Earnings Miss: Kolte-Patil Developers Limited Missed EPS By 8.0% And Analysts Are Revising Their Forecasts

Investors in Kolte-Patil Developers Limited (NSE:KOLTEPATIL) had a good week, as its shares rose 5.4% to close at ₹408 following the release of its full-year results. It was a pretty mixed result, with revenues beating expectations to hit ₹18b. Statutory earnings fell 8.0% short of analyst forecasts, reaching ₹13.99 per share. 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.

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After the latest results, the four analysts covering Kolte-Patil Developers are now predicting revenues of ₹25.8b in 2026. If met, this would reflect a huge 46% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to leap 151% to ₹35.25. Before this earnings report, the analysts had been forecasting revenues of ₹24.2b and earnings per share (EPS) of ₹31.45 in 2026. So it seems there's been a definite increase in optimism about Kolte-Patil Developers' future following the latest results, with a nice gain to the earnings per share forecasts in particular.

See our latest analysis for Kolte-Patil Developers

With these upgrades, we're not surprised to see that the analysts have lifted their price target 12% to ₹519per share. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Kolte-Patil Developers at ₹569 per share, while the most bearish prices it at ₹467. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.

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. The analysts are definitely expecting Kolte-Patil Developers' growth to accelerate, with the forecast 46% annualised growth to the end of 2026 ranking favourably alongside historical growth of 17% per annum over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to grow their revenue at 20% per year. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect Kolte-Patil Developers to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around Kolte-Patil Developers' earnings potential next year. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. There was also a nice increase in the price target, with the analysts clearly feeling that the intrinsic value of the business is improving.

Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Kolte-Patil Developers analysts - going out to 2028, and you can see them free on our platform here.

You still need to take note of risks, for example - Kolte-Patil Developers has 2 warning signs we think 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.