| Revenue growth | 28.8% YoY for FY26; 33.3% for Q4 FY26. |
|---|---|
| Margins | EBITDA margins compressed to 11.0% (FY26) vs 12.6% (FY25) due to forex. |
| Demand visibility | Strong premiumisation trends in luxury timepieces and lifestyle segments. |
| Management confidence | High; aiming for 10x revenue growth over next decade. |
Growth
FY26 Consolidated Revenue reached ₹1,612.2 cr (+28.8% YoY); EBITDA at ₹182.7 cr (+13.5% YoY).
Outlook
Long-term ambition for 10x revenue increase in a decade; aggressive store expansion in high-potential cities.
Risks
Currency volatility (CHF/INR depreciation) impacted gross margins; one-time ₹1.8 cr charge from new Labour Code.
Earnings Call filed with NSE, NSE: ETHOSLTD. Summary written with AI assistance from the document.
Ethos Ltd: key numbers
- Share price
- ₹2,552.80
- Market cap
- ₹6,831 Cr
- Revenue (annual)
- ₹1,612 Cr
- Net profit (annual)
- ₹94.77 Cr
- P/E (TTM)
- 65.8×Sector 67.6×
- Promoter holding
- 50.59%+0.00% QoQ
- FII holding
- 11.33%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ethos Ltd
All →Ethos Annual General Meeting
Ethos Ltd disclosed proceedings of its 19th AGM held on 15 Sep 2026. The meeting adopted FY26 financials and re-appointed the Chairman & WTD Mr. Yashovardhan Saboo.
Ethos Capacity Expansion
Ethos Limited has inaugurated a new watch boutique at Hilite Mall in Kozhikode, Kerala. The company now operates 104 boutiques across India.
- new retail store
- 1.0 boutiques
Ethos Investor Presentation: Key Takeaways
Ethos Limited delivered strong Q1 FY27 results with consolidated revenue of ₹461.7 Cr, up 33.3% YoY. Strategy focuses on luxury boutique expansion and high-margin exclusive brand scaling.
Ethos Q1 FY27 Results: Net Profit ₹28.7 Cr, Up 51.1% YoY
Ethos Ltd reported revenue from operations of ₹461.7 Cr (+33.3% YoY) and net profit of ₹28.7 Cr (+51.1% YoY) for Q1 FY27.
- Key figure
- Net profit ₹28.7 Cr · +51.1% YoY
Ethos Q4 FY26 Results: Net Profit ₹22.8 Cr, Up 0.4% YoY
Ethos Ltd reported revenue from operations of ₹414 Cr (+33.0% YoY) and net profit of ₹22.8 Cr (+0.4% YoY) for Q4 FY26.
- Key figure
- Net profit ₹22.8 Cr · +0.4% YoY