Ethos Limited

NSE: ETHOSLTD · Unclassified

₹2,681.40-2.69%06 Nov 2026

Ask the data

Instant answers about Ethos Limited — computed from its filings, no language model

Market cap₹7,175 cr

Current price₹2,681.40

High / Low₹3,196 / ₹2,020

P/E89.1

P/B4.82

Book value₹556.1

ROE5.4%

ROCE12.0%

Debt / equity0.00

Dividend yield—

EPS (TTM)₹30.11

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY22	FY23	FY24	FY25	FY26
Revenue	577	789	999	1,252	1,612
EBITDA	67	114	152	190	208
Operating margin	11.6%	14.5%	15.2%	15.2%	12.9%
Interest	17	14	16	19	27
Depreciation	32	35	49	63	89
Profit before tax	32	80	111	132	135
Tax	8	20	28	34	35
Net profit	23	0	0	0	95
EPS ₹	0.00	0.00	34.98	39.33	36.21
Operating cash flow	17	-2	31	-20	90
Capex	24	57	39	79	71
Dividend paid	0	0	15	0	0
Total assets	—	880	1,171	1,410	2,197
Equity	—	632	884	982	1,488

Quarterly performance

last 15 quarters · ₹ crore

showing latest 8 of 15 periods

	MAR '22	DEC '22	MAR '23	JUN '23	SEP '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	159	230	208	230	235	253	273	297	370	311	346	383	469	414	462
Operating profit	21	36	25	34	37	36	43	42	57	48	46	49	61	51	62
Operating margin	13.3%	15.6%	12.3%	14.7%	15.8%	14.2%	15.8%	14.2%	15.4%	15.3%	13.3%	12.8%	13.1%	12.4%	13.3%
Other income	2	4	5	5	4	8	6	6	6	6	6	12	16	13	13
Interest	5	3	3	4	4	4	5	5	5	5	6	7	8	7	8
Depreciation	8	9	9	11	13	13	14	15	17	17	19	21	25	25	26
Profit before tax	10	28	18	24	25	28	31	29	41	32	27	33	43	33	41
Tax	3	7	4	6	6	7	8	7	11	7	7	8	12	8	10
Net profit	8	0	0	18	19	0	0	21	29	0	0	0	30	22	28
EPS ₹	0.00	9.54	0.00	7.78	7.96	8.83	9.32	8.68	12.05	9.29	7.77	9.14	11.46	8.20	10.51
Revenue YoY	—	—	30.8%	—	—	21.7%	18.8%	26.3%	—	23.3%	26.7%	29.0%	26.7%	33.0%	33.3%
Profit YoY	—	—	-100.0%	—	—	—	-100.0%	14.3%	—	—	—	-100.0%	3.2%	—	—

Returns & margins

trailing-twelve-month, per quarter

	SEP '23	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
ROE	5.5%	5.5%	5.2%	5.2%	2.1%	2.1%	3.5%	5.4%
ROCE	16.1%	15.7%	14.8%	14.5%	10.4%	10.7%	10.9%	12.0%
Net margin	4.1%	4.3%	4.1%	3.8%	2.1%	2.0%	3.3%	4.7%
EBITDA margin	14.7%	15.0%	15.2%	14.6%	14.2%	13.5%	12.9%	12.9%
Debt / equity	0.01	0.01	0.04	0.04	0.04	0.04	0.00	0.00
Interest coverage	7.47	8.00	7.78	7.22	6.86	6.36	5.97	6.04
Asset turnover	0.96	0.94	0.89	0.94	0.66	0.71	0.73	0.79

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 7 periods

	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26
Share capital	23	23	24	24	24	27	27
Other equity / reserves	608	645	859	904	958	1,407	1,461
Total equity	632	668	884	928	982	1,434	1,488
Borrowings	8	7	7	5	44	52	0
Current liabilities	150	151	171	206	179	265	265
Non-current liabilities	99	117	116	141	248	266	268
Total assets	880	936	1,171	1,275	1,410	2,140	2,197
Property, plant & equipment	53	64	63	74	98	145	172
Capital work-in-progress	4	1	7	11	31	12	11
Investments	2	4	24	24	36	38	38
Inventories	340	405	440	542	593	662	695
Receivables	6	15	16	18	18	24	18
Cash & equivalents	28	31	61	236	28	232	144

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	17	-2	31	-20	90
Cash from investing	-24	-256	-123	47	-476
Cash from financing	26	249	125	-58	502
Capex	24	57	39	79	71
Free cash flow	-7	-59	-9	-100	18
Dividends paid	0	0	15	0	0

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹172 cr8%

CWIP

₹11 cr1%

Investments

₹38 cr2%

Inventories

₹695 cr32%

Receivables

₹18 cr1%

Cash & equivalents

₹144 cr7%

Other assets

₹1,119 cr51%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Ethos Limited	7,175	2,681.40	89.1	4.82	5.4%

StoxGud checklist: Neutral setup · 6/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+1.8%

6 months+12.3%

1 year-7.5%

3Y CAGR+16.0%

5Y CAGR—

10Y CAGR—

50-day avg₹2,633.19

200-day avg₹2,515.53

RSI (14)55

FAQs

What is the share price of Ethos Limited?

Ethos Limited (ETHOSLTD) closed at ₹2,681.40 on NSE on 06 Nov 2026.

What is the market cap of Ethos Limited?

₹7,175 crore at the latest close.

What is the P/E ratio of Ethos Limited?

89.1, on trailing-twelve-month earnings from its filings.

How fast is Ethos Limited growing?

Ethos Limited: revenue has compounded at 26.9% a year over three years. Latest-quarter revenue is up 33.3% year on year.

How profitable is Ethos Limited?

On a trailing-twelve-month basis return on equity is 5.4%, return on capital employed 12.0%, operating margin 12.9%, net margin 4.7%.

How much debt does Ethos Limited have?

Ethos Limited is debt-free: debt to equity is 0.00 with borrowings of ₹0 cr against cash of ₹144 cr (balance sheet of 2026-03-31). Operating profit covers interest 6.0 times.

Financials parsed from Ethos Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '22, annual from FY22, balance sheet from Mar '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.