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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

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

22.81 lacs (-18.29%) Volume

Shareholding (Mar 2025)

FII

11.81%

Held by 88 FIIs

DII

6.92%

Held by 30 DIIs

Promoter

33.46%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
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

3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

42.17% of Promoter Shares are Pledged

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Airlines

stock-summary
Market cap

INR 5,709 Cr (Mid Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.98

stock-summary
Return on Equity

18.14%

stock-summary
Price to Book

-2.17

Revenue and Profits (1 Year):
Net Sales:
1,237 Cr
(Quarterly Results - Dec 2024)
Net Profit:
20 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-33.82%
0%
-33.82%
1 Year
-35.92%
0%
-35.92%
2 Years
39.29%
0%
39.29%
3 Years
-24.01%
0%
-24.01%
4 Years
-37.37%
0%
-37.37%
5 Years
-5.05%
0%
-5.05%

SpiceJet for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
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
Valuation key factors
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
Tecnicals 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-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Mar 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

42.1686

Mutual Funds

Held by 7 Schemes (2.53%)

FIIs

Held by 88 FIIs (11.81%)

Promoter with highest holding

Ajay Singh (18.54%)

Highest Public shareholder

Plutus Wealth Management Llp (2.71%)

Individual Investors Holdings

30.79%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 35.22% vs -46.44% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 104.46% vs -389.22% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,237.04",
          "val2": "914.85",
          "chgp": "35.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-187.68",
          "val2": "-375.59",
          "chgp": "50.03%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "60.74",
          "val2": "88.41",
          "chgp": "-31.30%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "20.44",
          "val2": "-457.87",
          "chgp": "104.46%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-15.92%",
          "val2": "-44.04%",
          "chgp": "28.12%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -23.58% vs -22.20% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -19.19% vs 84.46% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2,623.09",
          "val2": "3,432.43",
          "chgp": "-23.58%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-326.72",
          "val2": "-177.92",
          "chgp": "-83.63%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "176.32",
          "val2": "237.15",
          "chgp": "-25.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-299.56",
          "val2": "-251.34",
          "chgp": "-19.19%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-13.07%",
          "val2": "-5.45%",
          "chgp": "-7.62%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -27.81% vs -20.53% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 49.25% vs 63.50% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,860.13",
          "val2": "5,346.93",
          "chgp": "-27.81%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-514.40",
          "val2": "-408.83",
          "chgp": "-25.82%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "237.06",
          "val2": "363.60",
          "chgp": "-34.80%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-279.12",
          "val2": "-549.97",
          "chgp": "49.25%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-13.33%",
          "val2": "-7.65%",
          "chgp": "-5.68%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -20.15% vs 34.38% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 72.05% vs 13.26% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,085.30",
          "val2": "8,873.59",
          "chgp": "-20.15%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-643.84",
          "val2": "-1,005.93",
          "chgp": "36.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "465.49",
          "val2": "507.76",
          "chgp": "-8.32%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-422.83",
          "val2": "-1,512.77",
          "chgp": "72.05%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-9.50%",
          "val2": "-11.73%",
          "chgp": "2.23%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,237.04
914.85
35.22%
Operating Profit (PBDIT) excl Other Income
-187.68
-375.59
50.03%
Interest
60.74
88.41
-31.30%
Exceptional Items
0.00
0.00
Consolidate Net Profit
20.44
-457.87
104.46%
Operating Profit Margin (Excl OI)
-15.92%
-44.04%
28.12%
Values in Rs Cr.
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 35.22% vs -46.44% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 104.46% vs -389.22% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
2,623.09
3,432.43
-23.58%
Operating Profit (PBDIT) excl Other Income
-326.72
-177.92
-83.63%
Interest
176.32
237.15
-25.65%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-299.56
-251.34
-19.19%
Operating Profit Margin (Excl OI)
-13.07%
-5.45%
-7.62%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -23.58% vs -22.20% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -19.19% vs 84.46% in Sep 2023

Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3,860.13
5,346.93
-27.81%
Operating Profit (PBDIT) excl Other Income
-514.40
-408.83
-25.82%
Interest
237.06
363.60
-34.80%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-279.12
-549.97
49.25%
Operating Profit Margin (Excl OI)
-13.33%
-7.65%
-5.68%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -27.81% vs -20.53% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 49.25% vs 63.50% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
7,085.30
8,873.59
-20.15%
Operating Profit (PBDIT) excl Other Income
-643.84
-1,005.93
36.00%
Interest
465.49
507.76
-8.32%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-422.83
-1,512.77
72.05%
Operating Profit Margin (Excl OI)
-9.50%
-11.73%
2.23%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -20.15% vs 34.38% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 72.05% vs 13.26% in Mar 2023

stock-summaryCompany CV
About SpiceJet Ltd stock-summary
stock-summary
SpiceJet Ltd
Mid Cap
Airlines
SpiceJet Limited was formerly incorporated on February 9, 1984 with the name of Royal Airways Limited. The Company changed the name from Royal Airways Limited to SpiceJet Limited effective from May 4, 2005. The Company is a low cost carrier (LCC), engaged in providing air transport services for carriage of passengers and cargo. In 1993, the company ventured into domestic aviation operations under technical partnership with Deutsche Lufthansa AG.
Company Coordinates stock-summary
Company Details
Indira Gandhi Intl Airport, Terminal 1 D New Delhi New Delhi : 110037
stock-summary
Tel: 91-124-3913939
stock-summary
investors@spicejet.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad