CASTROLIND / Q2-FY26 / claim-ledger

Audit the questions that mattered.

Castrol India · Analyst questions, management answers, and the quality of the response where the ledger is available.

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PositiveQ2-FY26 · 2025-10-28Back to quarter ↗

Questions audited

12

Answered directly

75%

Numeric claims

2

Consistency

consistent

Question ledger

What was answered, and how?

Hersh · Research desk

direct

Will new leadership change company direction?

Shobato Basu is a quality product of Castrol having spent 26 years... we did not change the direction of the company we simply brought alive what we had been seeing for a while... there's no change of strategy in the near or midterm.

Hersh · Research desk

evasive

Update on KMS investment performance?

We are maintaining the value of that investment as key mobility goes through its own expansion plan... it is allowing us to learn a lot... no change from what the blueprint of our investment was.

Hersh · Research desk

evasive

Revenues and profits from KMS?

It's a private company... the revenue that we get is from sale of lubricant into that network... that is a small part of our revenues and we don't identify that in our results as yet.

Dal Pop · Choice International

direct

How to prevent margin dilution from industrial lubricants?

Industrial lubricants will never make same money or margin as automotive... if automotive lubricant gross margin is 100 index then industrial will be less than 25-30... we will have to remain cautious, smart and balance.

Dal Pop · Choice International

partial

Strategy for EV penetration impact on lubricants?

If I were to do a broad CLTV analysis... it will be a comparable number. It won't be too way off. So as long as the organization is clear and committed... we should keep seeing a business that grows with time.

Nitin Tari · Philip Capital India

direct

Volume breakdown by segment?

This quarter specifically we have delivered 7% volume growth... personal mobility has grown at over 6% our CVO has grown at about 8% and industrial is in good double digits.

Nitin Tari · Philip Capital India

direct

Volume mix percentages?

Industrial and marine does about 13-14 odd percent, CVO does about 38-40% and our personal mobilities balance which is 48-50%.

Kiran Ma · Boda PNP Pariba Mutual Fund

partial

Stage of strategic review and data room access?

I'm committed to expressing any update that comes to me to the regulator and the market within 24 hours... we have been supplying data into a data room for potential investors... I do not participate in any of that transaction.

Kiran Ma · Boda PNP Pariba Mutual Fund

direct

Rural contribution and growth?

Close to 25% of our B2C volumes are now beginning to come from rural and growing in double digits.

Bipul Sha · Sumangal Investments

direct

Percentage of base oil imported vs domestic?

Today almost about 55 50 to 55% slightly more than half of our base oil comes as an import. The balance is all procured locally.

Bipul Sha · Sumangal Investments

direct

Volume in million liters for this quarter and prior?

This year's three quarters: 63 million liters in Q1, 66 in Q2 and 60 million liters in this quarter.

Mandar Pawar · Kotak Mahindra Asset Management Company

direct

Pricing actions and sustainability of COGS benefit?

Our cost per liter of lubricant has gone down by about 5%... this is intentional... this effort should continue even in the future.