Just Dial Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

It's been a pretty great week for Just Dial Limited (NSE:JUSTDIAL) shareholders, with its shares surging 12% to ₹984 in the week since its latest full-year results. The result was positive overall - although revenues of ₹11b were in line with what the analysts predicted, Just Dial surprised by delivering a statutory profit of ₹68.69 per share, modestly greater than expected. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Just Dial after the latest results.

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Taking into account the latest results, the most recent consensus for Just Dial from eight analysts is for revenues of ₹12.6b in 2026. If met, it would imply a solid 10% increase on its revenue over the past 12 months. Statutory earnings per share are expected to shrink 7.4% to ₹63.58 in the same period. In the lead-up to this report, the analysts had been modelling revenues of ₹12.9b and earnings per share (EPS) of ₹63.21 in 2026. 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.

See our latest analysis for Just Dial

The consensus has reconfirmed its price target of ₹1,223, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Just Dial's market value. Fixating on a single price target can be unwise though, since the consensus target is effectively the average of analyst price targets. As a result, some investors like to look at the range of estimates to see if there are any diverging opinions on the company's valuation. The most optimistic Just Dial analyst has a price target of ₹1,360 per share, while the most pessimistic values it at ₹968. Analysts definitely have varying views on the business, but the spread of estimates is not wide enough in our view to suggest that extreme outcomes could await Just Dial shareholders.

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 Just Dial'shistorical trends, as the 10% annualised revenue growth to the end of 2026 is roughly in line with the 9.2% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 8.2% annually. So although Just Dial is expected to maintain its revenue growth rate, it's only growing at about the rate of the wider industry.

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. Still, earnings are more important to the intrinsic value of the business. The consensus price target held steady at ₹1,223, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Just Dial going out to 2028, and you can see them free on our platform here..

Another thing to consider is whether management and directors have been buying or selling stock recently. We provide an overview of all open market stock trades for the last twelve months on our platform, here.

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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.