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Ethos IPO is a Book Building listing on BSE,NSE exchange, with an ipo size of ₹ 472.29 Cr. The company is based in Parwanoo and caters to Retail sector. Emkay Global Financial Services , Incred Capital Financial Services are the merchant bankers of Ethos IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st January 2022.
Ethos IPO posted revenues of ₹ 572.47 crores and PAT of ₹ 21.32 crores in FY22 on annualised basis.
Revenue:
₹ 558.12 Cr.
EBITDA Margin:
13.45
% 
Net Worth: ₹ 198.04 Cr.
Market Capitalisation:
₹ 2050.06 Cr.
P/E:
96.00 times
P/BV: 3.06 times
EV/EBITDA: 27.66 times
Financial results of Ethos IPO based on restated financials as per prospectus and IPO review parameters can be referred to below.
| Financials | Dec-21 | FY21 | FY20 | FY19 | |
|---|---|---|---|---|---|
|
Balance Sheet
|
|||||
| Assets | 493.99 | 392.04 | 421.95 | 368.92 | |
| Net Worth | 198.04 | 155.59 | 149.85 | 130.38 | |
| Total Debt | 86.76 | 51.99 | 75.75 | 77.07 | |
|
Profit & Loss
|
|||||
Revenue
Revenue on annualised basis |
418.59
558.12 |
386.57 | 457.85 | 443.53 | |
EBITDA
EBITDA on annualised basis |
56.28
75.04 |
56.44 | 54.40 | 58.26 | |
PAT
PAT on annualised basis |
15.98
21.31 |
5.78 | -1.33 | 9.88 | |
Ethos IPO PAT Margin is 3.82 % , ROCE (Return on Capital Employed) is [●] % as per latest financial. The below table shows Ethos IPO Key Performance Indicators (KPI) as mentioned in company’s prospectus.
| Particulars | Dec-21 | FY21 | FY20 | FY19 |
|---|---|---|---|---|
| EBITDA Margin (%) | 13.45 | 14.60 | 11.88 | 13.14 |
| PAT Margin (%) | 3.82 | 1.50 | -0.29 | 2.23 |
| EPS (₹) | 8.74 | 3.18 | -0.75 | 5.22 |
| ROE (%) | 8.07 | 3.71 | -0.89 | 7.58 |
| ROCE (%) | [●] | [●] | [●] | [●] |
| ROA (%) | 3.23 | 1.47 | -0.32 | 2.68 |
| Debt to Equity | 0.44 | 0.33 | 0.51 | 0.59 |
The market Capitalisation of Ethos IPO is ₹ 2050.06 crores at the time of IPO and other IPO valuation metrics of this IPO is mentioned below.
The Ethos IPO prospectus highlights an Return on Equity (ROE) of 8.07 % , Return on Assets (ROA) of 3.23 %, and an EBITDA Margin of 13.45 %, showcasing financial performance.
Profitability ratios like Return on Equity (ROE), Return on Assets (ROA), and Net Profit Margin shows Ethos IPO financial report. Analysing these metrics can provide insights into the company’s efficiency, profitability, and long-term growth potential.
The post-IPO market capitalisation of Ethos IPO is ₹ 2050.06 Cr., based on the issue price and share structure. It helps investors gauge the company’s valuation and compare it with industry peers before investing.
The Ethos IPO has a Price-to-Earnings (PE) ratio of 96.00 X, indicating valuation compared to industry peers. It helps investors determine if the stock is overvalued or undervalued compared to its earnings and industry peers.
Ethos IPO reported revenue of ₹ 572.47 Cr. in the latest fiscal year, showing business performance, on annualised basis. Revenue figures from Ethos IPO provide insights into sales growth, market demand, and business scalability.
Ethos recorded an EBITDA of ₹ 75.04 Cr., reflecting operational efficiency. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) measures operational profitability.
Ethos Profit After Tax (PAT) is ₹ 21.31 Cr., reflecting earnings growth. Profit After Tax (PAT) reflects the company’s actual earnings after all expenses, taxes, and deductions
Revenue:
₹ 558.12 Cr.
EBITDA Margin:
13.45
%
Net Worth: ₹ 198.04 Cr.
Market Capitalisation:
₹ 2050.06 Cr.
P/E:
96.00 times
P/BV: 3.06 times
EV/EBITDA: 27.66 times
Ethos operates in Retail and Luxury And Premium Watch Retail. The Issue is listed on BSE,NSE in May, 2022. Ethos IPO size was 472.29 with Issue price of 878.00 .
Merchant Banker(s) of Ethos IPO: Emkay Global Financial Services Limited , Incred Capital Financial Services Private Limited
Ethos IPO subscription was 1.04 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Ethos IPO listed at a listing price of 802.60 against the offer price of 878.00.
The current market price of Ethos is 2672.40.
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