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華爾街日報NBCC (India) Limited (NSE:NBCC) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
Shareholders might have noticed that NBCC (India) Limited (NSE:NBCC) filed its third-quarter result this time last week. The early response was not positive, with shares down 2.9% to ₹98.51 in the past week. It was a credible result overall, with revenues of ₹30b and statutory earnings per share of ₹2.00 both in line with analyst estimates, showing that NBCC (India) is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimate to see what could be in store for next year.
Following the latest results, NBCC (India)'s single analyst are now forecasting revenues of ₹152.9b in 2027. This would be a notable 16% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to ascend 11% to ₹2.70. Before this earnings report, the analyst had been forecasting revenues of ₹153.0b and earnings per share (EPS) of ₹3.10 in 2027. The analyst seem to have become more bearish following the latest results. While there were no changes to revenue forecasts, there was a real cut to EPS estimates.
View our latest analysis for NBCC (India)
It might be a surprise to learn that the consensus price target was broadly unchanged at ₹125, with the analyst clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation.
Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of NBCC (India)'shistorical trends, as the 13% annualised revenue growth to the end of 2027 is roughly in line with the 13% annual growth over the past five years. Juxtapose this against our data, which suggests that other companies (with analyst coverage) in the industry are forecast to see their revenues grow 14% per year. So although NBCC (India) is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.
The Bottom Line
The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ₹125, with the latest estimates not enough to have an impact on their price target.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for NBCC (India) going out as far as 2028, and you can see them free on our platform here.
We don't want to rain on the parade too much, but we did also find 1 warning sign for NBCC (India) that you need to be mindful of.
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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.