Ethos Limited Share Price & Analysis
₹2,632.4▼ -0.81%Updated 21 Jul 2026, 05:01 pm IST
LTP
₹2,632.4
-0.81%
Open
₹—
High
₹2,699
Low
₹2,609.3
Close
₹2,632.4
52W High
₹3,246
52W Low
₹1,919
Volume
17K
Lot Size
1
Sector
Consumer Durables
Market Cap
₹7K Cr
Face Value
₹10
Mid Cap
Price Chart
Fundamentals
P/E
74.2
Sector P/E
48
P/B
4.73
EPS
₹35.86
ROE
7.77%
ROCE
9.82%
D/E Ratio
0.22
Div Yield
0%
Book Value
₹556
+
Strengths
- ✓Low debt relative to equity (D/E 0.2x)
−
Concerns
- ✗Premium to sector peers (P/E 74.2x vs industry 48x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| TITAN Titan Company Limited | ₹4,709 | ₹4.1L Cr | 80 | 26.61 | 37.7 | 20.5 | 0.97 |
| ASIANPAINT Asian Paints Limited | ₹2,690 | ₹2.6L Cr | 58.1 | 12.06 | 21.8 | 26.3 | 0.18 |
| LGEINDIA LG Electronics India Limited | ₹1,564 -0.82% | ₹1.0L Cr | 62.26 | 15.23 | 24.72 | — | 0.06 |
| DIXON Dixon Technologies (India) Limited | ₹13,855 | ₹88K Cr | 60.9 | 18.02 | 37.4 | 42 | 0.34 |
| HAVELLS Havells India Limited | ₹1,209 | ₹75K Cr | 44.7 | 8.01 | 19 | 24.9 | 0.03 |
| KALYANKJIL Kalyan Jewellers India Limited | ₹595 | ₹59K Cr | 43 | 9.74 | 24.8 | 20.5 | 1 |
| BERGEPAINT Berger Paints (I) Limited | ₹506 +3.2% | ₹58K Cr | 49.3 | 8.54 | 17.8 | 22.2 | 0.11 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ETHOSLTD · as of Mar 2026
Promoters50.58%▼0.21
FII12.56%▼0.05
DII17.85%▲1.27
Public19.01%▼1.01
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 57.88% | 55.72% | 54.70% | 51.20% | 50.79% | 50.58% |
| FII | 10.41% | 11.28% | 11.20% | 12.28% | 12.61% | 12.56% |
| DII | 12.17% | 13.08% | 14.04% | 15.64% | 16.58% | 17.85% |
| Public | 19.54% | 19.92% | 20.04% | 20.88% | 20.02% | 19.01% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026
Results11 May 2026
Rights 4:43@ Premium Rs 1790/-
Rights11 Jun 2025
Annual General Meeting
AGM19 Sept 2024
Annual General Meeting
AGM21 Sept 2023
Latest News
All news →Ethos to host GPHG exhibition in India
*Ethos to host GPHG exhibition in India*. Ethos Limited announced it will host the Grand Prix d’Horlogerie de Genève (GPHG) exhibition in India on **July 02, 2026**. The event aims to elevate luxury watch visibility and strengthen Ethos’s brand positioning in the premium segment. While not a revenue driver immediately, it enhances long-term brand equity. 📊 *STOCKS:* ETHOS | 🏢 *SECTOR:* Corporate | #LOWIMPACT #Event
