Enviro Infra Engineers Limited Beat Revenue Forecasts By 12%: Here's What Analysts Are Forecasting Next
Last week, you might have seen that Enviro Infra Engineers Limited (NSE:EIEL) released its quarterly result to the market. The early response was not positive, with shares down 7.7% to ₹197 in the past week. Enviro Infra Engineers beat revenue forecasts by a solid 12% to hit ₹3.6b. Statutory earnings per share came in at ₹10.41, in line with expectations. The analyst typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.
Taking into account the latest results, the current consensus from Enviro Infra Engineers' lone analyst is for revenues of ₹19.7b in 2027. This would reflect a major 56% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to soar 56% to ₹16.10. Before this earnings report, the analyst had been forecasting revenues of ₹18.2b and earnings per share (EPS) of ₹16.60 in 2027. Overall it looks as though the analyst was a bit mixed on the latest results. Although there was a a major to revenue, the consensus also made a minor downgrade to its earnings per share forecasts.
View our latest analysis for Enviro Infra Engineers
The consensus price target fell 10% to ₹310, suggesting that the analyst are primarily focused on earnings as the driver of value for this business.
Taking a look at the bigger picture now, one of the ways we can understand these forecasts is to see how they compare to both past performance and industry growth estimates. The analyst is definitely expecting Enviro Infra Engineers' growth to accelerate, with the forecast 81% annualised growth to the end of 2027 ranking favourably alongside historical growth of 15% per annum over the past year. 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 analyst also expect Enviro Infra Engineers to grow faster than the wider industry.
The Bottom Line
The most important thing to take away is that the analyst downgraded their earnings per share estimates, showing that there has been a clear decline in sentiment following these results. Pleasantly, they also upgraded their revenue estimates, and their forecasts suggest the business is expected to grow faster than the wider industry. Furthermore, the analyst also cut their price targets, suggesting that the latest news has led to greater pessimism about the intrinsic value of the business.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have analyst estimates for Enviro Infra Engineers going out as far as 2028, and you can see them free on our platform here.
You can also see whether Enviro Infra Engineers is carrying too much debt, and whether its balance sheet is healthy, for free on our platform here.
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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.