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Ethos Ltd share Price Today

Company details

2,506.30
2,570.00
1,277.05
3,044.00
6M Return 40.50%
1Y Return 100.86%
Mkt Cap.(Cr) 6,167.86
Volume 15,886
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 15,886

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Speciality Retail company Ethos announced consolidated Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue of Rs 252.5 crore with 21.7% YoY growth
  • EBITDA of Rs 44.4 crore with EBITDA margin of 17.0%
  • PAT grows to Rs 21.0 crores in Q4FY24 vs Rs 13.3 crore in Q4FY23

FY24 Financial Highlights:

  • Revenue of Rs 999.0 crore with 26.7% YoY growth
  • EBITDA of Rs 175.3 crore with EBITDA margin of 17.1%
  • PAT grows to Rs 83.3 crores in FY24 vs Rs 60.3 crore in FY23
  • The company recorded its highest-ever EBITDA & PAT in FY24 on the back of robust demand and focused marketing initiatives.
  • Strong revenue growth across offline and online channels
  • A higher share of in-house brand sales continues to aid margin expansion
  • EBITDA margin continues to expand on the back of cost optimisation initiatives and operating leverage benefits

Commenting on the performance, Pranav Saboo, Founder and Managing Director, of Ethos Limited, said, "In the financial year 2023-24, Ethos took significant strides in its growth journey. Our dedication to expansion continues, demonstrated by the addition of 13 innovative luxury brands to our portfolio. Ethos Limited unveiled 10 new boutiques across 9 cities, including an expansion in 4 new cities, marking an ambitious move towards broader accessibility. Looking ahead, Ethos will continue expanding its physical as well as digital presence. With strategic plans in motion, we're confident in achieving sustained growth and delivering value to all stakeholders."

Result PDF

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Ethos Ltd shares SWOT Analysis

Strengths (11)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Rising Net Cash Flow and Cash from Operating activity
  • Company with high TTM EPS Growth

Weakness (3)

  • Promoter holding decreased by more than -2% QoQ
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (1)

  • RSI indicating price strength

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 2,557.6
R2 2,595.7
R3 2,621.3
Pivot

2,531.95

S1 2,493.9
S2 2,468.3
S3 2,430.2
EMA SMA
2,461.8
2,439.3
2,383.3
2,174.5
2,439.0
2,416.8
2,488.5
2,171.7
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
INVESCO MUTUAL FUND Bulk Purchase 2024-03-27 2500.05 307350 BSE
KDDL LIMITED Bulk Sell 2024-03-27 2499.8 405000 BSE
THE JUPITER GLOBAL FUND-JUPITER INDIA SELECT Bulk Purchase 2024-01-18 2305.1 137327 BSE
Name Category Shares
KDDL LIMITED PROMOTER 47.03%
MAHEN DISTRIBUTION LIMITED PROMOTER 6.8%
SABOO VENTURES LLP PROMOTER 1.3%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
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P BV

Ethos Ltd Stocks COMPARISON

Financials( in Cr) Ethos Ltd Avenue Supermarts Ltd Trent Ltd Aditya Birla Fashion & Retail Ltd Vedant Fashions Ltd
Price 2,519.55 4,739.95 5,245.55 328.60 1,147.65
% Change -1.36 1.79 4.41 0.52 -0.05
Mcap Cr 6,167.86 308,444.19 186,474.06 33,353.23 27,872.98
Revenue TTM Cr 788.53 42,839.56 12,375.11 12,417.90 1,354.93
Net Profit TTM Cr 60.30 2,378.34 1,477.46 -59.47 429.11
PE TTM 74.09 121.54 204.24 0.00 67.13
1 Year Return 100.86 28.88 211.19 56.22 -11.86
ROCE 17.55 20.14 23.52 0.00 36.34
ROE 13.97 15.99 27.16 0.00 34.57
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 631.50 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 33,119.99 -408.46
LAST 3M 113,155.52 -36,230.77
LAST 6M 183,603.09 -15,050.11
LAST 12M 290,144.87 98,834.05

