Ethos Ltd Stock Price Today (NSE: ETHOSLTD)
Fundamental Score
Ethos Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ethos Ltd share price today is ₹2400.40, down 0.31% on NSE/BSE as of 17 June 2026. Ethos Ltd (ETHOSLTD) is a Mid-cap company in the Gems, Jewellery And Watches sector with a market capitalisation of ₹7.98K (Cr). The 52-week high for ETHOSLTD share price is ₹3245.90 and the 52-week low is ₹1919.40. At a P/E ratio of 83.91x, ETHOSLTD is currently trading above its industry average P/E of 28.63x. The company has a Return on Equity (ROE) of 10.36% and a debt-to-equity ratio of 0.22.
Ethos Ltd Share Price Chart — NSE/BSE Historical Performance
Ethos Ltd share price chart: -8.99% return over the past month. 52-week high ₹3245.90, 52-week low ₹1919.40.
Ethos Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹2331.00 | ₹2374.90 | ₹2294.10 | ₹2359.60 | 4.10K (Cr) | |
| ₹2417.20 | ₹2417.20 | ₹2320.00 | ₹2325.70 | 8.59K (Cr) | |
| ₹2372.70 | ₹2429.00 | ₹2368.10 | ₹2381.50 | 19.75K (Cr) | |
| ₹2399.40 | ₹2441.90 | ₹2380.00 | ₹2389.80 | 9.99K (Cr) | |
| ₹2428.00 | ₹2440.90 | ₹2389.00 | ₹2399.40 | 7.88K (Cr) | |
| ₹2412.70 | ₹2515.00 | ₹2406.30 | ₹2428.20 | 20.94K (Cr) | |
| ₹2378.80 | ₹2491.00 | ₹2352.10 | ₹2407.80 | 28.16K (Cr) | |
| ₹2380.60 | ₹2397.90 | ₹2327.10 | ₹2355.20 | 8.23K (Cr) | |
| ₹2352.10 | ₹2398.90 | ₹2270.10 | ₹2356.30 | 14.06K (Cr) | |
| ₹2255.90 | ₹2358.00 | ₹2255.90 | ₹2317.40 | 11.72K (Cr) |
Ethos Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹2417.20 | ₹2417.20 | ₹2294.10 | ₹2359.60 | -2.38% | |
| ₹2401.80 | ₹2515.00 | ₹2220.00 | ₹2381.50 | -0.85% | |
| ₹2250.00 | ₹2846.00 | ₹2145.10 | ₹2401.80 | +6.75% | |
| ₹2390.00 | ₹2439.00 | ₹1919.40 | ₹2183.30 | -8.65% | |
| ₹2480.00 | ₹2735.00 | ₹2390.10 | ₹2432.70 | -1.91% | |
| ₹2980.00 | ₹3072.30 | ₹2391.50 | ₹2552.40 | -14.35% | |
| ₹3076.50 | ₹3217.70 | ₹2789.30 | ₹2976.90 | -3.24% | |
| ₹2929.00 | ₹3245.90 | ₹2742.50 | ₹3052.10 | +4.20% | |
| ₹2525.00 | ₹2984.60 | ₹2498.50 | ₹2902.40 | +14.95% | |
| ₹2264.00 | ₹2630.10 | ₹2229.90 | ₹2534.40 | +11.94% | |
| ₹2754.20 | ₹2950.00 | ₹2250.00 | ₹2261.90 | -17.87% | |
| ₹2650.00 | ₹2959.30 | ₹2636.90 | ₹2760.30 | +4.16% |
AI Research Briefing
Powered by Gemini · 2026-04-13
Overvalued luxury watch retailer with negative FCF and stretched expansion plans.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Ethos has been actively expanding its boutique network, opening new locations in Mumbai and Jodhpur on April 6, 2026. A prior opening occurred in Srinagar in late March. Mukul Khanna resigned as a director but remains as COO. Shareholders approved the re-appointment of Yashovardhan Saboo as Chairman. Ethos is scheduled to release Q1 2026 earnings on May 6, 2026.
CORE STORY (THE REAL GAME)
Ethos is a play on the increasing demand for luxury watches in India, driven by rising disposable incomes and aspirational spending. It's about capturing market share through boutique expansion and establishing a premium brand presence.
- Aggressive boutique expansion
- Luxury market tailwinds
- Increase in DII holdings
- Strong Q1 2026 earnings beat on May 6
- Significant order wins
- Positive free cash flow
- High P/E ratio of 83.91x
- Negative free cash flow of ₹-105.01 Cr
- Resignation of key personnel
DII increased holdings by 1.47%, while institutional holders voted against Chairman re-appointment. Mixed signals.
Budget 2026 supports gems and jewelry sector, but global demand volatility remains a risk.
Ethos opened new boutiques in Mumbai and Jodhpur on April 6, 2026.
No. Free Cash Flow 5Y: ₹-105.01 Cr.
