long term buy - castrol

Castrol India

BSE: 500870    NSE: CASTROL  CMP: 559.00

Castrol (India) Limited manufactures and markets automotive and industrial lubricants and specialty products. The Company's products include lubricating oils, greases and brake fluids. The Company also manufactures cable filling compounds, jellies, waxes and other items. 
Castrol India is a good pick in large cap space. Its currently trading at a P/E of 27 with excellent dividend yields of 4.50% in the last 12 months. Revenues have grown from 1752 Crores to 2742 Crores in the last 5 years. Profits have grown from 149 Crores to 490 Crores aided by NPM growth. NPM has grown from 8% to 17% in the last 5 years which is pretty impressive. Its very bullish on the chart and is a good buy for long term.