WEBSITE BSE:500285 NSE: SPICEJET LTD Inc. Year: 1984 Industry: Airlines My Bucket: Add Stock
Last updated: 11:36
Spicejet Ltd is an India-based organization engaged in transportation of passengers by air. The Company is engaged within the enterprise of scheduled air transport services. Its geographical segments consist of India and others. It presents air transport services for the carriage of passengers and load. The Company is a low cost carrier (LCC) operating below the brand name of Spice Jet in India. The Company operates a fleet of approximately 40 plane, along with approximately seven aircraft taken on wet lease across various routes in India and o...Read More
Spicejet Ltd is an India-based organization engaged in transportation of passengers by air. The Company is engaged within the enterprise of scheduled air transport services. Its geographical segments consist of India and others. It presents air transport services for the carriage of passengers and load. The Company is a low cost carrier (LCC) operating below the brand name of Spice Jet in India. The Company operates a fleet of approximately 40 plane, along with approximately seven aircraft taken on wet lease across various routes in India and overseas. The Company's spice add-on consists of spice cash/spice club, SpiceMax, hot meals, SpiceCash Top-up, priority check-in, Spice talk, track Spicetalk request, bag out first, carry more onboard, fly for sure, Spice lounge, my flexi plan, reliance tour coverage, Spice assurance, Spice flex, friends and family, senior citizen and student discount, Indian defense force personnel and red hot offers. ...Read Less
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Market Cap ₹2216 Cr.
Stock P/E 35.8
P/B -0.7
Current Price ₹14.5
Book Value ₹ -20
Face Value 10
52W High ₹56.8
Dividend Yield 0%
52W Low ₹ 9.5
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1429 | 1914 | 1738 | 1708 | 915 | 1237 | 1466 | 1120 | 792 | 1408 |
| Other Income | 297 | 242 | 636 | 375 | 163 | 417 | 492 | 86 | 43 | 137 |
| Total Income | 1726 | 2157 | 2375 | 2083 | 1078 | 1654 | 1958 | 1206 | 835 | 1545 |
| Total Expenditure | 1872 | 2145 | 1973 | 1665 | 1290 | 1425 | 1393 | 1207 | 1228 | 1589 |
| Operating Profit | -146 | 11 | 401 | 418 | -212 | 230 | 566 | -1 | -393 | -44 |
| Interest | 114 | 126 | 102 | 88 | 88 | 61 | 57 | 63 | 54 | 52 |
| Depreciation | 189 | 184 | 173 | 172 | 158 | 148 | 166 | 170 | 175 | 146 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20 |
| Profit Before Tax | -449 | -299 | 127 | 158 | -458 | 20 | 342 | -234 | -621 | -262 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -449 | -299 | 127 | 158 | -458 | 20 | 342 | -234 | -621 | -262 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -449 | -299 | 127 | 158 | -458 | 20 | 342 | -234 | -621 | -261 |
| Adjusted Earnings Per Share | -6.6 | -4.4 | 1.6 | 2 | -3.6 | 0.2 | 2.4 | -1.7 | -4.4 | -1.7 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 5088 | 6191 | 7760 | 9121 | 12375 | 5171 | 6604 | 8874 | 7085 | 5326 | 4786 |
| Other Income | 152 | 112 | 129 | 145 | 831 | 1051 | 1027 | 1023 | 1439 | 1443 | 758 |
| Total Income | 5240 | 6303 | 7889 | 9266 | 13205 | 6222 | 7631 | 9897 | 8524 | 6768 | 5544 |
