Investors in D. B. Corp Limited (NSE:DBCORP) had a good week, as its shares rose 2.3% to close at ₹250 following the release of its third-quarter results. D. B reported in line with analyst predictions, delivering revenues of ₹6.1b and statutory earnings per share of ₹20.81, suggesting the business is executing well and in line with its plan. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Taking into account the latest results, the current consensus from D. B's two analysts is for revenues of ₹25.1b in 2027. This would reflect a huge 126% increase on its revenue over the past 12 months. Earnings are expected to improve, with D. B forecast to report a statutory profit of ₹20.50 per share. Before this earnings report, the analysts had been forecasting revenues of ₹25.9b and earnings per share (EPS) of ₹23.26 in 2027. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates.
See our latest analysis for D. B
The analysts made no major changes to their price target of ₹289, suggesting the downgrades are not expected to have a long-term impact on D. B's valuation.
One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The analysts are definitely expecting D. B's growth to accelerate, with the forecast 92% annualised growth to the end of 2027 ranking favourably alongside historical growth of 6.2% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 11% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that D. B is expected to grow much faster than its industry.
The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for D. B. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. The consensus price target held steady at ₹289, with the latest estimates not enough to have an impact on their price targets.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for D. B going out as far as 2028, and you can see them free on our platform here.
Plus, you should also learn about the 1 warning sign we've spotted with D. B .
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.