Integrated Filing — IndAS
General information about company
| Scrip Code |
543532 |
| NSE Symbol |
ETHOSLTD |
| MSEI Symbol |
NOTLISTED |
| ISIN |
INE04TZ01018 |
| Name of company |
ETHOS LIMITED |
| Type of company |
Main Board |
| Class of security |
Equity |
| Date of start of financial year |
01-04-2025 |
| Date of end of financial year |
31-03-2026 |
| Date of board meeting when results were approved |
06-02-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed
to the exchange |
29-01-2026 |
| Description of presentation currency |
INR |
| Level of rounding used in financial results |
Lakhs |
| Reporting Type |
Quarterly |
| Reporting Quarter |
Third quarter |
| Nature of report standalone or consolidated |
Standalone |
| Whether results are audited or unaudited for the quarter ended |
Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended |
Unaudited |
| Segment Reporting |
Single segment |
| Description of single segment |
Watches |
| Start date and time of board meeting |
06-02-2026 12:15:00 |
| End date and time of board meeting |
06-02-2026 14:20:00 |
| Whether cash flow statement is applicable on company |
|
| Type of cash flow statement |
|
| Declaration of unmodified opinion or statement on impact of audit qualification |
Not applicable |
| Whether statement on deviation or variation for proceeds of public issue, rights issue,
preferential issue, qualified institutions placement etc. is applicable to the company for the
current quarter? |
Yes |
| No. of times funds raised during the quarter |
3 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the
entity? |
No |
| The Company has raised funds Three Times, Once through IPO in May 22, next through QIP in Nov 23 and Lastly through Right Issue in July 25. |
Financial Results Ind-AS
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Standalone |
Standalone |
| 1 |
Income |
|
Revenue from operations |
47,085.61 |
1,20,967.39 |
|
Other income |
1,315.76 |
2,939.21 |
|
Total income |
48,401.37 |
1,23,906.60 |
| 2 |
Expenses |
| (a) |
Cost of materials consumed |
0.00 |
0.00 |
| (b) |
Purchases of stock-in-trade |
36,542.63 |
95,414.77 |
| (c) |
Changes in inventories of finished goods,
work-in-progress and stock-in-trade |
(2,726.54) |
(8,641.83) |
| (d) |
Employee benefit expense |
3,244.55 |
8,382.49 |
| (e) |
Finance costs |
724.93 |
1,947.59 |
| (f) |
Depreciation, depletion and amortisation expense
|
2,356.36 |
6,348.80 |
| (f) |
Other Expenses |
| 1 |
Other Expenses |
3,969.66 |
10,325.99 |
|
Total other expenses |
3,969.66 |
10,325.99 |
|
Total expenses |
44,111.59 |
1,13,777.81 |
| 3 |
Total profit before exceptional items and tax |
4,289.78 |
10,128.79 |
| 4 |
Exceptional items |
(171.58) |
(171.58) |
| 5 |
Total profit before tax |
4,118.20 |
9,957.21 |
| 6 |
Tax expense |
|
| 7 |
Current tax |
1,166.42 |
2,878.94 |
| 8 |
Deferred tax |
(111.68) |
(335.72) |
| 9 |
Total tax expenses |
1,054.74 |
2,543.22 |
| 10 |
Net movement in regulatory deferral account balances related to profit or loss and
the related deferred tax movement |
0.00 |
0.00 |
| 11 |
Net Profit Loss for the period from
continuing operations |
3,063.46 |
7,413.99 |
| 12 |
Profit (loss) from discontinued operations before tax |
0.00 |
0.00 |
| 13 |
Tax expense of discontinued operations |
0.00 |
0.00 |
| 14 |
Net profit (loss) from discontinued
operation after tax |
0.00 |
0.00 |
| 15 |
Share of profit (loss) of associates and joint ventures accounted for using equity
method |
0.00 |
0.00 |
| 16 |
Total profit (loss) for period |
3,063.46 |
7,413.99 |
| 17 |
Other comprehensive income net of taxes |
2.20 |
2.20 |
| 18 |
Total Comprehensive Income for the period |
3,065.66 |
7,416.19 |
| 19 |
Total profit or loss, attributable to
|
|
|
|
Profit or loss, attributable to owners of parent |
|
|
|
Total profit or loss, attributable to non-controlling interests |
|
|
| 20 |
Total Comprehensive income for the period attributable to |
|
|
|
Comprehensive income for the period attributable to owners of parent |
|
|
|
Total comprehensive income for the period attributable to owners of parent non-controlling
interests |
|
|
| 21 |
Details of equity share capital |
|
|
Paid-up equity share capital |
2,675.77 |
2,675.77 |
|
Face value of equity share capital |
10 |
10 |
| 27 |
Details of debt securities |
|
