About Ethos Limited
Data last updated: 25 September 2026
Ethos Limited is a public limited company based in Parwanoo, Himachal Pradesh, India, a subsidiary of Kddl Limited and recognised as a startup by DPIIT. It specialises in accessories retail and distribution, a part of the broader consumer goods sector. Incorporated on 05 November 2007, the company has been in operation for over 19 years.
Registered with ROC Himachal Pradesh under CIN L52300HP2007PLC030800. Listed on BSE: 543532.
Capital: an authorised share capital of ₹61.4 Cr and a paid-up capital of ₹26.76 Cr. Formerly known as Kamla Retail Limited. It is led by directors including Anil Khanna and Yashovardhan Saboo.
Last AGM: 15 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. 3 Sector – Iii, Parwanoo, Himachal Pradesh, India – 173220.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,612.24 Cr, a growth of 28.81% compared to the previous year. The net worth stands at ₹1,487.92 Cr (up 51.49% YoY). Total assets are valued at ₹1,991.8 Cr (up 56.37% YoY).
The company has a workforce of approximately 830 employees as per the latest available data. It operates as a subsidiary of Kddl Limited. Its group structure includes 1 subsidiary and 1 joint venture.
The company is associated with 1 brand - Ethos Watch. As per MCA filings, the company has open charges of ₹3 Cr and satisfied charges of ₹252.94 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ethoswatches.com.
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EmailLocked
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TelephoneLocked
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Website
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Social Media
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Registered AddressPlot No. 3 Sector – Iii, Parwanoo, Himachal Pradesh, India – 173220
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IndustryConsumer Goods, Accessories Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ethos Limited
Ethos Limited has one previous CIN (Corporate Identification Number): U52300HP2007PLC030800. The current CIN is L52300HP2007PLC030800, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L52300HP2007PLC030800 | Current |
| U52300HP2007PLC030800 | Previous |
Associated Brands with Ethos Limited
Ethos Limited operates one associated brand: Ethos Watch. These brands represent Ethos Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Luxury watches are retailed via stores and online channels. | ethoswatches.com |
Business Activity of Ethos Limited
Ethos Limited is engaged in the principal business activity of trade, with detailed activities including retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Business activity turnover details for Ethos Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ethos Limited
Ethos Limited is audited by WALKER CHANDIOK & CO. LLP for the financial year 2025. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| WALKER CHANDIOK & CO. LLP | Locked | Locked | Locked |
Complete auditor history for Ethos Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ethos Limited
