Earnings Miss: Bharti Hexacom Limited Missed EPS By 7.3% And Analysts Are Revising Their Forecasts

Bharti Hexacom Limited (NSE:BHARTIHEXA) missed earnings with its latest quarterly results, disappointing overly-optimistic forecasters. Results look to have been somewhat negative - revenue fell 3.9% short of analyst estimates at ₹23b, and statutory earnings of ₹7.83 per share missed forecasts by 7.3%. 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. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on Bharti Hexacom after the latest results.

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Taking into account the latest results, the current consensus from Bharti Hexacom's twelve analysts is for revenues of ₹97.4b in 2026. This would reflect a decent 9.5% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to surge 41% to ₹38.72. In the lead-up to this report, the analysts had been modelling revenues of ₹99.6b and earnings per share (EPS) of ₹39.38 in 2026. So it looks like the analysts have become a bit less optimistic after the latest results announcement, with revenues expected to fall even as the company is supposed to maintain EPS.

View our latest analysis for Bharti Hexacom

The consensus has reconfirmed its price target of ₹1,868, showing that the analysts don't expect weaker revenue expectations next year to have a material impact on Bharti Hexacom's market 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 Bharti Hexacom analyst has a price target of ₹2,250 per share, while the most pessimistic values it at ₹1,480. 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.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Bharti Hexacom'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 13% growth on an annualised basis. That is in line with its 14% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 5.2% per year. So it's pretty clear that Bharti Hexacom is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also downgraded Bharti Hexacom's revenue estimates, but industry data suggests that it is expected to grow faster than the wider industry. Even so, long term profitability is more important for the value creation process. 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. At Simply Wall St, we have a full range of analyst estimates for Bharti Hexacom going out to 2028, and you can see them free on our platform here..

You still need to take note of risks, for example - Bharti Hexacom has 1 warning sign 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.