| 22 |
Reserves excluding revaluation reserve |
|
|
| 23 |
Earnings per share |
|
| i |
Earnings per equity share for continuing operations |
|
|
Basic earnings (loss) per share from continuing operations |
11.54 |
28.54 |
|
Diluted earnings (loss) per share from continuing operations |
11.54 |
28.54 |
| ii |
Earnings per equity share for discontinued operations |
|
|
Basic earnings (loss) per share from discontinued operations |
0 |
0 |
|
Diluted earnings (loss) per share from discontinued operations |
0 |
0 |
| ii |
Earnings per equity share |
|
|
Basic earnings (loss) per share from continuing
and discontinued operations |
11.54 |
28.54 |
|
Diluted earnings (loss) per share from
continuing and discontinued operations |
11.54 |
28.54 |
| 24 |
Debt equity ratio |
|
|
| 25 |
Debt service coverage ratio |
|
|
| 26 |
Interest service coverage ratio |
|
|
| 27 |
Disclosure of notes on financial results |
|
Remarks
Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results
Amount in (Lakhs)
| Particulars |
3 months/ 6 month ended (dd-mm-yyyy) |
Year to date figures for current period
ended (dd-mm-yyyy) |
| Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| Date of end of reporting
period |
31-12-2025 |
31-12-2025 |
| Whether results are audited
or unaudited |
Unaudited |
Unaudited |
| Nature of report standalone or
consolidated |
Standalone |
Standalone |
| 1 |
Segment Revenue (Income) |
|
(net sale/income from each segment should
be disclosed) |
|
Total Segment Revenue |
|
|
|
Less: Inter segment revenue |
|
|
|
Revenue from operations |
|
|
| 2 |
Segment Result |
|
Profit (+) / Loss (-) before tax and
interest from each segment |
|
Total Profit before tax |
|
|
|
i. Finance cost |
|
|
|
ii. Other Unallocable Expenditure net off Unallocable income |
|
|
|
Profit before tax |
|
|
| 3 |
(Segment Asset - Segment Liabilities)
|
|
Segment Asset |
|
Total Segment Asset |
|
|
|
Un-allocable Assets |
null |
null |
|
Net Segment Asset |
null |
null |
| 4 |
Segment Liabilities |
|
Segment Liabilities |
|
Total Segment Liabilities |
|
|
|
Un-allocable Liabilities |
null |
null |
|
Net Segment Liabilities |
null |
null |
|
Disclosure of notes on segments |
|
Other Comprehensive Income
Amount in (Lakhs)
| Particulars |
3 months/ 6 months ended (dd-mm-yyyy) |
Year to date figures for current period ended (dd-mm-yyyy) |
| A |
Date of start of reporting period |
01-10-2025 |
01-04-2025 |
| B |
Date of end of reporting period |
31-12-2025 |
31-12-2025 |
| C |
Whether results are audited or unaudited |
Unaudited |
Unaudited |
| D |
Nature of report standalone or consolidated |
Standalone |
Standalone |
|
Other comprehensive income [Abstract] |
|
| 1 |
Amount of items that will not be reclassified to profit and loss |
|
| 1 |
Re-measurement of Profit / (loss) on defined benefit plans |
2.94 |
2.94 |
|
Total Amount of items that will not be reclassified to profit and loss |
2.94 |
2.94 |
| 2 |
Income tax relating to items that will not be reclassified to profit or loss |
0.74 |
0.74 |
| 3 |
Amount of items that will be reclassified to profit and loss |
|
|
Total Amount of items that will be reclassified to profit and loss |
|
|
| 4 |
Income tax relating to items that will be reclassified to profit or loss |
0.00 |
0.00 |
| 5 |
Total Other comprehensive income |
2.20 |
2.20 |
Statement on Deviation or Variation for proceeds of Public Issue, Rights
Issue, Preferential Issue, Qualified Institutions Placement Etc. (1)
Amount in (Lakhs)
| Mode of Fund Raising |
Public Issues |
| Description of mode of fund raising
(Applicable in case of others is selected) |
|
| Date of Raising Funds |
26-05-2022 |
| Amount Raised |
40,226.00 |
| Report filed for Quarter ended |
31-12-2025 |
| Monitoring Agency |
Applicable |
| Monitoring Agency Name, if applicable |
CRISIL Ratings Limited |
| Is there a Deviation / Variation in use of funds raised |
No |
| If yes, whether the same is pursuant to change in terms of a contract or objects,
which was approved by the shareholders |
|
| If Yes, Date of shareholder Approval |
|
| Explanation for the Deviation / Variation |
Not Applicable |
| Comments of the Audit Committee after review |
No Comments |
| Comments of the auditors, if any |
No Comments |
| Sr. |
Original Object |
Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilised |
