Slide 1: Stock exchange covering letter for results presentation
Ref. no. : Ethos/Secretarial/2024-25/70 Dated: February 14, 2025 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Mumbai – 400 001 Bandra Kurla Complex, Bandra, Mumbai - 400 051 Scrip Code : 543532 Trading symbol : ETHOSLTD I
Slide 2: Ethos Limited Results Presentation Q3 & 9M FY25
ETHOS LIMITED Results Presentation Q3 & 9M FY25 | February’25 1
Slide 3: Safe Harbor
I Safe Harbor 2 This presentation and the accompanying slides (the “Presentation”), which has been prepared by Ethos Limited, a material subsidiary of KDDL Limited, solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securiti
Slide 4: Q3 & 9M FY25 Performance
Q3 & 9M FY25 Performance 3
Slide 5: Management Commentary
I Management Commentary 4 Commenting on the Results by Mr. Pranav Saboo – MD & CEO “We are pleased to report a 31.5% year-on-year revenue growth to INR 369.9 crore in Q3 FY25, compared to INR 281.2 crore in Q3 FY24. Similarly, for the nine- month period ending December 2024 (9M FY25), revenue grew b
Slide 6: Key Highlights – 3MFY25
I Key Highlights – 3MFY25 5 “Growing with Consistency” REVENUE EBITDA PAT Rs. 369.9 cr Rs. 62.8 cr Rs. 29.5 cr 31.5% YoY 23.6% YoY 15.6% YoY Added 3 Exclusive Opened 5 stores in SSG improved by 400 The share of The average Brands in Q3FY25, Q3FY25, increasing bps to 23.1% in luxury and high- selling
Slide 7: Financial Summary | Consolidated Performance Snapshot (Reported)
I Financial Summary | Consolidated Performance Snapshot (Reported) 6 All Figures in Rs. Crs. Revenue from operations EBITDA EBITDA Margin PAT +31.5% +23.6% +15.6% 369.9 62.8 17.7% 16.7% 29.5 50.8 25.5 Q3FY25 281.2 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Revenue from operations EBITDA
Slide 8: Financial Summary | Consolidated Performance Snapshot | Without IND AS 116
I Financial Summary | Consolidated Performance Snapshot | Without IND AS 116 7 All Figures in Rs. Crs. Revenue from operations EBITDA EBITDA Margin PBT +31.5% +23.2% +20.8% 369.9 49.0 43.6 Q3FY25 39.8 13.8% 13.1% 36.1 281.2 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Revenue from operati
Slide 9: Financial Summary | Consolidated Operational Highlights
I Financial Summary | Consolidated Operational Highlights 8 Total Billings Digitally assisted sale +31.4% +53.9% 431.0 146.4 Q3FY25 328.0 95.1 Q3FY24 Q3FY25 Q3FY24 Q3FY25 Total Billings Digitally assisted sale +25.9% +32.9% 1,095.1 355.1 869.8 267.2 9MFY25 9MFY24 9MFY25 9MFY24 9MFY25
Slide 10: Consolidated Reported Profit & Loss Statement
I Financial Summary | Consolidated Reported Profit & Loss Statement 9 Profit and Loss (in Rs. Crs) Q3FY25 Q3FY24 YoY Q2FY25 QoQ 9MFY25 9MFY24 YoY FY24 Revenue from Operations 369.9 281.2 31.5% 297.1 24.5% 940.3 746.5 26.0% 999.0 Other Income 5.8 6.2 6.1 18.3 15.2 23.6 Total Income 375.7 287.5 303.2
Slide 11: Consolidated Profit & Loss Statement | Without IND AS 116
I Financial Summary | Consolidated Reported Profit & Loss Statement | Without IND AS 116 10 Profit and Loss (in Rs. Crs) Q3FY25 Q3FY24 YoY Q2FY25 QoQ 9MFY25 9MFY24 YoY FY24 Revenue from Operations 369.9 281.2 31.5% 297.1 24.5% 940.3 746.5 26.0% 999.0 Other Income 5.2 6.2 6.1 17.7 15.1 21.0 Total Inc
