Hitachi Energy India Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

Shareholders of Hitachi Energy India Limited (NSE:POWERINDIA) will be pleased this week, given that the stock price is up 17% to ₹20,457 following its latest second-quarter results. Revenues of ₹18b fell slightly short of expectations, but earnings were a definite bright spot, with statutory per-share profits of ₹59.31 an impressive 25% ahead of estimates. 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 Hitachi Energy India after the latest results.

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Taking into account the latest results, the current consensus from Hitachi Energy India's twelve analysts is for revenues of ₹84.0b in 2026. This would reflect a major 23% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to rise 3.7% to ₹167. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹85.1b and earnings per share (EPS) of ₹165 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

See our latest analysis for Hitachi Energy India

The consensus price target rose 24% to ₹20,557despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of Hitachi Energy India's earnings by assigning a price premium. 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 Hitachi Energy India at ₹25,033 per share, while the most bearish prices it at ₹13,350. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Hitachi Energy India's past performance and to peers in the same industry. It's clear from the latest estimates that Hitachi Energy India's rate of growth is expected to accelerate meaningfully, with the forecast 52% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 14% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 20% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Hitachi Energy India 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. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Hitachi Energy India going out to 2028, and you can see them free on our platform here..

You can also see our analysis of Hitachi Energy India's Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.