ETHOS LIMITED
Ethos Limited operates a chain of luxury watch boutiques in India. The company offers luxury and premium watches; pre-owned watches; jewellery and jewellery boxes; watch straps, stands, and winders; clocks; collector boxes; and luggage products. It also provides product repair and services, including movement overhauling, battery replacement, ultrasonic cleaning, polishing, performance tests, and watch parts and strap replacement. The company sells its products through online channels. Ethos Limited was founded in 2003 and is headquartered in Gurugram, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 17.0%
Concerns1
- Low return on equity of 9.2%
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 9 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ1.25 K Cr | β | βΉ98.00 Cr | β | β | 10.0% | 25.5% | 21.0% |
| Mar 2024 | βΉ998.00 Cr | β | βΉ81.00 Cr | β | β | 9.2% | 26.5% | 35.0% |
| Mar 2023 | βΉ789.00 Cr | β | βΉ60.00 Cr | β | β | 9.5% | 36.7% | 160.9% |
| Mar 2022 | βΉ577.00 Cr | β | βΉ23.00 Cr | β | β | 9.9% | 49.1% | 360.0% |
| Mar 2021 | βΉ387.00 Cr | β | βΉ5.00 Cr | β | β | 3.2% | -15.1% | β |
| Mar 2020 | βΉ456.00 Cr | β | βΉ0.00 | β | β | 0.0% | 3.2% | -100.0% |
| Mar 2019 | βΉ442.00 Cr | β | βΉ11.00 Cr | β | β | 8.3% | 24.2% | 175.0% |
| Mar 2018 | βΉ356.00 Cr | β | βΉ4.00 Cr | β | β | 4.3% | 9.5% | -166.7% |
| Mar 2017 | βΉ325.00 Cr | β | βΉ-6.00 | β | β | -13.3% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 1,420 |
| Total Expenses | 1,222 |
| EBIT / Operating Profit | 198 |
| OPM % | 14% |
| Other Income | 28 |
| Finance Costs | 23 |
| Depreciation & Amortisation | 74 |
| Profit Before Tax | 131 |
| Tax % | - |
| Net Profit / PAT | 97 |
| EPS (βΉ) | 36.39 |
| Dividend Payout % | - |
Peer Comparison
Consumer Discretionary sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| ETHOS LIMITEDthis co. | βΉ7.25 K Cr | βΉ1.25 K Cr | 74.40 | 5.08 | 40.51 | 25.5% |
| Titan Company Limited | βΉ3.76 L Cr | βΉ54.84 K Cr | 96.60 | 21.09 | 69.49 | 16.4% |
| Eternal Limited | βΉ2.84 L Cr | βΉ8.62 K Cr | 120.00 | 7.95 | 193.91 | 30.1% |
| Avenue Supermarts Limited | βΉ2.49 L Cr | βΉ57.79 K Cr | 79.80 | 10.46 | 57.86 | 16.7% |
| Trent Ltd [Lakme Ltd] | βΉ1.39 L Cr | βΉ16.67 K Cr | 82.40 | 21.09 | 49.02 | 39.8% |
| Marico Limited | βΉ98.15 K Cr | βΉ7.58 K Cr | 52.30 | 19.38 | 63.51 | 8.3% |
| SWIGGY LIMITED | βΉ96.87 K Cr | βΉ8.80 K Cr | β | 7.26 | -63.92 | 38.0% |
| Industry Average | β | βΉ4.70 K Cr | 80.04 | 7.96 | 62.25 | 24.3% |