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Spicejet Ltd

SPICEJET Share Price

39.300.18% (+0.07)
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With a market cap of ₹5,544 cr, stock is ranked 756

Stock is 4.03x as volatile as Nifty

SPICEJET Stock Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Avg

The stock has a moderate number of red flags

How to use scorecard? Learn more

With a market cap of ₹5,544 cr, stock is ranked 756

Stock is 4.03x as volatile as Nifty

SPICEJET Performance & Key Metrics

SPICEJET Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
88.32-1.06
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
38.716.430.58%

SPICEJET Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
0%
Analysts have suggested that investors can buy this stock

from 2 analysts

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

SPICEJET Company Profile

Spicejet is engaged in transportation of passengers by air

SPICEJET Similar Stocks (Peers)

Compare with peers Compare with peers 

SPICEJET Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
31.68
31.68
1Y Return
31.22%
31.22%
Buy Reco %
87.50
87.50
PE Ratio
41.76
41.76
1Y Return
296.43%
296.43%
Buy Reco %
0.00
0.00
PE Ratio
-553.62
-553.62
1Y Return
15.79%
15.79%
Buy Reco %
0.00
0.00
Compare with Peers

SPICEJET Forecast

SPICEJET Forecasts

Price

Revenue

Earnings

SPICEJET

SPICEJET

Income

Balance Sheet

Cash Flow

SPICEJET Income Statement

SPICEJET Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -12.51%, vs industry avg of 12.4%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 25.23% to 7.38%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue6,341.747,889.379,266.2613,205.105,998.337,630.549,897.078,524.046,768.266,768.26
Raw Materialssubtract11.589.160.3912.6894.8494.4099.7373.115,767.075,767.07
Power & Fuel Costsubtract1,861.462,441.313,456.304,630.241,539.602,956.304,782.872,996.10
Employee Costsubtract673.82861.691,058.421,463.59685.28734.99880.01820.86
Selling & Administrative Expensessubtract457.92483.75561.69741.83443.94496.41648.70797.20
Operating & Other expensessubtract2,644.953,211.594,101.855,011.452,220.583,312.653,467.183,040.31
Depreciation/Amortizationsubtract198.61231.32256.351,735.381,561.191,293.341,022.74753.12644.79644.78
Interest & Other Itemssubtract66.1893.35133.64546.50482.78486.73508.79467.05294.47294.47
Taxes & Other Itemssubtract0.000.000.030.000.00-0.19-0.18-0.89-0.84-0.84
EPS14.259.30-5.04-15.61-17.15-29.00-25.14-6.100.590.80
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

SPICEJET Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2024FY 2024

Annual report

PDF
FY 2023FY 2023

Annual report

PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
 

SPICEJET Stock Peers

SPICEJET Past Performance & Peer Comparison

SPICEJET Past Performance & Peer Comparison

Comparing 3 stocks from 
IndustrialsAirlines

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Spicejet Ltd88.33-1.06
Interglobe Aviation Ltd31.68115.200.17%
AFCOM Holdings Ltd41.7619.58
Global Vectra Helicorp Ltd-553.6216.50

SPICEJET Stock Price Comparison

Compare SPICEJET with any stock or ETF
Compare SPICEJET with any stock or ETF
SPICEJET
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SPICEJET Holdings

SPICEJET Shareholdings

SPICEJET Promoter Holdings Trend

SPICEJET Promoter Holdings Trend

Increased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has increased by 4.33%

High Pledged Promoter Holding
Lower pledged promoter holdings is considered better

A significant proportion of promoter holdings is pledged

SPICEJET Institutional Holdings Trend

SPICEJET Institutional Holdings Trend

Decreased Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 1.51%

Decreased Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has decreased by 3.91%

Tickertape Separator

SPICEJET Shareholding Pattern

SPICEJET Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding33.46%2.53%4.38%11.85%47.78%

Jun 2024

Sep 2024

Dec 2024

Mar 2025

SPICEJET Shareholding History

SPICEJET Shareholding History

FebMarJunSepDec '24Mar6.22%1.72%1.81%22.87%15.76%11.85%

Mutual Funds Invested in SPICEJET

Mutual Funds Invested in SPICEJET

No mutual funds holding trends are available

Top 5 Mutual Funds holding Spicejet Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
0.9165%0.39%-0.18%125/210 (-6)
0.4643%1.47%-0.37%48/83 (-3)
0.2902%0.54%-0.12%77/81 (-9)

Compare 3-month MF holding change on Screener

SPICEJET Insider Trades & Bulk Stock Deals

SPICEJET Insider Trades & Bulk Stock Deals

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smallcases containing SPICEJET stock

smallcases containing SPICEJET stock

Looks like this stock is not in any smallcase yet.