In the next 3-6 months, watch for Q1 earnings and management commentary on expansion plans. A positive shift in FCF is crucial.
Primary Thesis Risk
Overvaluation combined with negative free cash flow makes this a risky bet.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Ethos Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Ethos Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of ETHOSLTD across key market metrics for learning purposes.
Positive Indicators
9 factors identified
Strong Revenue Growth (29.03%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (22.28% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Excellent EPS Growth (108.08% CAGR)
Observation: Outstanding 5-year earnings per share compound growth.
Analysis: EPS CAGR >15% indicates strong wealth creation potential.
Strong Profit Growth Track Record (120.26% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Conservative Debt Levels (D/E: 0.22)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Interest Coverage (6.68x)
Observation: Earnings comfortably cover interest obligations.
Analysis: Interest coverage >5x indicates low financial distress risk.
Balanced Promoter Holding (50.59%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Strong Institutional Confidence (FII+DII: 33.24%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
3 factors identified
Premium Valuation Risk (P/E: 83.91x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Negative Free Cash Flow (₹-105.01 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Ethos Ltd vs Gems, Jewellery And Watches Peers
Peer Comparison - Gems, Jewellery And Watches
Compare Ethos Ltd with 10 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Ethos LtdEthos Ltd...Selected✓ ETHOSLTD • 543532 | 58.1/100 | ₹2400.40₹2400 | ₹7976.04₹7976.04 | 83.91Average 83.9 Average | 10.36%Average 10.36% Average | 13.75%Average 13.75% Average | 0.22Excellent 0.2 Excellent | 120.26%Excellent 120.26% Excellent | 22.28%Excellent 22.28% Excellent | 0.00% |
Titan Company LimitedTitan Company L... TITAN • 500114 | 69.7/100 | ₹4137.90₹4138 | ₹345673.26₹345673.26 | 83.72Average 83.7 Average | 31.75%Excellent 31.75% Excellent | 19.14%Good 19.14% Good | 0.97Good 1.0 Good | 17.32%Excellent 17.32% Excellent | 23.49%Excellent 23.49% Excellent | 0.28% |
Kalyan Jewellers India LtdKalyan Jeweller... KALYANKJIL • 543278 | 53.2/100 | ₹354.75₹355 | ₹52335.30₹52335.30 | 56.21Average 56.2 Average | 15.95%Good 15.95% Good | 15.03%Good 15.03% Good | 1.00Good 1.0 Good | 38.25%Excellent 38.25% Excellent | 19.91%Excellent 19.91% Excellent | 0.30% |
Thanga Mayil Jewellery LtdThanga Mayil Je... THANGAMAYL • 533158 | 61.4/100 | ₹3923.80₹3924 | ₹10450.02₹10450.02 | 56.85Average 56.9 Average | 14.88%Average 14.88% Average | 13.74%Average 13.74% Average | 0.96Good 1.0 Good | 21.06%Excellent 21.06% Excellent | 23.75%Excellent 23.75% Excellent | 0.37% |
Pn Gadgil Jewellers LtdPn Gadgil Jewel... PNGJL • 544256 | 61.6/100 | ₹535.65₹536 | ₹8588.27₹8588.27 | 28.95Average 28.9 Average | 20.97%Excellent 20.97% Excellent | 19.41%Good 19.41% Good | 0.76Good 0.8 Good | 52.06%Excellent 52.06% Excellent | 25.28%Excellent 25.28% Excellent | 0.00% |
Bluestone JewelBluestone Jewel... BLUESTONE • 544484 | 4.2/100 | ₹469.90₹470 | ₹8466.37₹8466.37 | — — | -35.81%Poor -35.81% Poor | -0.57%Poor -0.57% Poor | 1.12Average 1.1 Average | — — | 47.33%Excellent 47.33% Excellent | 0.00% |
PC Jeweller LtdPC Jeweller Ltd... PCJEWELLER • 534809 | 45.2/100 | ₹9.20₹9 | ₹7181.78₹7181.78 | 11.69Average 11.7 Average | 12.68%Average 12.68% Average | 6.55%Poor 6.55% Poor | 0.22Excellent 0.2 Excellent | 47.54%Excellent 47.54% Excellent | -15.49%Poor -15.49% Poor | 0.00% |
Rajesh Exports LtdRajesh Exports ... RAJESHEXPO • 531500 | 39/100 | ₹122.12₹122 | ₹5530.18₹5530.18 | 41.90Average 41.9 Average | 0.61%Poor 0.61% Poor | 1.47%Poor 1.47% Poor | 0.05Excellent 0.1 Excellent | -39.86%Poor -39.86% Poor | 16.68%Excellent 16.68% Excellent | 0.00% |
Sky Gold LtdSky Gold Ltd... SKYGOLD • 541967 | 41.6/100 | ₹486.65₹487 | ₹5165.48₹5165.48 | 27.88Average 27.9 Average | 25.46%Excellent 25.46% Excellent | 21.21%Excellent 21.21% Excellent | 0.78Good 0.8 Good | — — | — — | 0.00% |
Senco Gold LtdSenco Gold Ltd... SENCO • 543936 | 43.4/100 | ₹340.15₹340 | ₹5087.55₹5087.55 | 20.21Average 20.2 Average | 9.83%Poor 9.83% Poor | 10.39%Average 10.39% Average | 1.13Average 1.1 Average | 12.69%Good 12.69% Good | 20.93%Excellent 20.93% Excellent | 0.32% |
