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ETHOS

ETHOS Latest Share Price (ETHOSLTD)

TechnicalsTV Chart
2,613.30
19.50+0.75%
Overall Score41/100
Day range2,556
₹2,613.30
2,639
52-week1,919
₹2,613.30
3,246
Above low+36.2%
Below high19.5%
Range position52%
Open2,593.80
Prev Close2,593.80
Bid2,613.17100
Ask2,613.43100

TODAY IN ONE LINE

ETHOSLTD edged up 0.8% on above-average volume (2.8x avg), outperforming Nifty's -0.4% move.

With a market cap of ₹6,942.15 Cr., it trades at a P/E of 66.67. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume48.8K+40%vs 20D avg
Price Band20
Lower Band2,120.8
Upper Band3,181.2
Tick Size0.10
Daily Volatility2.30%
Annualised Vol43.94%
Market Cap₹6,942.15 Cr.
Promoter50.38%
Face Value₹10
Fwd P/E36.06
PEG1.14
EV/EBITDA19.49
P/S4.02
ROA4.1%
Beta0.95
Div Payout
THE STOCK SCORE
Overall Score41/100
Updated 22 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

ETHOS flags & news 

Key strengths, potential risks, and recent updates.

3 green flags🚩 3 red flags

Green Flags

  • High Promoter HoldingPromoters hold 50.4% skin-in-the-game
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Earnings DeclineEPS (TTM) has contracted by 11.7% YoY
  • Poor Capital ReturnsLow ROE of 6.4%
  • Expensive ValuationTrading at a high P/E ratio of 69.4x

Latest ETHOS News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

15 SEPT 2026
corporate
Shareholders meeting - Ethos Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held o...
View PDF
15 SEPT 2026
corporate
Shareholders meeting - Ethos Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on Sept...
View PDF
🔒Prime: full history + alerts on this stock
Valuation

ETHOS valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for ETHOS, framed against the sector median so the premium or discount is obvious at a glance.

ETHOS trades at a P/E of 66.67× and P/B of 4.68×.

Key MetricsMarket + reported · 22 Sept 2026Consolidated

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

Valuation

Market Cap
₹6,942.15 Cr.
P/E Ratio
66.67
P/B Ratio
4.68
EPS
₹38.86
Profitability

Profitability

ROE
6.41%
ROCE
8.21%
Net Margin
5.88%
Op Margin
9.55%
Growth

Growth

EPS YoY
-11.7%
Revenue YoY
33%
Qtr Sales
2.48%
Qtr Profit
2.4%
Financial Health

Financial Health

Debt / Equity
Book Value
₹556.07
Div Yield
Promoter Holding
50.38%
Technicals

ETHOS technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for ETHOS — derived from the latest tape, not yesterday's close.

ETHOS last traded at ₹2,613.3 with an intraday range of ₹2,555.6–₹2,638.5 — latest indicator, pivot and CPR signals below.

Last updated: 22 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹2613.30
LevelPrice (₹)Distance% Δ
R42815.13+201.83+7.72%
R32732.23+118.93+4.55%
R22685.37+72.07+2.76%
R12649.33+36.03+1.38%
PIVOT2602.47-10.83-0.41%
CURRENT2613.30
S12566.43-46.87-1.79%
S22519.57-93.73-3.59%
S32483.53-129.77-4.97%
S42400.63-212.67-8.14%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 2597.05P: 2602.47TC: 2607.88
R1
R2
R3
R4
indicator
LTP: 2613.30
PDH: 2686.90
PDL: 2575.00
● Market Sentiment

ETHOSLTD is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Average

● Opening Range

Day's range: 2593.82626.6

● Price Position

Trading Inside opening range

Financials

ETHOS financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for ETHOS — consolidated or standalone — with margins, YoY growth and key ratios inline.

