Maharashtra Seamless Limited Just Missed EPS By 18%: Here's What Analysts Think Will Happen Next

The quarterly results for Maharashtra Seamless Limited (NSE:MAHSEAMLES) were released last week, making it a good time to revisit its performance. It was not a great result overall. Although revenues beat expectations, hitting ₹12b, statutory earnings missed analyst forecasts by 18%, coming in at just ₹9.65 per share. Following the result, the analyst has updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.

See our latest analysis for Maharashtra Seamless

Taking into account the latest results, the single analyst covering Maharashtra Seamless provided consensus estimates of ₹51.5b revenue in 2025, which would reflect a discernible 3.4% decline over the past 12 months. Statutory earnings per share are expected to drop 16% to ₹54.90 in the same period. Before this earnings report, the analyst had been forecasting revenues of ₹54.9b and earnings per share (EPS) of ₹61.20 in 2025. From this we can that sentiment has definitely become more bearish after the latest results, leading to lower revenue forecasts and a substantial drop in earnings per share estimates.

It'll come as no surprise then, to learn that the analyst has cut their price target 21% to ₹815.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. We would highlight that revenue is expected to reverse, with a forecast 4.5% annualised decline to the end of 2025. That is a notable change from historical growth of 20% over the last five years. By contrast, our data suggests that other companies (with analyst coverage) in the same industry are forecast to see their revenue grow 11% annually for the foreseeable future. It's pretty clear that Maharashtra Seamless' revenues are expected to perform substantially worse than the wider industry.

The Bottom Line

The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.

With that in mind, we wouldn't be too quick to come to a conclusion on Maharashtra Seamless. Long-term earnings power is much more important than next year's profits. 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.

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