Ethos share price
NSE: ETHOSLTDBSE: 543532Consumer DurablesSmall Cap
Last close ₹2,411.40down ₹44.60 (1.82%)BSE ₹2,411.50
Share price at the NSE close on 23 Oct 2026. Previous close ₹2,456.00.
52-week range of traded prices to 23 Oct 2026
₹1,919.40Low, 16 Mar 2026₹3,245.90High, 27 Nov 2025
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹6,452 Cr700th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 3 Aug 2026
- 61.8
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 12 May 2026
- 4.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 3 Aug 2026
- 8.4%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 3 Aug 2026
- 7.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 12 May 2026
- 0.00
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 30,44142.6% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 3 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹462 Crup 11.52%
- Net profitNet profit. The pill is the change in net profit against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹29 Crup 25.93%
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 6.2%
Revenue by year
Peak revenue ₹1,612 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 8 Nov | Dec 2024Filed 14 Feb | Mar 2025Filed 24 Jun | Jun 2025Filed 14 Aug | Sep 2025Filed 12 Mar | Dec 2025Filed 6 Feb | Mar 2026Filed 12 May | Jun 2026Filed 3 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 297 | 370 | 311 | 346 | 383 | 469 | 414 | 462 |
| Net profit | 21 | 29 | 23 | 19 | 24 | 31 | 23 | 29 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 7.2% | 8.0% | 7.3% | 5.5% | 6.2% | 6.5% | 5.5% | 6.2% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
In the year to Mar 2026 the company reports one business segment, Watches, which carries all its revenue.
Valuation
Today, against the company's own history. Dividend yield is not shown: no dividend in the years on record.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 5% of 727 trading days over the last 3 years.
LowestHighest
Its median73.7Industry median17.7
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 15% of 978 trading days since Jun 2022.
LowestHighest
Its median6.4Industry median1.6
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.25.9
At or below today's level on 3% of 642 trading days over the last 3 years.
LowestHighest
Its median35.5Industry median18.7
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −12.1% | −10.0% | −2.4% | 0.0% |
| 3 years | +31.5% | +11.1% | +18.4% | 0.0% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count.
Mutual funds holding it
28 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 3
- CutCut. Funds that held fewer shares than at the end of the month before.
- 1
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 23
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 7
| Fund | |||
|---|---|---|---|
 ICICI Prudential Flexi Cap FundICICI Prudential Mutual Fund | 20,36,070 | 2.05% | ₹516.6 Cr |
 Invesco India Small Cap FundInvesco Mutual Fund | 7,71,263 | 1.21% | ₹195.7 Cr |
 quant Small Cap Fundquant Mutual Fund | 5,38,414 | 0.38% | ₹136.6 Cr |
| Invesco India Mid Cap FundInvesco Mutual Fund | 5,24,295 | 0.84% | ₹133.0 Cr |
| Invesco India Large & Mid Cap FundInvesco Mutual Fund | 4,55,674 | 0.95% | ₹115.6 Cr |
 Bandhan Small Cap FundBandhan Mutual Fund | 2,98,369 | 0.21% | ₹75.7 Cr |
