Share Price and Basic Stock Data
Last Updated: December 27, 2025, 11:20 pm
| PEG Ratio | 3.25 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Ethos Ltd, a leading player in the Indian watch industry, reported a price of ₹2,999 and a market capitalization of ₹8,029 Cr. The company has shown significant growth in revenue, with sales rising from ₹444 Cr in March 2019 to ₹789 Cr in March 2023, and projected to reach ₹1,252 Cr by March 2025. The trailing twelve months (TTM) revenue stood at ₹1,411 Cr, indicating a robust growth trajectory. Quarterly sales figures also reflect a positive trend, with the most recent quarter ending September 2023 recording ₹235 Cr, a slight increase from ₹230 Cr in June 2023. This consistent growth in revenue underscores Ethos Ltd’s strong market position and the increasing consumer demand for luxury watches in India. The company’s ability to adapt to market conditions, along with a diverse product portfolio, has contributed to its revenue enhancement, positioning it favorably against competitors in the sector.
Profitability and Efficiency Metrics
Ethos Ltd’s profitability metrics indicate a healthy operational performance, with a reported operating profit margin (OPM) of 12% as of the latest figures. The company achieved a net profit of ₹95 Cr, resulting in a price-to-earnings (P/E) ratio of 84.5, which is relatively high compared to sector norms, suggesting strong growth expectations. The return on equity (ROE) stood at 10.4%, while the return on capital employed (ROCE) was recorded at 13.8%. These figures reflect efficient asset utilization and effective management of capital. Additionally, the interest coverage ratio (ICR) of 11.03x demonstrates the company’s strong ability to meet interest obligations, further highlighting its operational efficiency. The cash conversion cycle (CCC) of 215 days, however, indicates room for improvement in working capital management, which could enhance liquidity and operational efficiency.
Balance Sheet Strength and Financial Ratios
Ethos Ltd’s balance sheet exhibits a solid financial foundation, with total reserves amounting to ₹1,407 Cr against borrowings of ₹314 Cr. This low level of debt enhances the company’s financial stability, reflected in a total debt-to-equity ratio of 0.00, indicating no significant reliance on external financing. The current ratio of 4.96 signifies strong liquidity, ensuring that the company can meet its short-term obligations comfortably. However, the price-to-book value (P/BV) ratio of 6.18x suggests that the stock may be overvalued compared to its net asset value, which could deter value-focused investors. The equity capital has gradually increased from ₹17 Cr in March 2019 to ₹24 Cr in March 2025, reflecting ongoing investments in growth initiatives. Ethos Ltd’s ability to maintain a healthy balance sheet will be crucial in navigating potential economic fluctuations.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Ethos Ltd reveals a diverse investor base, with promoters holding 50.58% and institutional investors comprising 33.24% (FIIs at 13.29% and DIIs at 19.95%). This level of institutional ownership typically signals a degree of confidence among professional investors in the company’s prospects. However, promoter shareholding has decreased from 64.67% in December 2022 to 50.58% in March 2025, which may raise concerns about management’s control over the company. The number of shareholders has significantly increased, from 13,862 in December 2022 to 40,447 in September 2025, indicating growing interest in the stock. This expanding shareholder base reflects increasing public confidence in Ethos Ltd’s growth potential and market strategy, but the declining promoter stake could lead to questions regarding long-term strategic alignment.
