ETHOSLTD

Ethos Ltd.

NSE: ETHOSLTD

BSE: 543532

Sector: Consumer Durables

Industry Group: Consumer Durables

Industry: Gems, Jewellery And Watches

2,769.30+22.7 (+0.83%)

8 Sep, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

55.1 / 100

Value Score

17.4 / 100

Price Momentum Score

74.9 / 100

QVM Score

44.2 / 100

Key Metrics

Market Cap

7410.09

P/E (TTM)

70.97

P/B

4.98

P/S (TTM)

4.29

EV/EBITDA

26.85

CAPE (5Y)

94.90

ROE (TTM)

7.67

ROCE (TTM)

7.26

ROA (TTM)

5.25

Avg 3Y ROE

9.66

Earnings 3Y CAGR

12.17

Sales 3Y CAGR

26.92

Sales 5Y CAGR

33.06

Debt/Equity

0.22

Consensus TP

3337.00

Strong Buy %

Promoter Holding

50.59

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Ethos Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 74.9 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

74.9 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 0.1% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

Low Debt to Equity, not much change from last year

The company has low Debt to Equity of 0.22 as on 30 Jun 2026 and Debt to Equity decreased marginally by 0.07 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 70.97 indicates that the stock is expensive on a standalone basis and is at a 298.26% premium to industry median P/E

What is P/E Ratio?

Median: 17.82

Value 70.97

-24.56871.45

Low and declining ROE

The company reported low ROE of 7.67% for 12-month ended 30 Jun 2026 and ROE declined by -265 bps from 1 year ago

What is ROE (FY)?

Low and declining operating margin

The company reported low operating margin of 7.34% for 12-month ended 30 Jun 2026 and operating margin declined by -210 bps from 1 year ago

What is Operating profit margin?

Low EPS growth and lower than median growth of industry

The company delivered moderate EPS growth of -4.69% for 12-month ended 30 Jun 2026 and the growth was 47.97 percentage points lower than median growth of industry

What is EPS growth (1Y)?

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Strong revenue growth but lower than median growth of industry

The company delivered strong revenue growth of 30.42% for 12-month ended 30 Jun 2026 but the growth was 2.06 percentage points lower than median growth ofindustry

What is Sales growth (1Y)?

Median: 32.48

Value 30.42

-99.29425042

Company's earnings are of moderate quality

Earnings quality score of 37.5 indicates that the company's earnings are of moderate quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

37.5 / 100

Financial Snapshot

See detailed analysis

Multi-year trends for Ethos Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Ethos Ltd. Shareholding Pattern

Quarterly breakdown of Ethos Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2013	Sep 2013	Aug 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Sep 2019	Mar 2020	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	87.82	87.82	87.82	79.13	100.00	100.00	100.00	80.40	78.67	65.16	65.16	64.68	64.68	63.82	63.82	57.89	55.72	54.71	51.21	50.79	50.58	50.58	50.59	50.58	50.59	50.59
Indian Promoter	87.82	87.82	87.82	79.13	100.00	100.00	100.00	80.40	78.67	65.16	64.72	64.23	64.23	63.38	63.38	57.46	55.30	54.39	50.89	50.60	50.38	50.38	50.38	50.38	50.38	50.38
Foreign Promoter	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	0.44	0.44	0.44	0.44	0.44	0.42	0.42	0.32	0.32	0.20	0.20	0.20	0.20	0.20	0.20	0.20
Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	14.42	15.05	16.80	17.10	17.00	16.35	22.57	24.36	25.26	27.92	29.18	30.41	31.31	33.24	33.85	34.48	35.24
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.62	5.39	6.84	7.07	8.17	7.57	9.87	10.89	11.89	13.69	14.38	15.56	15.98	17.90	18.61	20.16	20.33
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.29	0.00	0.00	0.00	0.00	0.00	0.34	0.34	0.37	0.30	0.67	0.88	0.75	0.75	0.60	1.39	1.51
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.47	7.61	7.49	7.34	6.49	6.69	10.41	11.28	11.20	12.28	12.61	12.56	13.13	13.29	12.60	10.89	11.33
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	2.04	2.05	2.48	2.68	2.34	2.09	1.96	1.85	1.79	1.65	1.53	1.41	1.45	1.30	2.04	2.04	2.07
Non-Institution	12.18	12.18	12.18	20.87	0.00	0.00	0.00	19.60	21.33	20.42	19.79	18.52	18.23	19.18	19.83	19.54	19.91	20.04	20.88	20.02	19.01	18.10	16.17	15.57	14.94	14.17
Bodies Corporate	0.00	0.00	0.00	8.29	0.00	0.00	0.00	0.00	0.00	-	6.46	5.55	5.01	4.84	4.33	4.08	4.37	4.36	4.54	4.23	3.91	3.89	3.68	3.63	3.53	3.39
Others (incl. Retail) No. of shareholders	12.18 0	12.18 11	12.18 11	12.58 0	0.00 0	0.00 0	0.00 0	19.60 0	21.33 0	20.42 12,676	13.33 13,156	12.97 13,754	13.22 14,552	14.34 15,806	15.50 21,465	15.46 26,831	15.54 29,423	15.68 31,990	16.34 35,452	15.79 39,311	15.10 42,440	14.21 40,996	12.49 39,992	11.94 39,825	11.41 38,143	10.78 36,468

