Analysts Are Updating Their Clean Science and Technology Limited (NSE:CLEAN) Estimates After Its Yearly Results
Shareholders of Clean Science and Technology Limited (NSE:CLEAN) will be pleased this week, given that the stock price is up 11% to ₹1,433 following its latest yearly results. Results overall were respectable, with statutory earnings of ₹24.88 per share roughly in line with what the analysts had forecast. Revenues of ₹10b came in 3.7% ahead of analyst predictions. 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. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Our free stock report includes 1 warning sign investors should be aware of before investing in Clean Science and Technology. Read for free now.Taking into account the latest results, the current consensus from Clean Science and Technology's ten analysts is for revenues of ₹12.2b in 2026. This would reflect a huge 21% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to jump 28% to ₹31.93. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹12.4b and earnings per share (EPS) of ₹32.59 in 2026. The analysts are less bullish than they were before these results, given the reduced revenue forecasts and the minor downgrade to earnings per share expectations.
View our latest analysis for Clean Science and Technology
Despite the cuts to forecast earnings, there was no real change to the ₹1,455 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. Currently, the most bullish analyst values Clean Science and Technology at ₹1,716 per share, while the most bearish prices it at ₹1,006. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Clean Science and Technology's past performance and to peers in the same industry. It's clear from the latest estimates that Clean Science and Technology's rate of growth is expected to accelerate meaningfully, with the forecast 21% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 14% p.a. over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 13% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Clean Science and Technology to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analysts downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. The consensus price target held steady at ₹1,455, 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. At Simply Wall St, we have a full range of analyst estimates for Clean Science and Technology going out to 2028, and you can see them free on our platform here..
However, before you get too enthused, we've discovered 1 warning sign for Clean Science and Technology that you should be aware 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.