Outlook, Risks, and Final Insight
Looking ahead, Ethos Ltd is well-positioned to capitalize on the growing demand for luxury watches in India, supported by its robust revenue growth and efficiency metrics. However, potential risks include the high P/E ratio, which may limit upside potential if growth expectations are not met, and the rising operational costs reflected in the increasing CCC. Additionally, fluctuations in consumer sentiment and competition from both domestic and international brands could impact market share. The company’s financial strength provides a buffer against these risks, but it will need to focus on improving working capital management and maintaining strong profit margins. Overall, while the outlook remains positive, effective risk management strategies will be critical for sustaining growth and shareholder value in the competitive landscape of the luxury watch market.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Ethos Ltd | 8,025 Cr. | 2,999 | 3,246/1,897 | 84.4 | 536 | 0.00 % | 13.8 % | 10.4 % | 10.0 |
| KDDL Ltd | 2,936 Cr. | 2,388 | 3,351/2,049 | 31.7 | 851 | 0.63 % | 14.1 % | 11.5 % | 10.0 |
| Industry Average | 5,480.50 Cr | 2,693.50 | 58.05 | 693.50 | 0.32% | 13.95% | 10.95% | 10.00 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 178 | 230 | 208 | 230 | 235 | 281 | 253 | 273 | 297 | 370 | 311 | 346 | 383 |
| Expenses | 152 | 194 | 182 | 196 | 198 | 237 | 217 | 230 | 255 | 313 | 265 | 301 | 336 |
| Operating Profit | 26 | 36 | 26 | 34 | 37 | 45 | 36 | 43 | 42 | 57 | 46 | 45 | 48 |
| OPM % | 15% | 16% | 12% | 15% | 16% | 16% | 14% | 16% | 14% | 15% | 15% | 13% | 12% |
| Other Income | 4 | 4 | 5 | 5 | 4 | 6 | 9 | 6 | 6 | 6 | 6 | 6 | 12 |
| Interest | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 7 |
| Depreciation | 8 | 9 | 9 | 11 | 13 | 13 | 13 | 14 | 15 | 17 | 17 | 19 | 21 |
| Profit before tax | 18 | 28 | 18 | 24 | 25 | 34 | 28 | 31 | 29 | 41 | 30 | 26 | 32 |
| Tax % | 25% | 25% | 25% | 25% | 25% | 26% | 24% | 26% | 26% | 27% | 25% | 27% | 25% |
| Net Profit | 14 | 21 | 13 | 18 | 19 | 26 | 21 | 23 | 21 | 29 | 23 | 19 | 24 |
| EPS in Rs | 5.32 | 8.10 | 5.21 | 7.12 | 7.29 | 9.52 | 7.85 | 8.51 | 7.93 | 11.00 | 8.49 | 7.11 | 8.89 |
Last Updated: December 27, 2025, 1:39 am
Below is a detailed analysis of the quarterly data for Ethos Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 383.00 Cr.. The value appears strong and on an upward trend. It has increased from 346.00 Cr. (Jun 2025) to 383.00 Cr., marking an increase of 37.00 Cr..
- For Expenses, as of Sep 2025, the value is 336.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 301.00 Cr. (Jun 2025) to 336.00 Cr., marking an increase of 35.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 48.00 Cr.. The value appears strong and on an upward trend. It has increased from 45.00 Cr. (Jun 2025) to 48.00 Cr., marking an increase of 3.00 Cr..
- For OPM %, as of Sep 2025, the value is 12.00%. The value appears to be declining and may need further review. It has decreased from 13.00% (Jun 2025) to 12.00%, marking a decrease of 1.00%.
- For Other Income, as of Sep 2025, the value is 12.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Jun 2025) to 12.00 Cr., marking an increase of 6.00 Cr..
- For Interest, as of Sep 2025, the value is 7.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 6.00 Cr. (Jun 2025) to 7.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 21.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 19.00 Cr. (Jun 2025) to 21.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 32.00 Cr.. The value appears strong and on an upward trend. It has increased from 26.00 Cr. (Jun 2025) to 32.00 Cr., marking an increase of 6.00 Cr..
- For Tax %, as of Sep 2025, the value is 25.00%. The value appears to be improving (decreasing) as expected. It has decreased from 27.00% (Jun 2025) to 25.00%, marking a decrease of 2.00%.
