Castrol India Ltd

Presentation update

• Updated investor presentation available on Castrol India's investor webpage.

MD Appointment

• Ordinary Resolution: Appoint Mr. Saugata Basuray as MD for 5 years from 1 June 2026.
• Outcome: 99.7455% in favour; 0.2545% against; shares polled 70,23,43,433.
• Record date for eligibility: 17 July 2026.

Financial Performance

• 2Q FY26 revenue INR 1,871 cr, up 25% YoY, 21% sequential.
• 2Q FY26 EBITDA INR 494 cr, up 41% YoY, 41% sequential.
• 2Q FY26 PAT INR 348 cr, up 43% YoY, 44% sequential.
• 1H FY26 revenue INR 3,417 cr, up 17% YoY.
• 1H FY26 EBITDA INR 823 cr, up 25%.
• 1H FY26 PAT INR 590 cr, up 24%.
• EBITDA margin approximately 26% in Q2; 24% in 1H.
• Interim dividend INR 6.25 per share, payable by 2 Sep 2026.
• Cost inflation expected to be more visible in Q3.

Growth and Market Reach

• Broad-based growth across consumer, industrial, and institutional segments.
• Power brand grew ahead, aiding premiumization.
• National footprint ~160,000 outlets; auto care in 40,000 outlets.
• 34,000 motorcycle workshops and 16,000 car workshops supported growth.
• CAS network now 850; rural service express 950 outlets.
• Rural business growing in double digits.
• Activ Synthetic range launched; GTX 5W-30 and GTX 0W-20.
• Activ Fully Synthetic campaign reached over 150 million consumers; POWER1 with 10,000 bikers.
• Data-centre cooling trials ongoing; not material currently.

Operations and Sustainability

• Paharpur plant 9 years without significant incident; Silvassa 3 years.
• Silvassa NAMC Gold Award; Castrol India Special Jury Award for sustainable procurement.
• EV fluids development progressing with OEMs; IC engines remain dominant.
• Industrial portfolio localization with Alusol SL 61 XBB coolant.

Capital Allocation and Dividends

• Interim dividend declared: INR 6.25 per share, payable by 2 Sep 2026.
• Dividend policy on website; historically interim plus final; yields around 5%.
• Open offer timeline uncertain; BP divesting 65% stake; Stonepeak leading.
• Inventory costs delayed into P&L; some flow to Q3; lean inventory profile.
• Capex guidance around INR 100 cr per year; split between manufacturing and market visibility.
• Industrial business ~15% of overall; B2B and B2C mix broadly maintained.

Q&A Highlights

• Open offer timing not fixed; formal notification after closure.
• Silvassa plant flood; operations back to peak levels; no lasting impact.
• Two price hikes offset RM costs; further actions possible if volatility persists.
• Data-centre cooling not material; trials ongoing; OEM-led adoption.
• Ki Mobility OCI revaluation: INR 66 cr; not a loss.
• Domestic sourcing ~55%, international ~45%; mix may vary.

Meeting Details

• Date: 5 August 2026; 12:15 p.m. IST to 1:00 p.m. IST.
• Type: post-earnings call with analysts/investors.
• Mode: not specified.

Participants

• Participants: Company management (roles not specified).

Purpose

• Purpose: Discuss unaudited results for quarter and half year ended 30 June 2026.

Availability

• Recording is available on the company's website under INVESTOR CALL DETAILS – 2026 – 2Q FY 2026.

Meeting Details

• The meeting date and time are 5 August 2026, 12:15 p.m. IST to 1:00 p.m. IST.
• The meeting is a virtual post-earnings conference call.
• Organiser is Castrol India Limited.
• Purpose is to discuss unaudited 2Q FY2026 results with analysts.

Participants

• Key company participants: Managing Director; Chief Financial Officer and Whole-time Director.

Purpose

• Post-earnings discussion on Q2 FY2026 unaudited results.

Additional Notes

• Presentation will be available on Castrol India Limited's website and notified to exchanges.

Meeting Details

• Board meeting scheduled for Tuesday, 4 August 2026.

Key Agenda Items

• Unaudited financial results for the quarter and half year ended 30 June 2026.
• Declaration of interim dividend for FY 2026, if any.

Other Notes

• Trading window for unaudited results remains closed 30 June 2026 to 6 August 2026.

Dematerialisation processing and listing

• Dematerialisation requests processed and confirmed to depositories during the reporting period; securities listed on stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the records within prescribed timelines.

Key Update

• Tata Motors and Castrol India sign an MoU to pilot used oil circularity in Karnataka.
• Pilot establishes a traceable system for collecting, storing, and channelising used engine oil.
• Tata Motors' authorised service network will act as structured collection points in Karnataka.
• Castrol India will anchor channelisation to registered recyclers, ensuring quality and recycling traceability.
• This collaboration aligns with Tata Motors' sustainability agenda and Castrol India's recycled-material strategy.
• Castrol's leadership notes first OEM collaboration in building a circular used-oil ecosystem.
• Pilot collects used oil at Tata's service touchpoints; Castrol guides recycling.