Ethos Limited is currently managed by 8 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Anil Khanna
Also directs:
Ethos Limited
|
Director | 05 Nov 2007 | 18 Years 10 Months | Current |
| Yashovardhan Saboo | Whole-Time Director | 05 Nov 2007 | 18 Years 10 Months | Current |
| Dilpreet Singh | Director | 09 Apr 2018 | 8 Years 5 Months | Current |
|
Pranav Shankar Saboo
Also directs:
Cognition Digital Llp, Ethos Limited, Dream Digital Technology Private Limited and 3 more
|
Managing Director | 18 Jan 2024 | 2 Years 8 Months | Current |
| Charu Sharma | Director | 03 Nov 2022 | 3 Years 10 Months | Current |
|
Munisha Gandhi
Also directs:
Ethos Limited
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Director | 27 Sep 2022 | 3 Years 11 Months | Current |
Financials of Ethos Limited FY 2025-26 filings available
Ethos Limited reported revenue of ₹1,612.24 Cr (up 28.81% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,612 | 1,252 | 999 | 789 | 577 | 387 | 458 |
| Revenue growth | +32.6% | +25.5% | +25.9% | +32.2% | +47.0% | -14.5% | -1.2% |
| EBITDA | 213 | 196 | 158 | 120 | 71.70 | 42.58 | 55.42 |
| EBITDA margin | +13.2% | +15.7% | +15.8% | +15.3% | +12.4% | +11.0% | +12.1% |
| Profit before tax | 131 | 130 | 111 | 80.68 | 31.51 | 6.71 | 2.00 |
| Net profit | 95.01 | 96.70 | 82.88 | 60.20 | 23.54 | 4.72 | (1.93) |
| Net profit margin | +5.9% | +7.7% | +8.3% | +7.6% | +4.1% | +1.2% | -0.4% |
| EPS (₹) | 35.42 | 39.33 | 34.03 | 25.82 | 12.26 | 2.61 | (0.73) |
| Balance sheet | |||||||
| Total assets | 1,992 | 1,274 | 1,032 | 755 | 395 | 300 | 326 |
| Net worth | 1,488 | 982 | 884 | 632 | 232 | 157 | 150 |
| Total debt | 322 | 289 | 145 | 121 | 161 | 140 | 174 |
| Cash & bank | 662 | 220 | 345 | 229 | 39.84 | 20.51 | 10.94 |
| Net working capital | 1,283 | 755 | 725 | 513 | 227 | 163 | 180 |
| Cash flow | |||||||
| Cash from operations | 89.60 | (20.29) | 30.81 | (2.15) | 16.65 | 63.45 | 36.45 |
| Cash from investing | (476) | 46.59 | (123) | (256) | (23.78) | (10.04) | (14.56) |
| Cash from financing | 502 | (58.40) | 125 | 249 | 26.50 | (44.94) | (19.62) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462 | 414 | 469 | 383 | 346 | 311 | 370 | 297 |
| Revenue growth (YoY) | +33.3% | +33.0% | +26.7% | +29.0% | +26.7% | +23.3% | +31.5% | +26.3% |
| Other income | 13.34 | 13.26 | 15.51 | 11.56 | 5.84 | 6.03 | 5.75 | 6.13 |
| EBITDA | 59.90 | 49.69 | 58.98 | 47.69 | 45.01 | 46.25 | 56.78 | 42.05 |
| EBITDA margin | +13.0% | +12.0% | +12.6% | +12.4% | +13.0% | +14.9% | +15.3% | +14.2% |
| Depreciation | 26.09 | 24.66 | 24.81 | 20.97 | 19.02 | 16.94 | 16.75 | 15.00 |
| Interest | 8.02 | 7.38 | 7.59 | 6.55 | 5.71 | 5.20 | 5.17 | 4.55 |
| Profit before tax | 39.13 | 30.91 | 42.09 | 31.73 | 26.12 | 30.14 | 40.61 | 28.63 |
| Tax | 10.47 | 8.15 | 11.51 | 7.95 | 7.09 | 7.39 | 11.12 | 7.39 |
| Net profit | 28.66 | 22.76 | 30.58 | 23.78 | 19.03 | 22.75 | 29.49 | 21.24 |
| EPS (₹) | 10.51 | 8.20 | 11.46 | 8.78 | 7.77 | 9.29 | 12.05 | 8.68 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,613 | 1,252 | 998 | 789 | 577 | 387 | 458 |
