India is the 6th largest lubricant market in the world. Automobile accounts for most of the lubricant sales.
Buying IOCL, HPCL, BPCL, etc would not make much sense if you like the lubricants as the lubricants are a small part of their sales.
Andre Yule and company holds 26% stake in Tide water, thus you can indirectly hold Tide water by buying Andrew Yule.
Both Castrol and Tide Water are debt free companies. Castrol is the leader and so enjoys a valuation of 26 times with a dividend yield of 4.62%. Tide water is available at 10 times with a dividend yield of 0.79%.
| Lube | Notes |
| Castrol | Largest market share, owned by Castrol UK (subsidiary of BP) |
| Servo | Owned by IOCL. |
| MAK | BP’s lube marketing in Indian sub continent and middle east |
| Veedol | Owned by tide water |
| HP lube | Owned by HP, brands like Lal Ghoda and Milcy |
| Esso | Owned by Exxon Mobil USA |
| Penzoil | Owned by Shell |
| Gulf | Owned by Gulf oil India (Hinduja group) |
Buying IOCL, HPCL, BPCL, etc would not make much sense if you like the lubricants as the lubricants are a small part of their sales.
Andre Yule and company holds 26% stake in Tide water, thus you can indirectly hold Tide water by buying Andrew Yule.
Last Price | Market Cap. (Rs. cr.) | Sales Turnover | Net Profit | Total Assets | |
| Castrol | 542.90 | 13,424.86 | 2,742.90 | 490.30 | 495.00 |
| Tide Water Oil | 7,616.80 | 663.58 | 695.91 | 64.16 | 261.57 |
Both Castrol and Tide Water are debt free companies. Castrol is the leader and so enjoys a valuation of 26 times with a dividend yield of 4.62%. Tide water is available at 10 times with a dividend yield of 0.79%.
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