Le Travenues Technology Limited (NSE:IXIGO) Just Beat EPS By 6.9%: Here's What Analysts Are Forecasting For This Year

As you might know, Le Travenues Technology Limited (NSE:IXIGO) just kicked off its latest yearly results with some very strong numbers. Results were good overall, with revenues beating analyst predictions by 6.9% to hit ₹9.3b. Statutory earnings per share (EPS) came in at ₹1.55, some 6.9% above whatthe analysts had expected. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Le Travenues Technology after the latest results.

Our free stock report includes 1 warning sign investors should be aware of before investing in Le Travenues Technology. Read for free now.

Taking into account the latest results, the current consensus from Le Travenues Technology's three analysts is for revenues of ₹12.2b in 2026. This would reflect a huge 31% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 44% to ₹2.22. In the lead-up to this report, the analysts had been modelling revenues of ₹11.0b and earnings per share (EPS) of ₹2.07 in 2026. The analysts seem more optimistic after the latest results, with a solid increase in revenue and a modest lift to earnings per share estimates.

View our latest analysis for Le Travenues Technology

With these upgrades, we're not surprised to see that the analysts have lifted their price target 7.6% to ₹188per share. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. There are some variant perceptions on Le Travenues Technology, with the most bullish analyst valuing it at ₹195 and the most bearish at ₹180 per share. This is a very narrow spread of estimates, implying either that Le Travenues Technology is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We can infer from the latest estimates that forecasts expect a continuation of Le Travenues Technology'shistorical trends, as the 31% annualised revenue growth to the end of 2026 is roughly in line with the 29% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 19% annually. So although Le Travenues Technology is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Le Travenues Technology's earnings potential next year. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that in mind, we wouldn't be too quick to come to a conclusion on Le Travenues Technology. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Le Travenues Technology analysts - going out to 2028, and you can see them free on our platform here.

We don't want to rain on the parade too much, but we did also find 1 warning sign for Le Travenues Technology that you need to be mindful of.

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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.