Suprajit Engineering Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Suprajit Engineering Limited (NSE:SUPRAJIT) just released its latest full-year results and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 2.6% to hit ₹30b. Statutory earnings per share (EPS) came in at ₹12.06, some 5.6% above whatthe analysts had expected. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Check out our latest analysis for Suprajit Engineering

Following the latest results, Suprajit Engineering's ten analysts are now forecasting revenues of ₹32.9b in 2025. This would be a decent 11% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 45% to ₹17.55. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹32.7b and earnings per share (EPS) of ₹16.90 in 2025. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

The analysts have been lifting their price targets on the back of the earnings upgrade, with the consensus price target rising 5.1% to ₹467. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Suprajit Engineering at ₹541 per share, while the most bearish prices it at ₹390. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Suprajit Engineering shareholders.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Suprajit Engineering's past performance and to peers in the same industry. It's pretty clear that there is an expectation that Suprajit Engineering's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 11% growth on an annualised basis. This is compared to a historical growth rate of 16% over the past five years. Compare this to the 127 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 9.7% per year. So it's pretty clear that, while Suprajit Engineering's revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Suprajit Engineering following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Suprajit Engineering going out to 2027, and you can see them free on our platform here..

We also provide an overview of the Suprajit Engineering Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, 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.