ALFA Finder| 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
- ₹2,850.40
- Market cap
- ₹7,627 Cr
- Revenue (annual)
- ₹1,612 Cr
- Net profit (annual)
- ₹94.77 Cr
- P/E (TTM)
- 73.4×Sector 66.2×
- Promoter holding
- 50.59%+0.00% QoQ
- FII holding
- 8.85%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ethos Ltd
All →Ethos Board Meeting Date
Ethos Ltd has scheduled a board meeting on November 12, 2026, to approve its Q2 and half-year results. The trading window remains closed for designated persons until 48 hours post-results declaration.
Ethos Capacity Expansion
Ethos has opened a new Ethos Summit boutique at Fort, Mumbai, taking its total to 105 boutiques across India. The filing is an update on a store opening with no monetary value disclosed.
- new boutiques
- 1.0 boutiques
Ethos Other Announcement
Ethos Ltd submitted its quarterly shareholding pattern for the period ended September 30, 2026, pursuant to SEBI Listing Regulations.
Ethos Management Change
National Sales Head Mr. Rajesh Pandey has resigned from Ethos Limited. His departure is effective from October 5, 2026, to pursue other career opportunities.
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