NSE Filing2 Jul
Ethos opens new watch boutiques in Vizag, Andhra Pradesh
*Ethos opens new watch boutiques in Vizag, Andhra Pradesh.* The company has launched Ethos Watch Boutiques in Vizag, Andhra Pradesh, marking a strategic retail expansion. This move aims to strengthen its presence in tier-2 cities. While incremental, the rollout supports long-term brand visibility and distribution. 📊 *STOCKS:* ETHOS | 🏢 *SECTOR:* Retail | #LOWIMPACT #Retail
NSE Filing23 Jun
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹469 Cr ▲22.5% | ₹383 Cr ▲10.7% | ₹346 Cr ▲11.3% | ₹311 Cr ▼15.9% | ₹370 Cr ▲24.6% | ₹297 Cr ▲8.8% | ₹273 Cr ▲7.9% | ₹253 Cr |
| Op. Profit | ₹61 Cr ▲27.1% | ₹48 Cr ▲6.7% | ₹45 Cr ▼2.2% | ₹46 Cr ▼19.3% | ₹57 Cr ▲35.7% | ₹42 Cr ▼2.3% | ₹43 Cr ▲19.4% | ₹36 Cr |
| OPM | 13.0% ▲8.3% | 12.0% ▼7.7% | 13.0% ▼13.3% | 15.0% ▲0.0% | 15.0% ▲7.1% | 14.0% ▼12.5% | 16.0% ▲14.3% | 14.0% |
| Net Profit | ₹31 Cr ▲29.2% | ₹24 Cr ▲26.3% | ₹19 Cr ▼17.4% | ₹23 Cr ▼20.7% | ₹29 Cr ▲38.1% | ₹21 Cr ▼8.7% | ₹23 Cr ▲9.5% | ₹21 Cr |
| EPS (₹) | 11.37 ▲27.9% | 8.89 ▲25.0% | 7.11 ▼16.3% | 8.49 ▼22.8% | 11 ▲38.7% | 7.93 ▼6.8% | 8.51 ▲8.4% | 7.85 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.6K Cr ▲28.8% | ₹1.3K Cr ▲25.3% | ₹999 Cr ▲26.6% | ₹789 Cr ▲36.7% | ₹577 Cr ▲49.1% | ₹387 Cr ▼15.5% | ₹458 Cr ▲3.2% | ₹444 Cr |
| Expenses | ₹1.4K Cr ▲33.6% | ₹1.1K Cr ▲25.4% | ₹841 Cr ▲25.9% | ₹668 Cr ▲32.3% | ₹505 Cr ▲46.8% | ₹344 Cr ▼14.4% | ₹402 Cr ▼1.2% | ₹407 Cr |
| Op. Profit | ₹203 Cr ▲3.0% | ₹197 Cr ▲24.7% | ₹158 Cr ▲31.7% | ₹120 Cr ▲66.7% | ₹72 Cr ▲67.4% | ₹43 Cr ▼23.2% | ₹56 Cr ▲55.6% | ₹36 Cr |
| OPM | 13.0% ▼18.8% | 16.0% ▲0.0% | 16.0% ▲6.7% | 15.0% ▲25.0% | 12.0% ▲9.1% | 11.0% ▼8.3% | 12.0% ▲50.0% | 8.0% |
| Other Income | ₹44 Cr ▲83.3% | ₹24 Cr ▲0.0% | ₹24 Cr ▲60.0% | ₹15 Cr ▲15.4% | ₹13 Cr ▼23.5% | ₹17 Cr ▲750.0% | ₹2 Cr ▲0.0% | ₹2 Cr |
| Interest | ₹27 Cr ▲0.0% | ₹27 Cr ▲22.7% | ₹22 Cr ▲10.0% | ₹20 Cr ▼4.8% | ₹21 Cr ▲5.0% | ₹20 Cr ▼16.7% | ₹24 Cr ▲118.2% | ₹11 Cr |
| Depreciation | ₹89 Cr ▲41.3% | ₹63 Cr ▲28.6% | ₹49 Cr ▲40.0% | ₹35 Cr ▲9.4% | ₹32 Cr ▼3.0% | ₹33 Cr ▲0.0% | ₹33 Cr ▲560.0% | ₹5 Cr |
| PBT | ₹131 Cr ▲0.8% | ₹130 Cr ▲17.1% | ₹111 Cr ▲37.0% | ₹81 Cr ▲153.1% | ₹32 Cr ▲357.1% | ₹7 Cr ▲250.0% | ₹2 Cr ▼90.9% | ₹22 Cr |
