International Gemmological Institute (India) Limited (NSE:IGIL) Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year

It's been a good week for International Gemmological Institute (India) Limited (NSE:IGIL) shareholders, because the company has just released its latest third-quarter results, and the shares gained 6.6% to ₹360. Results overall were respectable, with statutory earnings of ₹2.91 per share roughly in line with what the analysts had forecast. Revenues of ₹3.0b came in 4.6% ahead of analyst predictions. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Taking into account the latest results, the most recent consensus for International Gemmological Institute (India) from four analysts is for revenues of ₹13.9b in 2026. If met, it would imply a meaningful 17% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to step up 17% to ₹13.85. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹13.8b and earnings per share (EPS) of ₹13.40 in 2026. The analysts seems to have become more bullish on the business, judging by their new earnings per share estimates.

View our latest analysis for International Gemmological Institute (India)

The consensus price target was unchanged at ₹502, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on International Gemmological Institute (India), with the most bullish analyst valuing it at ₹560 and the most bearish at ₹405 per share. 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.

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. It's pretty clear that there is an expectation that International Gemmological Institute (India)'s revenue growth will slow down substantially, with revenues to the end of 2026 expected to display 14% growth on an annualised basis. This is compared to a historical growth rate of 25% over the past three years. Compare this to the 68 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 13% per year. So it's pretty clear that, while International Gemmological Institute (India)'s revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around International Gemmological Institute (India)'s earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall 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 forecasts for International Gemmological Institute (India) going out to 2027, and you can see them free on our platform here.

We also provide an overview of the International Gemmological Institute (India) Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.

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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.