| Revenue growth | +32.9% | +25.3% | +25.7% | +32.1% | +46.9% | -14.8% | -1.9% |
| EBITDA | 211 | 197 | 156 | 119 | 70.59 | 41.68 | 53.02 |
| EBITDA margin | +13.1% | +15.7% | +15.7% | +15.1% | +12.2% | +10.8% | +11.6% |
| Profit before tax | 127 | 132 | 109 | 79.78 | 31.21 | 6.31 | 1.25 |
| Net profit | 96.38 | 98.66 | 80.87 | 59.72 | 23.46 | 4.62 | (0.05) |
| Net profit margin | +6.0% | +7.9% | +8.1% | +7.6% | +4.1% | +1.2% | -0.0% |
| EPS (₹) | 35.47 | 40.14 | 33.21 | 25.61 | 12.25 | 2.55 | 0.02 |
| Balance sheet | |||||||
| Total assets | 1,797 | 1,261 | 1,030 | 754 | 395 | 300 | 329 |
| Net worth | 1,481 | 980 | 882 | 631 | 232 | 157 | 153 |
| Total debt | 310 | 278 | 145 | 121 | 161 | 140 | 175 |
| Cash & bank | 598 | 212 | 341 | 225 | 39.36 | 19.28 | 9.79 |
| Net working capital | 1,206 | 747 | 719 | 508 | 224 | 159 | 177 |
| Cash flow | |||||||
| Cash from operations | 102 | (20.74) | 31.09 | (4.80) | 16.86 | 62.38 | 34.78 |
| Cash from investing | (372) | 44.55 | (123) | (254) | (23.25) | (10.16) | (12.65) |
| Cash from financing | 329 | (58.31) | 124 | 249 | 26.53 | (44.88) | (19.62) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 451 | 403 | 471 | 392 | 346 | 311 | 370 | 297 |
| Revenue growth (YoY) | +30.1% | +29.4% | +27.3% | +32.1% | +26.7% | +23.3% | +31.6% | +26.9% |
| Other income | 10.72 | 11.13 | 13.16 | 10.52 | 5.72 | 5.20 | 6.97 | 6.37 |
| Total expenses | 391 | 356 | 412 | 345 | 300 | 262 | 315 | 255 |
| EBITDA | 59.24 | 47.10 | 58.84 | 47.93 | 46.38 | 48.89 | 55.10 | 41.71 |
| EBITDA margin | +13.1% | +11.7% | +12.5% | +12.2% | +13.4% | +15.7% | +14.9% | +14.0% |
| Depreciation | 24.63 | 23.27 | 23.56 | 20.93 | 19.00 | 16.92 | 16.72 | 14.98 |
| Interest | 7.72 | 7.07 | 7.25 | 6.53 | 5.70 | 5.18 | 5.16 | 4.54 |
| Profit before tax | 37.61 | 27.89 | 41.19 | 30.99 | 27.40 | 31.99 | 40.19 | 28.56 |
| Tax | 9.61 | 7.11 | 10.54 | 7.79 | 7.09 | 7.77 | 10.44 | 7.22 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 462 | 414 | 469 | 383 | 346 | 311 | 370 | 297 |
| Revenue growth (YoY) | +33.3% | +33.0% | +26.7% | +29.0% | +26.7% | +23.3% | +31.5% | +26.3% |
| Other income | 13.34 | 13.26 | 15.51 | 11.56 | 5.84 | 6.03 | 5.75 | 6.13 |
| EBITDA | 59.90 | 49.69 | 58.98 | 47.69 | 45.01 | 46.25 | 56.78 | 42.05 |
| EBITDA margin | +13.0% | +12.0% | +12.6% | +12.4% | +13.0% | +14.9% | +15.3% | +14.2% |
| Depreciation | 26.09 | 24.66 | 24.81 | 20.97 | 19.02 | 16.94 | 16.75 | 15.00 |
| Interest | 8.02 | 7.38 | 7.59 | 6.55 | 5.71 | 5.20 | 5.17 | 4.55 |
| Profit before tax | 39.13 | 30.91 | 42.09 | 31.73 | 26.12 | 30.14 | 40.61 | 28.63 |
| Tax | 10.47 | 8.15 | 11.51 | 7.95 | 7.09 | 7.39 | 11.12 | 7.39 |
| Net profit | 28.66 | 22.76 | 30.58 | 23.78 | 19.03 | 22.75 | 29.49 | 21.24 |
| EPS (₹) | 10.51 | 8.20 | 11.46 | 8.78 | 7.77 | 9.29 | 12.05 | 8.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,612 | 1,252 | 999 | 789 | 577 | 387 | 458 |
| Revenue growth | +32.6% | +25.5% | +25.9% | +32.2% | +47.0% | -14.5% | -1.2% |
| Other income | 46.17 | 24.30 | 24.29 | 15.06 | 12.80 | 16.56 | 3.16 |
| Total expenses | 1,400 | 1,055 | 841 | 668 | 506 | 344 | 402 |
