| Quarterly Financials | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
Revenue  | 125 | 94 | 137 | 199 | 161 | 176 | 181 | 233 | 213 | 235 | 240 | 288 | 261 | 280 | 303 | 376 | 317 | 352 |
| Expenses | 107 | 82 | 122 | 169 | 138 | 147 | 152 | 194 | 182 | 196 | 198 | 237 | 217 | 230 | 255 | 313 | 265 | 301 |
| EBITDA | 18 | 12 | 15 | 29 | 23 | 29 | 30 | 40 | 31 | 39 | 42 | 51 | 45 | 50 | 48 | 63 | 52 | 51 |
| Operating Profit % | 13 % | 7 % | 10 % | 13 % | 13 % | 16 % | 15 % | 16 % | 12 % | 15 % | 16 % | 16 % | 14 % | 16 % | 14 % | 15 % | 15 % | 13 % |
| Depreciation | 8 | 7 | 8 | 9 | 8 | 8 | 8 | 9 | 10 | 11 | 13 | 13 | 13 | 14 | 15 | 17 | 17 | 19 |
| Interest | 4 | 4 | 4 | 4 | 5 | 4 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 |
| Profit Before Tax | 6 | 1 | 4 | 16 | 11 | 17 | 18 | 28 | 18 | 24 | 25 | 34 | 28 | 31 | 29 | 41 | 30 | 26 |
| Tax | 2 | 0 | 1 | 4 | 3 | 4 | 5 | 7 | 5 | 6 | 6 | 9 | 7 | 8 | 7 | 11 | 7 | 7 |
| Net Profit | 5 | 1 | 3 | 12 | 8 | 13 | 14 | 21 | 13 | 18 | 19 | 26 | 21 | 23 | 21 | 30 | 23 | 19 |
| EPS in ₹ | 2.48 | 0.46 | 1.46 | 6.59 | 4.25 | 6.56 | 6.59 | 9.54 | 5.85 | 7.78 | 7.96 | 10.84 | 8.83 | 9.32 | 8.68 | 12.05 | 9.29 | 7.77 |
Ethos
Ethos
2,587.90
+29.50
(1.15%)
Market Cap
6,845.70 Cr
EPS
39.33
PE Ratio
74.91
Dividend Yield
0.00 %
Industry
Consumer Goods52 Week High
3,388.88
52 Week Low
1,931.84
PB Ratio
4.98
Debt to Equity
0.23
Sector
Jewellery & Watches
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from1 analysts
Company News
View All News
Ethos Limited has inaugurated a new exclusive Ethos Watch Boutique at Select CityWalk, Saket, New Delhi. The boutique is located on the first floor at Unit no. F69A, Nexus Select Citywalk. The company describes this launch as a significant milestone in strengthening its luxury brand portfolio and consolidating its presence in India's luxury retail market. Ethos states the boutique aligns with its strategic vision of making exclusive brands more accessible to customers in India while delivering luxury experiences. The company remains committed to expanding its footprint in the premium and luxury watch segment.
Ethos has opened a new boutique for luxury watch brand Jacob & Co. at Jio World Plaza in Mumbai. This represents an expansion of the company's retail presence in the luxury watch segment.
Ethos Limited Incorporates New Subsidiary Micron Watch Services for Service Center Expansion
Aug 23, 2025
Aug 23, 2025Ethos Limited incorporated a new subsidiary company named Micron Watch Services Private Limited on August 22, 2025, with its registered office in Gurgaon, Haryana. The subsidiary operates in the watch service and repair industry and aims to set up watch service centers in select Indian cities. Ethos acquired a 50.1% initial shareholding in the subsidiary for Rs. 5,01,000, purchasing 50,100 equity shares at Rs. 10 each through cash consideration. Yashovardhan Saboo will hold 100 equity shares as a nominee shareholder of Ethos Limited. The acquisition is classified as a related party transaction since Micron Watch Services is now a subsidiary of Ethos.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,401.20 | #1 2,95,393.10 | 81.39 | 60,942.00 | 18.07 | #1 3,337 | 52.59 | 23.83 | |
448.30 | 47,033.80 | 57.85 | 25,189.70 | 35.27 | 714 | 48.70 | 26.00 | |
604.80 | 8,074.00 | 32.56 | 7,728.60 | 26.30 | 218 | 96.32 | 46.79 | |
2,587.90 | #4 6,845.70 | #9 74.91 | #9 1,275.90 | #7 24.77 | #9 96 | #8 -16.67 | 57.69 | |
1,996.70 | 6,267.10 | 57.56 | 4,916.30 | 28.29 | 119 | -19.26 | 36.45 | |
341.20 | 5,539.00 | 26.25 | 6,382.60 | 20.80 | 159 | 104.09 | 29.09 | |
180.73 | 5,391.70 | 72.61 | #1 4,23,099.00 | 50.61 | 95 | -179.83 | 39.25 | |
369.70 | 4,156.50 | 32.39 | 800.60 | 29.82 | 117 | 52.73 | 42.23 | |
266.55 | 3,997.50 | 26.57 | 3,581.00 | #1 104.72 | 133 | #1 105.66 | 38.73 | |
226.87 | 3,872.90 | #1 23.20 | 3,407.60 | 11.08 | 153 | 36.73 | 47.40 |
Automatic Screeners on ScanX
Forecast
Actual
Growth Rate
Revenue Growth
24.77 %
Net Income Growth
15.61 %
Cash Flow Change
-165.86 %
ROE
4.03 %
ROCE
-4.56 %
EBITDA Margin (Avg.)
