Castrol India's Net Profit of Rs.205 Crore - Q3CY21
Castrol India's Net Profit of Rs.205 Crore - Q3CY20
Castrol India Limited is a part of Castrol Limited UK, which is a subsidiary of London based British Petroleum Company. The company is said to be the second largest manufacturer in the Lubricant Industry in India.
Castrol India, which has more than 70,000 retail outlets across India, was listed in the Bombay Stock Exchange in the year 1982. The Market Capitalization of this Company is around Rs.10,800 Crore. The Debt to Equity is Zero, it is virtually a debt free company.
The Interest Coverage Ratio (ICR) comes with 237 Times and the Dividend yield were at 5 Percent in the past fiscal. Promoter Holding was 51 Percent and there is no pledging of shares by the promoter side.
Recently, the company announced it's third quarterly results of the current calendar year 2020. The Revenue stood at Rs. 883 Crore and the expenses of RS.595 Crore at the end of September quarter. The Company's Net Profit is said to be Rs.205 Crore.
Compare to the previous quarter (Q2), the net profit grew by 68 Percent and 8 Percent as compared to the Previous year's Q3. For the Calendar year ending 2019, the company had a revenue of Rs.3,877 Crore and the net profit were stood at Rs.827 Crore.
The Sales growth has been 3 Percent over the past five years and 5 Percent over the 10 year period. The Profit growth has been 12 Percent over the past 5 years and 8 Percent over the Ten year period.
The Company reserves were stood at Rs.770 Crore in the Balance Sheet and the 3 years Free Cash Flow is more than Rs.600 Crore as per December 2019 report. Castrol India were declared an interim dividend of Rs. 2.50 per Share.
Kindly share your views / comments with a smile :)
www.richinvestingideas.com
Comments
Post a Comment