| Employee cost | 117 | 85.34 | 70.36 | 52.68 | 42.38 | 29.20 | 33.17 |
| EBITDA | 213 | 196 | 158 | 120 | 71.70 | 42.58 | 55.42 |
| EBITDA margin | +13.2% | +15.7% | +15.8% | +15.3% | +12.4% | +11.0% | +12.1% |
| Depreciation | 89.46 | 63.00 | 48.67 | 34.63 | 31.51 | 32.52 | 32.79 |
| Interest | 38.43 | 27.48 | 22.03 | 20.18 | 21.48 | 19.91 | 23.79 |
| Profit before tax | 131 | 130 | 111 | 80.68 | 31.51 | 6.71 | 2.00 |
| Tax | 34.71 | 33.78 | 28.02 | 20.38 | 8.14 | 1.96 | 3.32 |
| Net profit | 95.01 | 96.70 | 82.88 | 60.20 | 23.54 | 4.72 | (1.93) |
| Net profit margin | +5.9% | +7.7% | +8.3% | +7.6% | +4.1% | +1.2% | -0.4% |
| EPS (₹) | 35.42 | 39.33 | 34.03 | 25.82 | 12.26 | 2.61 | (0.73) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.76 | 24.48 | 24.48 | 23.35 | 19.08 | 18.21 | 18.21 |
| Reserves & surplus | 1,461 | 958 | 859 | 608 | 213 | 139 | 132 |
| Shareholders' funds (net worth) | 1,488 | 982 | 884 | 632 | 232 | 157 | 150 |
| Minority interest | 176 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.13 | 0.18 | 0.43 | 1.18 | 27.57 | 33.07 | 43.80 |
| Unsecured loans | 322 | 289 | 145 | 120 | 134 | 107 | 130 |
| Total debt | 322 | 289 | 145 | 121 | 161 | 140 | 174 |
| Total liabilities | 1,992 | 1,274 | 1,032 | 755 | 395 | 300 | 326 |
| Assets | |||||||
| Gross block | 569 | 450 | 304 | 251 | 155 | 133 | 142 |
| Net block | 494 | 401 | 230 | 197 | 130 | 113 | 125 |
| Capital work in progress | 11.13 | 30.61 | 8.56 | 4.01 | 0.00 | 3.81 | 0.75 |
| Investments | 37.69 | 36.22 | 25.36 | 2.07 | 1.57 | 0.80 | 0.67 |
| Inventories | 695 | 593 | 440 | 340 | 250 | 198 | 219 |
| Sundry debtors | 17.50 | 18.26 | 15.57 | 6.18 | 5.18 | 12.18 | 9.38 |
| Cash & bank balances | 662 | 220 | 345 | 229 | 39.84 | 20.51 | 10.94 |
| Loans & advances | 114 | 59.56 | 63.33 | 63.84 | 41.47 | 26.06 | 36.74 |
| Total current assets | 1,489 | 891 | 864 | 639 | 336 | 257 | 276 |
| Total current liabilities | 205 | 136 | 139 | 125 | 109 | 93.96 | 95.55 |
| Net working capital | 1,283 | 755 | 725 | 513 | 227 | 163 | 180 |
| Total assets | 1,992 | 1,274 | 1,032 | 755 | 395 | 300 | 326 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 28.48 | 60.58 | 27.89 | 37.68 | 18.31 | 9.84 | 7.57 |
| Net cash from operating activities | 89.60 | (20.29) | 30.81 | (2.15) | 16.65 | 63.45 | 36.45 |
| Net cash from investing activities | (476) | 46.59 | (123) | (256) | (23.78) | (10.04) | (14.56) |
| Net cash from financing activities | 502 | (58.40) | 125 | 249 | 26.50 | (44.94) | (19.62) |
| Net change in cash | 116 | (32.10) | 32.69 | (9.79) | 19.37 | 8.47 | 2.27 |
| Closing cash | 662 | 220 | 345 | 229 | 39.84 | 20.51 | 10.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +28.8% | +25.3% | +26.7% | +36.6% | +49.3% | -15.6% | +3.2% |
| EBITDA growth | +8.3% | +24.4% | +31.0% | +68.0% | +68.4% | -23.2% | +53.2% |
| PBT growth | +0.6% | +16.9% | +38.0% | +156.1% | +369.6% | +235.5% | -90.8% |
| Net income growth | -1.8% | +16.7% | +37.7% | +155.7% | +398.7% | +9998.0% | - |
| Revenue CAGR (3Y) | +26.9% | +29.4% | +37.2% | +19.9% | +9.2% | - | - |