| Total Expenditure | 4515 | 5621 | 6979 | 9085 | 11826 | 5199 | 7502 | 9858 | 7712 | 5754 | 5417 |
| Operating Profit | 725 | 682 | 911 | 181 | 1380 | 1023 | 129 | 39 | 812 | 1014 | 128 |
| Interest | 159 | 95 | 122 | 164 | 581 | 491 | 502 | 530 | 483 | 307 | 226 |
| Depreciation | 180 | 199 | 231 | 256 | 1735 | 1561 | 1293 | 1023 | 753 | 645 | 657 |
| Exceptional Income / Expenses | 64 | 39 | 0 | -63 | 0 | 0 | -77 | 0 | 0 | 0 | -20 |
| Profit Before Tax | 450 | 427 | 557 | -302 | -937 | -1030 | -1744 | -1513 | -424 | 62 | -775 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 450 | 427 | 557 | -302 | -937 | -1030 | -1744 | -1513 | -424 | 62 | -775 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 |
| Profit After Adjustments | 450 | 427 | 557 | -302 | -937 | -1030 | -1744 | -1513 | -423 | 63 | -774 |
| Adjusted Earnings Per Share | 7.5 | 7.1 | 9.3 | -5 | -15.6 | -17.1 | -29 | -25.1 | -5.4 | 0.4 | -5.4 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -25% | -7% | -16% | 0% |
| Operating Profit CAGR | 25% | 99% | -6% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -73% | -23% | -25% | -14% |
| ROE Average | 0% | 0% | 0% | 0% |
| ROCE Average | 0% | 0% | 0% | 27% |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | -1039 | -613 | -56 | -350 | -1580 | -2604 | -4340 | -5850 | -5217 | -1942 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -1 | -2 |
| Borrowings | 921 | 776 | 651 | 557 | 459 | 303 | 313 | 466 | 892 | 682 |
| Other Non-Current Liabilities | 339 | 357 | 327 | 967 | 7441 | 5883 | 4969 | 3151 | 1699 | 1185 |
| Total Current Liabilities | 2625 | 2470 | 3098 | 3631 | 6540 | 7771 | 8613 | 10004 | 9099 | 6672 |
| Total Liabilities | 2847 | 2991 | 4019 | 4805 | 12861 | 11352 | 9555 | 7771 | 6472 | 6594 |
| Fixed Assets | 1628 | 1620 | 1598 | 1626 | 8714 | 7033 | 5569 | 4006 | 2571 | 2111 |
| Other Non-Current Assets | 539 | 659 | 1480 | 1797 | 1933 | 1733 | 1819 | 1623 | 1391 | 1754 |
| Total Current Assets | 680 | 711 | 941 | 1381 | 2214 | 2586 | 2166 | 2141 | 2510 | 2729 |
| Total Assets | 2847 | 2991 | 4019 | 4805 | 12861 | 11352 | 9555 | 7771 | 6472 | 6594 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 18 | 76 | 20 | 120 | 67 | 30 | 33 | 11 | 34 | 203 |
| Cash Flow from Operating Activities | 711 | 479 | 1036 | 456 | 1784 | 228 | 1004 | 120 | -596 | -1689 |
| Cash Flow from Investing Activities | -275 | -493 | -825 | -144 | -166 | 212 | -149 | 512 | 36 | -643 |
| Cash Flow from Financing Activities | -379 | -43 | -110 | -364 | -1660 | -437 | -878 | -610 | 730 | 2168 |
| Net Cash Inflow / Outflow | 58 | -57 | 100 | -52 | -41 | 4 | -23 | 22 | 170 | -164 |
| Closing Cash & Cash Equivalent | 76 | 20 | 120 | 67 | 30 | 33 | 11 | 34 | 203 | 39 |
| # | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 7.5 | 7.13 | 9.3 | -5.04 | -15.61 | -17.14 | -28.98 | -25.14 | -5.4 | 0.44 |
| CEPS(Rs) | 10.5 | 10.44 | 13.15 | -0.77 | 13.31 | 8.84 | -7.49 | -8.15 | 4.2 | 5 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | -17.34 | -10.22 | -0.95 | -5.94 | -26.56 | -43.47 | -72.19 | -97.3 | -69.71 | -14.67 |
