Ethos (ETHOSLTD.NS) Stock Price

Ethos Price

BSE·CLOSED
2,576.00
-84.20 (-3.22 %)
Market closed

Revenue has compounded at 17.2% per year over the past 11 years to 16.12 B INR. Earnings per share have grown at 66.7% per year over the last 11 years. Ethos's net margin stands at 5.9%, up from 4.1% several years earlier. Analysts set a median price target of 3,570.00 INR, implying 38.6% above the current price. Of 9 analysts, 8 rate the stock a buy — an overall Buy consensus. The stock trades about 27% above its 52-week low.

Ethos stock price

Volume
Details

Stock Price

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How to Read This Chart

This chart tracks the historical stock price of Ethos over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Ethos stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Ethos's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Ethos Stock Price History
DateEthos Price
9/24/20262,576.00 INR
9/23/20262,660.20 INR
9/22/20262,613.30 INR
9/21/20262,593.80 INR
9/18/20262,661.50 INR
9/17/20262,651.00 INR
9/16/20262,612.50 INR
9/15/20262,630.20 INR
9/11/20262,635.40 INR
9/10/20262,704.80 INR
9/9/20262,729.30 INR
9/8/20262,761.50 INR
9/7/20262,806.60 INR
9/4/20262,792.80 INR
9/3/20262,793.10 INR
9/2/20262,876.10 INR
9/1/20262,879.40 INR
8/31/20262,898.70 INR
8/28/20262,875.10 INR
8/27/20262,891.00 INR
8/26/20262,879.40 INR
8/25/20262,894.70 INR
8/24/20262,892.00 INR
8/21/20262,840.50 INR
8/20/20262,867.60 INR
8/19/20262,877.10 INR
8/17/20262,788.60 INR
8/14/20262,747.40 INR
8/13/20262,783.50 INR
8/11/20262,829.30 INR
Access this data via the Eulerpool API

Ethos Revenue, EBIT, Net Income

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  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2022
5.77 B INR
461.45 M INR
233.88 M INR
Jan 1, 2023
7.89 B INR
902.95 M INR
602.98 M INR
Jan 1, 2024
9.99 B INR
1.12 B INR
832.95 M INR
Jan 1, 2025
12.52 B INR
1.51 B INR
962.88 M INR
Jan 1, 2026
16.12 B INR
1.46 B INR
947.65 M INR
Jan 1, 2027 (e)
20.89 B INR
2.40 B INR
1.65 B INR
Jan 1, 2028 (e)
26.12 B INR
3.06 B INR
2.14 B INR
Jan 1, 2029 (e)
32.68 B INR
3.32 B INR
2.34 B INR

Ethos Income Statement, Balance Sheet, Cash Flow Statement

Last updated Sep 25, 2026, 4:03 AM
 
REVENUEB INR
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB INR
EBITB INR
EBIT MARGIN%
NET INCOMEB INR
NET INCOME GROWTH%
SHARESM
2015201620172018201920202021202220232024202520262027e2028e2029e
2.803.273.263.564.444.583.875.777.899.9912.5216.1220.8926.1232.68
–16.74-0.439.3024.583.22-15.5749.3436.6126.6825.3028.8129.5525.0725.10
25.0523.0821.5823.6028.7727.8926.9928.4730.3929.6329.9516.1416.1416.1416.14
0.700.760.700.841.281.281.041.642.402.963.752.603.374.225.27
0.100.03–0.120.370.270.300.460.901.121.511.462.403.063.32
3.500.98–3.468.285.947.817.9911.4411.2212.099.0211.5011.7010.16
–-0.09-0.110.030.10-0.010.050.230.600.830.960.951.652.142.34
–-9,000.0020.22-125.23262.96-113.27-461.54395.74158.3738.2115.63-1.5674.2329.709.39
11.8212.3626.7626.7626.7626.7623.3523.3523.5424.4726.7626.7626.7626.7626.76
Details

Income Statement Key Figures

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Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Ethos generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Ethos retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Ethos's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Ethos has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Ethos's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Ethos stock margins

