(Chairman & MD) [1]
Products Oil
Petroleum
Petrochemical
Lubricant
Revenue 7px2,354.30 crore (US$525.01 million) [2]
Website www.castrol.com

Castrol India (BSE: 500870NSE: CASTROL) 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 22% market share in the overall Indian lubricant market.[3] Its 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.[4]

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.[5] In was listed on 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

  • Industrial - Castrol metalworking fluids, cleaners, corrosion preventives and lubricants.
  • Oils - Cylinder oils-crosshead, crancase 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

Reference

  1. ↑ "Castrol India". Business.mapsofindia.com. 2006-03-31. http://business.mapsofindia.com/india-company/c/castrol-india.html. Retrieved 2010-12-22.
  2. ↑ "BSE Plus". Bseindia.com. http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500870. Retrieved 2010-12-22.
  3. ↑ "HDFC Securities". Hdfcsec.com. http://www.hdfcsec.com/Market/Information.aspx?CoCode=292&RptType=History. Retrieved 2010-12-22.
  4. ↑ "Castrol India - Castrol India". Castrol.com. http://www.castrol.com/castrol/sectiongenericarticle.do?categoryId=8278011&contentId=6005704. Retrieved 2010-12-22.
  5. ↑ "HDFC Securities". Hdfcsec.com. http://www.hdfcsec.com/Market/Information.aspx?CoCode=292&RptType=History. Retrieved 2010-12-22.

External links


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