Ethos financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹462cr+33.3% on Q1 FY26
Net profit
₹28.7cr+50.7% on Q1 FY26
EBITDA margin
13.3%0.0 pts on Q1 FY26
EPS
₹10.51+35.3% on Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue462346+33.3%
EBITDA61.546.1+33.4%
EBITDA margin13.3%13.3%0.0 pts
Profit before tax40.827.2+49.7%
Net profit28.719.0+50.7%
EPS₹10.51₹7.77+35.3%

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹462 crNet profit₹28.7 crNet margin6.2%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
6,570————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
14414428.560.627.9
1761760.00.00.0
0.10.143.86.78.0
6,603————
1,7281,6121,252999789
—+28.8%+25.3%+26.7%—
223208190152114
12.9%12.9%15.2%15.2%14.5%
12711812710379.8
10696.196.383.360.3
6.1%6.0%7.7%8.3%7.7%
₹39.00₹35.42₹35.99₹31.13₹22.53
—−1.6%+15.6%+38.1%—
—89.6−20.330.8−2.1
—−71.3−79.3−39.4−56.6
18.318.3−99.6−8.6−58.8
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ETHOSLTD₹2,455.50

Ethos Ltd.

· Consumer Goods
₹ CrorePeersTITANEUREKAFORBCERACENTURYPLYIFBINDCELLOCAMPUSINDIGOPNTSMcap ₹6,570 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————6,570.4
- Cash, Equiv & ST Investments27.960.628.5144.1144.1
+ Minority Interest0.00.00.0176.5176.5
+ Total Debt8.06.743.80.10.1
Enterprise Value————6,602.9
Revenue788.5999.01,251.61,612.21,727.6
Growth %, YoY—+26.7+25.3+28.8—
EBITDA114.4151.7190.1207.8223.2
Margin %14.5115.1915.1912.8912.92
EBIT79.8103.0127.1118.3126.7
Net Income60.383.396.396.1105.8
Margin %7.658.347.695.966.12
EPS, Adj (current shares)22.5331.1335.9935.4239.00
Growth %, YoY—+38.1+15.6-1.6—
Cash from Operations-2.130.8-20.389.6—
Capital Expenditures-56.6-39.4-79.3-71.3—
Free Cash Flow-58.8-8.6-99.618.318.3
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ethos financials and key ratios

Prices at the 29 October 2026 close · figures from the company's filings with NSE

Ethos (NSE: ETHOSLTD) had a market capitalisation of ₹6,726 crore at the 29 October 2026 close (₹2,513.60 a share), a PE ratio of 64.5 on the last four quarters' profit and a price-to-book ratio of 4.52. In FY26 its consolidated net profit attributable to shareholders was ₹94.8 crore on revenue of ₹1,612 crore; in Q1 FY27 (April–June 2026) it was ₹28.1 crore, up 47.9% year on year. Its debt-to-equity ratio was 0.00 on 31 March 2026. Promoters held 50.59% of the shares on 30 September 2026.

Ethos Q1 FY27 results
filed 3 August 2026
Share price used
₹2,513.60 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026
Share price and live chart
₹2,513.60 · 29 Oct close

Ethos at a glance · consolidated

Market cap
₹6,726 Crat ₹2,513.60 · 29 Oct close
PE ratio (last 4 quarters)
64.571.0 on FY26 profit
Price to book (PB)
4.52book value ₹556.07 a share
ROE (FY26)
7.7%−2.7 pts vs FY25ROCE 7.5%
Debt to equity
0.00net cash ₹662 Cr
Promoter holding
50.59%unchanged vs 30 Jun 202630 September 2026
Net worth
₹1,488 Cr+51.5% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹18.3 Cr
EPS (FY26)
₹36.21

Questions

What is the Ethos PE ratio today?

Ethos' PE ratio is 64.5 at the 29 October 2026 close (₹2,513.60 a share): a market capitalisation of ₹6,726 crore divided by consolidated net profit attributable to shareholders of ₹104 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹94.8 crore) it is 71.0.

What is the Ethos PB ratio (price to book value)?

Ethos' price-to-book (PB) ratio is 4.52 at the 29 October 2026 close: a market capitalisation of ₹6,726 crore divided by shareholders' equity (book value) of ₹1,488 crore on 31 March 2026. That is a book value of ₹556.07 per share against a share price of ₹2,513.60.

