Ethos
2,552.40
+75.90(+3.06%)
Market Cap₹6,829.63 Cr
PE Ratio69.81
Company Performance:
1D+3.06%
1M-12.91%
6M-10.13%
1Y+9.20%
5Y+229.03%
View Company Insightsright
More news about Ethos
08Nov 25
Ethos Limited Reports 29.5% Revenue Growth to Rs 738.8 Crore in H1 FY26, Expands Retail Presence
Ethos Limited, a luxury watch retailer in India, announced impressive financial results for H1 FY26. Revenue from operations grew by 29.5% year-over-year to Rs 738.80 crore, while EBITDA increased by 7.8% to Rs 78.30 crore. The company expanded its retail presence, opening 16 new boutiques and increasing its total to 86 across 26 cities. Same-store sales growth improved to 16.5%. Ethos added four new exclusive brands and launched new boutiques for Messika and Rimowa. However, the company faced margin pressure due to INR depreciation against CHF, resulting in an estimated forex loss of Rs 10.70 crore.
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27Oct 25
Ethos Expands Luxury Retail Footprint with New Boutique in Delhi, Reaching 86 Stores Nationwide
Ethos Limited has opened a new Ethos Summit Boutique in Pitampura, New Delhi, increasing its total store count to 86 across India. The boutique is located at G-27, Unity One, Netaji Subhash Place. This expansion represents a significant growth from 73 boutiques as of March 31, 2023, to the current 86, showcasing the company's commitment to enhancing accessibility to luxury timepieces and strengthening its position in key luxury retail markets.
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03Oct 25
Ethos Limited Expands Luxury Retail Presence with New RIMOWA Boutique in New Delhi
Ethos Limited, India's leading luxury watch retailer, has opened a new RIMOWA boutique at DLF Emporio, Vasant Kunj, New Delhi through its subsidiary Ethos Lifestyle Private Limited. This marks RIMOWA's second official boutique in India through the Ethos Group. The expansion increases Ethos Limited's total boutique count to 85, enhancing its luxury brand portfolio beyond watches to include premium luggage and travel accessories. The strategic location in DLF Emporio strengthens Ethos Limited's position in India's luxury retail market.
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15Sept 25
Ethos Limited Expands Luxury Retail Presence with New Boutique in New Delhi
Ethos Limited has launched 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. This expansion aligns with the company's strategy to strengthen its luxury brand portfolio and increase accessibility to exclusive watch brands in India. The move is expected to enhance Ethos Limited's market reach and cater to the growing demand for high-end timepieces in the Indian market.
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29Aug 25
Ethos Expands Luxury Watch Retail with New Jacob & Co. Boutique in Mumbai
Ethos Limited has opened a new exclusive boutique for luxury watch brand Jacob & Co. at the Jio World Plaza in Mumbai's Bandra-Kurla Complex. This strategic expansion strengthens Ethos' luxury brand portfolio and consolidates its presence in a prominent Indian luxury retail market. The boutique, located in a prime business and luxury retail hub, aims to offer an immersive luxury shopping experience for discerning customers. Ethos Limited continues to focus on expanding its presence in the premium and luxury watch segment.
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23Aug 25
Ethos Limited Expands into Watch Services with New Subsidiary
Ethos Limited has incorporated a new subsidiary, Micron Watch Services Private Limited, focusing on watch services and repairs. The company acquired a 50.10% stake in the subsidiary for Rs. 5,01,000, investing in 50,100 equity shares at Rs. 10 each. The new entity aims to establish watch service centers in select Indian cities, enhancing Ethos Limited's service offerings in the luxury watch market. This strategic move is expected to strengthen Ethos's position in the watch industry and expand its market presence.
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14Aug 25
Ethos Limited Reports Strong Revenue Growth in Q1 Amid Currency Headwinds
Ethos Limited, a luxury watch retailer in India, reported a 26.7% year-over-year revenue increase to ₹346.30 crore in Q1. Net profit decreased to ₹19.10 crore, while EBITDA rose to ₹52.00 crore. The company faced challenges from CHF/INR exchange rate volatility, impacting profitability by ₹5.70 crore. Ethos expanded its retail footprint, launching the 'City of Time' in Gurugram and opening India's first 'Messika Paris' boutique. The company added 8 new boutiques and 3 new watch brands to its portfolio. Exclusive Brand Boutique revenue contribution increased to 28.7%, and Same-Store Growth improved to 17.6%.
