Suprajit Engineering Limited (NSE:SUPRAJIT) Just Released Its Third-Quarter Results And Analysts Are Updating Their Estimates

Shareholders might have noticed that Suprajit Engineering Limited (NSE:SUPRAJIT) filed its quarterly result this time last week. The early response was not positive, with shares down 4.9% to ₹384 in the past week. It was a credible result overall, with revenues of ₹7.2b and statutory earnings per share of ₹2.90 both in line with analyst estimates, showing that Suprajit Engineering is executing in line with expectations. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Suprajit Engineering

After the latest results, the eight analysts covering Suprajit Engineering are now predicting revenues of ₹32.7b in 2025. If met, this would reflect a solid 16% improvement in revenue compared to the last 12 months. Per-share earnings are expected to leap 66% to ₹17.89. In the lead-up to this report, the analysts had been modelling revenues of ₹33.8b and earnings per share (EPS) of ₹17.88 in 2025. The consensus seems maybe a little more pessimistic, trimming their revenue forecasts after the latest results even though there was no change to its EPS estimates.

The average price target was steady at ₹428even though revenue estimates declined; likely suggesting the analysts place a higher value on earnings. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. The most optimistic Suprajit Engineering analyst has a price target of ₹523 per share, while the most pessimistic values it at ₹391. 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. We can infer from the latest estimates that forecasts expect a continuation of Suprajit Engineering'shistorical trends, as the 13% annualised revenue growth to the end of 2025 is roughly in line with the 15% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 11% annually. So although Suprajit Engineering 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 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. Sadly, they also downgraded their revenue forecasts, but the business is still expected to grow at roughly the same rate as the industry itself. Still, earnings are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on Suprajit Engineering. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Suprajit Engineering going out to 2026, 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.