ETHOSLTD
Ethos Limited (ETHOSLTD) Stock Analysis
Ethos Limited is an Indian luxury watch retail company operating Ethos-branded stores. It sells premium Swiss and international watch brands through malls and high-street outlets. The company targets affluent consumers in major Indian cities. It is listed on Indian stock exchanges.
Consumer Cyclical › Luxury Goods
₹2,563.10
+1.23% 1W | -5.70% 52W
Market Cap
6.9k CR
P/E Ratio
65.8
52W High
₹3245.9
52W Low
₹1919.4
Div. Yield
0%
Beta
0.1
50 DMA
₹2729.4
200 DMA
₹2528.4
Profit Margin
6%
Inst. Own.
34%
🔥 APPROACHING RESISTANCE
🔥 APPROACHING RESISTANCE
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 230 | 235 | 281 | 253 | 273 | 297 | 370 | 311 | 346 | 383 | 469 | 414 | 462 |
| Expenses | 196 | 198 | 237 | 217 | 230 | 255 | 313 | 265 | 301 | 336 | 408 | 364 | 402 |
| Operating Profit | 34 | 37 | 45 | 36 | 43 | 42 | 57 | 46 | 45 | 48 | 61 | 50 | 60 |
| OPM % | 15% | 16% | 16% | 14% | 16% | 14% | 15% | 15% | 13% | 12% | 13% | 12% | 13% |
| Other Income | 5 | 4 | 6 | 9 | 6 | 6 | 6 | 6 | 6 | 12 | 14 | 13 | 13 |
| Interest | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 6 | 7 | 8 | 7 | 8 |
| Depreciation | 11 | 13 | 13 | 13 | 14 | 15 | 17 | 17 | 19 | 21 | 25 | 25 | 26 |
| Profit before tax | 24 | 25 | 34 | 28 | 31 | 29 | 41 | 30 | 26 | 32 | 42 | 31 | 39 |
| Tax % | 25% | 25% | 26% | 24% | 26% | 26% | 27% | 25% | 27% | 25% | 27% | 26% | 27% |
| Net Profit | 18 | 19 | 26 | 21 | 23 | 21 | 29 | 23 | 19 | 24 | 31 | 23 | 29 |
| EPS in Rs | 7.12 | 7.29 | 9.52 | 7.85 | 8.51 | 7.93 | 11.00 | 8.49 | 7.11 | 8.89 | 11.37 | 8.22 | 10.51 |
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 444 | 458 | 387 | 577 | 789 | 999 | 1,252 | 1,612 | 1,728 |
| Expenses | 407 | 402 | 344 | 505 | 668 | 841 | 1,055 | 1,397 | 1,510 |
| Operating Profit | 36 | 56 | 43 | 72 | 120 | 158 | 197 | 215 | 218 |
| OPM % | 8% | 12% | 11% | 12% | 15% | 16% | 16% | 13% | 13% |
| Other Income | 2 | 2 | 17 | 13 | 15 | 24 | 24 | 44 | 52 |
| Interest | 11 | 24 | 20 | 21 | 20 | 22 | 27 | 38 | 30 |
| Depreciation | 5 | 33 | 33 | 32 | 35 | 49 | 63 | 89 | 97 |
| Profit before tax | 22 | 2 | 7 | 32 | 81 | 111 | 130 | 131 | 144 |
| Tax % | 39% | 168% | 29% | 26% | 25% | 25% | 26% | 27% | |
| Net Profit | 13 | -1 | 5 | 23 | 60 | 83 | 96 | 96 | 106 |
| EPS in Rs | 7.23 | -0.67 | 2.39 | 11.19 | 23.65 | 31.08 | 35.93 | 35.42 | 38.99 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 27.0% | 33.0% | – |
| Profit CAGR | 16.0% | 82.0% | – |
Shareholding Pattern
Promoters50.58%
FIIs13.13%
DIIs18.18%
Public18.10%
Promoters50.58%
FIIs13.29%
DIIs19.95%
Public16.16%
Promoters50.58%
FIIs12.59%
DIIs21.25%
Public15.57%
Promoters50.58%
FIIs10.89%
DIIs23.59%
Public14.93%
Promoters50.58%
FIIs11.33%
DIIs23.91%
Public14.18%
Promoters64.67%
FIIs7.34%
DIIs9.75%
Public18.22%
Promoters55.72%
FIIs11.28%
DIIs13.08%
Public19.92%
Promoters50.58%
FIIs12.56%
DIIs17.85%
Public19.01%
Promoters50.58%
FIIs10.89%
DIIs23.59%
Public14.93%
Promoters50.58%
FIIs11.33%
DIIs23.91%
Public14.18%
ETHOSLTD
Holdings Analysis
Key strengths & risk signals
63
Overall
70
Fundamental
56
Technical
Risks (3)
OVERVALUED! PEG of 4.04 means expensive relative to growth rate.