| EBITDA CAGR (3Y) | +20.9% | +39.9% | +54.7% | +29.5% | +25.6% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +6.0% | +7.7% | +8.3% | +7.7% | +4.1% | +1.2% | -0.3% |
| Return on capital employed | +11.0% | +13.7% | +14.9% | +17.6% | +15.3% | +8.5% | +10.1% |
| Return on net worth | +7.8% | +10.3% | +11.0% | +14.0% | +12.0% | +3.1% | -1.4% |
| Debt / equity | 0.25 | 0.23 | 0.18 | 0.33 | 0.78 | 0.76 | 0.86 |
| Long-term debt / equity | 0.21 | 0.19 | 0.14 | 0.24 | 0.50 | 0.41 | 0.39 |
| Interest cover | 31.21 | 20.62 | 20.20 | 23.52 | 53.45 | 197.91 | 105.13 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.17 | 3.32 | 3.60 | 3.88 | 4.01 | 2.81 | 5.20 |
| Inventory turnover | 2.50 | 2.42 | 2.56 | 2.67 | 2.58 | 1.86 | 2.16 |
| Debtors turnover | 90.17 | 74.00 | 91.86 | 138.83 | 66.51 | 35.86 | 50.04 |
| EPS (₹) | 35.42 | 39.33 | 34.03 | 25.82 | 12.26 | 2.61 | (0.73) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 556.07 | 401.22 | 361.09 | 270.46 | 121.44 | 86.17 | 82.29 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 451 | 403 | 471 | 392 | 346 | 311 | 370 | 297 |
| Revenue growth (YoY) | +30.1% | +29.4% | +27.3% | +32.1% | +26.7% | +23.3% | +31.6% | +26.9% |
| Other income | 10.72 | 11.13 | 13.16 | 10.52 | 5.72 | 5.20 | 6.97 | 6.37 |
| Total expenses | 391 | 356 | 412 | 345 | 300 | 262 | 315 | 255 |
| EBITDA | 59.24 | 47.10 | 58.84 | 47.93 | 46.38 | 48.89 | 55.10 | 41.71 |
| EBITDA margin | +13.1% | +11.7% | +12.5% | +12.2% | +13.4% | +15.7% | +14.9% | +14.0% |
| Depreciation | 24.63 | 23.27 | 23.56 | 20.93 | 19.00 | 16.92 | 16.72 | 14.98 |
| Interest | 7.72 | 7.07 | 7.25 | 6.53 | 5.70 | 5.18 | 5.16 | 4.54 |
| Profit before tax | 37.61 | 27.89 | 41.19 | 30.99 | 27.40 | 31.99 | 40.19 | 28.56 |
| Tax | 9.61 | 7.11 | 10.54 | 7.79 | 7.09 | 7.77 | 10.44 | 7.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,613 | 1,252 | 998 | 789 | 577 | 387 | 458 |
| Revenue growth | +32.9% | +25.3% | +25.7% | +32.1% | +46.9% | -14.8% | -1.9% |
| Other income | 40.52 | 24.89 | 22.17 | 15.20 | 13.48 | 16.97 | 6.38 |
| Total expenses | 1,401 | 1,055 | 841 | 669 | 507 | 345 | 405 |
| Employee cost | 114 | 84.07 | 68.90 | 50.94 | 40.75 | 27.47 | 31.60 |
| EBITDA | 211 | 197 | 156 | 119 | 70.59 | 41.68 | 53.02 |
| EBITDA margin | +13.1% | +15.7% | +15.7% | +15.1% | +12.2% | +10.8% | +11.6% |
| Depreciation | 86.75 | 62.91 | 48.07 | 34.53 | 31.41 | 32.47 | 34.58 |
| Interest | 37.58 | 27.44 | 21.98 | 20.15 | 21.45 | 19.87 | 23.57 |
| Profit before tax | 127 | 132 | 109 | 79.78 | 31.21 | 6.31 | 1.25 |
| Tax | 32.55 | 33.30 | 27.29 | 19.97 | 7.84 | 1.66 | 1.21 |
| Net profit | 96.38 | 98.66 | 80.87 | 59.72 | 23.46 | 4.62 | (0.05) |
| Net profit margin | +6.0% | +7.9% | +8.1% | +7.6% | +4.1% | +1.2% | -0.0% |
| EPS (₹) | 35.47 | 40.14 | 33.21 | 25.61 | 12.25 | 2.55 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.76 | 24.48 | 24.48 | 23.35 | 19.08 | 18.21 | 18.21 |
| Reserves & surplus | 1,455 | 956 | 857 | 608 | 213 | 139 | 134 |
| Shareholders' funds (net worth) | 1,481 | 980 | 882 | 631 | 232 | 157 | 153 |
| Secured loans | 0.00 | 0.00 | 0.20 | 1.18 | 27.57 | 33.07 | 43.80 |
