NSE: COMPEAU · BSE: 531041
COMPETENT AUTOMOB CO. L
Sells new Maruti Suzuki passenger vehicles and provides authorised servicing and spare parts as an authorised dealership group based in New Delhi, with operations also in Bahadurgarh, Una (Himachal Pradesh), and a wholly-owned subsidiary Competent Kashmir Automobiles Private Limited. The business operates in two clearly identified segments: Showroom (new vehicle sales) which generated Rs 577.67 crore in revenue with Rs 13.99 crore in EBIT for FY26, and Service & Spares which generated Rs 42.28 crore in revenue with Rs 2.90 crore in EBIT, with the service line running at meaningfully higher margins than vehicle sales. A True Value used-car division also exists under the executive director's oversight. On a consolidated basis, FY26 revenue was Rs 2,433.6 crore, up 13.78% year-on-year, though consolidated net profit fell 4.35% to Rs 20.56 crore because of higher expenses at the subsidiary level. The largest disclosed cost line is employee cost at 4.4% of revenue, followed by other operating expenses at 2.8% and depreciation at 1.4%; cost of vehicles purchased from the manufacturer is not separately broken out in the facts. The Board recommended a dividend of Re. 1 per share (10%) for FY26. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Showroom (new Maruti Suzuki vehicle sales), Service & Spares, True Value (used cars). Asset-light automotive retail dealership with thin margins, exposed to vehicle demand cycles and OEM pricing actions.
Exhibit 1: Financial summary, FY24–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | 2,117 | 2,139 | 2,434 |
| EBITDA (ex other income) | 78 | 81 | 86 |
| margin % | 3.7 | 3.8 | 3.5 |
| Owners' profit | 28 | 0 | 0 |
| EPS, as reported (₹) | 45.66 | 34.98 | 38.59 |
| ROE % · ROCE % | 8.0 · 15.0 | 5.9 · 13.5 | 5.3 · 12.8 |
| Debt / equity (x) | 0.77 | 0.89 | 0.84 |
| Cash from operations | (18) | 54 | 80 |
| Capex | (72) | (49) | (22) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 473 | 455 | 695 | 516 | 445 | 535 | 834 | 620 |
| Profit before tax | 7 | 5 | 7 | 11 | 3 | 1 | 12 | 12 |
| Net profit | 6 | 4 | 5 | 7 | 3 | 2 | 8 | 9 |
| EPS (₹) | 9.38 | 5.91 | 7.66 | 12.04 | 4.36 | 2.46 | 12.56 | 19.21 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Showroom | 2,271 | 93.3 |
| Service | 42 | 1.7 |
| Service & Spares | 120 | 4.9 |
| Total, before eliminations | 2,434 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| COMPETENT AUTOMOB CO. L ◆ | 228 | 9.4 | 0.59 | 5.3 | 5.3 | 5.9 | — | 4.5 |
| Resourceful Automobile Limited | 14 | 5.0 | — | — | — | 6.6 | — | — |
| Naksh Precious Metals Limited | 5 | — | 0.75 | — | (6.1) | (8.8) | (24.1) | (236.0) |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 9.4 | 28.0 | 2 of 16 | 93% |
| P/B | 0.6 | 4.9 | 1 of 17 | 100% |
| ROCE | 5.9 | 10.9 | 13 of 20 | 37% |
| ROE | 5.3 | 14.6 | 12 of 17 | 31% |
| Debt / Equity | 0.8 | 0.6 | 12 of 17 | 31% |
| EBITDA margin | 4.5 | 10.9 | 13 of 17 | 25% |
| Revenue growth | 20.1 | 29.7 | 11 of 16 | 33% |
| Profit growth | 16.9 | 16.9 | 9 of 17 | 50% |
| Market cap | 228 | 16718 | 17 of 21 | 20% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 6 Oct 2026 · Routine Compliance Certificate for Share Dematerialization | compliance | minimal | — | — |
| 26 Sept 2026 · Trading window closed from Oct 1 for Q2 results | compliance | minimal | — | — |
| 21 Sept 2026 · 41st AGM: All 5 resolutions pass; 10% dividend declared | board shareholder meetings | low | — | — |
| 18 Sept 2026 · Competent Automobiles 41st AGM: Rs 2,250 Cr revenue, Rs 1 per share dividend | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Notice of 41st AGM and Annual Report web link for FY 2025-26 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · 41st AGM notice published - meeting on 18 Sep 2026 via video conferencing | compliance | minimal | — | — |
| 25 Aug 2026 · Record date 11 Sep 2026 fixed for 41st AGM voting and final dividend | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Book Closure for 41st AGM: Sep 12-18, 2026 | board shareholder meetings | low | — | — |
| 25 Aug 2026 · 41st AGM notice and Annual Report for FY 2025-26 submitted | board shareholder meetings | low | — | — |
| 25 Aug 2026 · Notice of 41st AGM on 18 Sept 2026 via VC/OAVM; new WTD appointed | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.