E

Ethos Limited

ETHOSLTDNSE
Market snapshot · 2026-08-12 15:21 UTC

2,790.30

₹-39.00 (-1.38%)

MARKET CAP

₹7.47K Cr

STOCK P/E

71.5x

52W HIGH

₹3,245.90

52W LOW

₹1,919.40

BOOK VALUE

₹556.07

EPS

₹39.04

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

19.37

VOLUME

19,720

P/B RATIO

5.02x

PEG RATIO

2.02

Sector

Consumer Discretionary

Themes

Precious Metals, Jewellery & WatchesDiamondWatch
E
Earnings
₹3,052.10₹2,794.18₹2,536.25₹2,278.33₹2,020.40VolumeEEEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Valuation Metrics

Trading 8.7% above historical median. Valuation is declining — currently in the fair zone (z-score: +0.55). Confidence: 84%.

Live forward EPS implies next-12-month EPS of ₹68.15. Applying the stock's normalized valuation corridor produces a fair range of ₹4,190.54 to ₹4,942.92, with base value near ₹4,481.54 (+60.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹68.15

Forward P/E

40.9x

Base Fair Value

₹4,481.54

Fair Range

₹4,190.54 - ₹4,942.92

Upside To Base

+60.6%

Estimate Source

Live forward EPS

Growth Estimate

+35.3%

P/E
Fair

5Y Average

55.38

Current

71.47

Overvalued

72.53

Undervalued

61.49

EV/EBITDA
Strongly Overvalued

5Y Average

24.54

Current

31.67

Overvalued

30.66

Undervalued

16.21

P/S
Strongly Overvalued

5Y Average

3.35

Current

4.32

Overvalued

4.18

Undervalued

2.21

Peers & Comparison

Sector: Consumer Discretionary · Theme: Precious Metals, Jewellery & Watches

Precious Metals, Jewellery & Watches Peers7 peers
Avg P/E: 55x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SKY GOLD AND DIAMONDS LTD
SKYGOLDPrecious Metals, Jewellery & Watches
+80.6%4.4%
38.3x
Undervalued
-30% vs avg
+194.2%
GOLDIAM INTERNATIONAL LTD
GOLDIAMPrecious Metals, Jewellery & Watches
+41.9%19.7%
26.9x
Undervalued
-51% vs avg
+39.5%
PC JEWELLER LTD
PCJEWELLERPrecious Metals, Jewellery & Watches
+21.3%22.6%
11.5x
Undervalued
-79% vs avg
-25.2%
P N GADGIL JEWELLERS LTD
PNGJLPrecious Metals, Jewellery & Watches
+40.7%3.9%
18.8x
Undervalued
-66% vs avg
+10.4%
SENCO GOLD LIMITED
SENCOPrecious Metals, Jewellery & Watches
+68.2%5.9%
9.9x
Undervalued
-82% vs avg
+18.4%
BLUESTONE JEWEL LFSTL LTD
BLUESTONEPrecious Metals, Jewellery & Watches
+49.6%2.1%
237.3x
Premium
+331% vs avg
+53.5%
THANGAMAYIL JEWELLERY LTD
THANGAMAYLPrecious Metals, Jewellery & Watches
+71.2%4.1%
42.3x
Undervalued
-23% vs avg
+162.4%
WHY THESE PEERS

ETHOS LIMITED trades at a premium (71.5x vs peer avg 55.0x), implying higher growth or quality expectations from the Precious Metals, Jewellery & Watches cohort. Peers include SKY GOLD AND DIAMONDS LTD, GOLDIAM INTERNATIONAL LTD, PC JEWELLER LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹451 CrJun 2026

Latest net profit

₹28 CrJun 2026

Latest EPS

₹10.46Jun 2026

Net margin

13.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr150 Cr300 Cr450 Cr600 Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr150 Cr300 Cr450 Cr600 Cr₹0₹3₹6₹9₹12
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr150 Cr300 Cr450 Cr600 Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-700 Cr0.00 Cr700 Cr1.40K Cr2.10K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +230234281253273297370311346392471403451
Expenses +196197237217230255315262300345410356391
Operating Profit34374436434255494648614759
OPM %15%16%16%14%16%14%15%16%13%12%13%12%13%
Other Income +54766675611111111
Interest4444555567778
Depreciation11121213141517171921242325
Profit before tax24253425312940322731412838
Tax %25%25%25%25%26%25%26%24%26%25%26%25%26%
Net Profit +18182619232130242023312128
EPS in Rs7.057.239.647.108.577.9611.109.037.598.6711.457.7710.46
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderMar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters50.58%50.58%50.59%50.58%50.59%
FII12.56%13.13%13.29%12.59%10.89%
DII17.85%18.18%19.95%21.25%23.59%
Public13.94%13.03%11.37%10.88%10.41%
Others5.07%5.08%4.80%4.70%4.52%
Mar 2026
Promoters
FII
DII
Public
Others

Events Timeline

Announcement under Regulation 30 (LODR)-Resignation of Director

Aug 05, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Monitoring Agency Report

Aug 03, 2026PDFCompany Reports Open

Statement Of Deviation And Variation

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 03, 2026PDFCompany Reports Open