
Ethos Latest Share Price (ETHOSLTD)
TODAY IN ONE LINE
ETHOSLTD fell 1.5% on above-average volume (3.4x avg), lagging Nifty's -0.3% move, supported by recent strong earnings.
With a market cap of ₹7,415.09 Cr., it trades at a P/E of 72.41. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.
How good is this company?
Overall performance across 5 key dimensions.
Ethos flags & news
Key strengths, potential risks, and recent updates.
Green Flags
- ●High Promoter HoldingPromoters hold 50.6% skin-in-the-game
- ●Virtually Debt-FreeVery low Debt-to-Equity of 0.22x
- ●Zero Pledge RiskNo recent active promoter pledging found
Red Flags
- ●Earnings DeclineEPS (TTM) has contracted by 11.7% YoY
- ●Poor Capital ReturnsLow ROE of 7.8%
- ●Expensive ValuationTrading at a high P/E ratio of 69.4x
Latest Ethos News
What changed recently?
Recent events, corporate actions, and announcements.
Ethos Limited valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Ethos Limited, framed against the sector median so the premium or discount is obvious at a glance.
Ethos Limited trades at a P/E of 72.41× and P/B of 5.08×.
Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.
Valuation
Profitability
Growth
Financial Health
Ethos Limited technical analysis: indicators, pivots and CPR.
Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for Ethos Limited — derived from the latest tape, not yesterday's close.
Ethos Limited last traded at ₹2,782.1 with an intraday range of ₹2,725.8–₹2,848 — latest indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Last: ₹2782.10| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 3089.20 | +307.10 | +11.04% |
| R3 | 2967.00 | +184.90 | +6.65% |
| R2 | 2907.50 | +125.40 | +4.51% |
| R1 | 2844.80 | +62.70 | +2.25% |
| PIVOT | 2785.30 | 3.20 | 0.12% |
| CURRENT | 2782.10 | — | — |
| S1 | 2722.60 | -59.50 | -2.14% |
| S2 | 2663.10 | -119.00 | -4.28% |
| S3 | 2600.40 | -181.70 | -6.53% |
| S4 | 2478.20 | -303.90 | -10.92% |
ETHOSLTD is trading Below CPR, indicating Bearishness
CPR is Narrower, suggesting likely for trending moves
Day's range: ₹2803.1–₹2848
Trading Below opening range, showing Bearishness
Ethos Limited financials: P&L, balance sheet, cash flow, ratios.
Reported annual and quarterly results for Ethos Limited — consolidated or standalone — with margins, YoY growth and key ratios inline.
Ethos Limited reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹7,415.09 Cr. and reported EPS of ₹38.83.
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue from Operations | 1,252 | 1,612 ▲ 28.8% |
| Sales Growth YoY %Derived | 25.29% | 28.81% |
| Other Income | 24 | 46 ▲ 90.0% |
| Total Income | 1,276 | 1,658 ▲ 30.0% |
| 877 | 1,145 ▲ 30.6% | |
| Gross ProfitDerived | 375 | 467 ▲ 24.6% |
| Gross Margin %Derived | 29.96% | 28.97% |
| 185 | 259 ▲ 40.2% | |
| EBITDA (Operating Profit)Derived | 190 | 208 ▲ 9.3% |
| OPM %Derived | 15.19% | 12.89% |
| 82 | 115 ▲ 39.3% | |
| Profit Before Tax (PBT) | 132 | 135 ▲ 2.7% |
| 34 | 35 ▲ 2.8% | |
| Effective Tax %Derived | 25.61% | 25.63% |
| Total Profit for Period | 96 | 96 ▼ 0.2% |