-2.04 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 301 | 425 | 394 | 504 | 880 | 1,171 | 1,410 |
| Fixed Assets | 22 | 32 | 113 | 130 | 197 | 230 | 401 |
| Current Assets | 251 | 275 | 257 | 336 | 639 | 864 | 891 |
| Capital Work in Progress | 5 | 1 | 4 | 0 | 4 | 9 | 31 |
| Investments | 0 | 0 | 1 | 2 | 2 | 25 | 36 |
| Other Assets | 275 | 392 | 276 | 373 | 677 | 907 | 942 |
| Total Liabilities | 301 | 425 | 394 | 504 | 880 | 1,171 | 1,410 |
| Current Liabilities | 150 | 175 | 148 | 163 | 150 | 171 | 180 |
| Non Current Liabilities | 18 | 98 | 89 | 109 | 99 | 116 | 248 |
| Total Equity | 134 | 152 | 157 | 232 | 632 | 884 | 982 |
| Reserve & Surplus | 109 | 134 | 139 | 213 | 608 | 860 | 958 |
| Share Capital | 17 | 18 | 18 | 19 | 23 | 25 | 25 |
Cash Flow
| Cash Flow | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | 2 | 9 | 19 | -10 | 33 | -32 |
| Investing Activities | -13 | -15 | -10 | -24 | -256 | -123 | 47 |
| Operating Activities | -22 | 37 | 64 | 17 | -2 | 31 | -20 |
| Financing Activities | 35 | -20 | -45 | 27 | 249 | 125 | -58 |
Share Holding
| % Holding | Jan 2021 | May 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Jul 2025 |
| Promoter | 82.32 % | 64.92 % | 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 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 6.70 % | 0.00 % | 11.28 % | 11.21 % | 12.28 % | 12.60 % | 12.56 % | 13.13 % | 12.93 % |
| DIIs | 0.00 % | 4.08 % | 3.62 % | 7.45 % | 9.31 % | 9.76 % | 10.51 % | 9.65 % | 10.20 % | 13.08 % | 14.05 % | 15.64 % | 16.58 % | 17.85 % | 18.18 % | 18.48 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 0.00 % | 12.88 % | 11.87 % | 13.02 % | 12.58 % | 12.71 % | 13.62 % | 14.65 % | 14.54 % | 14.69 % | 14.76 % | 15.32 % | 14.71 % | 13.94 % | 13.04 % | 12.70 % |
| Others | 17.68 % | 18.11 % | 19.35 % | 14.37 % | 13.43 % | 12.86 % | 12.05 % | 5.18 % | 17.37 % | 5.22 % | 5.28 % | 5.55 % | 5.31 % | 5.07 % | 5.07 % | 5.31 % |
| No of Share Holders | 248 | 19,428 | 12,709 | 13,256 | 13,862 | 14,685 | 15,955 | 21,657 | 27,067 | 29,715 | 32,330 | 35,858 | 39,756 | 42,900 | 41,464 | 42,141 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 27 Sept 2024 |  Annual General Meeting | NA | 27 Sept 2024 | 3,181.89 | 3,224.68 |
| 08 Nov 2024 |  Quarterly Result Announcement | NA | 08 Nov 2024 | 2,721.96 | 2,811.75 |
| 14 Feb 2025 | Quarterly Result Announcement | NA | 14 Feb 2025 | 2,461.74 | 2,198.60 |
| 05 May 2025 | Quarterly Result Announcement | NA | 05 May 2025 | 2,447.93 | 2,453.53 |
| 12 Jun 2025 |  Rights | 4:43 | 12 Jun 2025 | 2,761.90 | 2,899.69 |
| 14 Aug 2025 | Quarterly Result Announcement | NA | 14 Aug 2025 | 2,846.20 | 2,776.35 |
| 15 Sept 2025 | Annual General Meeting | NA | 15 Sept 2025 | 2,543.70 | 2,369.55 |
Announcements
Closure of Trading Window2 days ago
2 days agoOpening Of New Ethos Watch Boutiques At Hyderabad Telangana.5 days ago
5 days agoRegarding Relocation Of Second Movement Boutique7 days ago
7 days agoRegarding Relocation Of Second Movement Boutique7 days ago
7 days agoAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation7 days ago
7 days agoShareholder Meeting / Postal Ballot-Scrutinizers ReportSep 16, 2025
Sep 16, 2025Opening Of Ethos Watch Boutiques At Select Citywalk Saket New DelhiSep 15, 2025
Sep 15, 2025Appointment Of Secretarial Auditor Of The CompanySep 15, 2025
Sep 15, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 15, 2025
Sep 15, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 09, 2025
Sep 09, 2025Opening Of Jacob & Co. Boutique At Jio World Plaza MumbaiAug 29, 2025
Aug 29, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 25, 2025
Aug 25, 2025Letter To Shareholders Regarding Notice Of The 18Th Annual General MeetingAug 24, 2025
Aug 24, 2025Business Responsibility and Sustainability Reporting (BRSR)Aug 23, 2025
Aug 23, 2025Reg. 34 (1) Annual Report.Aug 23, 2025
