ITD Cementation India Limited Just Missed EPS By 9.1%: Here's What Analysts Think Will Happen Next

ITD Cementation India Limited (NSE:ITDCEM) missed earnings with its latest quarterly results, disappointing overly-optimistic forecasters. ITD Cementation India missed analyst forecasts, with revenues of ₹20b and statutory earnings per share (EPS) of ₹4.19, falling short by 4.1% and 9.1% respectively. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on ITD Cementation India after the latest results.

View our latest analysis for ITD Cementation India

Taking into account the latest results, the current consensus from ITD Cementation India's three analysts is for revenues of ₹94.3b in 2025. This would reflect a notable 8.7% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to expand 12% to ₹22.15. In the lead-up to this report, the analysts had been modelling revenues of ₹95.0b and earnings per share (EPS) of ₹23.27 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts.

Despite cutting their earnings forecasts,the analysts have lifted their price target 36% to ₹560, suggesting that these impacts are not expected to weigh on the stock's value in the long term. 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. Currently, the most bullish analyst values ITD Cementation India at ₹623 per share, while the most bearish prices it at ₹491. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the ITD Cementation India's past performance and to peers in the same industry. It's pretty clear that there is an expectation that ITD Cementation India's revenue growth will slow down substantially, with revenues to the end of 2025 expected to display 18% growth on an annualised basis. This is compared to a historical growth rate of 27% over the past five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 13% annually. So it's pretty clear that, while ITD Cementation India's revenue growth is expected to slow, it's still expected to grow faster than the industry itself.

The Bottom Line

The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

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 (1 is potentially serious) 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.