Ganesha Ecosphere Limited (NSE:GANECOS) Third-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For Next Year

It's been a good week for Ganesha Ecosphere Limited (NSE:GANECOS) shareholders, because the company has just released its latest third-quarter results, and the shares gained 2.4% to ₹1,711. Results look mixed - while revenue fell marginally short of analyst estimates at ₹4.0b, statutory earnings were in line with expectations, at ₹18.15 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.

See our latest analysis for Ganesha Ecosphere

After the latest results, the sole analyst covering Ganesha Ecosphere are now predicting revenues of ₹19.4b in 2026. If met, this would reflect a major 36% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 54% to ₹61.40. Before this earnings report, the analyst had been forecasting revenues of ₹19.0b and earnings per share (EPS) of ₹61.90 in 2026. So it looks like there's been no major change in sentiment following the latest results, although the analyst has made a small lift in to revenue forecasts.

It may not be a surprise to see thatthe analyst has reconfirmed their price target of ₹2,680, implying that the uplift in revenue is not expected to greatly contribute to Ganesha Ecosphere's valuation in the near term.

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 clear from the latest estimates that Ganesha Ecosphere's rate of growth is expected to accelerate meaningfully, with the forecast 28% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 11% 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 15% per year. Factoring in the forecast acceleration in revenue, it's pretty clear that Ganesha Ecosphere is expected to grow much faster than its 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 analyst holding their earnings forecasts steady, in line with previous estimates. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider 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.

With that in mind, we wouldn't be too quick to come to a conclusion on Ganesha Ecosphere. Long-term earnings power is much more important than next year's profits. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with Ganesha Ecosphere .

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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.