Revenue Beat: Pricol Limited Exceeded Revenue Forecasts By 5.7% And Analysts Are Updating Their Estimates

Shareholders might have noticed that Pricol Limited (NSE:PRICOLLTD) filed its annual result this time last week. The early response was not positive, with shares down 3.8% to ₹439 in the past week. It was a pretty mixed result, with revenues beating expectations to hit ₹27b. Statutory earnings fell 2.8% short of analyst forecasts, reaching ₹13.70 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the most recent consensus for Pricol from two analysts is for revenues of ₹37.5b in 2026. If met, it would imply a substantial 38% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 41% to ₹19.30. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹34.7b and earnings per share (EPS) of ₹18.95 in 2026. So it looks like there's been no major change in sentiment following the latest results, although the analysts have made a modest lift to to revenue forecasts.

View our latest analysis for Pricol

It may not be a surprise to see thatthe analysts have reconfirmed their price target of ₹578, implying that the uplift in revenue is not expected to greatly contribute to Pricol's valuation in the near term.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The analysts are definitely expecting Pricol's growth to accelerate, with the forecast 38% 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 8.8% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Pricol 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 ₹578, 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 Pricol. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Pricol going out as far as 2027, and you can see them free on our platform here.

You can also see whether Pricol is carrying too much debt, and whether its balance sheet is healthy, for free 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.