Suprajit Engineering Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Suprajit Engineering Limited (NSE:SUPRAJIT) just released its quarterly report and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 3.9% to hit ₹9.4b. Statutory earnings per share (EPS) came in at ₹3.71, some 9.1% above whatthe analysts had expected. 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.

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Taking into account the latest results, the current consensus from Suprajit Engineering's nine analysts is for revenues of ₹37.7b in 2026. This would reflect a modest 5.8% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 28% to ₹14.85. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹37.4b and earnings per share (EPS) of ₹15.01 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

View our latest analysis for Suprajit Engineering

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹496. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic Suprajit Engineering analyst has a price target of ₹570 per share, while the most pessimistic values it at ₹416. 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.

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 would highlight that Suprajit Engineering's revenue growth is expected to slow, with the forecast 12% annualised growth rate until the end of 2026 being well below the historical 17% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 9.3% annually. Even after the forecast slowdown in growth, it seems obvious that Suprajit Engineering is also expected to grow faster than the wider industry.

The Bottom Line

The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ₹496, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for Suprajit Engineering going out to 2028, and you can see them free on our platform here..

You can also see whether Suprajit Engineering 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.