ETHOS reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹6,942.15 Cr. and reported EPS of ₹38.86.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations1,252
1,612
28.8%
Sales Growth YoY %Derived25.29%
28.81%
Other Income24
46
90.0%
Total Income1,276
1,658
30.0%
877
1,145
30.6%
Gross ProfitDerived375
467
24.6%
Gross Margin %Derived29.96%
28.97%
185
259
40.2%
EBITDA (Operating Profit)Derived190
208
9.3%
OPM %Derived15.19%
12.89%
82
115
39.3%
Profit Before Tax (PBT)132
135
2.7%
34
35
2.8%
Effective Tax %Derived25.61%
25.63%
Total Profit for Period96
96
0.2%
Less: Non-controlling Interests
1
Net Profit (Owner's PAT)Derived96
95
1.6%
Net Profit Margin %Derived7.69%
5.88%
PAT Growth YoY %Derived15.60%
-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 RevenueDerived6.82%
7.28%
Other Cost % of RevenueDerived7.95%
8.80%
Interest Coverage (x)Derived6.54x
4.35x
Sales CAGR · 3Y
+26.9%
PAT CAGR · 3Y
+16.3%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

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

Thesis

The Bull, Bear, and Flip case for ETHOS.

Our AI distills the core fundamental drivers supporting ETHOS, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

ETHOS's investment case rests on 10 positive markers and 10 flagged concerns drawn from the latest reported filings.

bull case

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 0.0000x, 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 50.38% signals long-term commitment and governance alignment.

bear case

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 2.34% YoY, reflecting margin compression and operational challenges.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 87 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.

  • Return-quality risk. ROE below 8% would indicate weaker capital compounding.

Shareholding

ETHOS shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in ETHOS — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Public14.17%0.77%
DII23.91%0.32%
Promoters50.38%
FII11.33%0.44%
Promoter0.20%

Ownership Distribution

Retail & Public
14.17%
Domestic Institutions
23.91%
Promoters
50.38%
Foreign Institutions
11.33%
Promoter Foreign
0.20%

Category Trends

Foreign Institutions Breakdown
Total Holding: 11.33%
Net Change: +0.44%
Category Total11.33%
Total Holding11.33%
Net Change+0.44%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 7.85%, but category aggregate is 11.33%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
EASTSPRING INVESTMENTS INDIA FUND
2.10%
0.00%
0.00%
Jun 2026
JUPITER INDIA FUND
1.87%
0.13%
-0.13%
Jun 2026
HARA GLOBAL CAPITAL MASTER FUND I LTD
1.49%
0.09%
+0.09%
Jun 2026
EASTSPRING INVESTMENTS INDIA CONSUMER EQUITY OPEN
1.21%
0.00%
0.00%
Jun 2026
FLC INVESTCO, LLC
1.18%
1.18%
+1.18%
Jun 2026
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY P
0.00%
0.00%
0.00%
Jun 2026
Nomura Singapore Limited
0.00%
0.00%
0.00%
Jun 2026
SAINT CAPITAL FUND
0.00%
0.00%
0.00%
Jun 2026
Peers

ETHOS peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — ETHOS is highlighted for quick read-across.

09 · Chart Patterns

ETHOS chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for ETHOS — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

ETHOS delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for ETHOS over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in ETHOS stood at 58.8% of traded volume, against a 20-day average of 50.6%.

Avg Delivery (20D)50.6%+8.2 ppt latest vs avg
Highest Delivery69.7%on 04 Sept
Avg Volume (20D)35.0 K20-day run-rate
Conviction Trend↑ Strengthening+8.2 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

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 180 documents below.

  1. 15 Sept 2026Shareholders meetingView PDF

    Shareholders meeting

    Ethos Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 15, 2026. Further, the company has…

  2. 15 Sept 2026Shareholders meetingView PDF

    Shareholders meeting

    Ethos Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 15, 2026

  3. 11 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Ethos Limited has informed the Exchange about Schedule of meet

  4. 11 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Ethos Limited has informed the Exchange about Schedule of meet

  5. 09 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Ethos Limited has informed the Exchange about Schedule of meet

Corporate Actions

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.

