The D. B. Corp Limited (NSE:DBCORP) Third-Quarter Results Are Out And Analysts Have Published New Forecasts

Shareholders might have noticed that D. B. Corp Limited (NSE:DBCORP) filed its third-quarter result this time last week. The early response was not positive, with shares down 4.0% to ₹272 in the past week. Revenues came in 2.7% below expectations, at ₹6.4b. Statutory earnings per share were relatively better off, with a per-share profit of ₹23.87 being roughly in line with analyst estimates. This is an important time for investors, as they can track a company's performance in its report, look at what experts are 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 analysts have changed their earnings models, following these results.

View our latest analysis for D. B

Following the latest results, D. B's two analysts are now forecasting revenues of ₹26.3b in 2026. This would be a notable 9.0% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to increase 6.3% to ₹26.33. Before this earnings report, the analysts had been forecasting revenues of ₹27.3b and earnings per share (EPS) of ₹28.43 in 2026. It's pretty clear that pessimism has reared its head after the latest results, leading to a weaker revenue outlook and a minor downgrade to earnings per share estimates.

Despite the cuts to forecast earnings, there was no real change to the ₹404 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value.

Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. We can infer from the latest estimates that forecasts expect a continuation of D. B'shistorical trends, as the 7.1% annualised revenue growth to the end of 2026 is roughly in line with the 6.6% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 11% per year. So although D. B is expected to maintain its revenue growth rate, it's forecast to grow slower 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. Unfortunately, they also downgraded their revenue estimates, and our data indicates underperformance compared to the wider industry. Even so, earnings per share are more important to the intrinsic value of the business. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that in mind, we wouldn't be too quick to come to a conclusion on D. B. Long-term earnings power is much more important than next year's profits. We have analyst estimates for D. B going out as far as 2027, and you can see them free on our platform here.

Plus, you should also learn about the 1 warning sign we've spotted with D. B .

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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.