₹473: That's What Analysts Think Apcotex Industries Limited (NSE:APCOTEXIND) Is Worth After Its Latest Results

Shareholders might have noticed that Apcotex Industries Limited (NSE:APCOTEXIND) filed its yearly result this time last week. The early response was not positive, with shares down 6.2% to ₹424 in the past week. Apcotex Industries beat revenue expectations by 2.4%, at ₹11b. Statutory earnings per share (EPS) came in at ₹10.39, some 4.7% short of analyst estimates. 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. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

Check out our latest analysis for Apcotex Industries

Taking into account the latest results, the most recent consensus for Apcotex Industries from twin analysts is for revenues of ₹13.6b in 2025. If met, it would imply a solid 20% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to shoot up 91% to ₹19.90. In the lead-up to this report, the analysts had been modelling revenues of ₹14.1b and earnings per share (EPS) of ₹20.60 in 2025. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a minor downgrade to earnings per share estimates.

It'll come as no surprise then, to learn that the analysts have cut their price target 15% to ₹473.

Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 20% growth on an annualised basis. That is in line with its 19% 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 12% per year. So it's pretty clear that Apcotex Industries is forecast to grow substantially faster than its industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Apcotex Industries. They also downgraded Apcotex Industries' revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. 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 least one analyst has provided forecasts out to 2026, which can be seen for free on our platform here.

It is also worth noting that we have found 2 warning signs for Apcotex Industries that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.