Aug 23, 2025Notice Of The 18Th Annual General Meeting (AGM) Of The Company Scheduled To Be Held On Monday September 15 2025 At 11:00 AM (1ST) Through Video Conference/Other Audio Visual Means.Aug 23, 2025
Aug 23, 2025Announcement under Regulation 30 (LODR)-AcquisitionAug 23, 2025
Aug 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 23, 2025
Aug 23, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 19, 2025
Aug 19, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Monitoring Agency ReportAug 14, 2025
Aug 14, 2025Statement Of Deviation Or Variation In The Use Of Proceeds Of Qualified Institutional Placement Of Ethos Limited For The Quarter Ended June 30 2025Aug 14, 2025
Aug 14, 2025Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Offering Of Ethos Limited For The Quarter Ended June 30 2025Aug 14, 2025
Aug 14, 2025Announcement under Regulation 30 (LODR)-Investor PresentationAug 14, 2025
Aug 14, 2025Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Aug 14, 2025
Aug 14, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th August 2025Aug 14, 2025
Aug 14, 2025Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Dilution Of Stake In Ethos Lifestyle Private Limited (Formerly RF Brands Private Limited)Aug 13, 2025
Aug 13, 2025Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results For The Quarter Ended June 30 2025.Aug 07, 2025
Aug 07, 2025Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - Dilution Of Stake In Ethos Lifestyle Private Limited (Formerly RF Brands Private Limited)Jul 16, 2025
Jul 16, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 14, 2025
Jul 14, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 09, 2025
Jul 09, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJul 08, 2025
Jul 08, 2025Announcement under Regulation 30 (LODR)-AllotmentJul 04, 2025
Jul 04, 2025Board Meeting Outcome for Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations) For Allotment Of Equity Shares On Rights BasisJul 04, 2025
Jul 04, 2025Closure of Trading WindowJun 27, 2025
Jun 27, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationJun 18, 2025
Jun 18, 2025Acquisition Of Shares Of FICUS TRADING LLC Wholly Owned Subsidiary CompanyJun 16, 2025
Jun 16, 2025Letter Of Offer For Rights Issue Of Equity SharesJun 07, 2025
Jun 07, 2025Intimation Of Record Date Pursuant To Regulation 42 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jun 06, 2025
Jun 06, 2025Announcement under Regulation 30 (LODR)-Raising of FundsJun 06, 2025
Jun 06, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On June 6 2025 For Approval Of Terms Of Rights Issue Of Equity SharesJun 06, 2025
Jun 06, 2025Please Find Enclosed The Draft Letter Of Offer Dated June 3 2025 For Rights Issue Of Ethos LimitedJun 03, 2025
Jun 03, 2025Board Meeting Intimation for Seeking Approval Of The Board For Fixing Record Date Price Entitlement Ratio Etc.Jun 03, 2025
Jun 03, 2025Announcement under Regulation 30 (LODR)-Raising of FundsJun 03, 2025
Jun 03, 2025Board Meeting Outcome for Outcome Of The Board Meeting Held On June 3 2025Jun 03, 2025
Jun 03, 2025Announcement under Regulation 30 (LODR)-Credit RatingMay 30, 2025
May 30, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 29, 2025
May 29, 2025Board Meeting Intimation for Prior Intimation For Meeting Of The Board Of Directors Of The Company In Terms Of Regulation 29 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 As Amended (SEBI Listing Regulations)May 29, 2025
May 29, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 20, 2025
May 20, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 15, 2025
May 15, 2025Technical Indicators
RSI(14)
Neutral 60.27
ATR(14)
Less Volatile 73.95
STOCH(9,6)
Overbought 83.28
STOCH RSI(14)
Overbought 100.00
MACD(12,26)
Bullish 32.70
ADX(14)
Weak Trend 18.65
UO(9)
Bearish 54.49
ROC(12)
Uptrend And Accelerating 8.11
WillR(14)
Overbought -14.80
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Mirae Asset Nifty Total Market Index Fund Direct-Growth 
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