What is Ethos Ltd (ETHOSLTD) share price return in the past 10 years?

Data is not available for this company

What is the share price of Ethos Ltd (ETHOSLTD)?

Company share prices are keep on changing according to the market conditions. The current trading price of Ethos Ltd (ETHOSLTD) on 04-Jun-2026 16:59:59 at 16:59 is 2374.45.

What is the P/E ratio of Ethos?

The latest standalone P/E ratio of Ethos as of 04-Jun-2026 is 66.93.

What is the P/B ratio of Ethos Ltd (ETHOSLTD)?

The latest standalone P/B ratio of Ethos Ltd (ETHOSLTD) as of 04-Jun-2026 is 4.29.

What is the 52-week high and low of Ethos Ltd (ETHOSLTD)?

The 52-week high of Ethos Ltd (ETHOSLTD) is Rs. 3244.45 and the 52-week low is Rs. 1921.00.

Ethos Ltd (ETHOSLTD) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Ethos Ltd (ETHOSLTD)
Brand: Ethos

Ethos Ltd (ETHOSLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543532 NSE: ETHOSLTD Retailing | Small Cap | Ethos Ltd. Share Price

Ethos Ltd (ETHOSLTD)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 543532 NSE: ETHOSLTD Retailing | Small Cap | Ethos Ltd. Share Price

Key Metrics

Valuation Multiples

Market Cap

₹6,353 Cr.

Current Price

₹2,374.5

52-Week Low / High

₹1,921 / 3,244

TTM EPS

₹35.5

TTM Sales

₹1,613 Cr.

Book Value per Share

₹553.7

P/E Ratio

66.93

Lower than its 5-year historical median

Industry PE

70.6

Price to Book (P/B)

4.29

Lower than its 5-year historical median

Price to Sales (P/S)

3.94

Lower than its 5-year historical median

EV/EBITDA

23.73

Lower than its 5-year historical median

Dividend Yield

0.00%

Profitability Efficiency

Return on Equity (ROE)

10.55%

Outperforms industry median

Return on Capital Employed (ROCE)

17.00%

Outperforms industry median

Return on Assets (ROA)

7.71%

Operating Profit Margin

15.9%

Net Profit Margin

7.85%

Gross Profit Margin

15.5%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

25.42%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

25.93%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

20.86%

Asset Quality

Promoter Holding

50.59%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹1,455 Cr.

Equity

₹26.8 Cr.

Face Value

₹10

All Time Low / High

₹687.39 / 3395.35

Ethos stock performance

Key Ratios

Check Before You Invest

Quality

Somewhat Good

Check detailed performance

Valuation

Fair

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

Q.1 Is Ethos Ltd a good quality company?

Ethos Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Ethos Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Ethos Ltd vs industry peers?

Ethos Ltd revenue CAGR is 22.28%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.

Q.1 Promoter shareholding and pledge status of Ethos Ltd?

Promoters hold 50.59% of the Ethos Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Ethos Ltd over the last decade?

Over the last 3 year(s), the stock has delivered a CAGR of 26.36% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	5.5%	2.1%	10.2%	16.2%	11.4%	12%	21.1%	21.5%	17.1%	17%	-
Value Creation Index ⓘ	-0.6	-0.9	-0.2	0.2	-0.2	-0.1	0.5	0.5	0.3	0.3	-
Growth Parameters ⓘ
Sales ⓘ	329	325	356	442	458	387	577	789	998	1,252	1,613
Sales YoY Gr.	-	-1.2%	9.6%	24.1%	3.6%	-15.6%	49.3%	36.6%	26.6%	25.4%	-
Adj EPS ⓘ	-4.5	-5	3.3	6.9	-0.8	2.3	12	25.5	32.2	39.4	35.5
YoY Gr.	-	NA	NA	112%	-111.3%	NA	412.8%	112.7%	26.1%	22.3%	-
BVPS (₹) ⓘ	29.3	32.6	50.6	70.5	80.7	83.1	117.4	261.1	348	386.7	553.7
Adj Net Profit ⓘ	-5.7	-6.8	5.4	12.1	-1.5	4.4	23.7	61.7	81.6	99.8	95
Cash Flow from Ops. ⓘ	-13	4.1	-1.1	-22.3	34.8	62.4	16.9	-4.8	31.1	-20.7	-
Debt/CF from Ops. ⓘ	-5.4	16.9	-57.1	-3.5	2.2	0.8	3.5	-1.7	0.2	-0.1	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	16%	22.3%	29.4%	25.4%
Adj EPS ⓘ	NA	NA	48.6%	22.3%
BVPSⓘ	33.2%	36.8%	48.8%	11.1%
Share Price	-	-	24.5%	-13.7%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-10.6	-11.2	6.9	10.8	-1	2.9	12.2	14.3	10.8	10.7	7.5
Op. Profit Mgn % ⓘ	3.2	1.4	5.3	7.7	12	10.9	12.4	15.4	15.8	15.9	12.5
Net Profit Mgn % ⓘ	-1.8	-2.1	1.5	2.7	-0.3	1.1	4.1	7.8	8.2	8	5.9
Debt to Equity ⓘ	1.2	1.1	0.7	0.6	0.5	0.3	0.3	0	0	0	0
Working Cap Days ⓘ	199	214	213	199	214	248	181	177	181	184	158
Cash Conv. Cycle ⓘ	94	107	95	95	114	127	95	94	109	127	129