What is the Ethos net worth?

Ethos' net worth — shareholders' equity in its consolidated balance sheet — was ₹1,488 crore on 31 March 2026, up 51.5% from ₹982 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,726 crore at the 29 October 2026 close.

What is the Ethos market cap?

Ethos' market capitalisation was ₹6,726 crore at the 29 October 2026 close: 2.68 crore shares at ₹2,513.60 each.

What is the Ethos debt to equity ratio?

Ethos' debt-to-equity ratio was 0.00 on 31 March 2026: borrowings of ₹13 lakh against total equity of ₹1,664 crore. A year earlier, on 31 March 2025, it was 0.04.

What is the Ethos EPS?

Ethos' basic earnings per share (EPS) were ₹36.21 in FY26, against ₹39.33 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹38.95.

Is Ethos debt free?

No. Ethos had borrowings of ₹13 lakh on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹662 crore, so it held net cash of ₹662 crore.

What is the Ethos promoter holding?

Promoters held 50.59% of Ethos on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.

What is the Ethos free cash flow?

In FY26, Ethos generated ₹89.6 crore of cash from operations and spent ₹71.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹18.3 crore. In FY25 it was −₹99.6 crore.

What is the Ethos ROE and ROCE?

In FY26, Ethos' return on equity (ROE) was 7.7% and its return on capital employed (ROCE) was 7.5%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 10.3% and ROCE 11.4%.

What is the Ethos shareholding pattern?

On 30 September 2026, Ethos' shares were held by promoters 50.59%, foreign portfolio investors (FII/FPI) 8.85%, domestic institutions (DII) 25.80% (including mutual funds at 22.12%) and retail and other non-institutional investors 14.76%. Over the year, FII holding was down 4.44 percentage points from 13.29% and DII holding was up 5.84 percentage points from 19.96%.

How does Ethos compare with its peers?

On FY26 consolidated figures, against Titan, Eureka Forbes and Cera Sanitaryware: Ethos' operating margin of 7.3% is the lowest of the four (Titan 8.6%, Eureka Forbes 9.0%, Cera Sanitaryware 11.2%; peer average 9.6%); its return on equity of 7.7% is the third highest of the four (Titan 37.1%, Eureka Forbes 3.6%, Cera Sanitaryware 14.5%; peer average 18.4%).

What is the Ethos book value per share?

Ethos' book value per share was ₹556.07 on 31 March 2026: shareholders' equity of ₹1,488 crore divided by the 2.68 crore shares in issue, up 38.6% from ₹401.22 a year earlier. The share price at the 29 October 2026 close was ₹2,513.60.

What are the Ethos latest quarterly results?

Ethos' latest results are for Q1 FY27 (April–June 2026), filed on 3 August 2026: consolidated net profit attributable to shareholders ₹28.1 crore, up 47.9% from ₹19 crore in Q1 FY26; revenue from operations ₹462 crore, up 33.3% year on year.

What is the Ethos revenue and profit in FY26?

In FY26 (April 2025–March 2026), Ethos' consolidated net profit attributable to shareholders was ₹94.8 crore, down 1.6% from ₹96.3 crore in FY25, on revenue from operations of ₹1,612 crore (up 28.8%). Over three years, from FY23, net profit was up 57.2%.

When are the Ethos next results?

Ethos has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.

How does the Ethos PE ratio compare with its peers?

At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Ethos' PE ratio is 71.0, the second highest of the four: Titan 77.6, Eureka Forbes 38.4 and Cera Sanitaryware 28.0, a peer average of 48.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.

Ethos vs Titan: how do they compare?

In FY26, Ethos earned net profit attributable to shareholders of ₹94.8 crore on revenue of ₹1,612 crore, against ₹5,073 crore on ₹87,584 crore for Titan. Ethos' operating margin was 7.3% (Titan 8.6%) and its return on equity 7.7% (Titan 37.1%). At the 29 October 2026 close, Ethos' market capitalisation was ₹6,726 crore against ₹3,93,651 crore for Titan, and its PE ratio on FY26 profit 71.0 against 77.6.

Where do these Ethos figures come from?

From Ethos' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.