Revenue Beat: BlackBuck Limited Beat Analyst Estimates By 21%

It’s been a good week for BlackBuck Limited (NSE:BLACKBUCK) shareholders, because the company has just released its latest quarterly results, and the shares gained 3.8% to ₹564. Revenue of ₹2.4b came in a notable 21% ahead of expectations, while statutory earnings of ₹8.76 were in line with what the analysts had been forecasting. 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. So we gathered the latest post-earnings forecasts to see what estimates suggest is in store for next year.

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After the latest results, the seven analysts covering BlackBuck are now predicting revenues of ₹9.43b in 2027. If met, this would reflect a solid 18% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to reduce 3.9% to ₹9.55 in the same period. Before this earnings report, the analysts had been forecasting revenues of ₹8.44b and earnings per share (EPS) of ₹12.30 in 2027. Although revenues are expected to increase meaningfully, the analysts have acknowledged the cost of growth, given the large cut to EPS estimates following the latest report.

Check out our latest analysis for BlackBuck

There’s been no major changes to the price target of ₹696, suggesting that the impact of higher forecast revenue and lower earnings won’t result in a meaningful change to the business’ 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. Currently, the most bullish analyst values BlackBuck at ₹850 per share, while the most bearish prices it at ₹596. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the BlackBuck’s past performance and to peers in the same industry. We would highlight that BlackBuck’s revenue growth is expected to slow, with the forecast 39% annualised growth rate until the end of 2027 being well below the historical 51% growth over the last year. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 11% per year. Even after the forecast slowdown in growth, it seems obvious that BlackBuck is also expected 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. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at ₹696, 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 BlackBuck. 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 BlackBuck going out to 2029, and you can see them free on our platform here..

Plus, you should also learn about the 2 warning signs we’ve spotted with BlackBuck (including 1 which is a bit concerning) .

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