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13Aug 25
Ethos Limited's Stake in Subsidiary Diluted to 75.05% Following ₹179.50 Crore Fundraise
Ethos Limited's shareholding in its subsidiary, Ethos Lifestyle Private Limited, has been reduced from 95.00% to 75.05% after a ₹179.50 crore preferential share issue. The subsidiary, incorporated on February 2, 2024, raised funds from non-promoter group investors. Despite the dilution, Ethos Lifestyle remains a subsidiary of Ethos Limited. The transaction was conducted at arm's length, based on an independent valuation report, and complies with SEBI regulations.
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17Jun 25
Ethos Expands Middle East Presence with Full Acquisition of Ficus Trading LLC
Ethos, a luxury watch retailer, has acquired a 100% stake in its Middle East subsidiary, Ficus Trading LLC. This strategic move aims to strengthen Ethos's presence in the Middle East luxury watch market, providing greater control over operations and distribution channels in the region. The acquisition is expected to streamline operations, improve brand representation, and potentially expand product offerings in the Middle East.
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16Jun 25
ETHOS Strengthens Middle East Presence with Full Acquisition of Ficus Trading LLC
Ethos, a major player in India's luxury watch retail market, has acquired 100% ownership of Ficus Trading LLC, a company operating in the Middle East. This strategic move aims to strengthen Ethos's presence in the region, enhance operational control, and drive revenue growth. The acquisition is expected to bolster Ethos's international brand presence and market reach in the luxury watch segment.
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03Jun 25
Ethos Secures Approval for ₹4.10 Billion Rights Issue
Ethos Limited, a major player in India's luxury watch retail market, has received approval for a rights issue to raise up to ₹4.10 billion. The company will offer new shares to existing shareholders, allowing them to increase their stake potentially at a discounted price. This capital raise could be used for various purposes such as expansion, inventory enhancement, debt reduction, or technology investments. The move is seen as a strategic step to strengthen Ethos's financial position and capitalize on growth opportunities in the luxury timepiece retail sector.
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14May 25
Ethos Expands Luxury Watch Presence with 'City of Time' Launch in Gurugram
Ethos Limited has launched 'City of Time, Gurugram', a new retail concept featuring five exclusive brand boutiques and two multibrand boutiques. This strategic expansion aims to strengthen Ethos' position in the luxury watch retail sector, targeting the affluent population in Gurugram. The 'City of Time' concept offers an immersive shopping experience, showcasing a wide array of high-end timepieces under one roof. This move is expected to enhance customer experience, potentially drive sales growth, and capture a significant share of the growing luxury market in the region.
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13May 25
Ethos Expands Luxury Watch Retail Footprint with 'City of Time, Gurugram'
Ethos Limited, India's leading luxury watch retailer, has launched 'City of Time, Gurugram', a new retail concept in the National Capital Region. The expansion includes five exclusive brand boutiques and two multi-brand boutiques, significantly increasing Ethos's footprint in the affluent Gurugram market. This strategic move aims to capture a larger share of the luxury watch segment, cater to diverse customer preferences, and enhance the overall watch-buying experience.
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05May 25
Ethos Ltd: Q4 Revenue and EBITDA Grow, Profit Growth Modest
Ethos Limited, India's leading luxury watch retailer, reported a 23.30% increase in Q4 revenue to ₹311.31 crore, with EBITDA growing 32.30% to ₹47.59 crore. Net profit rose 8.10% to ₹22.74 crore. The company also appointed Mr. Mukul Khanna as a new Director and Executive Director through a postal ballot, with both resolutions receiving over 99% approval from shareholders.
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28Feb 25
Ethos Secures $6 Million Funding to Revolutionize Model Risk Management in Finance
Fintech company Ethos has raised $6 million in funding to modernize model risk management solutions for banks and fintech companies. The company aims to enhance accuracy in risk assessment, improve efficiency in model management, and explore AI-driven solutions for risk mitigation. This funding highlights growing investor interest in specialized fintech solutions and underscores the need for improved risk management tools in the evolving financial landscape.
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Ethos
2,552.40
+75.90
(+3.06%)
1 Year Returns:+9.20%
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