The Ethos margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Ethos. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Ethos.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2022
28.46 %
7.99 %
4.05 %
Jan 1, 2023
30.39 %
11.45 %
7.65 %
Jan 1, 2024
29.64 %
11.23 %
8.34 %
Jan 1, 2025
29.96 %
12.09 %
7.69 %
Jan 1, 2026
16.14 %
9.03 %
5.88 %
Jan 1, 2027 (e)
16.14 %
11.50 %
7.90 %
Jan 1, 2028 (e)
16.14 %
11.71 %
8.19 %
Jan 1, 2029 (e)
16.14 %
10.16 %
7.16 %

Ethos Stock Revenue, EBIT, Earnings per Share

The Ethos earnings per share therefore indicates how much revenue Ethos has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2022
247.24 INR
19.76 INR
10.02 INR
Jan 1, 2023
335.00 INR
38.36 INR
25.62 INR
Jan 1, 2024
408.22 INR
45.84 INR
34.04 INR
Jan 1, 2025
467.76 INR
56.57 INR
35.99 INR
Jan 1, 2026
602.37 INR
54.37 INR
35.41 INR
Jan 1, 2027 (e)
780.49 INR
89.76 INR
61.68 INR
Jan 1, 2028 (e)
976.21 INR
114.25 INR
80.00 INR
Jan 1, 2029 (e)
1,221.23 INR
124.11 INR
87.50 INR

Ethos business model & stock analysis

Ethos Eulerpool Fair Value

Details

Fair Value Estimate

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What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Ethos historical P/E ratio, EBIT multiple, and P/S ratio

Ethos annual returns

Details

Annual Return

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What This Chart Shows

This chart breaks down Ethos's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in Ethos's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare Ethos's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Ethos shares outstanding

The number of shares of Ethos was 26.76 M in 2025. This indicates how many shares Ethos is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2022
23.35 M Stocks
Jan 1, 2023
23.54 M Stocks
Jan 1, 2024
24.47 M Stocks
Jan 1, 2025
26.76 M Stocks
Jan 1, 2026
26.76 M Stocks
Jan 1, 2027 (e)
26.76 M Stocks
Jan 1, 2028 (e)
26.76 M Stocks
Jan 1, 2029 (e)
26.76 M Stocks

Current Ethos forecasts and price targets in September 2026

Analyst Price Targets 2026
Δ MOM Price Target
0.00 %
Buy
88.89 % (8)
Hold
11.11 % (1)
Sell
0.00 % (0)
12M Price Target
3,570.00
Last Price
2,576.00
Currency
INR
12M Return Potential
38.59 %
LTM Return
0.66 %

Ethos Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
11/9/20269.60INR-5.00 BINR-2026 Q3
8/3/20267.00INR11.12INR4.43 BINR-2026 Q2
5/12/20269.80INR9.30INR3.98 BINR-2026 Q1
2/6/202613.10INR11.45INR4.59 BINR-2025 Q4
11/8/20258.70INR8.78INR3.59 BINR-2025 Q3
8/14/202511.10INR7.77INR3.34 BINR-2025 Q2
5/5/20259.60INR9.29INR3.22 BINR-2025 Q1
2/14/20259.60INR12.05INR3.31 BINR-2024 Q4
11/8/202411.30INR8.68INR3.52 BINR-2024 Q3
8/14/20249.47INR9.32INR2.76 BINR-2024 Q2

Ethos shareholder structure

% Name
43.06777%
KDDL Ltd
KDDL Ltd
10.77421%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
7.04349%
Mahen Distribution Ltd
Mahen Distribution Ltd
5.60538%
Invesco Asset Management (India) Private Limited
Invesco Asset Management (India) Private Limited
2.41576%
Bandhan Asset Management Company Limited
Bandhan Asset Management Company Limited
2.28442%
Jupiter Asset Management Ltd.
Jupiter Asset Management Ltd.

