Competent Automobiles reported a net profit of ₹22.72 crore for the financial year ended March 31, 2026, a slight increase from ₹22.56 crore in the previous year. Revenue from operations rose to ₹223.91 crore from ₹213.12 crore in FY25. The Board of Directors has recommended a final dividend of ₹1 per equity share, subject to shareholder approval.

For the quarter ended March 31, 2026, the company recorded a net profit of ₹8.39 crore on revenue from operations of ₹55.70 crore. The statutory auditors, Dinesh Mehta & Co., issued an unmodified opinion on the standalone and consolidated financial results. The financial statements were prepared in compliance with the Indian Accounting Standards (Ind AS) and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s total revenue for FY26 stood at ₹225.07 crore, up from ₹214.05 crore in the previous year. Total expenses for the year increased to ₹221.63 crore from ₹210.92 crore. Profit before tax for the year was ₹31.32 crore, compared to ₹31.26 crore in FY25.

Segment Performance

Revenue from the Showroom segment was ₹208.06 crore for FY26, while the Service & Spares segment contributed ₹15.85 crore. The company reported exceptional items amounting to ₹3.06 crore for the year, primarily due to the impact of new Labour Codes and losses from adverse weather events at its Bahadurgarh and Una operations.

Dividend Declaration

The Board recommended a final dividend of 10%, or ₹1 per equity share of ₹10 each, for FY26. This dividend is subject to the approval of members at the ensuing Annual General Meeting.

Competent Automobiles Co. Ltd. has announced that its Board of Directors will meet on Saturday, May 30, 2026. The primary agenda of the meeting is to consider and approve the audited financial results for the fourth quarter and the financial year ended March 31, 2026. The board will also deliberate on the audited financial statements for the same period.

Agenda for the Meeting

The board meeting will focus on key financial approvals and recommendations. The specific business to be transacted includes the approval of standalone and consolidated financial results. Furthermore, the directors will consider recommending a dividend for the financial year ended March 31, 2026, subject to the board's decision.

Trading Window Closure

In compliance with regulatory requirements, the company has informed that the trading window for dealing in the company's securities is currently closed. This closure affects designated persons, their immediate relatives, and connected persons covered under the Company's Code of Conduct to Regulate, Monitor and Report Trading by Insiders.

The trading window closed on April 1, 2026, and will remain shut until the end of 48 hours after the financial results are made public on May 30, 2026. This measure is intended to prevent insider trading during the period leading up to the announcement of financial results.

The meeting intimation was addressed to the Manager (Listing) at BSE Limited, confirming the regulatory compliance regarding the disclosure of the board meeting under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.