Maharashtra Seamless Limited Just Beat EPS By 31%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that Maharashtra Seamless Limited (NSE:MAHSEAMLES) filed its quarterly result this time last week. The early response was not positive, with shares down 2.2% to ₹618 in the past week. It looks like a credible result overall - although revenues of ₹14b were what the analyst expected, Maharashtra Seamless surprised by delivering a (statutory) profit of ₹13.89 per share, an impressive 31% above what was forecast. This is an important time for investors, as they can track a company's performance in its report, look at what expert is forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.

View our latest analysis for Maharashtra Seamless

Taking into account the latest results, the consensus forecast from Maharashtra Seamless' solitary analyst is for revenues of ₹55.0b in 2026. This reflects a notable 8.6% improvement in revenue compared to the last 12 months. Statutory per-share earnings are expected to be ₹59.40, roughly flat on the last 12 months. Yet prior to the latest earnings, the analyst had been anticipated revenues of ₹54.2b and earnings per share (EPS) of ₹57.40 in 2026. The analyst seem to have become more bullish on the business, judging by their new earnings per share estimates.

The consensus price target was unchanged at ₹775, implying that the improved earnings outlook is not expected to have a long term impact on value creation for shareholders.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Maharashtra Seamless' revenue growth is expected to slow, with the forecast 6.8% annualised growth rate until the end of 2026 being well below the historical 19% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 13% per year. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Maharashtra Seamless.

The Bottom Line

The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Maharashtra Seamless following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at ₹775, with the latest estimates not enough to have an impact on their price target.

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 analyst estimates for Maharashtra Seamless going out as far as 2027, and you can see them free on our platform here.

You should always think about risks though. Case in point, we've spotted 1 warning sign for Maharashtra Seamless 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.