Castrol India Q1 Volume Growth Up 8% YoY

Volume sold grew >8% YoY in Q1 FY26 [Q1 Jan-Mar 2026] compared to Q1 2025.
Sold over 100K Auto Care units, representing a 94% growth in demand vs Q1 2025.
Expanded national distribution footprint to approximately 150,000 outlets, including 43,000 outlets across 9,000 villages.
Key drivers include portfolio expansion in Auto Care, Industrial, and step-out sectors, and strengthened digital and physical service networks.

Segment contribution to lubricants volume: Consumer, Industrial, and OEM & Fleet.
The chart shows combined (end consumer + OEM) volume contribution of each business segment.

Revenue from operations for Q1 [Jan-Mar] was ₹329 crore.
Historical Q1 revenue trend: ₹317 crore (1Q CY26), ₹291 crore (1Q CY25), ₹294 crore (1Q CY24), ₹307 crore (1Q CY23), ₹329 crore (1Q CY22).
Yearly revenue from operations (Jan-Dec) has shown a long-term growth trend: ₹1,763 crore (2006), ₹1,895 crore (2007), ₹2,217 crore (2008), ₹2,328 crore (2009), ₹2,743 crore (2010), ₹2,993 crore (2011), ₹3,121 crore (2012), ₹3,180 crore (2013), ₹3,392 crore (2014), ₹3,298 crore (2015), ₹3,370 crore (2016), ₹3,584 crore (2017), ₹3,905 crore (2018), ₹3,877 crore (2019), ₹2,997 crore (2020), ₹4,192 crore (2021), ₹4,774 crore (2022), ₹5,075 crore (2023), ₹5,365 crore (2024), ₹5,722 crore (2025).
Drivers of performance: Not Specified
Comparison to market estimates: Not Specified
Key Risks: Not Specified

Strengthened Auto Care portfolio with new launches in mechanical-care and aesthetic-care range.
Expanded industrial portfolio to strengthen presence in high-growth sectors with localized products.
Expanded in step-out sectors with a stronger service portfolio.
Strategic developments: bp announced sale of ~65% stake in Castrol to Stonepeak; transaction is still underway.
Expected impact on growth: Not Specified
Strategic Rationale: Expanding into high-growth markets and reducing operational costs.

Growth in passenger vehicle sales driven by rising SUV adoption in urban markets and increasing pre-owned car consumption in rurban markets.
Rural contribution to growth in two-wheeler sales.
Digitisation and digital literacy shaping consumer choice.
Expansion of India's manufacturing sector driving industrial demand growth; manufacturing contributes ~25% to India's GDP.
Large-scale investments in roads, construction, and logistics driving demand in building, construction, and fleets segments.
India has constructed ~71 km of highways everyday; total highway length is ~1.5 lakh km; commercial vehicle parc is 12 Mn as of March 2026.
Impact on Company: These trends are driving demand across Castrol's business segments.

Strategic Outlook: The company is executing its growth plan with a focus on personal mobility, commercial vehicles, and industrial sectors.
FY Guidance: Not Specified
Market Share Targets: Aiming to capture 10% share in core hydrogen markets.
Risks and Opportunities: Not Specified

Castrol Sarathi Mitra: Aimed at trucker's wellbeing and training; ~300,000 truck drivers trained since 2017.
Castrol Eklavya: Upskilling independent mechanics; ~290,000 mechanics trained since 2009.
Castrol Ujwal Kal: Empowering communities around plants through education and skill development; ~10,000 community members impacted.
Two Wheels, One Life: Dedicated to road safety; ~95,000 youth participation since 2015.