| Less: Non-controlling Interests | — | 1 |
| Net Profit (Owner's PAT)Derived | 96 | 95 ▼ 1.6% |
| Net Profit Margin %Derived | 7.69% | 5.88% |
| PAT Growth YoY %Derived | 15.60% | -1.58% |
| Earnings Per Share (EPS ₹) | 35.99 | 35.42 ▼ 1.6% |
| Diluted Shares Outstanding (Cr) | 3 | 3 ▼ 0.0% |
| Share of Profit from Associates/JVs | -2 | -5 ▼ 146.3% |
| Other Comprehensive Income (Net of Tax) | 2 | 5 ▲ 143.9% |
| Total Expenses (incl. D&A & Interest) | 1,144 | 1,523 ▲ 33.1% |
| Material Cost % of RevenueDerived | — | — |
| Employee Cost % of RevenueDerived | 6.82% | 7.28% |
| Other Cost % of RevenueDerived | 7.95% | 8.80% |
| Interest Coverage (x)Derived | 6.54x | 4.35x |
| Period | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Trend |
|---|---|---|---|---|---|---|
| Revenue from Operations | 577 | 789 ▲ 36.6% | 999 ▲ 26.7% | 1,252 ▲ 25.3% | 1,612 ▲ 28.8% | |
| Sales Growth YoY %Derived | — | 36.59% | 26.69% | 25.29% | 28.81% | |
| Other Income | 13 | 15 ▲ 13.9% | 24 ▲ 62.2% | 24 ▲ 2.9% | 46 ▲ 90.0% | |
| Total Income | 590 | 803 ▲ 36.1% | 1,023 ▲ 27.3% | 1,276 ▲ 24.8% | 1,658 ▲ 30.0% | |
411 | 544 ▲ 32.4% | 698 ▲ 28.3% | 877 ▲ 25.5% | 1,145 ▲ 30.6% | ||
| Gross ProfitDerived | 166 | 244 ▲ 46.9% | 301 ▲ 23.1% | 375 ▲ 24.7% | 467 ▲ 24.6% | |
| Gross Margin %Derived | 28.78% | 30.96% | 30.09% | 29.96% | 28.97% | |
99 | 130 ▲ 30.7% | 149 ▲ 14.8% | 185 ▲ 24.1% | 259 ▲ 40.2% | ||
| EBITDA (Operating Profit)Derived | 67 | 114 ▲ 71.0% | 152 ▲ 32.6% | 190 ▲ 25.3% | 208 ▲ 9.3% | |
| OPM %Derived | 11.59% | 14.51% | 15.19% | 15.19% | 12.89% | |
48 | 49 ▲ 1.3% | 65 ▲ 32.6% | 82 ▲ 27.4% | 115 ▲ 39.3% | ||
| Profit Before Tax (PBT) | 32 | 80 ▲ 154.5% | 111 ▲ 38.0% | 132 ▲ 19.2% | 135 ▲ 2.7% | |
8 | 20 ▲ 150.4% | 28 ▲ 37.5% | 34 ▲ 20.6% | 35 ▲ 2.8% | ||
| Effective Tax %Derived | 25.83% | 25.42% | 25.32% | 25.61% | 25.63% | |
| Total Profit for Period | 23 | 60 ▲ 157.8% | 83 ▲ 38.1% | 96 ▲ 15.6% | 96 ▼ 0.2% | |
| Less: Non-controlling Interests | — | — | — | — | 1 | |
| Net Profit (Owner's PAT)Derived | 23 | 60 ▲ 157.8% | 83 ▲ 38.1% | 96 ▲ 15.6% | 95 ▼ 1.6% | |
| Net Profit Margin %Derived | 4.05% | 7.65% | 8.34% | 7.69% | 5.88% | |
| PAT Growth YoY %Derived | — | 157.82% | 38.14% | 15.60% | -1.58% | |
| Earnings Per Share (EPS ₹) | 9.16 | 23.63 ▲ 158.0% | 31.13 ▲ 31.7% | 35.99 ▲ 15.6% | 35.42 ▼ 1.6% | |
| Diluted Shares Outstanding (Cr) | 3 | 3 ▲ 0.0% | 3 ▲ 4.8% | 3 ▲ 0.0% | 3 ▼ 0.0% | |
| Share of Profit from Associates/JVs | 0 | 0 ▲ 1971.7% | 1 ▲ 35.5% | -2 ▼ 376.3% | -5 ▼ 146.3% | |
| Other Comprehensive Income (Net of Tax) | 0 | -0 ▼ 2487.0% | -0 ▼ 42.1% | 2 ▲ 561.9% | 5 ▲ 143.9% | |
| Total Expenses (incl. D&A & Interest) | 559 | 723 ▲ 29.4% | 912 ▲ 26.2% | 1,144 ▲ 25.4% | 1,523 ▲ 33.1% | |
| Material Cost % of RevenueDerived | — | — | — | — | — | |
| Employee Cost % of RevenueDerived | 7.34% | 6.68% | 7.04% | 6.82% | 7.28% | |
| Other Cost % of RevenueDerived | 9.85% | 9.77% | 7.86% | 7.95% | 8.80% | |
| Interest Coverage (x)Derived | 2.12x | 5.63x | 6.43x | 6.54x | 4.35x |
Ethos segment analysis : revenue and profit mix.
