Analysts Have Made A Financial Statement On Mrs. Bectors Food Specialities Limited's (NSE:BECTORFOOD) Third-Quarter Report

Shareholders might have noticed that Mrs. Bectors Food Specialities Limited (NSE:BECTORFOOD) filed its third-quarter result this time last week. The early response was not positive, with shares down 9.2% to ₹1,075 in the past week. Results were roughly in line with estimates, with revenues of ₹4.3b and statutory earnings per share of ₹5.89. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

View our latest analysis for Mrs. Bectors Food Specialities

After the latest results, the seven analysts covering Mrs. Bectors Food Specialities are now predicting revenues of ₹18.9b in 2025. If met, this would reflect a sizeable 21% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 25% to ₹28.48. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹18.9b and earnings per share (EPS) of ₹28.87 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.

It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹1,330. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values Mrs. Bectors Food Specialities at ₹1,447 per share, while the most bearish prices it at ₹1,294. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.

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. We can infer from the latest estimates that forecasts expect a continuation of Mrs. Bectors Food Specialities'historical trends, as the 16% annualised revenue growth to the end of 2025 is roughly in line with the 17% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 9.5% per year. So although Mrs. Bectors Food Specialities is expected to maintain its revenue growth rate, it's definitely expected to grow faster than the wider industry.

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. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ₹1,330, with the latest estimates not enough to have an impact on their price targets.

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 estimates - from multiple Mrs. Bectors Food Specialities analysts - going out to 2026, 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 Mrs. Bectors Food Specialities 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.