Goldiam International LtdGoldiam Interna... GOLDIAM • 526729 | 65.2/100 | ₹411.95₹412 | ₹4540.37₹4540.37 | 32.93Average 32.9 Average | 17.13%Good 17.13% Good | 24.59%Excellent 24.59% Excellent | 0.02Excellent 0.0 Excellent | 19.98%Excellent 19.98% Excellent | 16.46%Excellent 16.46% Excellent | 0.75% |
Top Gems, Jewellery And Watches Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Titan Company Limited share price345673.26 Cr
- Kalyan Jewellers India Ltd share price52335.30 Cr
- Thanga Mayil Jewellery Ltd share price10450.02 Cr
- Pn Gadgil Jewellers Ltd share price8588.27 Cr
- Bluestone Jewel share price8466.37 Cr
Ethos Ltd PE Ratio History
Historical price-to-earnings ratio for ETHOSLTD — last 5 years
| Year | EPS (₹) | Price (₹) | P/E Ratio |
|---|---|---|---|
| FY 2025 | ₹37.99 | ₹2976.90 | 78.4x |
| FY 2024 | ₹33.79 | ₹2937.75 | 86.9x |
| FY 2023 | ₹25.66 | ₹2088.75 | 81.4x |
| FY 2022 | ₹9.68 | ₹1018.25 | 105.2x |
P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.
Ethos Ltd Quarterly Performance
Latest quarterly metrics for ETHOSLTD — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
29.03%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
11.95%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
22.28%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
120.26%
Compounded annual net profit growth over 5 years
Ethos Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for ETHOSLTD — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Ethos Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Ethos Ltd (ETHOSLTD) — sourced from NSE/BSE filings.
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Fetching financial data for Ethos Ltd
About ETHOSLTD (Ethos Ltd)
Ethos Ltd is the definitive curator of horological artistry in India, a sanctuary where time transcends mere measurement and becomes a statement of unparalleled sophistication. Wit...hin the plush confines of their boutiques, discerning clientele discover a meticulously selected anthology of luxury timepieces, each one a testament to centuries of craftsmanship, innovation, and enduring elegance. From the iconic maisons of Switzerland to the avant-garde ateliers of independent watchmakers, Ethos Ltd presents a panorama of horological excellence, catering to the most refined tastes. Their passionate watch specialists guide patrons through a world of intricate movements, precious materials, and timeless designs, ensuring a journey of discovery that resonates with individual style and appreciation. Beyond the allure of new acquisitions, Ethos Ltd also recognises the value of horological heritage. Their carefully curated collection of pre-owned luxury watches offers an opportunity to own a piece of history, a vintage marvel imbued with character and provenance. Alongside the timepieces themselves, Ethos Ltd provides a comprehensive range of accessories and accoutrements, catering to every facet of the horological lifestyle. From finely crafted jewellery boxes and luxurious watch winders to elegant straps and refined travel cases, each item is designed to complement and enhance the ownership experience, reflecting the brand's commitment to uncompromising quality and attention to detail. Ethos Ltd further elevates the experience with a dedicated service division, staffed by highly skilled technicians adept at maintaining and restoring these intricate machines. From routine battery replacements to complex movement overhauls, their experts employ time-honored techniques and state-of-the-art equipment to ensure the longevity and precision of every timepiece. Through their seamless integration of online and offline channels, Ethos Ltd strives to deliver an unparalleled customer experience, fostering a community of watch enthusiasts and solidifying their position as the premier destination for luxury timepieces in India.
Company Details
Key Leadership
ETHOSLTD Share Price: Frequently Asked Questions
What is the current share price of Ethos Ltd?
Ethos Ltd (ETHOSLTD) trades at ₹2400.40 on NSE and BSE. Market cap ₹7.98K (Cr). Educational data only.
What is the P/E ratio of Ethos Ltd?
Ethos Ltd has a P/E of 83.91x vs industry average 28.63x.
What is the Bull Run score for Ethos Ltd?
Ethos Ltd has a Bull Run score of 58.1/100 based on 25+ financial parameters.
Does Ethos Ltd pay dividends?
Ethos Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Ethos Ltd?
Ethos Ltd has ROE of 10.36%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Ethos Ltd?
Ethos Ltd has debt-to-equity of 0.22.
Is Ethos Ltd a good investment?
Bull Run gives Ethos Ltd a score of 58.1/100. This is not investment advice — consult a SEBI-registered advisor.