Pearl Global Industries Limited Just Beat Revenue Estimates By 6.8%

A week ago, Pearl Global Industries Limited (NSE:PGIL) came out with a strong set of yearly numbers that could potentially lead to a re-rate of the stock. The company beat expectations with revenues of ₹45b arriving 6.8% ahead of forecasts. Statutory earnings per share (EPS) were ₹52.87, 5.5% ahead of estimates. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.

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Following the latest results, Pearl Global Industries' one analyst are now forecasting revenues of ₹51.6b in 2026. This would be a solid 14% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to rise 2.5% to ₹55.40. Yet prior to the latest earnings, the analyst had been anticipated revenues of ₹48.8b and earnings per share (EPS) of ₹61.40 in 2026. Overall it looks as though the analyst was a bit mixed on the latest results. Although there was a a solid to revenue, the consensus also made a small dip in its earnings per share forecasts.

Check out our latest analysis for Pearl Global Industries

There's been no major changes to the price target of ₹2,085, suggesting that the impact of higher forecast revenue and lower earnings won't result in a meaningful change to the business' valuation.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Pearl Global Industries' past performance and to peers in the same industry. It's pretty clear that there is an expectation that Pearl Global Industries' 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 21% over the past five years. Compare this to the 353 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 Pearl Global Industries' revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The biggest concern is that the analyst reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Pearl Global Industries. They also upgraded their revenue forecasts, although the latest estimates suggest that Pearl Global Industries will 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.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2028, which can be seen for free on our platform here.

Before you take the next step you should know about the 2 warning signs for Pearl Global Industries (1 is significant!) 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.