Slide 12: Ethos is in unique position to leverage its large base of Luxury Customers
I Ethos is in unique position to leverage its large base of Luxury Customers 11 Creating engaging shopping experience over the years has enabled us to build a large Luxury Customer base Demand for our products is directly proportional to the number of HNIs Factors leading to surge in the demand for
Slide 13: Ethos Store Locations
I Ethos Store Locations 12 ETHOS WATCH BOUTIQUES Mohali Chandigarh Our Store Locations Ludhiana Dehradun Delhi / NCR • 73* stores across 26 cities in India, including Gurugram Noida Siliguri one duty free store at the Delhi Iinternational Jaipur Lucknow Guwahati Airport and Bengaluru International A
Slide 14: Stores Opened in Q3FY25 (Oct-Dec'24) – 5
Stores Opened in Q3FY25 (Oct-Dec’24) – 5 13
Slide 15: Bell & Ross Boutique, Mall of Asia - Bengaluru
II Bell & Ross Boutique, Mall of Asia - Bengaluru Bell & Ross Boutique - UG 28A, Phoenix Mall Of Asia, 239/240, Byatarayanapura, Yelahanka, Hobli, Yelahanka Taluk, Bellary Rd, Bengaluru, Karnataka - 560092 14
Slide 16: IWC Boutique, Mall of Asia - Bengaluru
II IWC Boutique, Mall of Asia - Bengaluru IWC Boutique - UG 58, Phoenix Mall Of Asia, 239/240, Byatarayanapura, Yelahanka, Hobli, Yelahanka Taluk, Bellary Road, Bengaluru, Karnataka - 560092 15
Slide 17: Summit, Tagore Garden - New Delhi
II Summit, Tagore Garden - New Delhi Unit No. SH/GF/25, Ground Floor, Pacific Mall, Najafgarh Road, Tagore Garden, Tilak Nagar, New Delhi, Delhi - 110018 16
Slide 18: QLOCKTWO UB City - Bengaluru
II QLOCKTWO UB City - Bengaluru Qlocktwo - Unit No. F-106, UB City, Vittal Mallya Road, Bengaluru, Karnataka- 560001 17
Slide 19: Store Details – Ethos Boutique at Kolkata
II Store Details – Ethos Boutique at Kolkata GF-S005, South City Mall, 375, Prince Anwar Shah Road, South City Complex, Jadavpur, Kolkata, West Bengal - 700068 18
Slide 20: Stores Opened in Q2FY25 (Jul-Sep'24) – 5
Stores Opened in Q2FY25 (Jul-Sep’24) – 5 19
Slide 21: Summit Boutique, Mall of Asia - Bengaluru
II Summit Boutique, Mall of Asia - Bengaluru UG 06, Phoenix Mall Of Asia, 239/240, Byatarayanapura, Hobli, Bellary Rd, Yelahanka, Bengaluru, Karnataka - 560092 20
Slide 22: Breitling Boutique, Mall of Asia - Bengaluru
II Breitling Boutique, Mall of Asia - Bengaluru Breitling Boutique - UG 07, Phoenix Mall Of Asia, 239/240, Byatarayanapura, Hobli, Bellary Rd, Yelahanka, Bengaluru, Karnataka - 560092 21
Slide 23: Summit Boutique - Mangaluru
II Summit Boutique - Mangaluru Ground Floor, Parin Complex, Collectors Gate, Balmatta, Mangaluru, Karnataka - 575002 22
Slide 24: Summit Boutique, T2 International Airport - Bengaluru
II Summit Boutique, T2 International Airport - Bengaluru Ground Floor, 3T54-05 Terminal 2, Kempegowda International Airport, Bengaluru, Karnataka - 560300 23
Slide 25: Hublot Boutique, Mall of Asia - Bengaluru
II Hublot Boutique, Mall of Asia - Bengaluru Hublot Boutique - UG 59, Phoenix Mall Of Asia, 239/240, Byatarayanapura, Yelahanka, Hobli, Yelahanka Taluk, Bellary Road, Bengaluru, Karnataka - 560092 24
Slide 26: Stores Opened in Q1FY25 (Apr-Jun'24) – 3
Stores Opened in Q1FY25 (Apr-Jun’24) – 3 25
Slide 27: Summit Boutique - Kochi