Disclosed business segments at Ethos with their share of revenue and profit, switchable between consolidated and standalone reporting.
Ethos discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
The Bull, Bear, and Flip case for Ethos Limited.
Our AI distills the core fundamental drivers supporting Ethos Limited, the risks that threaten it, and the quantitative conditions that could weaken the thesis.
Ethos Limited's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Strong quarterly sales growth of 33% YoY demonstrates robust demand momentum in luxury segment.
Exceptional financial flexibility with debt-to-equity ratio of 0.0022x, lowest among peers.
Operating margin of 7.34% reflects efficient cost management despite expansion phase.
Positive operating cash flow of ₹102.48 Cr in FY2026 supports reinvestment and growth.
Promoter holding stable at 50.58% signals long-term commitment and governance alignment.
Key Risks.
Latest quarterly EPS declined 3.3% YoY despite revenue growth, indicating earnings volatility.
TTM EPS declined 11.7% YoY, reflecting sustained earnings contraction and profitability pressure.
High P/E ratio of 69.43x signals potential overvaluation at current price levels.
Zero dividend yield limits income appeal for dividend-seeking and conservative investors.
Quarterly PAT fell 16.6% YoY, reflecting margin compression and operational challenges.
Flip Conditions.
Valuation risk. a P/E above 94 would leave less room for earnings disappointment.
Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 1.00. Balance sheet risk re-prices growth multiples fast.
Return-quality risk. ROE below 8% would indicate weaker capital compounding.
Ethos Limited peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Ethos Limited is highlighted for quick read-across.
Quick Compare
Peer Comparison
| Company Name |
|---|
Ethos Limited chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Ethos Limited — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
- 1Pick how to scan. Detection sets sensitivity — Daily (standard) → Weekly (big swings). History sets how far back to look.
- 2Read the summary. The tiles at the top give the current read: net bias, the strongest pattern, and the one nearest to triggering.
- 3Scan the list. Use the Actionable, Watchlist, and History tabs to browse patterns. Click a pattern card to focus it.
- 4Inspect on the chart. Focusing draws the pattern’s pivots plus its break (blue), target (amber) and invalidation lines.
- 5Filter to what matters. Use the status controls (Confirmed, Forming, Invalidated) to hide noise and find exactly what you are looking for.
Pattern history — every completed pattern and its outcome
Ethos Limited delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Ethos Limited over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Ethos Limited stood at 40.8% of traded volume, against a 20-day average of 37.2%.
Ethos announcements: results, concalls, ratings, M&A.
Filings Ethos sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Ethos files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 156 documents below.
Updates
Ethos Limited has informed the Exchange regarding 'Opening of Ethos Watch Boutiques at Amritsar'.
Reply to Clarification- Financial results
The Exchange had sought clarification from Ethos Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (Listing…
Change in Company Secretary/Compliance Officer
Ethos Limited has informed the Exchange about Change in Company Secretary/Compliance Officer
Certificate under SEBI (Depositories and Participants) Regulations, 2018
Ethos Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018
Disclosure under SEBI Takeover Regulations
Ethos Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) and 31 (5) of the Securities and Exchange Board of India…
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Updates
Ethos dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Ethos has declared, sequenced by announce and record date.
Ethos corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
Ethos insider trading: promoter and management activity.
Promoter, director and designated-employee transactions in Ethos as reported to SEBI — buying and selling signals from the people who know the business best.
Ethos insider activity below tracks 5 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).
| Insider | Category | Txn Date | Action | Quantity | Value (₹) | Price |
|---|---|---|---|---|---|---|
| Srinivasan Venkatachary | Insider | 29 Mar 2025 | buy | +400 | ₹10.02 L | ₹2,505.72 |
| Mahen Distribution Limited | Insider | 20 Mar 2025 | sell | −10.0 K | ₹2.57 Cr. | ₹2,568.06 |
| Mahen Distribution Limited | Insider | 19 Mar 2025 | sell | −30.0 K | ₹7.61 Cr. | ₹2,538.27 |
| MAHEN DISTRIBUTION LIMITED | Insider | 31 Dec 2024 | sell | −7.95 L | ₹3.64 Cr. | ₹45.77 |
| MAHEN DISTRIBUTION LIMITED | Insider | 30 Dec 2024 | sell | −8.07 L | ₹9.01 Cr. | ₹111.61 |
About Ethos Limited: business, sector, key facts.
