About Castrol India Limited

 

Castrol India Limited was incorporated in 1979 and is a public company listed on BSE and NSE. It is principally engaged in manufacturing and marketing automotive and industrial lubricants and related services, with its registered office in Mumbai and operations across India’s 28 states and 8 union territories. The Company is a subsidiary of Castrol Limited, U.K., with BP PLC as the ultimate holding company.

 

Castrol India operates three manufacturing plants at Silvassa (Union Territory), Patalganga, Maharashtra, and Paharpur, West Bengal, and has offices in Mumbai, Delhi, Kolkata, and Chennai. Its nationwide footprint includes 400+ distributors serving about 1,43,000 outlets in urban and semi-urban India and a growing rural network, alongside 600+ Castrol Auto Service workshops across 220+ locations. The Company caters to 12 industries through 45 brands and ~600 brand variants, spanning cars, motorcycles, commercial vehicles, specialties, EV fluids and auto care. As per the Corporate Governance Report, the Company has no subsidiary (number of subsidiaries: 0).

 

Key milestones have included expanding service formats and distribution reach, commissioning new packaging lines, and maintaining certifications that underpin quality and reliability at its facilities.

 

Castrol India Limited Key Management

 

• Rakesh Makhija – Chairman

 

• Kedar Lele – Managing Director

 

• Deepesh Baxi – Chief Financial Officer & Whole time Director

 

• Saugata Basuray – Wholetime Director

 

• Hemangi Ghag – Company Secretary

Latest Updates on Castrol India Limited

 

• Product launches: The Company unveiled an enhanced Castrol EDGE range for passenger cars, featuring PowerBoost Technology to deliver 30% improved performance; the national campaign with brand ambassador Shah Rukh Khan premiered on June 9, 2024, during the India–Pakistan T20 match. In commercial mobility, Castrol launched CRB TURBOMAX + CK4 nationwide, tested for 1,00,000 km on leading OEM vehicles, and upgraded CRB PLUS 15W40 to deliver 1,000 hours of protection for tractor engines; CRB ESSENTIAL was rolled out for cost-effective protection, especially in rural markets.

 

• Channel expansion: Castrol Auto Service scaled to 600+ workshops across 220+ towns; the auto care range, introduced in 2023, expanded further in 2024 and is now available at nearly 60,000 outlets nationwide. The Company continued to deepen rural reach through 36,000+ retail outlets supported by 850+ sub-distributors.

 

• Strategic partnerships and availability: The alliance with Jio‑bp continued to broaden on‑highway availability of Castrol products across the network.

 

• Operations and manufacturing: New state-of-the-art packaging/filling lines were commissioned; plants maintained ISO 9001:2015 and IATF 16949:2016 recertifications, while Silvassa retained Ford Q1 and received GOTS certification.

 

• Client solutions: A dedicated lube room was set up at GR Infraprojects to optimise storage, reduce wastage and streamline maintenance for a 5,000+ machine fleet.

 

• Leadership changes: Rakesh Makhija was appointed Chairperson from October 1, 2024; Kedar Lele took charge as Managing Director from November 1, 2024.

 

• Recognitions: The Company reported 61 marketing awards in 2024 across India, Asia Pacific and global forums; safety recognitions included the Maharashtra Safety Awards and OHSSAI Foundation Safety Excellence Award for the Patalganga Plant.