SPICEJET Events

SPICEJET Events

SPICEJET Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SPICEJET has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

SPICEJET Dividend Trend

No Dividends
Dividends are the portion of earnings that a company distributes to all its shareholders every year

SPICEJET has not given any dividends in last 5 years

SPICEJET Dividends

SPICEJET Dividends

Hmm, looks like data is unavailable here. Please come back after some time

SPICEJET Stock News & Opinions

SPICEJET Stock News & Opinions

Corporate
SpiceJet receives two of its overhauled engines from StandardAero

SpiceJet announced that in a significant step towards revitalising its fleet and enhancing operational efficiency, SpiceJet'has'received'the'first'two'of'its'overhauled'engines'from'global'MRO'provider'StandardAero.'These'include'a'CFM'LEAP-1B'engine'that'powers'the'Boeing'737'MAX,'overhauled'at'StandardAero'fs'Houston,'USA'facility,'and'one'Q400'engine,'received'from'StandardAero'fs'Singapore'facility. The'airline'has'also'successfully'ungrounded'another'Boeing'737'NG'aircraft,'which'returned'to'active'service'last'month,'reinforcing'SpiceJet'fs'commitment'to'restoring'fleet' capacity'in'a'structured'and'phased'manner.' As'part'of'its'broader'fleet'revival'plan,'a'total'of'17'engines'were'sent'for'overhaul.'With' the'receipt'of'the'first'two'engines,'SpiceJet'expects'a'steady'flow'of'additional'engines'in' the'coming'months.' Six'CFM'LEAP']1B'engines'were'sent'to'StandardAero'fs'Houston'facility,'while'seven' Q400'engines'had'been'sent'to'its'Singapore'facility.'Additionally,'four'engines'have'been' sent'to'Carlyle'Aviation'to'support'the'revival'of'grounded'Boeing'737'NG'aircraft.'Powered by Capital Market - Live

2 weeks agoCapital Market - Live
Corporate
SpiceJet receives ratings action from CRISIL

On 24 June 2025, CRISIL Ratings has published an update stating 'CRISIL D - Issuer Not Cooperating'. We would like to clarify that this does not reflect the current credit standing of the company. As on date, SpiceJet (the company) is rated CARE BB-; Stable / CARE A4 by CARE Ratings, which remains valid. This rating highlights the company's adequate liquidity position and anticipates an operational turnaround supported by recent fundraises and the promoter's long-standing experience in the industry. The Company also maintains a consistent track record of efficiently utilizing its operational fleet. It may also be noted that the CRISIL rating was linked only to a non-fund-based facility of ₹220 crore from Indian Bank, which has since been substantially reduced to Rs 9.02 crore as of March 31, 2025. The facility no longer holds material significance in the Company's overall banking exposure. We reaffirm that the company continues to maintain its credit discipline and positive banking relationships.Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Spotlight
Spicejet gains as Q4 PAT zooms 173% YoY to Rs 325 cr

However, revenue from operations fell 13.4% year on year to Rs 1,360.87 crore in the fourth quarter of FY25. EBITDA stood at Rs 526.20 crore in Q4 FY25, up 36.10% as against Rs 386.60 posted in Q4 FY24. The company EBITDAR of Rs 689.90 crore in the fourth quarter of FY25, up 11.83% year on year. Total passenger revenue per available seat kilometer (RASK) stands at Rs 5.32. Passenger Load Factor (PLF) stood at an impressive 88.1%. In Q4 FY25, the Promoter Group of SpiceJet completed an equity infusion of Rs 500 crore, including the final tranche of Rs 294.09 crore during the quarter. As part of its summer 2025 schedule, the airline launched 24 new domestic flights and expanded its network by adding three new destinations-Tuticorin, Porbandar, and Dehradun. Additionally, SpiceJet successfully renewed its prestigious IATA Operational Safety Audit (IOSA) certification, reinforcing its commitment to global safety standards. Meanwhile, the company has entered into a term sheet with Carlyle Aviation Management (CAML) to restructure aircraft lease obligations amounting to $121.18 million as of 31 March 2025. The agreement is aimed at optimizing the airline's capital structure and improving liquidity, as the company continues efforts to streamline operations and strengthen its financial position. Ajay Singh, Chairman and Managing Director, SpiceJet, said, 'As we share our quarterly and annual performance today, our thoughts are with those affected by the tragic Air India crash in Ahmedabad. This heartbreaking tragedy has deeply affected us all, and our thoughts are with the families and loved ones of those lost in this devastating crash. The entire aviation community stands together in this moment of grief. SpiceJet has delivered a strong set of results, marking a significant turnaround in our operational and financial performance. Posting a profit for the second consecutive quarter and for the full financial year after seven years is a reflection of the tireless efforts of our team, the continued trust of our passengers, and the resilience of our brand. With a strengthened balance sheet, renewed investor trust and continued network expansion, SpiceJet is well positioned for sustainable growth. While the revival of our grounded fleet has taken longer than anticipated due to complex global supply chain and engine overhaul challenges, momentum is now clearly building. Our partnerships with world class OEMs and MROs like StandardAero and Carlyle Aviation are bearing fruit, and engine overhauls are underway. With overhauled engines now returning, we expect a steady rampup in operational capacity in the weeks ahead.' SpiceJet is Indiaʹs favourite airline that has made flying affordable for more Indians than ever before. SpiceJet is an IATA and IOSA certified airline that operates a fleet of Boeing 737s & Q400s and is one of the country's largest regional players operating multiple daily flights under UDAN or the Regional Connectivity Scheme. The majority of the airlineʹs fleet offers SpiceMax, the most spacious economy-class seating in India Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
SpiceJet consolidated net profit rises 168.91% in the March 2025 quarter