II Summit Boutique - Kochi Door No. 41, 148, By Pass Road, Next to Bhima Jewellers, Toll Junction, Edappally, Kochi, Kerala - 682024 26
Slide 28: Ethos Boutique - Dehradun
II Ethos Boutique - Dehradun Unit No. 23, Ground Floor, Pacific Mall, Rajpur Road, Dehradun, Uttarakhand - 248006 27
Slide 29: Ethos Boutique - Pune
II Ethos Boutique - Pune Shop No.- UG57, Phoenix Mall of the Millennium, Pune - Bangalore Highway, Shankar Kalat Nagar, Wakad, Pimpri-Chinchwad, Maharashtra, Pune - 411057 28
Slide 30: New Brand Added in Q3FY25 - 3
New Brand Added in Q3FY25 - 3 29
Slide 31: New Marquee Brand Exclusive Partnerships: Christiaan van der Klaauw
I New Marquee Brand Exclusive Partnerships 30 Launched Dutch Watch Brand Christian van der Klaauw Christian van der Klaauw is a prestigious Dutch watch brand renowned for its mastery of astronomical complications. Founded in 1974 by master watchmaker Christiaan van der Klaauw, the brand specialises
Slide 32: New Marquee Brand Exclusive Partnerships: Carl Suchy & Söhne
I New Marquee Brand Exclusive Partnerships 31 Signed Austrian Watch Brand Carl Suchy & Söhne Carl Suchy & Söhne is a historic Austrian watch brand with roots dating back to 1822. Known as the official watchmaker of the Habsburg court, the brand crafted elegant timepieces for European aristocracy. Af
Slide 33: New Marquee Brand Exclusive Partnerships: Zero Halliburton
I New Marquee Brand Exclusive Partnerships 32 Signed American Brand Zero Haliburton Zero Halliburton is an iconic American brand renowned for its premium aluminium luggage and cases. Founded in 1938, the brand gained fame for its durable, aerospace-inspired designs, originally created to withstand e
Slide 34: New Brand Added in Q2FY25 - 1
New Brand Added in Q2FY25 - 1 33
Slide 35: New Marquee Brand Exclusive Partnerships: HAUTLENCE
III New Marquee Brand Exclusive Partnerships 34 Launched Swiss Watch Brand HAUTLENCE HAUTLENCE – whose name itself is an anagram of Neuchâtel – pays tribute to the birthplace of the watchmaking art and is one of the original independents as we know them today. Currently located in the canton of Scha
Slide 36: New Brand Added in Q1FY25 - 2
New Brand Added in Q1FY25 - 2 35
Slide 37: New Marquee Brand Exclusive Partnerships: ID Geneve
III New Marquee Brand Exclusive Partnerships 36 Launched Swiss Watch Brand ID Geneve ID Geneve was started by three childhood friends in the year 2020 in Geneva, Switzerland. They are not a mere sustainable brand but the first 'Impact Native' luxury watch brand. The Circular 1 collection is the firs
Slide 38: New Marquee Brand Exclusive Partnerships: Singer Reimagined
III New Marquee Brand Exclusive Partnerships 37 Launched Swiss Watch Brand Singer Reimagined Singer Reimagined is an award-winning high-watchmaking company, based in Geneva. It is part of Singer Group, the Californian-based luxury brand that has become globally renowned for its bespoke restorations
Slide 39: For further information, please contact
For further information, please contact: Company : Investor Relation Advisors Ethos Ltd. Strategic Growth Advisors Pvt. Ltd. CIN : L52300HP2007PLC030800 CIN : U74140MH2010PTC204285 Mr. Munish Gupta – Chief Financial Officer Mr. Shogun Jain/ Mr. Mandar Chavan munish.gupta@ethoswatches.com +91 77383 7