|
16 Jul 2025 |
Ethos
|
Consensus Share Price Target
|
2828.90 |
3500.00 |
- |
23.72 |
buy
|
|
|
|
|
17 May 2025
|
Ethos
|
Emkay
|
2828.90
|
3500.00
|
2725.70
(3.79%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We reiterate BUY on Ethos with revised TP of Rs3,500 (up ~6% on 3M rollover to Jun-26E; earnings/multiple unchanged).
|
|
06 May 2025
|
Ethos
|
Emkay
|
2828.90
|
3300.00
|
2476.40
(14.23%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Ethos’s Q4 EBITDA is in-line, with margin up by 80bps offsetting the 6% miss on revenue. Despite this, revenue growth was a decent 23%/25% in Q4/FY25, led by SSG of 17.4% in FY25 and by new store additions.
|
|
21 Feb 2025
|
Ethos
|
Hem Securities
|
2828.90
|
2993.00
|
2595.15
(9.01%)
|
Target met |
Buy
|
|
|
|
|
17 Feb 2025
|
Ethos
|
Axis Direct
|
2828.90
|
3070.00
|
2461.55
(14.92%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We maintain our BUY rating on the stock
|
|
11 Nov 2024
|
Ethos
|
Axis Direct
|
2828.90
|
3450.00
|
2901.50
(-2.50%)
|
Pre-Bonus/ Split |
Buy
|
|
|
We maintain our BUY rating on the stock
|
|
09 Nov 2024
|
Ethos
|
Emkay
|
2828.90
|
3350.00
|
2831.75
(-0.10%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Ethos’s Q2 EBITDA was ~13% lower than estimate, led by a 250bps margin miss on account of INR depreciation and growth investments (higher store addition).
|
|
15 Aug 2024
|
Ethos
|
Emkay
|
2828.90
|
3700.00
|
3139.30
(-9.89%)
|
Pre-Bonus/ Split |
Buy
|
|
|
Ethos delivered 4% better EBITDA led by strategic curtailing of marketing spends. Despite operating challenges across the entire retail spectrum, Ethos has outperformed with strong 19% revenue growth.
|
|
14 Aug 2024
|
Ethos
|
Monarch Networth Capital Limited
|
2828.90
|
3600.00
|
3139.30
(-9.89%)
|
Pre-Bonus/ Split |
Buy
|
|
|
|
|
14 May 2024
|
Ethos
|
Axis Direct
|
2828.90
|
2700.00
|
2410.90
(17.34%)
|
Target met |
Buy
|
|
|
We maintain our BUY rating on the stock based on the company's bright future prospects. Our TP implies a 17% upside from the CMP.
|
|
14 May 2024
|
Ethos
|
Emkay
|
2828.90
|
2950.00
|
2410.90
(17.34%)
|
Target met |
Buy
|
|
|
Ethos continued to outperform, with 22%/27% revenue growth in Q4/FY24. Advance investments in Employees (planned store roll-outs/new vertical) and Tech/App led to a ~140bps miss on EBITDA margin which should normalize in coming quarters.
|
|
07 May 2024
|
Ethos
|
Axis Direct
|
2828.90
|
2577.00
|
2258.85
(25.24%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a near-term TP of Rs 2577/share, implying an upside of 10% from the CMP.
|
|
04 May 2024
|
Ethos
|
Axis Direct
|
2828.90
|
2577.00
|
2343.60
(20.71%)
|
Target met |
Buy
|
|
|
We recommend a BUY rating on the stock with a near-term TP of Rs 2577/share, implying an upside of 10% from the CMP.
|
|
10 Apr 2024
|
Ethos
|
Hem Securities
|
2828.90
|
2960.00
|
2504.20
(12.97%)
|
Target met |
Buy
|
|
|
|
|
15 Feb 2024
|
Ethos
|
Axis Direct
|
2828.90
|
3100.00
|
2399.40
(17.90%)
|
Target met |
Buy
|
|
|
Recommendation With a 30% upside from the CMP, we maintain our long-term BUY rating on the stock.
|
|
16 Jan 2024
|
Ethos
|
Axis Direct
|
2828.90
|
3050.00
|
2400.25
(17.86%)
|
Target met |
Buy
|
|
|
We are thrilled to Initiate Coverage on Ethos Ltd. with a BUY rating. Our target price of Rs 3,050/share reflects an upside of 27% from the current market price.
|
|
17 Nov 2023
|
Ethos
|
Monarch Networth Capital Limited
|
2828.90
|
2380.00
|
2092.15
(35.21%)
|
Target met |
Buy
|
|
|
|
|
05 Dec 2022
|
Ethos
|
Monarch Networth Capital Limited
|
2828.90
|
1400.00
|
991.00
(185.46%)
|
Target met |
Buy
|
|
|
|
|
17 May 2022
|
Ethos
|
HDFC Securities
|
2828.90
|
|
|
Pre-Bonus/ Split |
IPO Note
|
|
|
Issue Snapshot: Issue Open: May 18 May 20, 2022 Price Band: Rs. 836 878 *Issue Size: Rs 472.28 cr (Fresh issue 375.0 cr + offer for sale of 11,08,037 eq sh) Reservation for: QIB upto 50% eq sh Non Institutional atleast 15% eq sh ((including 1/3rd for applications between Rs.2 lakhs to Rs.10 lakhs)) Retail atleast 35% eq sh Face Value: Rs 10 Book value: Rs 105.48 (Dec 31, 2021) Bid size: - 17 equity shares and in multiples thereof 100% Book built Issue Ethos Limited - IPO Note
|
|
17 May 2022
|
Ethos
|
ICICI Direct
|
2828.90
|
|
|
Pre-Bonus/ Split |
IPO Avoid
|
|
|
|