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	329	325	356	442	458	387	577	789	998	1,252
Operating Expenses ⓘ +	319	320	339	409	405	345	507	670	841	1,055
Manufacturing Costs	1	1	1	1	1	1	1	2	3	4
Material Costs	251	253	271	315	329	282	411	544	698	877
Employee Cost	20	20	23	32	32	27	41	51	69	84
Other Costs ⓘ	47	46	44	60	43	35	54	72	72	91
Operating Profit ⓘ	10	4	17	33	53	42	71	119	156	197
Operating Profit Margin (%)	3.1%	1.4%	4.8%	7.4%	11.6%	10.8%	12.2%	15.1%	15.7%	15.7%
Other Income ⓘ +	0	2	2	2	6	17	13	15	22	25
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	11	11	10	11	24	20	21	20	22	27
Depreciation ⓘ	4	4	4	5	35	32	31	35	48	63
Profit Before Tax ⓘ	-5	-8	5	18	1	6	31	80	109	132
Tax ⓘ	1	-2	1	7	1	2	8	20	27	33
Profit After Tax	-6	-6	4	11	0	5	23	60	81	98
PAT Margin (%)	-1.8%	-1.9%	1.1%	2.5%	0.0%	1.2%	4.1%	7.6%	8.2%	7.9%
Adjusted EPS (₹)	-4.7	-4.5	2.4	6.4	0.0	2.5	11.8	24.7	32.1	38.8
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Valuation of Ethos Ltd. - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	57	64	91	131	152	157	232	631	882	980
Share Capital ⓘ	32	33	23	24	18	18	19	23	24	24
Reserves ⓘ	25	31	67	106	134	138	213	608	857	956
Debt +	64	64	52	69	69	44	50	8	2	0
Long Term Debt	10	11	11	16	16	17	28	7	2	0
Short Term Debt	54	54	41	53	54	27	23	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	69	65	77	70	75	74	87	98	98	89
Others Liabilities ⓘ	18	19	27	24	123	112	129	135	179	317
Total Liabilities ⓘ	208	212	247	294	420	387	498	872	1,161	1,386
Fixed Assets
Net Fixed Assets ⓘ +	12	10	17	22	128	112	129	197	229	390
Gross Block	27	14	24	34	174	157	203	251	328	551
Accumulated Depreciation	15	4	7	12	45	45	74	54	99	160
CWIP ⓘ	0	0	0	5	1	4	0	4	9	30
Investments ⓘ	0	0	0	0	4	4	6	7	30	46
Inventories	164	169	171	206	219	198	250	340	440	593
Trade Receivables	6	2	6	8	9	12	5	6	16	18
Cash Equivalents	6	9	7	8	10	19	39	225	341	212
Others Assets ⓘ	20	22	45	46	49	38	69	93	97	97
Total Assets ⓘ	208	212	247	294	420	387	498	872	1,161	1,386

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-13	4	-1	-22	35	62	17	-5	31	-21
PBT ⓘ	-5	-8	5	18	1	6	31	80	109	132
Adjustment ⓘ	12	12	11	11	51	33	37	34	42	59
Changes in Working Capital ⓘ	-18	0	-18	-45	-12	25	-42	-99	-93	-178
Tax Paid ⓘ	-2	-0	1	-7	-5	-2	-9	-20	-27	-34
Cash Flow From Investing Activity ⓘ +	-4	-2	-12	-13	-13	-10	-23	-254	-123	45
Capex	-3	-3	-11	-13	-13	-9	-23	-56	-30	-71
Net Investments	-1	0	-0	-0	1	-1	-1	-206	-104	93
Others ⓘ	0	0	0	0	0	0	1	8	12	23
Cash Flow From Financing Activity ⓘ +	17	2	11	35	-20	-45	27	249	125	-58
Net Proceeds from Shares ⓘ	12	12	22	29	21	0	51	375	175	0
Net Proceeds from Borrowing ⓘ	2	-2	-13	2	-2	3	11	-29	-1	0
Interest Paid ⓘ	-8	-8	-6	-7	-19	-16	-16	-16	-15	-20
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	11	0	7	12	-20	-31	-20	-82	-34	-39
Net Cash Flow ⓘ	0	4	-2	0	3	7	20	-10	32	-35

