Castrol India

Castrol India Interest Coverage

The Interest Coverage Ratio of Castrol India (CASTROLIND.NS) as of Oct 18, 2026 is 27.03. In the previous year, Interest Coverage Ratio was 29.68 — a change of -8.93% (lower).

Interest Coverage

27.03

YoY

-8.93%

Last updated:

Interest Coverage Ratio of Castrol India is 2024 27.03 . Interest Coverage Ratio of Castrol India was 2023 29.68 . It decreases by -8.93% lower compared to the previous year.

The Castrol India Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
25.66 INR
Jan 1, 2018
29.19 INR
Jan 1, 2019
35.19 INR
Jan 1, 2020
25.45 INR
Jan 1, 2021
55.24 INR
Jan 1, 2022
32.73 INR
Jan 1, 2023
29.68 INR
Jan 1, 2024
27.03 INR
The Castrol India Interest Coverage history
YEARInterest CoverageYoY
27.03-8.93%
29.68-9.35%
32.73-40.74%
55.24+117.07%
25.45-27.68%
35.19+20.55%
29.19+13.77%
25.66+13.96%
22.51-18.54%
27.64-13.35%
31.90—

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Castrol India Stock analysis

What does Castrol India do? Castrol India Ltd is a leading provider of lubricants in India and is headquartered in Mumbai. The company was founded in 1910 and has been listed on the Bombay Stock Exchange since 1983. Castrol India Ltd is a joint venture between the BP Group and Indian Oil Corporation, the largest company in India for the refining, processing, and distribution of oil products. The company has been involved in the development and manufacturing of lubricants for many years and has developed a wide range of products for various applications including automobiles, motorcycles, industrial machinery, and marine applications. The business model of Castrol India Ltd focuses on the needs of customers and enables the company to gain competitive advantages. Castrol India Ltd relies on close collaboration with various automobile and machinery manufacturers. Through these strategic partnerships, the company can access the latest technological developments and optimize its products accordingly to ensure better performance for customers. Castrol India Ltd offers a variety of lubricants for various applications. The product range includes motor oils for cars, motorcycles, and commercial vehicles, gearbox oils, hydraulic oils, industrial lubricants, lubricants for marine operations, and specialty oils for various applications. Castrol's products are sold in all regions of India and are available in various sizes, from individual packages to large containers for industrial applications. The company operates in three segments: automotive, industrial, and marine. Castrol India Ltd's automotive segment includes lubricants for cars, light commercial vehicles, motorcycles, and heavy vehicles. The industrial segment offers lubricants for machinery, hydraulic systems, gearboxes, and compressors for various industries such as mining, construction, energy, and transportation. Castrol India Ltd's marine segment offers lubricants for marine applications. These products are specifically developed for the maintenance of marine ship engines and offer excellent performance and reliability. Overall, Castrol India Ltd has established itself as a reliable provider of lubricants in the Indian market. The company is committed to understanding the needs of its customers and developing high-quality lubricants for various applications. With its long-standing industry experience and strong focus on innovation and technology, Castrol India Ltd is well positioned to continue to be successful in the future. Castrol India is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Castrol India stock

Interest Coverage Ratio of Castrol India is 27.03 in 2024.

Interest Coverage Ratio of Castrol India changed from 29.68 to 27.03, representing a -8.93% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Castrol India since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Castrol India with sector peers and the industry average to assess whether it is attractive.

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Leverage — Castrol India

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