Analyst Estimates: Here's What Brokers Think Of Pearl Global Industries Limited (NSE:PGIL) After Its Second-Quarter Report

The investors in Pearl Global Industries Limited's (NSE:PGIL) will be rubbing their hands together with glee today, after the share price leapt 24% to ₹1,688 in the week following its second-quarter results. It was a credible result overall, with revenues of ₹13b and statutory earnings per share of ₹52.87 both in line with analyst estimates, showing that Pearl Global Industries is executing in line with expectations. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analyst has changed their mind on Pearl Global Industries after the latest results.

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After the latest results, the sole analyst covering Pearl Global Industries are now predicting revenues of ₹51.0b in 2026. If met, this would reflect a credible 6.6% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be ₹56.90, roughly flat on the last 12 months. In the lead-up to this report, the analyst had been modelling revenues of ₹51.6b and earnings per share (EPS) of ₹55.40 in 2026. So the consensus seems to have become somewhat more optimistic on Pearl Global Industries' earnings potential following these results.

View our latest analysis for Pearl Global Industries

There's been no major changes to the consensus price target of ₹2,061, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation.

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 would highlight that Pearl Global Industries' revenue growth is expected to slow, with the forecast 14% annualised growth rate until the end of 2026 being well below the historical 21% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 13% annually. Factoring in the forecast slowdown in growth, it looks like Pearl Global Industries is forecast to grow at about the same rate as the wider industry.

The Bottom Line

The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Pearl Global Industries following these results. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as 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.

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 analyst estimates for Pearl Global Industries going out as far as 2028, and you can see them free on our platform here.

Before you take the next step you should know about the 2 warning signs for Pearl Global Industries that we have uncovered.

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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.