| Unsecured loans | 310 | 278 | 145 | 120 | 134 | 107 | 131 |
| Total debt | 310 | 278 | 145 | 121 | 161 | 140 | 175 |
| Total liabilities | 1,797 | 1,261 | 1,030 | 754 | 395 | 300 | 329 |
| Assets | |||||||
| Gross block | 541 | 439 | 303 | 251 | 154 | 133 | 145 |
| Net block | 467 | 390 | 229 | 197 | 129 | 112 | 128 |
| Capital work in progress | 10.85 | 29.85 | 8.56 | 4.01 | 0.00 | 3.81 | 0.75 |
| Investments | 47.47 | 45.94 | 30.11 | 6.99 | 5.81 | 4.36 | 3.77 |
| Inventories | 681 | 593 | 440 | 340 | 250 | 198 | 219 |
| Sundry debtors | 17.36 | 18.26 | 15.57 | 6.18 | 5.18 | 12.18 | 9.38 |
| Cash & bank balances | 598 | 212 | 341 | 225 | 39.36 | 19.28 | 9.79 |
| Loans & advances | 110 | 59.54 | 63.29 | 63.75 | 41.40 | 25.99 | 36.51 |
| Total current assets | 1,406 | 883 | 860 | 634 | 336 | 255 | 274 |
| Total current liabilities | 200 | 136 | 141 | 126 | 112 | 95.90 | 97.65 |
| Net working capital | 1,206 | 747 | 719 | 508 | 224 | 159 | 177 |
| Total assets | 1,797 | 1,261 | 1,030 | 754 | 395 | 300 | 329 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 24.91 | 59.42 | 27.01 | 37.27 | 17.14 | 9.79 | 7.29 |
| Net cash from operating activities | 102 | (20.74) | 31.09 | (4.80) | 16.86 | 62.38 | 34.78 |
| Net cash from investing activities | (372) | 44.55 | (123) | (254) | (23.25) | (10.16) | (12.65) |
| Net cash from financing activities | 329 | (58.31) | 124 | 249 | 26.53 | (44.88) | (19.62) |
| Net change in cash | 59.32 | (34.51) | 32.41 | (10.26) | 20.13 | 7.35 | 2.50 |
| Closing cash | 598 | 212 | 341 | 225 | 39.36 | 19.28 | 9.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +28.8% | +25.4% | +26.6% | +36.6% | +49.3% | -15.6% | +3.6% |
| EBITDA growth | +7.2% | +25.9% | +31.2% | +69.0% | +69.4% | -21.4% | +81.2% |
| PBT growth | -3.1% | +21.2% | +36.1% | +155.6% | +394.6% | +404.8% | -93.2% |
| Net income growth | -2.3% | +22.0% | +35.4% | +154.6% | +407.8% | +9998.0% | - |
| Revenue CAGR (3Y) | +26.9% | +29.4% | +37.2% | +19.9% | +9.3% | +2.8% | +12.1% |
| EBITDA CAGR (3Y) | +21.0% | +40.8% | +55.4% | +31.0% | +34.1% | +43.5% | +129.3% |
| Profitability & leverage | |||||||
| Net income margin | +5.9% | +7.9% | +8.2% | +7.6% | +4.1% | +1.2% | +0.0% |
| Return on capital employed | +10.8% | +13.9% | +14.6% | +17.4% | +15.2% | +8.3% | +9.3% |
| Return on net worth | +7.7% | +10.6% | +10.7% | +13.9% | +12.0% | +3.0% | -0.0% |
| Debt / equity | 0.24 | 0.23 | 0.18 | 0.33 | 0.78 | 0.76 | 0.60 |
| Long-term debt / equity | 0.20 | 0.19 | 0.14 | 0.24 | 0.50 | -17,388.52 | -18,943.74 |
| Interest cover | 30.18 | 20.46 | 20.28 | 23.78 | 54.75 | 215.74 | 127.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 3.29 | 3.38 | 3.60 | 3.89 | 4.03 | 2.78 | 5.11 |
| Inventory turnover | 2.53 | 2.42 | 2.56 | 2.67 | 2.58 | 1.86 | 2.16 |
| Debtors turnover | 90.54 | 74.00 | 91.76 | 138.83 | 66.51 | 35.86 | 53.46 |
| EPS (₹) | 35.47 | 40.14 | 33.21 | 25.61 | 12.25 | 2.55 | 0.02 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 553.66 | 400.35 | 360.27 | 270.32 | 121.53 | 86.28 | 83.76 |
Shareholding Pattern of Ethos Limited