- For Net Profit, as of Sep 2025, the value is 24.00 Cr.. The value appears strong and on an upward trend. It has increased from 19.00 Cr. (Jun 2025) to 24.00 Cr., marking an increase of 5.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 8.89. The value appears strong and on an upward trend. It has increased from 7.11 (Jun 2025) to 8.89, marking an increase of 1.78.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 3:46 am
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|
| Sales | 444 | 458 | 387 | 577 | 789 | 999 | 1,252 | 1,411 |
| Expenses | 407 | 402 | 344 | 505 | 668 | 841 | 1,055 | 1,215 |
| Operating Profit | 36 | 56 | 43 | 72 | 120 | 158 | 197 | 196 |
| OPM % | 8% | 12% | 11% | 12% | 15% | 16% | 16% | 14% |
| Other Income | 2 | 2 | 17 | 13 | 15 | 24 | 24 | 29 |
| Interest | 11 | 24 | 20 | 21 | 20 | 22 | 27 | 23 |
| Depreciation | 5 | 33 | 33 | 32 | 35 | 49 | 63 | 74 |
| Profit before tax | 22 | 2 | 7 | 32 | 81 | 111 | 130 | 129 |
| Tax % | 39% | 168% | 29% | 26% | 25% | 25% | 26% | |
| Net Profit | 13 | -1 | 5 | 23 | 60 | 83 | 96 | 95 |
| EPS in Rs | 7.23 | -0.67 | 2.39 | 11.19 | 23.65 | 31.08 | 35.93 | 35.49 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -107.69% | 600.00% | 360.00% | 160.87% | 38.33% | 15.66% |
| Change in YoY Net Profit Growth (%) | 0.00% | 707.69% | -240.00% | -199.13% | -122.54% | -22.67% |
Ethos Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 29% |
| TTM: | 27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 120% |
| 3 Years: | 60% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 11% |
| Last Year: | 10% |
Last Updated: September 5, 2025, 3:26 pm
Balance Sheet
Last Updated: December 4, 2025, 2:50 am
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 18 | 18 | 19 | 23 | 24 | 24 | 27 |
| Reserves | 117 | 132 | 139 | 213 | 608 | 859 | 958 | 1,407 |
| Borrowings | 69 | 174 | 140 | 161 | 121 | 145 | 289 | 314 |
| Other Liabilities | 98 | 98 | 96 | 111 | 127 | 142 | 139 | 393 |
| Total Liabilities | 301 | 422 | 394 | 504 | 880 | 1,171 | 1,410 | 2,140 |
| Fixed Assets | 22 | 125 | 113 | 130 | 197 | 230 | 401 | 467 |
| CWIP | 5 | 1 | 4 | 0 | 4 | 9 | 31 | 12 |
| Investments | 0 | 1 | 1 | 2 | 2 | 25 | 36 | 38 |
| Other Assets | 275 | 296 | 276 | 373 | 677 | 907 | 942 | 1,623 |
| Total Assets | 301 | 422 | 394 | 504 | 880 | 1,171 | 1,410 | 2,140 |
Below is a detailed analysis of the balance sheet data for Ethos Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 24.00 Cr. (Mar 2025) to 27.00 Cr., marking an increase of 3.00 Cr..
- For Reserves, as of Sep 2025, the value is 1,407.00 Cr.. The value appears strong and on an upward trend. It has increased from 958.00 Cr. (Mar 2025) to 1,407.00 Cr., marking an increase of 449.00 Cr..
- For Borrowings, as of Sep 2025, the value is 314.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 289.00 Cr. (Mar 2025) to 314.00 Cr., marking an increase of 25.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 393.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 139.00 Cr. (Mar 2025) to 393.00 Cr., marking an increase of 254.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 2,140.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,410.00 Cr. (Mar 2025) to 2,140.00 Cr., marking an increase of 730.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 467.00 Cr.. The value appears strong and on an upward trend. It has increased from 401.00 Cr. (Mar 2025) to 467.00 Cr., marking an increase of 66.00 Cr..
- For CWIP, as of Sep 2025, the value is 12.00 Cr.. The value appears to be declining and may need further review. It has decreased from 31.00 Cr. (Mar 2025) to 12.00 Cr., marking a decrease of 19.00 Cr..
- For Investments, as of Sep 2025, the value is 38.00 Cr.. The value appears strong and on an upward trend. It has increased from 36.00 Cr. (Mar 2025) to 38.00 Cr., marking an increase of 2.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,623.00 Cr.. The value appears strong and on an upward trend. It has increased from 942.00 Cr. (Mar 2025) to 1,623.00 Cr., marking an increase of 681.00 Cr..
- For Total Assets, as of Sep 2025, the value is 2,140.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,410.00 Cr. (Mar 2025) to 2,140.00 Cr., marking an increase of 730.00 Cr..
