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- NSEI:PRICOLLTD
Pricol Limited Recorded A 5.3% Miss On Revenue: Analysts Are Revisiting Their Models
Pricol Limited (NSE:PRICOLLTD) just released its latest quarterly report and things are not looking great. Pricol missed analyst forecasts, with revenues of ₹6.3b and statutory earnings per share (EPS) of ₹3.40, falling short by 5.3% and 2.9% respectively. This is an important time for investors, as they can track a company's performance in its report, look at what experts are 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 estimates to see what could be in store for next year.
View our latest analysis for Pricol
Taking into account the latest results, the consensus forecast from Pricol's twin analysts is for revenues of ₹35.1b in 2026. This reflects a sizeable 40% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 38% to ₹19.60. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹31.8b and earnings per share (EPS) of ₹19.55 in 2026. It seems sentiment has certainly become more bullish on revenues, even though they haven't changed their view on earnings per share.
Even though revenue forecasts increased, there was no change to the consensus price target of ₹590, suggesting the analysts are focused on earnings as the driver of value creation.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analysts are definitely expecting Pricol's growth to accelerate, with the forecast 31% annualised growth to the end of 2026 ranking favourably alongside historical growth of 14% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 10% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Pricol is expected to grow much faster than its 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. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at ₹590, 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. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.
Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.
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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.
About NSEI:PRICOLLTD
Pricol
Manufactures and sells instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets in India and internationally.
Exceptional growth potential with flawless balance sheet.