| Bandhan Large & Mid Cap FundBandhan Mutual Fund | 2,77,097 | 0.34% | ₹70.3 Cr |
 PGIM India Small Cap FundPGIM India Mutual Fund | 1,29,182 | 1.88% | ₹32.8 Cr |
| Invesco India Flexi Cap FundInvesco Mutual Fund | 1,22,543 | 0.57% | ₹31.1 Cr |
 Tata India Consumer FundTata Mutual Fund | 1,11,615 | 1.04% | ₹28.3 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Gems, Jewellery And Watches, 104 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Ethos in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 Sky Gold and DiamondsSKYGOLD | 16,213 | 48.4 | 13.5 | 32.4 | +81.4% | – | 35.6% | 24.4% | 0.00% |
 Thangamayil JewelleryTHANGAMAYL | 14,579 | 37.3 | 10.3 | 24.2 | +83.1% | +262.5% | 31.1% | 25.7% | 0.38% |
 BlueStone Jewellery and LifestyleBLUESTONE | 11,171 | 106.6 | 6.1 | 23.4 | – | – | 6.0% | 9.6% | 0.00% |
 P N Gadgil JewellersPNGJL | 8,430 | 18.9 | – | – | +47.8% | +76.8% | 25.3% | 17.1% | 0.00% |
 Timex Group IndiaTIMEX | 6,001 | 69.9 | 53.9 | 47.0 | +41.8% | +96.5% | 87.9% | 88.2% | 0.00% |
 Senco GoldSENCO | 5,069 | 8.9 | 2.0 | 6.1 | +41.9% | +168.4% | 25.5% | 22.4% | 0.57% |
 D. P. AbhushanDPABHUSHAN | 4,990 | 20.8 | 7.9 | 15.3 | +30.8% | +93.4% | 46.3% | 36.1% | 0.00% |
 Tribhovandas Bhimji ZaveriTBZ | 4,534 | 21.2 | 5.4 | 13.7 | +29.1% | +189.5% | 28.6% | 21.5% | 0.37% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
15 Oct · Legal
Sep 2026
23 Sep · Analysts
11 Sep · Analysts
Ethos share price by year
Each calendar year to 2025.Ethos share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 2,976.90 | +1.3% | 3,196.40 | 2,258.45 |
| 2024 | 2,937.75 | +40.6% | 3,442.30 | 2,149.85 |
| 2023 | 2,088.75 | +105.1% | 2,092.15 | 949.50 |
| 2022 | 1,018.25 | – | 1,107.55 | 746.50 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2022 is from its first session, 30 May 2022.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 2,471.30 | 2,476.30 | 2,320.20 | 2,411.40 | 2,381.03 | 30,441 | 42.6% |
| 22 Oct 2026 | 2,510.00 | 2,526.40 | 2,445.00 | 2,456.00 | 2,476.92 | 19,913 | 38.8% |
| 21 Oct 2026 | 2,593.80 | 2,593.80 | 2,488.10 | 2,505.10 | 2,519.64 | 20,380 | 45.2% |
| 19 Oct 2026 | 2,611.30 | 2,650.00 | 2,535.00 | 2,593.80 | 2,582.86 | 28,559 | 58.2% |
| 16 Oct 2026 | 2,590.00 | 2,632.00 | 2,565.00 | 2,611.40 | 2,596.67 | 70,945 | 69.4% |
| 15 Oct 2026 | 2,575.00 | 2,617.00 | 2,542.10 | 2,573.40 | 2,579.04 | 23,798 | 47.0% |
| 14 Oct 2026 | 2,589.80 | 2,589.80 | 2,553.60 | 2,563.20 | 2,566.68 | 10,122 | 53.3% |
| 13 Oct 2026 | 2,561.10 | 2,608.80 | 2,538.90 | 2,589.80 | 2,573.20 | 24,838 | 42.6% |
| 12 Oct 2026 | 2,574.90 | 2,606.60 | 2,533.70 | 2,550.20 | 2,575.43 | 12,696 | 45.4% |
| 9 Oct 2026 | 2,600.30 | 2,650.00 | 2,525.00 | 2,563.10 | 2,586.56 | 71,325 | 80.2% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Rights issue history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 12 Jun 2025 | Rights issue | – | Shareholders were offered new shares. Noted, not adjusted for. |
Each event is noted and not adjusted for.
Company details
- Legal name
- Ethos Limited
- NSE symbol
- ETHOSLTD
- BSE code
- 543532
- ISIN
- INE04TZ01018
- Industry
- Consumer Durables
- Listed
- May 2022
- Face value
- ₹10
- CIN
- L52300HP2007PLC030800
- Corporate identity number, the registrar of companies' code for it