J.K. Cement Earnings Report: Analysts Revise Models After Miss

J.K. Cement Limited ( ) last week reported its latest quarterly results, which makes it a good time for investors to dive in and see if the business is performing in line with expectations. Revenue of ₹35b surpassed estimates by 9.7%, although statutory earnings per share missed badly, coming in 21% below expectations at ₹22.60 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 collected the latest post-earnings statutory consensus estimates to see what could be in store for next year. Taking into account the latest results, the consensus forecast from J.K. Cement's 25 analysts is for revenues of ₹153.7b in 2027. This reflects a notable 15% improvement in revenue compared to the last 12 months. Statutory earnings per share are predicted to shoot up 28% to ₹168. In the lead-up to this report, the analysts had been modelling revenues of ₹153.2b and earnings per share (EPS) of ₹178 in 2027. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a minor downgrade to their earnings per share forecasts. The consensus price target held steady at ₹6,591, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. 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 J.K. Cement analyst has a price target of ₹7,807 per share, while the most pessimistic values it at ₹3,929. 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 J.K. Cement's past performance and to peers in the same . We can infer from the latest estimates that forecasts expect a continuation of J.K. Cement'shistorical trends, as the 11% annualised revenue growth to the end of 2027 is roughly in line with the 14% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 0.1% annually. So although J.K. Cement is expected to maintain its revenue growth rate, it's definitely 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, there were no major changes to revenue forecasts, with the business still expected to grow faster than the wider industry. The consensus price target held steady at ₹6,591, 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 J.K. Cement. Long-term earnings power is much more important than next year's profits. We have estimates - from multiple J.K. Cement analysts - going out to 2028, and you can You should always think about risks though. Case in point, we've spotted you should be aware of.