Ethos Limited — PPTs, 12-05-2026: Investor Presentation

Ethos delivered robust FY26 consolidated revenues of ₹1,612.2 crore, marking a 28.8% YoY jump, primarily driven by strong demand and premiumisation in luxury timepieces and lifestyle. Q4 revenues surged 33.3%.

The company's strategy zeroes in on network expansion, productivity, and stronger brand partnerships. Ethos grew its footprint from 73 to 98 boutiques across 32 cities, breaking into six new markets. Management aims for a tenfold revenue increase in the next decade.

Key developments include adding Messika and expanding Rimowa boutiques, strengthening the lifestyle segment. Four exclusive new brands also joined the portfolio. Margins faced headwinds from Swiss Franc volatility (₹18.7 crore impact) and a one-time ₹1.8 crore gratuity charge.

FY26 consolidated EBITDA rose 18.5% to ₹254.0 crore. Profit after minority interest saw a slight 1.5% decrease to ₹94.8 crore, largely due to these margin pressures. Impressive Same Store Sales Growth (SSSG) stood at 14.2%.