Insider Activity

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).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
Srinivasan VenkatacharyInsider29 Mar 2025buy+400₹10.02 L₹2,505.72
Mahen Distribution LimitedInsider20 Mar 2025sell10.0 K₹2.57 Cr.₹2,568.06
Mahen Distribution LimitedInsider19 Mar 2025sell30.0 K₹7.61 Cr.₹2,538.27
MAHEN DISTRIBUTION LIMITEDInsider31 Dec 2024sell7.95 L₹3.64 Cr.₹45.77
MAHEN DISTRIBUTION LIMITEDInsider30 Dec 2024sell8.07 L₹9.01 Cr.₹111.61
About the Company

About ETHOS: business, sector, key facts.

What ETHOS does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

ETHOS operates in the Gems Jewellery And Watches industry under the Consumer Durables sector, listed as NSE: ETHOSLTD, BSE: 543532.

ETHOSLTD
Consumer Durables

ETHOS

NSE · ETHOSLTD·BSE · 543532·www.ethoswatches.com

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.

company facts
Employees
SectorConsumer Durables
HeadquartersGurugram, India
Market Cap₹6,942.15 Cr.
Listed OnNSE
leadership27 on record
Mr. Abhishek Kumar
Vice President - Human Resource
Mr. Anil Khanna
Non-Executive Independent Director
Mr. Charu Sharma
Additional Independent Director
Mr. Dilpreet Singh
Non-Executive Independent Director
Mr. Gurshaan Singh
Vice President - Marketing
Mr. Manoj Gupta
Executive Director
Mr. Mukul K. Khanna
COO & Additional Whole time Director
Mr. Mukul Krishan Khanna
Chief Operating Officer
Mr. Munish Gupta
CFO & Executive Director
Mr. Munish Gupta
Chief Financial Officer
Mr. Pranav Saboo
Chief Executive Officer, Managing Director
Mr. Pranav Shankar Saboo
CEO, Additional MD & Director
§ ∞ · Plainly Answered

Questions investors ask about ETHOS (ETHOSLTD).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of ETHOS (ETHOSLTD)?

The current share price of ETHOS (ETHOSLTD) is ₹2,613.30. Today, the stock has gained by ₹19.50 (0.75%), trading in a range of ₹2,555.60 to ₹2,638.50. The stock opened at ₹2,593.80 with a trading volume of 48,788 shares.

02Is ETHOS stock a good investment for long-term?

ETHOS can be considered for long-term investment based on several factors. The company has a market capitalization of ₹6,942.15 Cr., P/E ratio of 66.67, ROE of 6.41%, and ROCE of 8.21%. 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 stock?

The 52-week high price of ETHOS (ETHOSLTD) is ₹3,245.90, while the 52-week low is ₹1,919.40. Currently trading at ₹2,613.30, the stock is 36.15% above its 52-week low and 19.49% 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 stock at the current price?

Whether to buy ETHOS stock at ₹2,613.30 depends on multiple factors. The stock is currently trading with a P/E ratio of 66.67 and P/B ratio of 4.68. Today's performance shows a gain of 0.75%. 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 and when is the next dividend?

ETHOS offers a dividend yield of 0%, which means for every ₹100 invested at the current price of ₹2,613.30, 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?

ETHOS's key financial metrics include: P/E Ratio: 66.67, P/B Ratio: 4.68, ROE: 6.41%, ROCE: 8.21%, Dividend Yield: 0%, EPS: ₹38.86, Book Value: ₹556.07, and Debt-to-Equity: 0. The company's market cap stands at ₹6,942.15 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is ETHOS stock performing today in the market?

ETHOS stock opened at ₹2,593.80 and is currently trading at ₹2,613.30, showing a gain of ₹19.50 (0.75%). The intraday high is ₹2,638.50 and low is ₹2,555.60. The trading volume stands at 48,788 shares, indicating moderate market participation today.

08What is the P/E ratio of ETHOS and what does it indicate?

ETHOS has a Price-to-Earnings (P/E) ratio of 66.67, which means investors are willing to pay 66.67 for every ₹1 of earnings. With an EPS of ₹38.86, 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.

Disclaimer

The data, ratios and commentary about ETHOS (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.