ITD Cementation India Limited Just Beat Revenue By 8.1%: Here's What Analysts Think Will Happen Next

ITD Cementation India Limited (NSE:ITDCEM) just released its first-quarter report and things are looking bullish. Results were good overall, with revenues beating analyst predictions by 8.1% to hit ₹24b. Statutory earnings per share (EPS) came in at ₹5.83, some 6.0% above whatthe analysts had expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

Check out our latest analysis for ITD Cementation India

After the latest results, the three analysts covering ITD Cementation India are now predicting revenues of ₹94.9b in 2025. If met, this would reflect a notable 15% improvement in revenue compared to the last 12 months. Per-share earnings are expected to surge 23% to ₹23.00. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹92.8b and earnings per share (EPS) of ₹22.26 in 2025. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

Despite these upgrades,the analysts have not made any major changes to their price target of ₹431, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values ITD Cementation India at ₹476 per share, while the most bearish prices it at ₹404. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that ITD Cementation India's revenue growth is expected to slow, with the forecast 20% annualised growth rate until the end of 2025 being well below the historical 26% 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 13% annually. Even after the forecast slowdown in growth, it seems obvious that ITD Cementation India is also expected to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around ITD Cementation India's earnings potential next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. 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.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple ITD Cementation India analysts - going out to 2027, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 2 warning signs for ITD Cementation India that you should be aware of.

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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.