down arrow

SpiceJet

  • Market Cap: Mid Cap
  • Industry: Airlines
  • ISIN: INE285B01017
  • NSEID: SPICEJET
  • BSEID: 500285
INR
44.53
0.66 (1.5%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 22.81 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Comparison
Company
Score
Quality
Valuation
Financial
Technical
Interglobe Aviat
Global Vectra
SpiceJet
Why is SpiceJet Ltd ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
  • Poor long term growth as Net Sales has grown by an annual rate of -14.01% and Operating profit at 0% over the last 5 years
  • High Debt Company with a Debt to Equity ratio (avg) at 0 times
2
The company has declared negative results in Dec'2024 after 1 consecutive positive quarters
  • NET SALES(9M) At Rs 3,860.13 cr has Grown at -27.81%
  • PAT(9M) At Rs -279.12 cr has Grown at -27.81%
  • NON-OPERATING INCOME(Q) is 2,058.16 % of Profit Before Tax (PBT)
3
Stock is technically in a Bearish range
  • The technical trend has deteriorated from Mildly Bearish on 24-Mar-25 and has generated -5.56% returns since then
  • Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Risky - Negative EBITDA
  • The stock is trading risky as compared to its average historical valuations
  • Over the past year, while the stock has generated a return of -35.95%, its profits have risen by 72.7%
5
42.17% of Promoter Shares are Pledged
  • In falling markets, high promoter pledged shares puts additional downward pressure on the stock prices
  • The proportion of pledged holdings has increased by 1.87% over the last quarter
stock-recommendationReal-Time Research Report
Verdict Report
How much should you sell?
  1. All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Airlines)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is SpiceJet for you?

High Risk, Low Return

Absolute
Risk Adjusted
Volatility
SpiceJet
-35.92%
-0.65
55.55%
SENSEX
0.45%
0.03
14.48%
stock-recommendationQuality
stock-summaryManagement Risk
stock-summaryGrowth
stock-summaryCapital Structure
stock-recommendation
Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors
Factor
Value
Sales Growth (5y)
-14.01%
EBIT Growth (5y)
-221.34%
EBIT to Interest (avg)
0
Debt to EBITDA (avg)
28.07
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
Tax Ratio is Negative%
Dividend Payout Ratio
0
Pledged Shares
42.17%
Institutional Holding
18.73%
ROCE (avg)
652.64%
ROE (avg)
0
stock-recommendationValuation
Valuation Scorecard stock-summary
stock-recommendation
Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors stock-summary
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
33
Price to Book Value
-2.17
EV to EBIT
-5.84
EV to EBITDA
-10.91
EV to Capital Employed
-194.12
EV to Sales
1.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Loading Valuation Snapshot...
stock-recommendationTechnicals
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bullish
OBV
No Trend
No Trend
stock-recommendation Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
Technical Movement
Analyse All Technical Factors stock-recommendation
stock-recommendationFinancial Trend
Financial Trend Scorecard stock-summary
stock-recommendation
Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

3What is working for the Company
PAT(Q)

At Rs 20.44 cr has Grown at 117.4% (vs previous 4Q average

-12What is not working for the Company
NET SALES(9M)

At Rs 3,860.13 cr has Grown at -27.81%

PAT(9M)

At Rs -279.12 cr has Grown at -27.81%

NON-OPERATING INCOME(Q)

is 2,058.16 % of Profit Before Tax (PBT

Loading Valuation Snapshot...
Here's what is working for SpiceJet
Profit After Tax (PAT) - Quarterly
At Rs 20.44 cr has Grown at 117.4% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -117.76 Cr
MOJO Watch
Near term PAT trend is very positive

PAT (Rs Cr)

Here's what is not working for SpiceJet
Net Sales - Quarterly
At Rs 1,237.04 cr has Fallen at -21.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 1,569.00 Cr
MOJO Watch
Near term sales trend is very negative

Net Sales (Rs Cr)

Non Operating Income - Quarterly
is 2,058.16 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model

Non Operating Income to PBT

Stock List
ABCDEFGHIJKLMNOPQRSTUVWXYZOther
Footer Logo
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
Market
Webinars
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."