Net profit of SpiceJet rose 168.91% to Rs 341.89 crore in the quarter ended March 2025 as against Rs 127.14 crore during the previous quarter ended March 2024. Sales declined 16.08% to Rs 1395.97 crore in the quarter ended March 2025 as against Rs 1663.53 crore during the previous quarter ended March 2024. For the full year,net profit reported to Rs 62.77 crore in the year ended March 2025 as against net loss of Rs 422.83 crore during the previous year ended March 2024. Sales declined 25.15% to Rs 5073.72 crore in the year ended March 2025 as against Rs 6778.96 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1395.971663.53 -16 5073.726778.96 -25 OPM %5.23-14.13 --8.70-9.50 - PBDT508.09299.44 70 706.72329.40 115 PBT341.74126.87 169 61.93-423.72 LP NP341.89127.14 169 62.77-422.83 LP Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
SpiceJet schedules board meeting

SpiceJet will hold a meeting of the Board of Directors of the Company on 13 June 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
SpiceJet flags off its Haj 2025 operations

SpiceJet today flagged off its Haj 2025 operations with the inaugural flight departing from Gaya to Medina, marking the start of the sacred pilgrimage for thousands of Indian pilgrims. The airline will operate a total of 45 Haj flights in the first phase, connecting Gaya, Srinagar, Guwahati, and Kolkata to Medina and Jeddah. The first phase of operations will run until 29 May 2025, with flights from Guwahati to Medina beginning 03 May, Srinagar to Medina from 04 May, and Kolkata to Jeddah from 16 May. The return leg of Haj operations is scheduled between 13 June and 11 July 2025. SpiceJet is facilitating the travel of approximately 15,500 pilgrims this year, an 18% increase from the 13,000 pilgrims carried in 2024, further underlining the importance of Haj operations as a significant revenue generator for the airline. In 2024, SpiceJet operated 102 Haj flights from seven Indian cities including Srinagar, Gaya, Guwahati, Bhopal, Indore, Aurangabad, and Vijayawada, generating a revenue of Rs 209 crore. To enhance the travel experience, SpiceJet has inducted two wide-body Airbus A340 aircraft, each capable of accommodating 324 passengers. These aircraft will operate on routes from Srinagar and Guwahati to Medina and from Kolkata to Jeddah. A 189 seater Boeing 737 aircraft has been deployed on the Gaya-Medina route. Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
SpiceJet launches daily non-stop flights between Delhi and Kathmandu

SpiceJet announced the launch of its daily non-stop flights connecting Delhi and Kathmandu starting 10 May 2025. This marks SpiceJet's first new international destination since its successful Qualified Institutional Placement (QIP). Flight SG 41 will depart from Delhi at 8:10 am (local time) and land in Kathmandu at 9:55 am (local time). The return flight, SG 42, will depart from Kathmandu at 10:55 am (local time) and arrive in Delhi at 1:10 pm (local time). SpiceJet will operate its Boeing 737 aircraft on this route.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
SpiceJet announces successful renewal of IOSA certification

SpiceJet announced the successful renewal of its IATA Operational Safety Audit (IOSA) certification, a globally recognised benchmark for operational safety. This achievement reaffirms SpiceJetʹs unwavering commitment to maintaining the highest safety and operational standards. The successful renewal of the IOSA certification is valid until March 2027. Powered by Capital Market - Live

