Analysts Just Slashed Their PTC Industries Limited (NSE:PTCIL) EPS Numbers

The analysts covering PTC Industries Limited (NSE:PTCIL) delivered a dose of negativity to shareholders today, by making a substantial revision to their statutory forecasts for this year. Revenue and earnings per share (EPS) forecasts were both revised downwards, with analysts seeing grey clouds on the horizon.

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Following the downgrade, the current consensus from PTC Industries' two analysts is for revenues of ₹7.4b in 2026 which - if met - would reflect a sizeable 139% increase on its sales over the past 12 months. Per-share earnings are expected to leap 60% to ₹65.30. Prior to this update, the analysts had been forecasting revenues of ₹8.4b and earnings per share (EPS) of ₹97.35 in 2026. It looks like analyst sentiment has declined substantially, with a measurable cut to revenue estimates and a pretty serious decline to earnings per share numbers as well.

Check out our latest analysis for PTC Industries

Analysts made no major changes to their price target of ₹19,543, suggesting the downgrades are not expected to have a long-term impact on PTC Industries' valuation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting PTC Industries' growth to accelerate, with the forecast 139% annualised growth to the end of 2026 ranking favourably alongside historical growth of 13% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 9.9% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect PTC Industries to grow faster than the wider industry.

The Bottom Line

The most important thing to take away is that analysts cut their earnings per share estimates, expecting a clear decline in business conditions. Unfortunately, analysts also downgraded their revenue estimates, although our data indicates revenues are expected to perform better than the wider market. We're also surprised to see that the price target went unchanged. Still, deteriorating business conditions (assuming accurate forecasts!) can be a leading indicator for the stock price, so we wouldn't blame investors for being more cautious on PTC Industries after the downgrade.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for PTC Industries going out as far as 2028, and you can see them free on our platform here.

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are downgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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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.