Shareholders might have noticed that C. E. Info Systems Limited (NSE:MAPMYINDIA) filed its quarterly result this time last week. The early response was not positive, with shares down 9.6% to ₹1,071 in the past week. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at ₹1.4b, statutory earnings beat expectations by a notable 21%, coming in at ₹9.05 per share. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.
After the latest results, the six analysts covering C. E. Info Systems are now predicting revenues of ₹5.84b in 2027. If met, this would reflect a solid 17% improvement in revenue compared to the last 12 months. Per-share earnings are expected to soar 33% to ₹33.58. Before this earnings report, the analysts had been forecasting revenues of ₹5.89b and earnings per share (EPS) of ₹33.33 in 2027. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.
View our latest analysis for C. E. Info Systems
It will come as no surprise then, to learn that the consensus price target is largely unchanged at ₹1,197. 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. Currently, the most bullish analyst values C. E. Info Systems at ₹1,500 per share, while the most bearish prices it at ₹940. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.
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. It's clear from the latest estimates that C. E. Info Systems' rate of growth is expected to accelerate meaningfully, with the forecast 24% annualised revenue growth to the end of 2027 noticeably faster than its historical growth of 16% p.a. over the past three years. Compare this with other companies in the same industry, which are forecast to grow their revenue 11% annually. Factoring in the forecast acceleration in revenue, it's pretty clear that C. E. Info Systems is expected to grow much faster than its industry.
The Bottom Line
The most obvious conclusion is that there's been no major change in the business' prospects in recent times, with the analysts holding their earnings forecasts steady, in line with previous estimates. Happily, there were no major changes to revenue forecasts, with the business still expected to grow faster 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. At Simply Wall St, we have a full range of analyst estimates for C. E. Info Systems going out to 2029, and you can see them free on our platform here..
Before you take the next step you should know about the 1 warning sign for C. E. Info Systems that we have uncovered.
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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.