What Ethos Limited does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Ethos Limited operates in the Gems Jewellery And Watches industry under the Consumer Durables sector, listed as NSE: ETHOSLTD, BSE: 543532.

ETHOS Limited is a prominent luxury retailer specializing in high-end timepieces and related accessories within the Indian market. Their business model centers around a network of exclusive boutiques strategically located across India, providing a premium shopping experience for discerning clientele. This physical presence allows for personalized service and the opportunity to view and interact with a diverse range of luxury goods.
The company's product portfolio is extensive, encompassing a broad selection of new and pre-owned luxury watches from internationally recognized brands. This includes established names such as Omega, Rolex, Patek Philippe, and a wide array of other prestigious manufacturers. Beyond watches, ETHOS offers complementary luxury items including jewelry, jewelry boxes, watch straps and winders, clocks, collector boxes, and even luxury luggage, creating a one-stop shop for the discerning luxury consumer.
A significant aspect of ETHOS Limited's business is its commitment to after-sales service and repair. The company provides a comprehensive range of maintenance and repair services for watches, covering procedures such as movement overhauling, battery replacements, ultrasonic cleaning, polishing, performance testing, and replacement of parts and straps. This dedication to customer care extends the lifespan and value of the luxury items they sell, fostering customer loyalty and trust.
Recognizing the evolving landscape of retail, ETHOS Limited has also embraced online sales. Their online presence extends the reach of their luxury offerings to a wider customer base, providing a convenient platform to browse and purchase their extensive catalog of products. This multi-channel approach combines the personalized experience of their physical boutiques with the accessibility of online shopping, catering to a diverse customer preference.
In summary, ETHOS Limited’s business model thrives on a curated selection of luxury watches and complementary accessories, coupled with superior customer service and a convenient multi-channel approach. Their established presence in India, dedication to after-sales service, and commitment to offering a diverse portfolio of prestigious brands positions them as a key player in the Indian luxury market.
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Questions investors ask about Ethos Limited (ETHOSLTD).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Ethos Limited (ETHOSLTD)?
The current share price of Ethos Limited (ETHOSLTD) is ₹2,782.10. Today, the stock has declined by ₹42.40 (1.5%), trading in a range of ₹2,725.80 to ₹2,848.00. The stock opened at ₹2,824.50 with a trading volume of 59,227 shares.
02Is Ethos Limited stock a good investment for long-term?
Ethos Limited can be considered for long-term investment based on several factors. The company has a market capitalization of ₹7,415.09 Cr., P/E ratio of 72.41, ROE of 7.77%, and ROCE of 9.82%. The dividend yield stands at 0%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Ethos Limited stock?
The 52-week high price of Ethos Limited (ETHOSLTD) is ₹3,245.90, while the 52-week low is ₹1,919.40. Currently trading at ₹2,782.10, the stock is 44.95% above its 52-week low and 14.29% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Ethos Limited stock at the current price?
Whether to buy Ethos Limited stock at ₹2,782.10 depends on multiple factors. The stock is currently trading with a P/E ratio of 72.41 and P/B ratio of 5.08. Today's performance shows a loss of 1.5%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Ethos Limited and when is the next dividend?
Ethos Limited offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹2,782.10, you can expect to receive approximately ₹0.00 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Ethos Limited?
Ethos Limited's key financial metrics include: P/E Ratio: 72.41, P/B Ratio: 5.08, ROE: 7.77%, ROCE: 9.82%, Dividend Yield: 0%, EPS: ₹38.83, Book Value: ₹556.07, and Debt-to-Equity: 0.22. The company's market cap stands at ₹7,415.09 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Ethos Limited stock performing today in the market?
Ethos Limited stock opened at ₹2,824.50 and is currently trading at ₹2,782.10, showing a decline of ₹42.40 (1.5%). The intraday high is ₹2,848.00 and low is ₹2,725.80. The trading volume stands at 59,227 shares, indicating moderate market participation today.
08What is the P/E ratio of Ethos Limited and what does it indicate?
Ethos Limited has a Price-to-Earnings (P/E) ratio of 72.41, which means investors are willing to pay 72.41 for every ₹1 of earnings. With an EPS of ₹38.83, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Ethos Limited (ETHOSLTD) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.