Competent Automobiles revenue up 5% in FY26; PAT rises to ₹22.72 crore

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Reviewed by
Jubin VScanX News Team
Key Highlights
  • Revenue grew 5.15% YoY to ₹2,250 crore in FY26
  • Profit after tax rose marginally to ₹22.72 crore from ₹22.56 crore
  • Board recommends ₹1 per share final dividend (10%)
  • Mrs. Nisha Mehta appointed as Whole Time Director for five years
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Competent Automobiles reported a modest top-line expansion for FY26, with revenue rising 5.15% to ₹2,250 crore from ₹2,140 crore in the previous year.

The company held its 41st Annual General Meeting on September 18, 2026, via video conferencing. Shareholders approved the audited standalone and consolidated financial statements for the year ended March 31, 2026.

Financial Performance

The firm recorded a profit before tax of ₹31.32 crore, a marginal increase from ₹31.26 crore in FY25. Profit after tax stood at ₹22.72 crore, compared to ₹22.56 crore in the prior year.

Metric FY26 FY25 Change
Revenue ₹2,250 crore ₹2,140 crore +5.15%
Profit Before Tax ₹31.32 crore ₹31.26 crore +0.19%
Profit After Tax ₹22.72 crore ₹22.56 crore +0.71%

Dividend and Governance

The board recommended a final dividend of ₹1 per equity share of face value ₹10 each, representing a 10% payout. Members also approved the re-appointment of Mrs. Kavita Ahuja as a director retiring by rotation.

Additionally, shareholders appointed Mrs. Nisha Mehta as a Whole Time Director effective August 14, 2026, for a five-year term. The statutory auditors issued an unqualified report with no adverse remarks on financial transactions.

Historical Stock Returns for Competent Automobiles

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+1.39%+3.96%+3.96%+3.96%+3.96%

How will the appointment of Nisha Mehta as Whole Time Director influence Competent Automobiles' strategic roadmap and operational efficiency over the next five years?

Given the minimal growth in profit margins despite a 5.15% revenue increase, what cost-optimization strategies is management planning to implement to improve bottom-line performance in FY27?

What specific market segments or product lines are expected to drive the next phase of top-line expansion for Competent Automobiles beyond the current modest growth trajectory?

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Competent Automobiles to hold 41st AGM on September 18, 2026

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Competent Automobiles to hold 41st AGM on September 18, 2026 via video conference
  • Physical notices dispatched to shareholders without registered email addresses
  • KYC updates mandatory for physical holders to receive dividends electronically
  • Annual report and AGM notice available on company website
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*this image is generated using AI for illustrative purposes only.

Competent Automobiles will hold its 41st Annual General Meeting on September 18, 2026. The event is scheduled for 11:00 am and will be conducted through video conferencing or other audio-visual means.

The company issued a letter to shareholders who have not registered email addresses with the company, its registrar, or depository participants. This dispatch complies with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

Shareholders can access the annual report for FY26 and the AGM notice via the company website. The cut-off date for updating email addresses to receive electronic communications is September 11, 2026.

Document Web Link
AGM Notice https://competent-maruti.com/amg_notice
Annual Report https://competent-maruti.com/annual_reports

Regulatory Compliance

The notice serves as a reminder for physical security holders to update their KYC details as per SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. Shareholders must provide PAN, address with PIN code, mobile number, bank account details, specimen signature, and nomination choice.

Dividends for folios lacking updated KYC details will be paid only through electronic mode effective April 1, 2024. The company urges shareholders to dematerialise physical securities and register email addresses to facilitate online services.

Queries regarding the process should be directed to the Company Secretary at cs@competent-maruti.com . Shareholders are requested to quote their Folio Number or DP ID-Client ID in all communications.

Historical Stock Returns for Competent Automobiles

1 Day5 Days1 Month6 Months1 Year5 Years
+1.39%+1.39%+3.96%+3.96%+3.96%+3.96%

How might the shift to fully digital AGM participation influence shareholder engagement levels and voting turnout for Competent Automobiles?

What impact could the strict KYC compliance deadlines have on dividend distribution efficiency and administrative costs for the company?

Are there indications in the FY26 annual report that suggest a strategic pivot or significant operational changes ahead of the 2026 AGM?

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1 Year Returns:+3.96%