Amount of Deviation/Variation for the quarter according to applicable
object |
Remarks if any |
| 1 |
Repayment or pre-payment, in full or in part, of all or certain borrowings availed by our Company |
Not Applicable |
2,989.09 |
0.00 |
2,989.09 |
0.00 |
Entire amount was utilized during the quarter ended June, 2022. |
| 2 |
Funding working capital requirements of our Company |
Not applicable |
23,496.22 |
0.00 |
23,496.22 |
0.00 |
Entire amount was utilized during the quarter ended March 31, 2024 |
| 3 |
Financing the establishment of new stores and renovation of the certain existing stores |
Not applicable |
3,327.28 |
0.00 |
3,327.28 |
0.00 |
Proceeds were utilized for establishment of a new store according to the list of revised locations for deploying the unutilized amounts lying under Object 3 as was recommended by the Audit Committee and the Board of Directors of the Company vide meetings held on January 18, 2024. |
| 4 |
Financing the upgradation of ERP |
Not applicable |
198.01 |
0.00 |
198.01 |
0.00 |
Entire amount has been utilized for this object during the quarter ended September 30, 2024 |
| 5 |
General corporate purpose |
Not applicable |
3,609.87 |
3,958.35 |
3,958.35 |
0.00 |
Entire amount has been utilized for this object during the quarter ended March 31, 2024 |
Statement on Deviation or Variation for proceeds of Public Issue, Rights
Issue, Preferential Issue, Qualified Institutions Placement Etc. (2)
Amount in (Lakhs)
| Mode of Fund Raising |
QIP |
| Description of mode of fund raising
(Applicable in case of others is selected) |
|
| Date of Raising Funds |
03-11-2023 |
| Amount Raised |
17,499.82 |
| Report filed for Quarter ended |
31-12-2025 |
| Monitoring Agency |
Applicable |
| Monitoring Agency Name, if applicable |
CRISIL Ratings Limited |
| Is there a Deviation / Variation in use of funds raised |
No |
| If yes, whether the same is pursuant to change in terms of a contract or objects,
which was approved by the shareholders |
|
| If Yes, Date of shareholder Approval |
|
| Explanation for the Deviation / Variation |
Not Applicable |
| Comments of the Audit Committee after review |
No Comments |
| Comments of the auditors, if any |
No Comments |
| Sr. |
Original Object |
Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilised |
Amount of Deviation/Variation for the quarter according to applicable
object |
Remarks if any |
| 1 |
Funding working capital requirements of the Company |
Not applicable |
13,125.00 |
0.00 |
13,125.00 |
0.00 |
Proceeds were fully utilized till the quarter ended June 30, 2025. |
| 2 |
General corporate purpose |
Not applicable |
3,834.64 |
0.00 |
3,834.64 |
0.00 |
Proceeds were utilized towards expenses incurred in ordinary course of business |
Statement on Deviation or Variation for proceeds of Public Issue, Rights
Issue, Preferential Issue, Qualified Institutions Placement Etc. (3)
Amount in (Lakhs)
| Mode of Fund Raising |
Rights Issues |
| Description of mode of fund raising
(Applicable in case of others is selected) |
|
| Date of Raising Funds |
04-07-2025 |
| Amount Raised |
40,990.50 |
| Report filed for Quarter ended |
31-12-2025 |
| Monitoring Agency |
Applicable |
| Monitoring Agency Name, if applicable |
CRISIL Ratings Limited |
| Is there a Deviation / Variation in use of funds raised |
No |
| If yes, whether the same is pursuant to change in terms of a contract or objects,
which was approved by the shareholders |
|
| If Yes, Date of shareholder Approval |
|
| Explanation for the Deviation / Variation |
false |
| Comments of the Audit Committee after review |
No comments |
| Comments of the auditors, if any |
No comments |
| Sr. |
Original Object |
Modified Object, if any |
Original Allocation |
Modified allocation, if any |
Funds Utilised |
Amount of Deviation/Variation for the quarter according to applicable
object |
Remarks if any |
| 1 |
Funding working Capital requirements of the Company |
Not applicable |
31,000.00 |
0.00 |
20,389.52 |
0.00 |
|
| 2 |
GCP |
Not applicable |
9,611.48 |
0.00 |
9,611.48 |
0.00 |
|
| 3 |
Issue related expenses |
Not applicable |
379.02 |
0.00 |
10.53 |
0.00 |
|
Signatory Details
| Name of signatory |
Shubham Kandhway |
| Designation of person |
Company Secretary and Compliance Officer |
| Place |
Gurugram |
| Date |
06-02-2026 |