₹2,802: That's What Analysts Think DOMS Industries Limited (NSE:DOMS) Is Worth After Its Latest Results

There's been a notable change in appetite for DOMS Industries Limited (NSE:DOMS) shares in the week since its annual report, with the stock down 11% to ₹2,553. It looks like the results were a bit of a negative overall. While revenues of ₹19b were in line with analyst predictions, statutory earnings were less than expected, missing estimates by 2.8% to hit ₹33.31 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

We've discovered 1 warning sign about DOMS Industries. View them for free.

Taking into account the latest results, the consensus forecast from DOMS Industries' eight analysts is for revenues of ₹23.2b in 2026. This reflects a notable 20% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 16% to ₹38.84. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹24.3b and earnings per share (EPS) of ₹42.16 in 2026. The analysts are less bullish than they were before these results, given the reduced revenue forecasts and the minor downgrade to earnings per share expectations.

Check out our latest analysis for DOMS Industries

It'll come as no surprise then, to learn that the analysts have cut their price target 5.1% to ₹2,802. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic DOMS Industries analyst has a price target of ₹3,087 per share, while the most pessimistic values it at ₹2,200. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of DOMS Industries'historical trends, as the 20% annualised revenue growth to the end of 2026 is roughly in line with the 23% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 9.9% per year. So it's pretty clear that DOMS Industries is forecast to grow substantially faster than its industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for DOMS Industries. They also downgraded DOMS Industries' revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of DOMS Industries' future valuation.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple DOMS Industries analysts - going out to 2028, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 1 warning sign for DOMS Industries that you need to be mindful 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.