RECOVERY MODE! Current price (2563.1) above 200-day but below 50-day.
WEAK YEAR! Stock declined 5.7% in the last year.
Strengths (4)
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
BULLISH TREND! 50-day average (2729.4) is above 200-day average (2528.4) - positive signal.
LOW VOLATILITY! Beta of 0.10 - stable stock, less market risk.
NEUTRAL! RSI at 42.9 - balanced momentum.
Fundamental & Technical Analysis
63Overall
70Fundamental
56Technical
Fundamental Breakdown
Growth Quality
28/30
Revenue CAGR: 26.9% (EXCELLENT, 15/15). Profit CAGR: 16.3% (VERY GOOD, 13/15).
Profit Margin
3/10
LOW MARGIN! 6.0% profit margin - thin profits.
PEG Valuation
0/10
OVERVALUED! PEG of 4.04 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
16/20
LESS PUBLIC HOLDING! 19.17% public ownership - good institutional/promoter control.
Stability Index
10/10
PERFECT RECORD! Revenue has grown consistently every year. Exceptional business stability.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (2729.4) is above 200-day average (2528.4) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (2563.1) above 200-day but below 50-day.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
3/10
WEAK YEAR! Stock declined 5.7% in the last year.
Volume Sentiment
15/30
BEARISH SENTIMENT! In last 30 days: 12 up days, 18 down days. Avg volume on up days: 47,364 vs down days: 48,168. Ratio: 0.98x
RSI
3/5
NEUTRAL! RSI at 42.9 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 48.5% of 52W range - neutral zone.
Momentum
3/5
MIXED MOMENTUM! Price growth is inconsistent - 1.2% (1 week), -6.6% (1 month), 3.5% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.10 - stable stock, less market risk.
Peer Comparison
Consumer Cyclical · Luxury Goods · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ETHOSLTD | ₹2,563.10 | 65.8 | 6.0% | 26.9% | 16.3% | -5.7% | 63 | APPROACHING RESISTANCE | +47.9% | +27.7% | +33.3% | +11.5% |
| TIMEX | ₹724.40 | 86.2 | 10.1% | 27.7% | 17.5% | +105.8% | 77 | HIT RESISTANCE | +70.1% | -8.4% | +29.6% | -6.9% |
| SENCO | ₹334.80 | 9.6 | 5.9% | 27.4% | 53.6% | +3.4% | 77 | APPROACHING RESISTANCE | -3.4% | -35.6% | +67.3% | +53.1% |
| DPABHUSHAN | ₹2,363.80 | 22.5 | 5.5% | 27.0% | 67.2% | +59.0% | 88 | BREAKOUT | +76.9% | +27.3% | +57.7% | -36.1% |
| PNGJL | ₹600.00 | 18.3 | 3.9% | 33.6% | 76.7% | -11.5% | 81 | BREAKOUT | +51.9% | +16.6% | +40.7% | -31.9% |
| BLUESTONE | ₹817.60 | 240.5 | 2.1% | 46.8% | – | +13.8% | 50 | BREAKDOWN | -120.3% | -77.6% | +49.5% | +8.1% |
| SKYGOLD | ₹921.00 | 42.5 | 4.7% | 76.0% | 145.5% | +160.2% | 87 | BREAKOUT | +140.6% | +24.4% | +77.9% | +5.3% |
| PCJEWELLER | ₹14.80 | 20 | 22.1% | 10.7% | – | +8.3% | 70 | BREAKOUT | +37.2% | +45.3% | +21.0% | -5.4% |
Data from TradeAlone · Updated daily
ETHOSLTD News
Ethos Limited (ethosltd) MD & CEO Pranav Saboo Joins GPHG Jury2026-08-26Ethos Limited (NSE: ETHOSLTD) clears resistance, moves up 13% intraday2026-08-03Ethos Limited (NSE: ETHOSLTD) breaks out, gains 6% intraday2026-08-03Ethos Limited (NSE: ETHOSLTD) clears resistance at ₹2469, gains 6% intraday2026-07-13Ethos Limited (ethosltd) to Host Grand Prix D’horlogerie De Genève (gphg) Exhibition in India2026-07-02Ethos Limited (NSE: ETHOSLTD) gains 6% intraday, above resistance2026-06-22Ethos Limited (ethosltd) Reaches 100th Boutique Milestone in India2026-05-15