Ethos Ltd Information

Stock PE (TTM)
74.09
Promoter Holding
55.72%
Book Value
361.0925
ROCE
17.55%
ROE
13.97%
Description
  • Ethos Limited was originally incorporated as `Kamla Retail Limited` under the provisions of Companies Act, 1956, at Parwanoo, Himachal Pradesh, pursuant to the Certificate of Incorporation dated November 5, 2007. Subsequently, name of the Company was changed to `Ethos Limited` pursuant to a Special Resolution passed by Shareholders of the Company on March 2, 2012, and a Revised Certificate of Incorporation was issued by Registrar of Companies, Himachal Pradesh on March 5, 2012. The Company operates a chain of luxury watch boutiques. The business consists of trading of watches, accessories and luxury items, marketing and support services and rendering of related after sale services. The Company has the portfolio of premium and luxury watches in India enabling to retail 50 premium and luxury watch brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet and Balmain. In addition to premium and luxury watch retail, the Company undertake retail of certified pre-owned luxury watches under `Certified Pre-Owned` ("CPO") luxury watch lounge located at New Delhi. The Company business is supported by state of the art service centre which is equipped with latest machinery imported from Switzerland. Its service centre has engaged horological engineers having experience at leading global watch brands. Expert watchmakers at the service centre have certifications from brands like Omega, Tissot, Longines, Rado among other global brands with a minimum work experience of 10 years. Also, the service centre has received authorizations from several leading global watch brands. In January 2003, first luxury retail watch store was opened at Chandigarh by Promoter, KDDL Limited, under the brand name "ETHOS". In 2008, KDDL hived off its retail business to the Company to consolidate the business of luxury watch retail for better management. In 2009, the Company inaugurated the opening of retail shop at Indira Gandhi International Airport, in New Delhi. In 2010, Mahen Boutiques Limited amalgamated into Kamla Retail Limited. In 2011, the Company launched its first clock boutique, "Ethos Westminster" in India at UB City, Bangalore. In 2018, the Company had 2,76000 registered members to its Club Echo. The loyalty programme `Club Echo` is a customer relationship management initiative for providing them with a rewarding experience in luxury retail category. Club Echo operates as a dynamic incentive scheme which provides benefits to repeat customers based on their cumulative purchasing over time. In 2019, the Company started pre-owned luxury watch retail business as its flagship store. In 2020, the Company had an extensive network of 50 retail stores locally spread across 17 cities of New Delhi Mumbai, Bengaluru, Hyderabad, Chennai, Kolkata, Chandigarh, Ahmedabad, Jaipur, Lucknow, Gurgaon, Guwahati, Ludhiana, Nagpur, Noida, Pune and Thane in India. 50 stores are categorized into 14 Ethos Summit Stores and one Airport store, 15 multi-brand outlets and 10 Ethos Boutiques both housing bridge to luxury and premium brands, 9 luxury segment mono-brand boutiques offering a single luxury watch brand, and 1 CPO luxury watch lounge for pre-owned watches.. In 2021, the Company introduced pre-owned watches and started dedicated service of `Ethos Watch Care` and collection centre in Delhi.

No Data Found

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543532
NSE Code : ETHOSLTD
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE04TZ01018

FAQ’s on Ethos Ltd Shares

You can buy Ethos Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ethos Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:59 PM the closing price of Ethos Ltd was Rs.2,519.55.

The latest PE ratio of Ethos Ltd as of Jun 14, 2024 03:59 PM is 74.09

The latest PB ratio of Ethos Ltd as of Jun 14, 2024 03:59 PM is 0.14

The 52-week high of Ethos Ltd share price is Rs. 3,044.00 while the 52-week low is Rs. 1,277.05

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 14, 2024 03:59 PM, the market cap of Ethos Ltd stood at Rs. 6,167.86.

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