Ethos Beneficial Ownership Filings (SEC 13D/G)

Free Float
46.0%
Float Shares
12.31 M
Shares Outstanding
26.76 M

Ethos Executives and Management Board

15 members · avg. age 57 · 13 % women

PS

Mr. Pranav Saboo (35)

Chief Executive Officer, Managing Director

25.07 M INR

Management

YS

Mr. Yashovardhan Saboo (64)

Chairman of the Board, Managing Director · since 2007

578,000.00 INR
SK

Mr. Shubham Kandhway

Compliance Officer, Company Secretary

–
AK

Mr. Abhishek Kumar

Vice President - Human Resource

–
GS

Mr. Gurshaan Singh

Vice President - Marketing

–
SA

Mr. Sparsh Arun

Head - VIP Sales

–
JC

Ms. Juhi Chaturvedi

Head Merchandising

–

Board of Directors

MG

Mr. Manoj Gupta (53)

Executive Director · since 2020

7.04 M INR
AK

Mr. Anil Khanna (63)

Non-Executive Independent Director

1.27 M INR
DS

Mr. Dilpreet Singh (64)

Non-Executive Independent Director

710,000.00 INR
SK

Mr. Sundeep Kumar (64)

Non-Executive Independent Director

518,000.00 INR
MG

Mrs. Munisha Gandhi

Independent (Woman) Director · since 2023

–
CS

Mr. Charu Sharma

Additional Independent Director

–

Frequently asked questions about Ethos

Analysts currently set an average price target of 3,570.00 INR for the Ethos stock (median: 3,570.00 INR), implying +34.0 % versus the latest price. The consensus is based on 9 analyst ratings.

9 analysts currently rate the Ethos stock: 8 recommend buying, 1 holding and 0 selling.

Converted at the current exchange rate, the Ethos share trades at 23.63 EUR (2,576.00 INR).

No history available for Ethos.

The revenue of Ethos is 16.12 B INR. This figure is based on current financial data and reflects the company's business performance.

The profit of Ethos is 947.65 M INR. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Ethos is currently 72.75. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Ethos stock.

The price-to-sales ratio (P/S) of Ethos is currently 4.28. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Ethos stock.

The Eulerpool Quality Score for Ethos is 7/10.

The ISIN of Ethos is INE04TZ01018. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of Ethos is ETHOSLTD.NS. The ticker symbol is used to trade Ethos shares on the stock exchange.

Ethos paid dividends every year for the past 0 years.

Ethos is assigned to the 'Cyclical consumption' sector.

The dividends of Ethos are distributed in INR.

Fair ValuePRO
2,398.05 INR
Over-/UndervaluationPRO
Fairly valued
Industry
Specialty Retail
Number of shares
Employees
Revenue per Employee
30.19 M INR
Revenue growth Ø5 years
EBIT growth Ø5 years
Net Income growth Ø5 years
Country
Currency
INR
Initial public offering
May 30, 2022
ISIN
INE04TZ01018
Cusip
Y234AQ109
Market capitalization
71.30 B INRLarge Cap
52-Week Range
2,024.30–3,200.00INR
Revenue growth (10Y) > 5%
Revenue growth (3Y) > 5 %
EBIT growth (10Y) > 5%
EBIT growth (3Y) > 5 %
Net debt < 4x EBIT
Profitable since 10Y+
EBIT Drawdown (10Y) < 50%
Return on Equity (ROE) > 15%
ROCE > 15%
Return Expectation > 10%
PEG
6.09
P/E ratio
P/Ee 2027
43.20
P/Ee 2028
33.31
P/Ee 2029
30.45
P/S
P/Se
3.41
EV/EBIT
50.22
P/B Ratio
4.79
ROE (Return on Equity)
ROA (Return on Assets)
ROCE (Return on Capital Employed)
ROIC (Return on Invested Capital)
5.23 %
Gross Margin
16.14 %
EBIT Margin
9.03 %
Net Margin
5.88 %
EPS (Earnings Per Share)
35.41 INR
Net Debt / EBIT
1.22
Debt/Equity
0.22
Last updated Sep 25, 2026, 4:03 AM

Ethos Peer Group

Ethos Ticker

BSE · ETHOSLTD.BO

Ethos FIGI

ETHOSLTD:IN · BBG007SSKMY4ETHOSLTD:IB · BBG017KDDMM5ETHOSLTD:IS · BBG017KDDMP2

All fundamentals and in-depth analysis of Ethos

Our stock analysis for Ethos stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Ethos. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.