Mrs. Bectors Food Specialities Limited Just Missed EPS By 11%: Here's What Analysts Think Will Happen Next
Shareholders might have noticed that Mrs. Bectors Food Specialities Limited (NSE:BECTORFOOD) filed its quarterly result this time last week. The early response was not positive, with shares down 5.3% to ₹1,231 in the past week. It was not a great result overall. While revenues of ₹5.5b were in line with analyst predictions, earnings were less than expected, missing statutory estimates by 11% to hit ₹5.95 per share. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Mrs. Bectors Food Specialities after the latest results.
After the latest results, the eight analysts covering Mrs. Bectors Food Specialities are now predicting revenues of ₹20.8b in 2026. If met, this would reflect a credible 5.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to grow 11% to ₹24.63. Before this earnings report, the analysts had been forecasting revenues of ₹21.0b and earnings per share (EPS) of ₹26.81 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the minor downgrade to their earnings per share numbers for next year.
See our latest analysis for Mrs. Bectors Food Specialities
It might be a surprise to learn that the consensus price target was broadly unchanged at ₹1,568, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Mrs. Bectors Food Specialities, with the most bullish analyst valuing it at ₹1,810 and the most bearish at ₹1,350 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business 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. We would highlight that Mrs. Bectors Food Specialities' revenue growth is expected to slow, with the forecast 12% annualised growth rate until the end of 2026 being well below the historical 19% 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) 9.9% annually. So it's pretty clear that, while Mrs. Bectors Food Specialities' 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 analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Mrs. Bectors Food Specialities. Happily, there were no real changes to revenue forecasts, with the business still expected to 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.
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 Mrs. Bectors Food Specialities going out to 2028, and you can see them free on our platform here..
You still need to take note of risks, for example - Mrs. Bectors Food Specialities has 2 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.
Valuation is complex, but we're here to simplify it.
Discover if Mrs. Bectors Food Specialities might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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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.