Indo Count Industries Limited Just Missed EPS By 38%: Here's What Analysts Think Will Happen Next

As you might know, Indo Count Industries Limited (NSE:ICIL) last week released its latest third-quarter, and things did not turn out so great for shareholders. Indo Count Industries delivered a grave earnings miss, with both revenues (₹7.3b) and statutory earnings per share (₹2.93) falling badly short of analyst expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are 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 analysts have changed their earnings models, following these results.

See our latest analysis for Indo Count Industries

After the latest results, the dual analysts covering Indo Count Industries are now predicting revenues of ₹38.7b in 2025. If met, this would reflect a decent 18% improvement in revenue compared to the last 12 months. Per-share earnings are expected to ascend 13% to ₹19.50. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹39.4b and earnings per share (EPS) of ₹19.80 in 2025. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.

There were no changes to revenue or earnings estimates or the price target of ₹320, suggesting that the company has met expectations in its recent result.

Of course, another way to look at these forecasts is to place them into context against the industry itself. It's clear from the latest estimates that Indo Count Industries' rate of growth is expected to accelerate meaningfully, with the forecast 14% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 12% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 14% annually. Indo Count Industries is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

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 real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ₹320, 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 Indo Count Industries. Long-term earnings power is much more important than next year's profits. We have analyst estimates for Indo Count Industries going out as far as 2026, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 1 warning sign for Indo Count Industries you should know about.

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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.