D. B. Corp Limited (NSE:DBCORP) Second-Quarter Results: Here's What Analysts Are Forecasting For This Year

Last week, you might have seen that D. B. Corp Limited (NSE:DBCORP) released its second-quarter result to the market. The early response was not positive, with shares down 5.1% to ₹334 in the past week. Revenues came in 2.8% below expectations, at ₹5.6b. Statutory earnings per share were relatively better off, with a per-share profit of ₹23.87 being roughly in line with analyst estimates. 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 gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

Check out our latest analysis for D. B

Taking into account the latest results, the current consensus from D. B's twin analysts is for revenues of ₹25.3b in 2025. This would reflect a modest 4.7% increase on its revenue over the past 12 months. Per-share earnings are expected to accumulate 6.0% to ₹26.60. Before this earnings report, the analysts had been forecasting revenues of ₹26.3b and earnings per share (EPS) of ₹26.79 in 2025. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS.

The average price target was steady at ₹425even though revenue estimates declined; likely suggesting the analysts place a higher value on earnings.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting D. B's growth to accelerate, with the forecast 9.7% annualised growth to the end of 2025 ranking favourably alongside historical growth of 4.6% per annum over the past five years. Other similar companies in the industry (with analyst coverage) are also forecast to grow their revenue at 11% per year. D. B is expected to grow at about the same rate as its industry, so it's not clear that we can draw any conclusions from its growth relative to competitors.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also downgraded their revenue estimates, although as we saw earlier, forecast growth is only expected to be about the same as the wider industry. With that said, earnings are more important to the long-term value of the business. The consensus price target held steady at ₹425, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At least one analyst has provided forecasts out to 2027, which can be seen for free on our platform here.

Before you take the next step you should know about the 1 warning sign for D. B that we have uncovered.

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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.