Notably, the Reserves (1,407.00 Cr.) exceed the Borrowings (314.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
| Free Cash Flow | -33.00 | -118.00 | -97.00 | -89.00 | -1.00 | 13.00 | -92.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 7 | 7 | 12 | 3 | 3 | 6 | 5 |
| Inventory Days | 238 | 242 | 256 | 222 | 228 | 230 | 247 |
| Days Payable | 79 | 80 | 93 | 74 | 65 | 50 | 37 |
| Cash Conversion Cycle | 166 | 170 | 174 | 151 | 166 | 185 | 215 |
| Working Capital Days | 77 | 72 | 83 | 84 | 121 | 127 | 143 |
| ROCE % | 10% | 9% | 15% | 18% | 15% | 14% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| ICICI Prudential Flexicap Fund | 2,040,717 | 3.11 | 622.85 | 1,573,280 | 2025-11-03 11:07:01 | 29.71% |
| Invesco India Midcap Fund | 524,295 | 1.6 | 160.02 | N/A | N/A | N/A |
| Invesco India Large & Mid Cap Fund | 455,674 | 1.48 | 139.08 | 311,894 | 2025-11-03 01:08:21 | 46.1% |
| Invesco India Smallcap Fund | 377,591 | 1.28 | 115.24 | 242,332 | 2025-11-03 11:07:01 | 55.82% |
| Bandhan Small Cap Fund | 285,885 | 0.48 | 87.26 | 289,012 | 2025-12-15 00:06:16 | -1.08% |
| Bandhan Large & Mid Cap Fund | 275,405 | 0.66 | 84.06 | N/A | N/A | N/A |
| Invesco India Multicap Fund | 128,309 | 0.92 | 39.16 | N/A | N/A | N/A |
| Invesco India Flexi Cap Fund | 122,543 | 0.8 | 37.4 | 67,923 | 2025-11-03 11:07:02 | 80.41% |
| Quant Small Cap Fund | 95,108 | 0.1 | 29.03 | 87,898 | 2025-12-15 00:06:16 | 8.2% |
| Tata India Consumer Fund | 58,964 | 0.67 | 18 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 39.33 | 34.98 | 26.56 | 12.69 | 2.61 |
| Diluted EPS (Rs.) | 39.33 | 34.98 | 26.56 | 12.69 | 2.59 |
| Cash EPS (Rs.) | 65.83 | 53.63 | 40.44 | 30.13 | 20.39 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 401.22 | 361.09 | 270.46 | 126.73 | 86.17 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 401.22 | 361.09 | 270.46 | 126.73 | 86.17 |
| Revenue From Operations / Share (Rs.) | 511.28 | 408.08 | 337.71 | 316.96 | 212.25 |
| PBDIT / Share (Rs.) | 87.57 | 71.62 | 55.23 | 43.75 | 30.82 |
| PBIT / Share (Rs.) | 61.83 | 51.74 | 40.40 | 26.45 | 12.97 |
| PBT / Share (Rs.) | 53.89 | 45.19 | 34.34 | 17.30 | 3.62 |
| Net Profit / Share (Rs.) | 40.09 | 33.75 | 25.61 | 12.83 | 2.54 |
| NP After MI And SOA / Share (Rs.) | 39.33 | 34.02 | 25.82 | 12.84 | 2.61 |
| PBDIT Margin (%) | 17.12 | 17.55 | 16.35 | 13.80 | 14.52 |
| PBIT Margin (%) | 12.09 | 12.67 | 11.96 | 8.34 | 6.11 |
| PBT Margin (%) | 10.54 | 11.07 | 10.16 | 5.45 | 1.70 |
| Net Profit Margin (%) | 7.84 | 8.27 | 7.58 | 4.04 | 1.19 |
| NP After MI And SOA Margin (%) | 7.69 | 8.33 | 7.64 | 4.05 | 1.23 |
| Return on Networth / Equity (%) | 9.80 | 9.42 | 9.54 | 10.13 | 3.03 |
| Return on Capital Employeed (%) | 12.30 | 12.66 | 12.92 | 14.16 | 9.61 |
| Return On Assets (%) | 6.83 | 7.11 | 6.85 | 4.63 | 1.20 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.01 | 0.11 | 0.10 |
| Total Debt / Equity (X) | 0.00 | 0.01 | 0.01 | 0.25 | 0.33 |
| Asset Turnover Ratio (%) | 0.97 | 0.97 | 1.14 | 1.29 | 0.94 |
| Current Ratio (X) | 4.96 | 5.06 | 4.27 | 2.05 | 1.73 |
| Quick Ratio (X) | 1.66 | 2.48 | 2.00 | 0.52 | 0.39 |
| Inventory Turnover Ratio (X) | 2.42 | 0.00 | 0.00 | 2.58 | 0.00 |
| Interest Coverage Ratio (X) | 11.03 | 10.95 | 9.11 | 4.78 | 3.30 |
| Interest Coverage Ratio (Post Tax) (X) | 6.05 | 6.16 | 5.22 | 2.40 | 1.27 |
| Enterprise Value (Cr.) | 5852.10 | 5994.68 | 2024.50 | 0.00 | 0.00 |
| EV / Net Operating Revenue (X) | 4.68 | 6.00 | 2.57 | 0.00 | 0.00 |
