This Just In: Analysts Are Boosting Their Graphite India Limited (NSE:GRAPHITE) Outlook for This Year

Graphite India Limited (NSE:GRAPHITE) shareholders will have a reason to smile today, with the analysts making substantial upgrades to this year's forecasts. Consensus estimates suggest investors could expect greatly increased statutory revenues and earnings per share, with analysts modelling a real improvement in business performance.

After this upgrade, Graphite India's two analysts are now forecasting revenues of ₹33b in 2025. This would be a solid 13% improvement in sales compared to the last 12 months. Statutory earnings per share are supposed to plunge 36% to ₹35.30 in the same period. Before this latest update, the analysts had been forecasting revenues of ₹30b and earnings per share (EPS) of ₹32.00 in 2025. There has definitely been an improvement in perception recently, with the analysts substantially increasing both their earnings and revenue estimates.

See our latest analysis for Graphite India

Despite these upgrades, the analysts have not made any major changes to their price target of ₹712, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth.

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. For example, we noticed that Graphite India's rate of growth is expected to accelerate meaningfully, with revenues forecast to exhibit 18% growth to the end of 2025 on an annualised basis. That is well above its historical decline of 8.3% a year over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 21% annually. So while Graphite India's revenues are expected to improve, it seems that it is expected to grow at about the same rate as the overall industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. They also upgraded their revenue forecasts, although the latest estimates suggest that Graphite India will grow in line with the overall market. The lack of change in the price target is puzzling, but with a serious upgrade to this year's earnings expectations, it might be time to take another look at Graphite India.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Graphite India going out as far as 2027, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.