| Tax % | 27.0% ▲3.8% | 26.0% ▲4.0% | 25.0% ▲0.0% | 25.0% ▼3.8% | 26.0% ▼10.3% | 29.0% ▼82.7% | 168.0% ▲330.8% | 39.0% |
| Net Profit | ₹96 Cr ▲0.0% | ₹96 Cr ▲15.7% | ₹83 Cr ▲38.3% | ₹60 Cr ▲160.9% | ₹23 Cr ▲360.0% | ₹5 Cr ▲600.0% | ₹-1 Cr ▼107.7% | ₹13 Cr |
| EPS (₹) | 35.42 ▼1.4% | 35.93 ▲15.6% | 31.08 ▲31.4% | 23.65 ▲111.3% | 11.19 ▲368.2% | 2.39 ▲456.7% | -0.67 ▼109.3% | 7.23 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Liabilities | |||||||||
| Equity Capital | ₹27 Cr ▲0.0% | ₹27 Cr ▲12.5% | ₹24 Cr ▲0.0% | ₹24 Cr ▲4.3% | ₹23 Cr ▲21.1% | ₹19 Cr ▲5.6% | ₹18 Cr ▲0.0% | ₹18 Cr ▲5.9% | ₹17 Cr |
| Reserves | ₹1.5K Cr ▲3.8% | ₹1.4K Cr ▲46.9% | ₹958 Cr ▲11.5% | ₹859 Cr ▲41.3% | ₹608 Cr ▲185.4% | ₹213 Cr ▲53.2% | ₹139 Cr ▲5.3% | ₹132 Cr ▲12.8% | ₹117 Cr |
| Borrowings | ₹322 Cr ▲2.5% | ₹314 Cr ▲8.7% | ₹289 Cr ▲99.3% | ₹145 Cr ▲19.8% | ₹121 Cr ▼24.8% | ₹161 Cr ▲15.0% | ₹140 Cr ▼19.5% | ₹174 Cr ▲152.2% | ₹69 Cr |
| Other Liabilities | ₹387 Cr ▼1.5% | ₹393 Cr ▲182.7% | ₹139 Cr ▼2.1% | ₹142 Cr ▲11.8% | ₹127 Cr ▲14.4% | ₹111 Cr ▲15.6% | ₹96 Cr ▼2.0% | ₹98 Cr ▲0.0% | ₹98 Cr |
| Total Liabilities | ₹2.2K Cr ▲2.7% | ₹2.1K Cr ▲51.8% | ₹1.4K Cr ▲20.4% | ₹1.2K Cr ▲33.1% | ₹880 Cr ▲74.6% | ₹504 Cr ▲27.9% | ₹394 Cr ▼6.6% | ₹422 Cr ▲40.2% | ₹301 Cr |
| Assets | |||||||||
| Fixed Assets | ₹494 Cr ▲5.8% | ₹467 Cr ▲16.5% | ₹401 Cr ▲74.3% | ₹230 Cr ▲16.8% | ₹197 Cr ▲51.5% | ₹130 Cr ▲15.0% | ₹113 Cr ▼9.6% | ₹125 Cr ▲468.2% | ₹22 Cr |
| CWIP | ₹11 Cr ▼8.3% | ₹12 Cr ▼61.3% | ₹31 Cr ▲244.4% | ₹9 Cr ▲125.0% | ₹4 Cr | ₹0 Cr ▼100.0% | ₹4 Cr ▲300.0% | ₹1 Cr ▼80.0% | ₹5 Cr |
| Investments | ₹38 Cr ▲0.0% | ₹38 Cr ▲5.6% | ₹36 Cr ▲44.0% | ₹25 Cr ▲1150.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▲100.0% | ₹1 Cr ▲0.0% | ₹1 Cr | ₹0 Cr |
| Other Assets | ₹1.7K Cr ▲1.9% | ₹1.6K Cr ▲72.3% | ₹942 Cr ▲3.9% | ₹907 Cr ▲34.0% | ₹677 Cr ▲81.5% | ₹373 Cr ▲35.1% | ₹276 Cr ▼6.8% | ₹296 Cr ▲7.6% | ₹275 Cr |
| Total Assets | ₹2.2K Cr ▲2.7% | ₹2.1K Cr ▲51.8% | ₹1.4K Cr ▲20.4% | ₹1.2K Cr ▲33.1% | ₹880 Cr ▲74.6% | ₹504 Cr ▲27.9% | ₹394 Cr ▼6.6% | ₹422 Cr ▲40.2% | ₹301 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹90 Cr ▲550.0% | ₹-20 Cr ▼164.5% | ₹31 Cr ▲1650.0% | ₹-2 Cr ▼111.8% | ₹17 Cr ▼73.0% | ₹63 Cr ▲75.0% | ₹36 Cr ▲263.6% | ₹-22 Cr |
| Investing CF | ₹-476 Cr ▼1112.8% | ₹47 Cr ▲138.2% | ₹-123 Cr ▲52.0% | ₹-256 Cr ▼966.7% | ₹-24 Cr ▼140.0% | ₹-10 Cr ▲33.3% | ₹-15 Cr ▼15.4% | ₹-13 Cr |
