Ethos Q2 FY26: Revenue ₹383.4 Cr, Operating margin 15.3%
Q2 FY26 investor presentation: what the company reported on revenue, margins and capex.
- Revenue
- ₹383Cr
- +29% YoY
- Net profit
- ₹24Cr
- +14.3% YoY
- Margin
- 12%
- −2 pp YoY
Guidance rank: #59 of 80 in Consumer Durables
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Ethos Ltd Q2 FY26 key numbers
- Revenue
- Q2FY26 Revenue from Operations: ₹383.4 Cr, up 29.0% YoY from ₹297.1 Cr in Q2FY25.
As stated in Ethos Ltd's Q2 FY26 investor presentation · published 25 Sept 2026. Reported figures, not investment advice.
Based on Ethos Ltd's Q2 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the investor presentation reports, not management guidance.
The short version
Q2FY26 Revenue from Operations: ₹383.4 Cr, up 29.0% YoY from ₹297.1 Cr in Q2FY25 (Pages 10, 11, 12, 13, 14, 15). Quarter EBITDA: Rs. 60.5 Cr in Q2FY26, up 25.5% YoY from Rs. 48.2 Cr in Q2FY25 (Page 11).
From Ethos Ltd's Q2 FY26 earnings-call transcript · updated 25 Sept 2026.
Revenue & Sales Performance
- Q2FY26 Revenue from Operations: ₹383.4 Cr, up 29.0% YoY from ₹297.1 Cr in Q2FY25 (Pages 10, 11, 12, 13, 14, 15)
- H1FY26 Revenue from Operations: ₹729.7 Cr, up 27.9% YoY from ₹570.4 Cr in H1FY25 (Pages 6, 10, 11, 12, 13, 14, 15)
- ASP (Average Selling Price) stood at ₹2.18 lac (Page 7)
- Total boutiques expanded from 73 (Mar'25) to 86 as on date (Page 7)
- Opened 16 Boutiques in H1FY26 (9 Exclusive, 7 Multi-Brand, 1 CPO, 2 Lifestyle) (Page 7)
- Billing from CPO (Second Movement) grew by 25% YoY (Page 7)
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Profitability & Margins
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Capital Expenditure Plans
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Top-ranked in Consumer Durables
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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Ethos Ltd — Quarterly revenue & net profit
Ethos Ltd Q2 FY26 results — key figures
| ₹ Cr | Q2 FY26 | Q2 FY25 | YoY | Q1 FY26 | QoQ |
|---|---|---|---|---|---|
| Revenue | 383 | 297 | +29% | 346 | +10.7% |
| Operating profit (EBITDA) | 48 | 42 | +14.3% | 45 | +6.7% |
| Operating margin | 12% | 14% | -2 pp | 13% | -1 pp |
| Profit before tax | 32 | 29 | +10.3% | 26 | +23.1% |
| Net profit (PAT) | 24 | 21 | +14.3% | 19 | +26.3% |
| EPS (₹) | 8.89 | 7.93 | +12.1% | 7.11 | +25% |
Source: reported quarterly figures (Screener), ₹ crore.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹414 Cr, net profit ₹23 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Ethos's management said in earlier quarters
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Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Ethos Ltd Q2 FY26 results?
Q2FY26 Revenue from Operations: ₹383.4 Cr, up 29.0% YoY from ₹297.1 Cr in Q2FY25 (Pages 10, 11, 12, 13, 14, 15). Quarter EBITDA: Rs. 60.5 Cr in Q2FY26, up 25.5% YoY from Rs. 48.2 Cr in Q2FY25 (Page 11).
What is Ethos Ltd share price analysis?
Ethos Ltd currently shows a neutral. The stock trades at a P/E of 67.4 with a market cap of ₹7,122 Cr. Investors should review the full earnings analysis for detailed insights.
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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.