| EV / EBITDA (X) | 27.30 | 34.19 | 15.70 | 0.00 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 4.85 | 6.34 | 2.85 | 0.00 | 0.00 |
| Price / BV (X) | 6.18 | 7.16 | 3.56 | 0.00 | 0.00 |
| Price / Net Operating Revenue (X) | 4.85 | 6.34 | 2.85 | 0.00 | 0.00 |
| EarningsYield | 0.01 | 0.01 | 0.02 | 0.00 | 0.00 |
After reviewing the key financial ratios for Ethos Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 39.33. This value is within the healthy range. It has increased from 34.98 (Mar 24) to 39.33, marking an increase of 4.35.
- For Diluted EPS (Rs.), as of Mar 25, the value is 39.33. This value is within the healthy range. It has increased from 34.98 (Mar 24) to 39.33, marking an increase of 4.35.
- For Cash EPS (Rs.), as of Mar 25, the value is 65.83. This value is within the healthy range. It has increased from 53.63 (Mar 24) to 65.83, marking an increase of 12.20.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 401.22. It has increased from 361.09 (Mar 24) to 401.22, marking an increase of 40.13.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 401.22. It has increased from 361.09 (Mar 24) to 401.22, marking an increase of 40.13.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 511.28. It has increased from 408.08 (Mar 24) to 511.28, marking an increase of 103.20.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 87.57. This value is within the healthy range. It has increased from 71.62 (Mar 24) to 87.57, marking an increase of 15.95.
- For PBIT / Share (Rs.), as of Mar 25, the value is 61.83. This value is within the healthy range. It has increased from 51.74 (Mar 24) to 61.83, marking an increase of 10.09.
- For PBT / Share (Rs.), as of Mar 25, the value is 53.89. This value is within the healthy range. It has increased from 45.19 (Mar 24) to 53.89, marking an increase of 8.70.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 40.09. This value is within the healthy range. It has increased from 33.75 (Mar 24) to 40.09, marking an increase of 6.34.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 39.33. This value is within the healthy range. It has increased from 34.02 (Mar 24) to 39.33, marking an increase of 5.31.
- For PBDIT Margin (%), as of Mar 25, the value is 17.12. This value is within the healthy range. It has decreased from 17.55 (Mar 24) to 17.12, marking a decrease of 0.43.
- For PBIT Margin (%), as of Mar 25, the value is 12.09. This value is within the healthy range. It has decreased from 12.67 (Mar 24) to 12.09, marking a decrease of 0.58.
- For PBT Margin (%), as of Mar 25, the value is 10.54. This value is within the healthy range. It has decreased from 11.07 (Mar 24) to 10.54, marking a decrease of 0.53.
- For Net Profit Margin (%), as of Mar 25, the value is 7.84. This value is within the healthy range. It has decreased from 8.27 (Mar 24) to 7.84, marking a decrease of 0.43.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 7.69. This value is below the healthy minimum of 8. It has decreased from 8.33 (Mar 24) to 7.69, marking a decrease of 0.64.
- For Return on Networth / Equity (%), as of Mar 25, the value is 9.80. This value is below the healthy minimum of 15. It has increased from 9.42 (Mar 24) to 9.80, marking an increase of 0.38.
- For Return on Capital Employeed (%), as of Mar 25, the value is 12.30. This value is within the healthy range. It has decreased from 12.66 (Mar 24) to 12.30, marking a decrease of 0.36.
