Earnings Miss: C. E. Info Systems Limited Missed EPS By 63% And Analysts Are Revising Their Forecasts

The analysts might have been a bit too bullish on C. E. Info Systems Limited (NSE:MAPMYINDIA), given that the company fell short of expectations when it released its second-quarter results last week. Results showed a clear earnings miss, with ₹1.1b revenue coming in 9.5% lower than what the analystsexpected. Statutory earnings per share (EPS) of ₹3.30 missed the mark badly, arriving some 63% below what was expected. 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. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.

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Following the latest results, C. E. Info Systems' six analysts are now forecasting revenues of ₹5.72b in 2026. This would be a solid 15% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to bounce 22% to ₹32.60. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹5.83b and earnings per share (EPS) of ₹35.98 in 2026. The analysts seem to have become a little more negative on the business after the latest results, given the small dip in their earnings per share numbers for next year.

See our latest analysis for C. E. Info Systems

It might be a surprise to learn that the consensus price target was broadly unchanged at ₹2,059, 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 C. E. Info Systems analyst has a price target of ₹2,400 per share, while the most pessimistic values it at ₹1,445. These price targets show that analysts do have some differing views on the business, but the estimates do not vary enough to suggest to us that some are betting on wild success or utter failure.

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. It's clear from the latest estimates that C. E. Info Systems' rate of growth is expected to accelerate meaningfully, with the forecast 32% annualised revenue growth to the end of 2026 noticeably faster than its historical growth of 23% p.a. over the past three years. Compare this with other companies in the same industry, which are forecast to grow their revenue 13% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect C. E. Info Systems to grow faster than the wider 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. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. The consensus price target held steady at ₹2,059, with the latest estimates not enough to have an impact on their price targets.

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. At Simply Wall St, we have a full range of analyst estimates for C. E. Info Systems going out to 2028, and you can see them free on our platform here..

You can also see our analysis of C. E. Info Systems' Board and CEO remuneration and experience, and whether company insiders have been buying stock.

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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.