India is a large consumer of lubricants and is the world’s third-largest lubricant market. Oil and companies are one of the most important factors that drive the growth of the nation.
India has many well-known companies that play a major role in producing the engine oil, grease, motor oil, industrial oil and lubricants. We have listed down a few of the popular names of lubricant companies in India
Indian Oil Corporation Limited
Indian Oil is an Indian government corporation, launched in 1959 and its headquartered in New Delhi, India. Indian Oil is one of the biggest oil producing companies of India. The products of the company are Diesel, LPG, Petrol, Turbine oil, lubricants and additional products. Indian Oil Corporation Limited has 16 directors – Sudipta Kumar Ray, Navneet Mohan Kothari, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 77.31 % |
| Networth | 17.84 % |
| Debt/Equity Ratio | 0.87 |
| Return on Equity | 19.76 % |
[[L23201MH1959GOI011388]]
Bharat Petroleum Corporation Limited
The company was incorporated in 1952 and its headquarters is located in Mumbai, Maharashtra. It is classified as a Government of India company, has 5 plants in India. This company is retained by the government of India. The company’s main products are lubricants, oils for gears, engine and grease. The company manufactured high value lubricants for Industrial and marine sector too. Bharat Petroleum Corporation Limited has ten directors – Pradeep Vishambhar Agrawal, Gopal Krishan Agarwal, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 158.02 % |
| Networth | 64.22 % |
| Debt/Equity Ratio | 0.53 |
| Return on Equity | 34.91 % |
[[L23220MH1952GOI008931]]
Castrol India Limited
Castrol India Ltd. is privately held company started its journey in year 1979 by importing lubricants from C. C. Wakefield & Company. The company is one of the promising lubricant manufacturing companies in India. The Offerings of the companies are corrosion preventives, cleaners, trunk piston engine oils, hydraulic oils, gear oils, turbine oils, refrigeration oils, heat transfer oils, and greases. Castrol India Limited has ten directors – Ramabadran Gopalakrishnan, Sangeeta Talwar, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -29.40 % |
| Networth | 3.46 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 41.22 % |
[[L23200MH1979PLC021359]]
Gulf Oil Lubricants India Limited
GOLIL is a part of the Hinduja Group, one of India’s fastest growing & well-diversified lubricant companies in India, established in 2008. The company is popularly known as GULF. This company produced engine oil for nearly all automobiles, and other products are hydraulic oils, marine oil, diesel engine oils, stationary gas turbine oil, transformer oil and greases, turbines, gears, rust preventives etc. Gulf Oil Lubricants India Limited has six directors – Arvind Uppal, Munesh Narinder Khanna, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 20.08 % |
| Networth | 25.53 % |
| Debt/Equity Ratio | 0.48 |
| Return on Equity | 30.30 % |
[[L23203MH2008PLC267060]]
Tide Water Oil Co (I) Limited
Tide Water Oil Co (I) Limited is a listed public company, it is one of the top lubricant manufacturers in India since 1921. It is a joint venture company of JX Nippon Oil & Energy Corporation (JX-NOE). The products of the company are engine oils, gear oil, transmission oils, coolants, lubricants, heat transfer oils, and greases. Tide Water Oil Co India Ltd has ten directors – Praveen Purushottam Kadle, Bharathi Sivaswami Sihag, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 4.21 % |
| Networth | 4.63 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 16.68 % |
[[L23209WB1921PLC004357]]
Shell India Markets Private Limited
Shell is another daunting name in field of lubricant manufacturers in India. The company is London based and it was established in year 2004 in India. The company offers greases, compressor oils, gear oil, transmission oils, lubricants, aviation lubricants, industrial and construction hydraulic fluids, etc. Shell India Markets Private Limited has four directors – Sanjay Samuel Varkey, Nitin Prasad, and others.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 165.07 % |
| Networth | 22.45 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 5.72 % |
[[U23201TN2004PTC053147]]
