Earnings Report: TTK Prestige Limited Missed Revenue Estimates By 6.2%

Last week, you might have seen that TTK Prestige Limited (NSE:TTKPRESTIG) released its third-quarter result to the market. The early response was not positive, with shares down 3.9% to ₹719 in the past week. Results look mixed - while revenue fell marginally short of analyst estimates at ₹7.3b, statutory earnings were in line with expectations, at ₹16.48 per share. Following the result, the analysts have 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

See our latest analysis for TTK Prestige

Taking into account the latest results, the consensus forecast from TTK Prestige's seven analysts is for revenues of ₹30.0b in 2026. This reflects a notable 12% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 25% to ₹19.30. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹31.5b and earnings per share (EPS) of ₹22.50 in 2026. The analysts seem less optimistic after the recent results, reducing their revenue forecasts and making a real cut to earnings per share numbers.

It'll come as no surprise then, to learn that the analysts have cut their price target 12% to ₹798. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values TTK Prestige at ₹903 per share, while the most bearish prices it at ₹681. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that TTK Prestige's rate of growth is expected to accelerate meaningfully, with the forecast 9.3% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 6.7% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to see revenue growth of 18% annually. It seems obvious that, while the future growth outlook is brighter than the recent past, TTK Prestige is expected to grow slower than the wider industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for TTK Prestige. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. Furthermore, the analysts also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

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. At Simply Wall St, we have a full range of analyst estimates for TTK Prestige going out to 2027, and you can see them free on our platform here..

Before you take the next step you should know about the 1 warning sign for TTK Prestige 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.