As per the shareholding pattern for the quarter ended Jun 2026, promoters hold 50.60%, foreign institutional investors hold 11.30%, domestic institutional investors hold 23.90%, retail and other public shareholders hold 14.20% of Ethos Limited.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 50.60% | 50.60% | 50.60% | 50.60% |
| Public | 49.40% | 49.40% | 49.40% | 49.40% |
Group Structure of Ethos Limited
Ethos Limited has 1 subsidiary company and 1 joint venture. This group structure data is as of FY 2024. The corporate group structure reflects Ethos Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rf Brands Private Limited | U47732HR2024PTC118558 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Ethos Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Apr 2026 | Others | ₹3 Cr | Open |
| 15 Apr 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Satisfied |
| 22 May 2024 | Axis Bank Limited | ₹30 Cr | Satisfied |
| 19 Apr 2024 | Hdfc Bank Limited | ₹30 Cr | Satisfied |
| 05 Mar 2024 | Others | ₹20 Cr | Satisfied |
Total charge records: 26 View all charges
Employees and EPFO Compliance at Ethos Limited
Ethos Limited has a workforce of 830 employees as of Nov 24, 2025.
Employee and EPFO history for Ethos Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
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GST Compliance of Ethos Limited
GST registrations and filing compliance for Ethos Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ethos Limited
Credit ratings, litigation, and regulatory alerts for Ethos Limited
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MSME Payment Delays by Ethos Limited
MSME payment history for Ethos Limited
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Subsidiaries & Group Companies of Ethos Limited
Corporate group structure for Ethos Limited
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MCA Filings & Documents of Ethos Limited
MCA filings and documents for Ethos Limited
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Recent Activity on Ethos Limited
Recent News on Ethos Limited
Frequently Asked Questions about Ethos Limited
Ethos Limited is an active public limited company in the consumer goods sector based in Parwanoo, Himachal Pradesh, India. It was incorporated on 05 November 2007 (19+ years old) and is registered under CIN L52300HP2007PLC030800. Listed on BSE: 543532. The company has 830 employees.
Ethos Limited reported revenue of ₹1,612.24 Cr for FY 2025-26 (up 28.81% YoY) based on consolidated financials.
The current directors of Ethos Limited are:
- Anil Khanna - Director
- Yashovardhan Saboo - Whole-Time Director
- Dilpreet Singh - Director
- Pranav Shankar Saboo - Managing Director
- Charu Sharma - Director
- Munisha Gandhi - Director
- Sundeep Kumar - Director
- Munish Gupta - Whole-Time Director
The primary industry of Ethos Limited is consumer goods. The company specifically operates in accessories retail and distribution. The company is currently active in this sector.
Yes. Ethos Limited is listed on BSE with code 543532.
Yes, Ethos Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).