Analysts Have Made A Financial Statement On Updater Services Limited's (NSE:UDS) Yearly Report

The annual results for Updater Services Limited (NSE:UDS) were released last week, making it a good time to revisit its performance. The result was positive overall - although revenues of ₹27b were in line with what the analysts predicted, Updater Services surprised by delivering a statutory profit of ₹17.70 per share, modestly greater than 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. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the most recent consensus for Updater Services from four analysts is for revenues of ₹31.6b in 2026. If met, it would imply a notable 16% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 20% to ₹21.38. Before this earnings report, the analysts had been forecasting revenues of ₹31.8b and earnings per share (EPS) of ₹21.63 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.

Check out our latest analysis for Updater Services

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹456. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. Currently, the most bullish analyst values Updater Services at ₹571 per share, while the most bearish prices it at ₹396. 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. We can infer from the latest estimates that forecasts expect a continuation of Updater Services'historical trends, as the 16% annualised revenue growth to the end of 2026 is roughly in line with the 16% 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 9.4% per year. So it's pretty clear that Updater Services is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at ₹456, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Updater Services. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Updater Services analysts - going out to 2028, and you can see them free on our platform here.

We also provide an overview of the Updater Services 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.