SpiceJet

how big is SpiceJet?

As of Jun 06, SpiceJet Ltd has a market capitalization of 5,855.70 Cr and reported net sales of 5,598.52 Cr with a net profit of -151.98 Cr over the latest four quarters. Shareholder's funds stand at -5,217.34 Cr against total assets of 6,472.17 Cr as of Mar'24.

Market Cap: SpiceJet Ltd has a market capitalization of 5,855.70 Cr and is classified as a Mid Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Dec'24, Sep'24, Jun'24, and Mar'24, is 5,598.52 Cr. The sum of Net Profit for the same period is -151.98 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending Mar'24. Shareholder's Funds are reported at -5,217.34 Cr, while Total Assets amount to 6,472.17 Cr.

Who are in the management team of SpiceJet?

As of March 2022, the management team of SpiceJet includes Ajay Singh (Chairman & Managing Director), Chandan Sand (Senior Vice President & Company Secretary), and several non-executive directors: Shiwani Singh, Anurag Bhargava, Ajay Chhotelal Aggarwal, and Manoj Kumar.

As of March 2022, the management team of SpiceJet includes the following individuals:<BR><BR>1. Chandan Sand - Senior Vice President & Company Secretary<BR>2. Ajay Singh - Chairman & Managing Director<BR>3. Shiwani Singh - Non-Executive & Non-Independent Director<BR>4. Anurag Bhargava - Non-Executive & Independent Director<BR>5. Ajay Chhotelal Aggarwal - Non-Executive & Independent Director<BR>6. Manoj Kumar - Non-Executive & Independent Director<BR><BR>These members play various roles in the governance and management of the company.

What does SpiceJet do?

SpiceJet Ltd is a low-cost airline providing passenger and cargo transport services in India. As of December 2024, it reported net sales of ₹1,237 Cr and a net profit of ₹20 Cr, with a market cap of ₹5,883 Cr.

Overview: <BR>SpiceJet Ltd is a low-cost carrier (LCC) engaged in providing air transport services for the carriage of passengers and cargo, operating within the airline industry and categorized as a mid-cap company.<BR><BR>History: <BR>SpiceJet Limited was incorporated in 1984 under the name Royal Airways Limited, which was changed to SpiceJet Limited on May 4, 2005. The latest quarterly results reported net sales and net profit for December 2024.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,237 Cr (Quarterly Results - Dec 2024) <BR>Most recent Net Profit: 20 Cr (Quarterly Results - Dec 2024) <BR>Market-cap value: Rs 5,883 Cr (Mid Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.98 <BR>Return on Equity: 18.14% <BR>Price to Book: -2.30<BR><BR>Contact Details: <BR>Address: Indira Gandhi Intl Airport, Terminal 1 D New Delhi New Delhi : 110037 <BR>Tel: 91-124-3913939 <BR>Email: investors@spicejet.com <BR>Website: http://www.spicejet.com

Has SpiceJet declared dividend?

No Dividend History Available

Who are the peers of the SpiceJet?

SpiceJet's peers are Interglobe Aviation, TAAL Enterprises, and Global Vectra. TAAL Enterprises leads in 1-year returns at 41.12%, while SpiceJet has the lowest at -22.70%.

Peers: The peers of SpiceJet are Interglobe Aviat, TAAL Enterprises, and Global Vectra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Interglobe Aviat, while Average management risk is found at TAAL Enterprises and Below Average management risk is noted for Global Vectra. Growth is rated as Excellent for Interglobe Aviat, Below Average for TAAL Enterprises, and Below Average for Global Vectra. In terms of Capital Structure, Excellent is seen at TAAL Enterprises, Below Average at Interglobe Aviat and Global Vectra, and SpiceJet does not qualify.<BR><BR>Return Snapshot: The peer with the highest 1-year return is TAAL Enterprises at 41.12%, while SpiceJet has the lowest at -22.70%. SpiceJet's 1-year return is significantly lower than all peers. Additionally, Global Vectra has a negative six-month return at -15.52%.

Who are the top shareholders of the SpiceJet?

The top shareholders of SpiceJet include Ajay Singh with 18.54%, pledged promoter holdings at 42.18%, foreign institutional investors at 11.85%, mutual funds at 2.53%, and individual investors holding 30.68%, with Plutus Wealth Management LLP as the largest public shareholder at 2.71%.

The top shareholders of SpiceJet include a mix of institutional and individual investors. The largest promoter is Ajay Singh, who holds 18.54% of the shares. Additionally, there is a significant amount of pledged promoter holdings at 42.18%. Among institutional investors, foreign institutional investors (FIIs) hold 11.85%, while mutual funds account for 2.53% across seven schemes. The highest public shareholder is Plutus Wealth Management LLP, with a stake of 2.71%. Individual investors collectively hold 30.68% of the company.