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-17.13	-14.84	6.25	10.83	0.03	3	12.03	13.86	10.74	10.55
ROCE (%)	5.49	2.06	10.21	16.2	11.36	11.96	21.05	21.48	17.09	17
Asset Turnover Ratio	1.66	1.55	1.55	1.63	1.28	0.96	1.3	1.15	0.98	0.98
PAT to CFO Conversion(x)	N/A	N/A	-0.25	-2	N/A	12.4	0.74	-0.08	0.38	-0.21
Working Capital Days
Receivable Days	5	4	4.10	5.90	6.80	10.20	5.50	2.60	4	4.90
Inventory Days	172.40	186.90	174.30	155.60	169.10	196.60	141.50	136.50	142.60	150.50
Payable Days	101.20	96.20	95.50	85.10	80.40	97	71.70	62	51.40	39

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ethos Ltd FAQs

The current trading price of Ethos Ltd. on 04-Jun-2026 16:59 is ₹2,374.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Jun-2026 the market cap of Ethos Ltd. stood at ₹6,353.5 Cr

The latest P/E ratio of Ethos Ltd. as of 03-Jun-2026 is 66.93.

The latest P/B ratio of Ethos Ltd. as of 03-Jun-2026 is 4.29.

The 52-week high of Ethos Ltd. is ₹3,244.5 and the 52-week low is ₹1,921.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ethos Ltd. is ₹1,613 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ethos Ltd is a average quality company.

The key valuation ratios of Ethos Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ethos Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Ethos Ltd

The company was originally incorporated as ‘Kamla Retail Limited’ under the provisions of Companies Act, 1956, at Parwanoo, Himachal Pradesh, pursuant to the certificate of incorporation dated November 5, 2007, issued by the Assistant Registrar of Companies, Punjab, Himachal Pradesh and Chandigarh. Subsequently, the name of the Company was changed to ‘Ethos Limited’ pursuant to a special resolution passed by the Shareholders of the Company on March 2, 2012, and a revised certificate of incorporation was issued by Registrar of Companies, Himachal Pradesh on March 5, 2012.

Ethos is India’s one of the largest luxury and premium watch retail player, delivering a content-led luxury retail experience to its customers through its online and physical presence. In addition to its chain of physical retail stores in several cities in India in a multi store format, it offer an Omnichannel experience to its customers through its website and social media platforms. It has the sizeable portfolio of premium and luxury watches in India enabling it to retail premium and luxury watch brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet and Balmain.

The company’s Omnichannel approach is premised on its endeavour to provide experience, content, customisation, reach and convenience to its customers. In addition to its premium and luxury watch retail, it also undertake retail of certified pre-owned luxury watches under ‘Certified Pre-Owned’ (CPO) luxury watch lounge located at National Capital Territory of New Delhi. It started its pre-owned luxury watch retail business in Fiscal 2019. Its physical presence is leveraged by its strong digital platform with a frequently visited website, effective social media communication, a large database of HNI customers and an active program of home and office delivery of luxury products.

Business area of the company

Ethos is the largest luxury and premium watch retailer in India, operating on an omnichannel model and allows customers to order products either offline or online.

Major Achievements

2007: Incorporation of Kamla Retail Limited as a public limited company.
2008: Transfer of retail business of KDDL to Company.
2009: Inaugurated retail shop at Indira Gandhi International Airport, New Delhi.
2010: Amalgamation of Mahen Boutiques Limited into Kamla Retail Limited.
2011: Ethos launched “Ethos Westminster”- Its first clock boutique in India at UB City, Bangalore, Karnataka.
2012: Change of name of Company from Kamla Retail Limited to Ethos Limited.
2018: Club Echo - 2 lakh members.
2019: Initiation of flagship store.
2020: Landmark of 50 stores within the country.
2021: Introduction of pre-owned watches in National Capital Territory of New Delhi.
2021: Initiation of dedicated service centre in National Capital Territory of New Delhi.

Ethos Ltd (ETHOSLTD)

Ethos Ltd (ETHOSLTD)

Ethos stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Ethos Ltd. - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ethos Ltd FAQs

About Ethos Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
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Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ethos Ltd (ETHOSLTD)

Ethos Ltd (ETHOSLTD)

Ethos stock performance

Check Before You Invest

Quality

Valuation

Price Trend

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Ethos Ltd. - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ethos Ltd FAQs

What is the share price of Ethos Ltd.?

What is the market cap of Ethos Ltd.?

What is the P/E ratio of Ethos Ltd.?

What is the P/B ratio of Ethos Ltd.?

What is the 52-week high and low of Ethos Ltd.?

What is the TTM revenue of Ethos Ltd.?

Is Ethos Ltd a good quality company?

Is Ethos Ltd undervalued or overvalued?

Is Ethos Ltd a good buy now?

About Ethos Ltd

About MoneyWorks4Me

Our Vision

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.