Electronics Mart India Limited (NSE:EMIL) Second-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a sad week for Electronics Mart India Limited (NSE:EMIL), who've watched their investment drop 16% to ₹166 in the week since the company reported its second-quarter result. Electronics Mart India reported in line with analyst predictions, delivering revenues of ₹14b and statutory earnings per share of ₹4.78, suggesting the business is executing well and in line with its plan. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

Check out our latest analysis for Electronics Mart India

Taking into account the latest results, the most recent consensus for Electronics Mart India from four analysts is for revenues of ₹71.2b in 2025. If met, it would imply a credible 6.9% increase on its revenue over the past 12 months. Per-share earnings are expected to step up 15% to ₹5.47. In the lead-up to this report, the analysts had been modelling revenues of ₹74.5b and earnings per share (EPS) of ₹6.03 in 2025. 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 ₹265 price target, showing that the analysts don't think the changes have a meaningful impact on its intrinsic value. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. The most optimistic Electronics Mart India analyst has a price target of ₹279 per share, while the most pessimistic values it at ₹230. Still, with such a tight range of estimates, it suggeststhe analysts have a pretty good idea of what they think the company is worth.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. The period to the end of 2025 brings more of the same, according to the analysts, with revenue forecast to display 14% growth on an annualised basis. That is in line with its 15% annual growth over the past year. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 22% per year. So it's pretty clear that Electronics Mart India is expected to grow slower than similar companies in the same industry.

The Bottom Line

The biggest concern is that the analysts reduced their earnings per share estimates, suggesting business headwinds could lay ahead for Electronics Mart India. On the negative side, they also downgraded their revenue estimates, and forecasts imply they will perform worse than the wider industry. 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 said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for Electronics Mart India going out to 2027, and you can see them free on our platform here.

You can also see whether Electronics Mart India is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

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.