Macrotech Developers Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

As you might know, Macrotech Developers Limited (NSE:LODHA) last week released its latest second-quarter, and things did not turn out so great for shareholders. It wasn't a great result overall - while revenue fell marginally short of analyst estimates at ₹26b, statutory earnings missed forecasts by an incredible 36%, coming in at just ₹4.23 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

View our latest analysis for Macrotech Developers

Taking into account the latest results, the current consensus from Macrotech Developers' 16 analysts is for revenues of ₹136.5b in 2025. This would reflect a meaningful 9.9% increase on its revenue over the past 12 months. Per-share earnings are expected to shoot up 23% to ₹25.60. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹133.2b and earnings per share (EPS) of ₹25.07 in 2025. It looks like there's been a modest increase in sentiment following the latest results, withthe analysts becoming a bit more optimistic in their predictions for both revenues and earnings.

Despite these upgrades,the analysts have not made any major changes to their price target of ₹1,410, suggesting that the higher estimates are not likely to have a long term impact on what the stock is worth. 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. There are some variant perceptions on Macrotech Developers, with the most bullish analyst valuing it at ₹1,755 and the most bearish at ₹918 per share. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. It's clear from the latest estimates that Macrotech Developers' rate of growth is expected to accelerate meaningfully, with the forecast 21% annualised revenue growth to the end of 2025 noticeably faster than its historical growth of 0.5% p.a. over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 23% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that Macrotech Developers is expected to grow at about the same rate as 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 Macrotech Developers' earnings potential next year. They also upgraded their revenue forecasts, although the latest estimates suggest that Macrotech Developers will grow in line with the overall industry. The consensus price target held steady at ₹1,410, 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 Macrotech Developers going out to 2027, and you can see them free on our platform here..

Before you take the next step you should know about the 1 warning sign for Macrotech Developers 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.