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Sandhar Technologies Limited Beat Revenue Forecasts By 11%: Here's What Analysts Are Forecasting Next
Investors in Sandhar Technologies Limited (NSE:SANDHAR) had a good week, as its shares rose 7.4% to close at ₹479 following the release of its second-quarter results. It was a mildly positive result, with revenues exceeding expectations at ₹16b, while statutory earnings per share (EPS) of ₹33.00 were in line with analyst forecasts. 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've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.
Taking into account the latest results, the current consensus from Sandhar Technologies' dual analysts is for revenues of ₹58.8b in 2027. This would reflect a reasonable 7.9% increase on its revenue over the past 12 months. Statutory earnings per share are expected to reduce 3.4% to ₹30.60 in the same period. Before this earnings report, the analysts had been forecasting revenues of ₹56.3b and earnings per share (EPS) of ₹30.60 in 2027. There doesn't appear to have been a major change in sentiment following the results, other than the slight bump in revenue estimates.
See our latest analysis for Sandhar Technologies
It may not be a surprise to see thatthe analysts have reconfirmed their price target of ₹896, implying that the uplift in revenue is not expected to greatly contribute to Sandhar Technologies's valuation in the near term.
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. We can infer from the latest estimates that forecasts expect a continuation of Sandhar Technologies'historical trends, as the 16% annualised revenue growth to the end of 2027 is roughly in line with the 17% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 12% annually. So although Sandhar Technologies is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. The consensus price target held steady at ₹896, with the latest estimates not enough to have an impact on their price targets.
With that in mind, we wouldn't be too quick to come to a conclusion on Sandhar Technologies. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Sandhar Technologies going out as far as 2029, and you can see them free on our platform here.
However, before you get too enthused, we've discovered 2 warning signs for Sandhar Technologies that you should be aware of.
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