- For Return On Assets (%), as of Mar 25, the value is 6.83. This value is within the healthy range. It has decreased from 7.11 (Mar 24) to 6.83, marking a decrease of 0.28.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.00. This value is within the healthy range. It has decreased from 0.01 (Mar 24) to 0.00, marking a decrease of 0.01.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.97. There is no change compared to the previous period (Mar 24) which recorded 0.97.
- For Current Ratio (X), as of Mar 25, the value is 4.96. This value exceeds the healthy maximum of 3. It has decreased from 5.06 (Mar 24) to 4.96, marking a decrease of 0.10.
- For Quick Ratio (X), as of Mar 25, the value is 1.66. This value is within the healthy range. It has decreased from 2.48 (Mar 24) to 1.66, marking a decrease of 0.82.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.42. This value is below the healthy minimum of 4. It has increased from 0.00 (Mar 24) to 2.42, marking an increase of 2.42.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 11.03. This value is within the healthy range. It has increased from 10.95 (Mar 24) to 11.03, marking an increase of 0.08.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 6.05. This value is within the healthy range. It has decreased from 6.16 (Mar 24) to 6.05, marking a decrease of 0.11.
- For Enterprise Value (Cr.), as of Mar 25, the value is 5,852.10. It has decreased from 5,994.68 (Mar 24) to 5,852.10, marking a decrease of 142.58.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 4.68. This value exceeds the healthy maximum of 3. It has decreased from 6.00 (Mar 24) to 4.68, marking a decrease of 1.32.
- For EV / EBITDA (X), as of Mar 25, the value is 27.30. This value exceeds the healthy maximum of 15. It has decreased from 34.19 (Mar 24) to 27.30, marking a decrease of 6.89.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 4.85. This value exceeds the healthy maximum of 3. It has decreased from 6.34 (Mar 24) to 4.85, marking a decrease of 1.49.
- For Price / BV (X), as of Mar 25, the value is 6.18. This value exceeds the healthy maximum of 3. It has decreased from 7.16 (Mar 24) to 6.18, marking a decrease of 0.98.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 4.85. This value exceeds the healthy maximum of 3. It has decreased from 6.34 (Mar 24) to 4.85, marking a decrease of 1.49.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Ethos Ltd:
- Net Profit Margin: 7.84%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.3% (Industry Average ROCE: 13.95%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 9.8% (Industry Average ROE: 10.95%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 6.05
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.66
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 84.4 (Industry average Stock P/E: 58.05)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 7.84%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Watches | Plot No. 3, Parwanoo Himachal Pradesh 173220 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Yashovardhan Saboo | Chairman & Managing Director |
| Mr. Pranav Shankar Saboo | Managing Director & CEO |
| Mr. Mukul Krishan Khanna | Executive Director & COO |
| Mr. Anil Khanna | Independent Director |
| Mr. Charu Sharma | Independent Director |
| Mr. Dilpreet Singh | Independent Director |
| Mrs. Munisha Gandhi | Independent Woman Director |
| Mr. Sundeep Kumar | Independent Director |
FAQ
What is the intrinsic value of Ethos Ltd?
Ethos Ltd's intrinsic value (as of 27 December 2025) is 3839.11 which is 28.01% higher the current market price of 2,999.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 8,025 Cr. market cap, FY2025-2026 high/low of 3,246/1,897, reserves of ₹1,407 Cr, and liabilities of 2,140 Cr.
What is the Market Cap of Ethos Ltd?
The Market Cap of Ethos Ltd is 8,025 Cr..
What is the current Stock Price of Ethos Ltd as on 27 December 2025?
The current stock price of Ethos Ltd as on 27 December 2025 is 2,999.
What is the High / Low of Ethos Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Ethos Ltd stocks is 3,246/1,897.
What is the Stock P/E of Ethos Ltd?
The Stock P/E of Ethos Ltd is 84.4.
What is the Book Value of Ethos Ltd?
The Book Value of Ethos Ltd is 536.
What is the Dividend Yield of Ethos Ltd?
The Dividend Yield of Ethos Ltd is 0.00 %.
What is the ROCE of Ethos Ltd?
The ROCE of Ethos Ltd is 13.8 %.
What is the ROE of Ethos Ltd?
The ROE of Ethos Ltd is 10.4 %.
What is the Face Value of Ethos Ltd?
The Face Value of Ethos Ltd is 10.0.