Century Plyboards (India) Limited Beat Revenue Forecasts By 6.7%: Here's What Analysts Are Forecasting Next

It's been a mediocre week for Century Plyboards (India) Limited (NSE:CENTURYPLY) shareholders, with the stock dropping 10% to ₹749 in the week since its latest second-quarter results. It was a workmanlike result, with revenues of ₹12b coming in 6.7% ahead of expectations, and statutory earnings per share of ₹14.69, in line with analyst appraisals. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. 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 Century Plyboards (India)

Taking into account the latest results, the consensus forecast from Century Plyboards (India)'s six analysts is for revenues of ₹44.3b in 2025. This reflects a modest 6.3% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to surge 62% to ₹15.82. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹44.6b and earnings per share (EPS) of ₹14.02 in 2025. There was no real change to the revenue estimates, but the analysts do seem more bullish on earnings, given the decent improvement in earnings per share expectations following these results.

The consensus price target was unchanged at ₹834, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Century Plyboards (India) at ₹1,052 per share, while the most bearish prices it at ₹659. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of Century Plyboards (India)'shistorical trends, as the 13% annualised revenue growth to the end of 2025 is roughly in line with the 16% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 14% annually. It's clear that while Century Plyboards (India)'s revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Century Plyboards (India)'s earnings potential next year. Happily, there were no real changes to revenue forecasts, with the business still expected to grow in line with the overall industry. The consensus price target held steady at ₹834, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Century Plyboards (India). Long-term earnings power is much more important than next year's profits. We have estimates - from multiple Century Plyboards (India) analysts - going out to 2027, and you can see them free on our platform here.

And what about risks? Every company has them, and we've spotted 3 warning signs for Century Plyboards (India) (of which 2 are concerning!) you should know about.

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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.