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	SHI: Gems, Jewellery And Watches	3.97%	10 / 20
2	Nifty Microcap 250	0.38%	96 / 250
3	Nifty Total Market	0.02%	571 / 749

Prominent Investor Holdings

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Ethos Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Srinivasan Venkatachary Other	March-2025	Market Purchase (Acquisition) 31st Mar 2025	0.00 %	₹ 2,505.73	400.00	₹ 10.02 lac
Mahen Distribution Limited Promoter	March-2025	Market Sale (Disposal) 21st Mar 2025	3.25 %	₹ 2,538.27	30.00 k	₹ 7.61 cr
Mahen Distribution Limited Promoter	March-2025	Market Sale (Disposal) 21st Mar 2025	3.12 %	₹ 2,568.06	10.00 k	₹ 2.57 cr
Mahen Distribution Limited Promoter	January-2025	Market Sale (Disposal) 2nd Jan 2025	3.42 %	₹ 3,053.27	29.50 k	₹ 9.01 cr
Mahen Distribution Limited Promoter	January-2025	Market Sale (Disposal) 2nd Jan 2025	3.30 %	₹ 2,967.04	12.26 k	₹ 3.64 cr
Jai Vardhan Saboo Promoter Group	November-2024	Market Sale (Disposal) 27th Nov 2024	0.32 %	₹ 2,965.00	30.00 k	₹ 8.90 cr
VBL Innovations Private Limited Promoter Group	November-2024	Market Sale (Disposal) 26th Nov 2024	0.07 %	₹ 2,965.00	10.00 k	₹ 2.96 cr
Saboo Ventures LLP Promoter Group	November-2024	Market Sale (Disposal) 26th Nov 2024	0.27 %	₹ 2,965.00	30.00 k	₹ 8.89 cr
NAGARAJAN SUBRAMANIAN and GITA NAGARAJAN Other	September-2024	Market Sale (Disposal) 17th Sep 2024	0.09 %	₹ 3,474.00	1.98 k	₹ 68.79 lac
NAGARAJAN SUBRAMANIAN AND GITA NAGARAJAN Designated Person	September-2024	Market Sale (Disposal) 6th Sep 2024	0.09 %	₹ 3,429.00	990.00	₹ 33.95 lac

…

Corporate Actions

History of Ethos Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Rights Issue(4 new shares @ ₹1800 for 43 existing shares)
Ex-date: 12th Jun 2025Announced on: 3rd Jun 2025
"Rights ISIN INE04TZ20018 CINS Y234AQ125 SEDOL BVLFDM3."

Company Profile

Overview of Ethos Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Ethos Limited is an India-based luxury and premium watch retailer. The Companys business consists of retail trading of premium and luxury watches, accessories and other luxury items and rendering of related after-sale services. Its portfolio consists of premium, bridge-to-luxury, luxury, and high-lu...

Key personnel

Ms. Priya Grover

Compliance Officer, Company Secretary

Mr. Yashovardhan SabooD

Executive Chairman, Managing Director

Mr. Pranav Shankar SabooD

Chief Executive Officer, Managing Director, Executive Director

Mr. Munish GuptaD

Chief Financial Officer, Additional Executive Director

Mrs. Munisha GandhiD

Non-Executive Independent Woman Director

Mr. Anil KhannaD

Non-Executive Independent Director

Mr. Sundeep KumarD

Non-Executive Independent Director

Mr. Charu SharmaD

Non-Executive Independent Director

View all

Incorporated on

05 Nov 2007

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

1,069

IPO date

30 May 2022

Free Float

1,26,12,115

Website

https://www.ethoswatches.com/

Phone no.

+911722548223

Address

Sco 88-89, Sector 8-C, CHANDIGARH, 160009, India

Frequently Asked Questions

What is the current share price of Ethos Ltd.?

The current share price of Ethos Ltd. is ₹ 2,769.30 as of 8 Sep 2026.

What is the market capitalisation of Ethos Ltd.?

The market capitalisation of Ethos Ltd. stands at ₹ 7,410.09 Cr.

What is the PE ratio of Ethos Ltd.?

The Price-to-Earnings (PE) ratio of Ethos Ltd. is 70.97 as of the latest trailing twelve months data.

What is the ROE and ROCE of Ethos Ltd.?

Ethos Ltd. has a Return on Equity (ROE) of 7.67% and a Return on Capital Employed (ROCE) of 7.26% as per the latest financial reports.

What is the 52-week high and low of Ethos Ltd.?

The 52-week high of Ethos Ltd. is - and the 52-week low is -.

What is the dividend yield of Ethos Ltd.?

The dividend yield of Ethos Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Ethos Ltd.?

Foreign Institutional Investors (FII) hold 11.33%, Domestic Institutional Investors (DII) hold 21.84% and retail/public investors hold 10.78% of Ethos Ltd. shares.

What sector does Ethos Ltd. belong to?

Ethos Ltd. operates in the Consumer Durables sector.

What is the beta of Ethos Ltd.?

The beta of Ethos Ltd. is 1.01, indicating its price volatility relative to the broader market. Over the past 1 year, Ethos Ltd. has delivered an absolute return of 19.42%.

What is the RSI of Ethos Ltd.?

The 14-day Relative Strength Index (RSI) of Ethos Ltd. is 46.77, placing it in the neutral zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Ethos Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Ethos Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Corporate Actions

Holdings and Presence