| Financing CF | ₹502 Cr ▲965.5% | ₹-58 Cr ▼146.4% | ₹125 Cr ▼49.8% | ₹249 Cr ▲857.7% | ₹26 Cr ▲157.8% | ₹-45 Cr ▼125.0% | ₹-20 Cr ▼157.1% | ₹35 Cr |
| Net Cash Flow | ₹116 Cr ▲462.5% | ₹-32 Cr ▼197.0% | ₹33 Cr ▲430.0% | ₹-10 Cr ▼152.6% | ₹19 Cr ▲137.5% | ₹8 Cr ▲300.0% | ₹2 Cr | ₹0 Cr |
| Free Cash Flow | ₹19 Cr ▲120.2% | ₹-94 Cr ▼9300.0% | ₹-1 Cr ▲98.3% | ₹-58 Cr ▼728.6% | ₹-7 Cr ▼113.0% | ₹54 Cr ▲134.8% | ₹23 Cr ▲165.7% | ₹-35 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4d ▼20.0% | 5d ▼16.7% | 6d ▲100.0% | 3d ▲0.0% | 3d ▼75.0% | 12d ▲71.4% | 7d ▲0.0% | 7d |
| Inventory Days | 222d ▼10.1% | 247d ▲7.4% | 230d ▲0.9% | 228d ▲2.7% | 222d ▼13.3% | 256d ▲5.8% | 242d ▲1.7% | 238d |
| Days Payable | 45d ▲21.6% | 37d ▼26.0% | 50d ▼23.1% | 65d ▼12.2% | 74d ▼20.4% | 93d ▲16.3% | 80d ▲1.3% | 79d |
| Cash Conv. Cycle | 180d ▼16.3% | 215d ▲16.2% | 185d ▲11.4% | 166d ▲9.9% | 151d ▼13.2% | 174d ▲2.4% | 170d ▲2.4% | 166d |
| Working Capital Days | 127d ▼11.2% | 143d ▲12.6% | 127d ▲5.0% | 121d ▲44.0% | 84d ▲1.2% | 83d ▲15.3% | 72d ▼6.5% | 77d |
| ROCE | 10.0% ▼28.6% | 14.0% ▼6.7% | 15.0% ▼16.7% | 18.0% ▲20.0% | 15.0% ▲66.7% | 9.0% ▼10.0% | 10.0% | — |
Source: Screener.in · Lower days = better efficiency
About Ethos Limited
Ethos Limited (“Ethos”) was incorporated on November 5, 2007 and promoted by KDDL Limited. Ethos is India’s largest luxury and premium watch retail player
Consumer Durables · Consumer Durables
Related Analysis
Frequently Asked Questions
What is Ethos Limited share price today?▾
Ethos Limited (ETHOSLTD) is currently trading at ₹2,632.4 on NSE, down 0.81% as of the last market session. Prices update daily after market close on MarketNetra.
Is Ethos Limited available in F&O (Futures & Options)?▾
Yes, Ethos Limited (ETHOSLTD) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Ethos Limited 52-week high and low?▾
Ethos Limited's 52-week high is ₹3,246 and the 52-week low is ₹1,919. The current price of ₹2,632.4 is 18.9% below the 52W high.
What is Ethos Limited P/E ratio?▾
Ethos Limited's current P/E ratio is 74.2. This indicates the market is paying ₹74.2 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Ethos Limited options?▾
Ethos Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade ETHOSLTD options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.