Ethos Ltd
Ethos Ltd (ETHOSLTD)

Ethos Ltd (ETHOSLTD)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-6.87 %
3 Month Return24.5 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 1
Rank 1
Rank 1
Dividend Yield
Rank 2
Rank 1
Price To Book Ratio
Rank 2
Debt To Asset
Rank 1

Company Information

Ethos Limited was originally incorporated as Kamla Retail Limited under the provisions of Companies Act 1956 at Parwanoo Himachal Pradesh pursuant to the Certificate of Incorporation dated November 5 2007. Subsequently name of the Company was changed to Ethos Limited pursuant to a Special Resolution passed by Shareholders of the Company on March 2 2012 and a Revised Certificate of Incorporation was issued by Registrar of Companies Himachal Pradesh on March 5 2012. The Company operates a chain of luxury watch boutiques. The business consists of trading of watches accessories and luxury items marketing and support services and rendering of related after sale services. The Company has the portfolio of premium and luxury watches in India enabling to retail 50 premium and luxury watch brands like Omega IWC Schaffhausen Jaeger LeCoultre Panerai Bvlgari H. Moser Cie Rado Longines Baume Mercier Oris SA Corum Carl F. Bucherer Tissot Raymond Weil Louis Moinet and Balmain. In addition to premium and luxury watch retail the Company undertake retail of certified preowned luxury watches under Certified PreOwned CPO luxury watch lounge located at New Delhi. The Company business is supported by state of the art service centre which is equipped with latest machinery imported from Switzerland. Its service centre has engaged horological engineers having experience at leading global watch brands. Expert watchmakers at the service centre have certifications from brands like Omega Tissot Longines Rado among other global brands with a minimum work experience of 10 years. Also the service centre has received authorizations from several leading global watch brands.In January 2003 first luxury retail watch store was opened at Chandigarh by Promoter KDDL Limited under the brand name ETHOS.In 2008 KDDL hived off its retail business to the Company to consolidate the business of luxury watch retail for better management. In 2009 the Company inaugurated the opening of retail shop at Indira Gandhi International Airport in New Delhi.In 2010 Mahen Boutiques Limited amalgamated into Kamla Retail Limited.In 2011 the Company launched its first clock boutique Ethos Westminster in India at UB City Bangalore.In 2018 the Company had 276000 registered members to its Club Echo. The loyalty programme Club Echo is a customer relationship management initiative for providing them with a rewarding experience in luxury retail category. Club Echo operates as a dynamic incentive scheme which provides benefits to repeat customers based on their cumulative purchasing over time.In 2019 the Company started preowned luxury watch retail business as its flagship store.In 2020 the Company had an extensive network of 50 retail stores locally spread across 17 cities of New Delhi Mumbai Bengaluru Hyderabad Chennai Kolkata Chandigarh Ahmedabad Jaipur Lucknow Gurgaon Guwahati Ludhiana Nagpur Noida Pune and Thane in India. 50 stores are categorized into 14 Ethos Summit Stores and one Airport store 15 multibrand outlets and 10 Ethos Boutiques both housing bridge to luxury and premium brands 9 luxury segment monobrand boutiques offering a single luxury watch brand and 1 CPO luxury watch lounge for preowned watches..In 2021 the Company introduced preowned watches and started dedicated service of Ethos Watch Care and collection centre in Delhi.
OrganisationEthos Ltd