| Core EBITDA Margin(%) | 11.26 | 9.22 | 10.07 | 0.4 | 4.44 | -0.54 | -13.61 | -11.09 | -8.85 | -8.05 |
| EBIT Margin(%) | 11.97 | 8.44 | 8.75 | -1.52 | -2.88 | -10.41 | -18.81 | -11.08 | 0.83 | 6.93 |
| Pre Tax Margin(%) | 8.84 | 6.9 | 7.18 | -3.32 | -7.57 | -19.91 | -26.41 | -17.05 | -5.98 | 1.16 |
| PAT Margin (%) | 8.84 | 6.9 | 7.18 | -3.32 | -7.57 | -19.91 | -26.41 | -17.05 | -5.98 | 1.16 |
| Cash Profit Margin (%) | 12.37 | 10.11 | 10.16 | -0.5 | 6.46 | 10.27 | -6.83 | -5.52 | 4.65 | 13.27 |
| ROA(%) | 15.8 | 14.64 | 15.9 | -6.85 | -10.6 | -8.51 | -16.69 | -17.47 | -5.95 | 0.95 |
| ROE(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ROCE(%) | 319.11 | 142.4 | 75.9 | -13.83 | -257.72 | 0 | 0 | 0 | 0 | 0 |
| Receivable days | 3.11 | 3.1 | 3.47 | 4.66 | 6.5 | 21.7 | 15.87 | 8.5 | 8.19 | 9.67 |
| Inventory Days | 4.77 | 4.87 | 5.65 | 5.67 | 4.76 | 12.31 | 8.79 | 6.45 | 8.62 | 11.99 |
| Payable days | 0 | 0 | 0 | 0 | 3023.4 | 7453.68 | 8350.62 | 0 | 0 | 0 |
| PER(x) | 8.52 | 14.27 | 13.46 | 0 | 0 | 0 | 0 | 0 | 0 | 99.84 |
| Price/Book(x) | -3.69 | -9.95 | -131.11 | -16.46 | -1.39 | -1.6 | -0.75 | -0.31 | -0.86 | -3.02 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.97 | 1.16 | 1.12 | 0.76 | 0.26 | 1.01 | 0.65 | 0.34 | 0.8 | 1.29 |
| EV/Core EBITDA(x) | 6.84 | 10.53 | 9.51 | 38.07 | 2.37 | 5.09 | 33.36 | 75.53 | 6.95 | 6.8 |
| Net Sales Growth(%) | 0 | 21.68 | 25.34 | 17.54 | 35.66 | -58.21 | 27.69 | 34.38 | -20.15 | -24.83 |
| EBIT Growth(%) | 0 | -14.2 | 30.02 | -120.43 | -156.39 | -51.33 | -130.73 | 20.84 | 105.98 | 527.97 |
| PAT Growth(%) | 0 | -5.02 | 30.43 | -154.27 | -209.7 | -9.96 | -69.37 | 13.26 | 71.99 | 114.62 |
| EPS Growth(%) | 0 | -5.02 | 30.43 | -154.25 | -209.51 | -9.81 | -69.1 | 13.27 | 78.53 | 108.23 |
| Debt/Equity(x) | -1.18 | -1.89 | -22.77 | -3.12 | -0.69 | -0.41 | -0.25 | -0.2 | -0.21 | -0.43 |
| Current Ratio(x) | 0.26 | 0.29 | 0.3 | 0.38 | 0.34 | 0.33 | 0.25 | 0.21 | 0.28 | 0.41 |
| Quick Ratio(x) | 0.23 | 0.25 | 0.26 | 0.34 | 0.31 | 0.31 | 0.23 | 0.2 | 0.26 | 0.38 |
| Interest Cover(x) | 3.83 | 5.49 | 5.57 | -0.85 | -0.61 | -1.1 | -2.47 | -1.86 | 0.12 | 1.2 |
| Total Debt/Mcap(x) | 0.32 | 0.19 | 0.17 | 0.19 | 0.5 | 0.26 | 0.33 | 0.65 | 0.25 | 0.14 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 55.28 | 48.27 | 47.66 | 29.13 | 29.13 | 33.46 | 33.46 | 33.45 | 30.99 | 24.19 |
| FII | 0.31 | 1.71 | 1.8 | 22.86 | 15.75 | 11.84 | 11.78 | 7.94 | 4 | 1.97 |
| DII | 0.05 | 5.31 | 5.06 | 8.38 | 7.55 | 6.92 | 6.27 | 5.36 | 5.2 | 2.2 |
| Public | 44.36 | 44.71 | 45.48 | 39.63 | 47.57 | 47.78 | 48.5 | 53.25 | 59.82 | 71.63 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 37.83 | 37.82 | 37.82 | 37.34 | 37.34 | 47.29 | 47.29 | 47.29 | 47.29 | 36.92 |
| FII | 0.21 | 1.34 | 1.43 | 29.3 | 20.19 | 16.73 | 16.65 | 11.23 | 6.1 | 3.01 |
| DII | 0.03 | 4.16 | 4.01 | 10.74 | 9.68 | 9.78 | 8.86 | 7.57 | 7.93 | 3.36 |
| Public | 30.35 | 35.02 | 36.08 | 50.8 | 60.96 | 67.54 | 68.54 | 75.27 | 91.29 | 109.32 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 68.43 | 78.34 | 79.34 | 128.17 | 128.17 | 141.34 | 141.34 | 141.35 | 152.61 | 152.61 |
* The pros and cons are machine generated.
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