Here's What Analysts Are Forecasting For Electronics Mart India Limited (NSE:EMIL) After Its Second-Quarter Results

Electronics Mart India Limited (NSE:EMIL) shareholders are probably feeling a little disappointed, since its shares fell 7.7% to ₹135 in the week after its latest quarterly results. Results were roughly in line with estimates, with revenues of ₹16b and statutory earnings per share of ₹4.16. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.

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Following the latest results, Electronics Mart India's six analysts are now forecasting revenues of ₹74.4b in 2026. This would be a reasonable 5.8% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to accumulate 2.6% to ₹2.60. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹73.9b and earnings per share (EPS) of ₹3.77 in 2026. So there's definitely been a decline in sentiment after the latest results, noting the pretty serious reduction to new EPS forecasts.

Check out our latest analysis for Electronics Mart India

It might be a surprise to learn that the consensus price target was broadly unchanged at ₹169, with the analysts clearly implying that the forecast decline in earnings is not expected to have much of an impact on valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. The most optimistic Electronics Mart India analyst has a price target of ₹212 per share, while the most pessimistic values it at ₹148. 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 Electronics Mart India shareholders.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Electronics Mart India's past performance and to peers in the same industry. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 12% growth on an annualised basis. That is in line with its 11% annual growth over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 19% 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 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. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target held steady at ₹169, with the latest estimates not enough to have an impact on their price targets.

With that in mind, we wouldn't be too quick to come to a conclusion on Electronics Mart India. Long-term earnings power is much more important than next year's profits. At Simply Wall St, we have a full range of analyst estimates for Electronics Mart India going out to 2028, and you can see them free on our platform here..

You still need to take note of risks, for example - Electronics Mart India has 2 warning signs (and 1 which is potentially serious) we think you should know about.

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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.