3 months agoCapital Market - Live
Spotlight
SpiceJet edges higher after settling dispute with Willis Lease

As part of the agreement, Willis Lease has withdrawn its insolvency case against SpiceJet, closing yet another chapter in the airline's ongoing efforts to strengthen its financial foundation. This settlement follows a series of strategic agreements SpiceJet has secured in recent months, supported by an Rs 3,000 crore infusion through a qualified institutional placement (QIP) in September 2024 and an additional Rs 294.09 crore infusion by promoter Ajay Singh. These funds have significantly strengthened SpiceJet's financial position, facilitated the resolution of outstanding disputes, and allowed the airline to focus on operational growth. Ajay Singh, chairman and managing director, SpiceJet, said: 'This successful settlement with Willis Lease reflects the positive impact of our financial restructuring strategy. We deeply appreciate the continued support of our partners and stakeholders as we work towards building a stronger and more resilient SpiceJet.' SpiceJet is a low-budget air carrier. The airline operates a fleet of Boeing 737s, Q-400s, & freighters and is the country's largest regional player operating multiple daily flights under UDAN, or the Regional Connectivity Scheme. The majority of the airline's fleet offers SpiceMax, the most spacious economy class seating in India. The company reported a standalone net profit of Rs 24.96 crore in Q3 FY25 as compared with a net loss of Rs 301.45 crore in Q3 FY24. Revenue from operations fell 35.33% to Rs 1231.06 crore in Q3 FY25 as compared with Rs 1,903.57 crore in Q3 FY24. Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
SpiceJet launches 24 new domestic flights for its Summer 2025

SpiceJet today announced the launch of 24 new domestic flights as part of its Summer 2025 schedule. The airline is expanding its network by adding three new destinations - Tuticorin, Porbandar, and Dehradun - while introducing new routes to enhance connectivity across the country. The airline will commence operations on these new routes in a phased manner from 30 March 2025, with bookings now open. Tuticorin will be connected to Chennai and Bengaluru, with a daily direct flight to Bengaluru and twice-daily flights to Chennai, offering passengers the convenience of same-day return travel. This summer, travellers from Ahmedabad, Bengaluru, Delhi and Mumbai will enjoy seamless access to the picturesque and cool retreat of Dehradun, with direct SpiceJet flights connecting them to the serene foothills of the Himalayas. Porbandar will be exclusively connected to Mumbai with a non-stop flight operating twice a week (Tuesdays and Thursdays) from 01 April 2025. Further expanding its domestic footprint, SpiceJet will introduce new flights on the Ahmedabad-Srinagar and Pune-Varanasi sectors while also reconnecting Bengaluru with Goa and Pune with Chennai, offering passengers greater travel options.Powered by Capital Market - Live

3 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Spicejet Ltd (SPICEJET) today?

    The share price of SPICEJET as on 17th July 2025 is ₹39.30. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Spicejet Ltd (SPICEJET) share?

    The past returns of Spicejet Ltd (SPICEJET) share are
    • Past 1 week: 2.29%
    • Past 1 month: -8.45%
    • Past 3 months: -23.02%
    • Past 6 months: -19.99%
    • Past 1 year: -28.91%
    • Past 3 years: 3.15%
    • Past 5 years: -19.47%

  3. What are the peers or stocks similar to Spicejet Ltd (SPICEJET)?

    The peers or stocks similar to Spicejet Ltd (SPICEJET) include:

  4. What is the market cap of Spicejet Ltd (SPICEJET) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Spicejet Ltd (SPICEJET) is ₹5544.76 Cr as of 17th July 2025.

  5. What is the 52 week high and low of Spicejet Ltd (SPICEJET) share?

    The 52-week high of Spicejet Ltd (SPICEJET) is ₹79.90 and the 52-week low is ₹37.90.

  6. What is the PE and PB ratio of Spicejet Ltd (SPICEJET) stock?

    The P/E (price-to-earnings) ratio of Spicejet Ltd (SPICEJET) is 88.33. The P/B (price-to-book) ratio is -1.06.

  7. Which sector does Spicejet Ltd (SPICEJET) belong to?

    Spicejet Ltd (SPICEJET) belongs to the Industrials sector & Airlines sub-sector.

  8. How to buy Spicejet Ltd (SPICEJET) shares?

    You can directly buy Spicejet Ltd (SPICEJET) shares on Tickertape. Simply sign up, connect your demat account and place your order.