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Ethos
Q3FY24 –Performance – Good Nos.👍🔥 -Topline & bottomline Strong💥💫 -EBITDA margin improved by 90 bps👌 -EBITDA up by 29% in YoY -Forwarded PE: 62 (Good as per Industry benchmark) -India’s largest luxury and premium watch retail player. -Already launched 6 new brands in FY24. ❤️😍 YoY Rev at 281Cr vs 230Cr⬆️22.3% QoQ Rev at 281Cr Vs 235Cr⬆️19.5% 9M ended Rev: 747Cr Vs. 581Cr⬆️28.7% YoY PAT at 25.5Cr vs 20.6Cr ⬆️23.3% QoQ PAT at 25.5Cr Vs 18.6Cr⬆️37.2% 9M ended PAT: 62Cr Vs. 47Cr⬆️31.5% Q4EPS at 10.8 Rs vs 9.5 Rs Vs. 7.9 9M ended EPS: 26.4 Vs. 21.7