How has been the historical performance of SpiceJet?

SpiceJet's historical performance has shown significant fluctuations, with net sales declining from INR 12,374.57 crore in March 2020 to INR 5,325.70 crore in March 2025, although recent trends indicate a potential recovery in profitability, as profit before and after tax turned positive in March 2025. Total assets and liabilities decreased during the same period, and cash flow from operating activities remained negative.

Answer:<BR>The historical performance of SpiceJet shows significant fluctuations in key financial metrics over the years, particularly in net sales, operating profit, and net profit.<BR><BR>Breakdown:<BR>SpiceJet's net sales have seen a decline from INR 12,374.57 crore in March 2020 to INR 5,325.70 crore in March 2025, reflecting a downward trend over the years. The total operating income followed a similar pattern, decreasing from INR 12,374.57 crore in March 2020 to INR 5,325.70 crore in March 2025. Operating profit (PBDIT) has also been negative for the last three years, with a loss of INR 441.37 crore in March 2025, although it improved from a loss of INR 1,005.93 crore in March 2023. The profit before tax turned positive in March 2025 at INR 61.93 crore, a significant recovery from the losses reported in previous years. Consequently, the profit after tax also turned positive at INR 61.93 crore in March 2025, compared to substantial losses in prior years. In terms of assets, total assets decreased from INR 12,860.55 crore in March 2020 to INR 6,594.50 crore in March 2025, while total liabilities have also decreased from INR 12,860.55 crore to INR 6,594.50 crore in the same period. Cash flow from operating activities has been negative in recent years, with a cash outflow of INR 1,689 crore in March 2025, although cash flow from financing activities showed a positive inflow of INR 2,167 crore. Overall, while SpiceJet has faced challenges, recent trends indicate a potential recovery in profitability.

Is SpiceJet technically bullish or bearish?

As of November 28, 2025, SpiceJet's technical trend has shifted to a bearish stance, driven by negative signals from moving averages and Bollinger Bands, despite a mildly bullish weekly KST, indicating overall bearish momentum.

As of 28 November 2025, the technical trend for SpiceJet has changed from mildly bearish to bearish. The current technical stance is bearish with a moderate strength. Key indicators driving this stance include the bearish signals from the daily moving averages and the weekly Bollinger Bands, along with the monthly MACD indicating bearish momentum. The weekly KST shows a mildly bullish signal, but this is overshadowed by the overall bearish trend in the monthly indicators. Additionally, the significant negative returns over various time frames compared to the Sensex further reinforce the bearish outlook.

When is the next results date for SpiceJet Ltd?

The next results date for SpiceJet Ltd is 12 February 2026.

The next results date for SpiceJet Ltd is scheduled for 12 February 2026.

Are SpiceJet Ltd latest results good or bad?

SpiceJet Ltd's latest results are concerning, showing a net loss of ₹261.38 crores in Q3 FY26, a 1,378.77% decline year-on-year, despite a 13.84% revenue increase. The company faces ongoing operational inefficiencies and financial instability, reflected in negative margins and a negative book value per share.

SpiceJet Ltd's latest results indicate a challenging financial situation. In Q3 FY26, the company reported a net loss of ₹261.38 crores, which is a staggering decline of 1,378.77% year-on-year. While revenue showed a positive trend, increasing by 13.84% year-on-year to ₹1,408.29 crores and a significant 77.72% growth quarter-on-quarter, this revenue growth was not enough to offset the substantial operational losses.<BR><BR>The operating margin, excluding other income, remained negative at -13.44%, although it improved slightly from -15.92% in the same quarter last year. The profit after tax (PAT) margin also stood at -19.45%, a stark contrast to the positive margin of 1.72% in Q3 FY25. <BR><BR>Overall, while there was a modest recovery in revenue, the persistent losses, negative operating cash flows, and a negative book value of ₹-14.64 per share highlight serious financial distress. The company's market capitalization of ₹3,033.89 crores and the significant drop in institutional investor confidence further underscore the challenges SpiceJet is facing. <BR><BR>In summary, the latest results can be characterized as bad, reflecting ongoing operational inefficiencies and financial instability.

Should I buy, sell or hold SpiceJet Ltd?

Why is SpiceJet Ltd falling/rising?

As of 17-Mar, SpiceJet Ltd's stock price is at Rs 13.34, down 2.13%, continuing a four-day decline totaling 11.19%. The company faces significant financial challenges, including a 70.62% drop over the past year, negative results for three consecutive quarters, and decreased investor interest.

As of 17-Mar, SpiceJet Ltd's stock price is falling, currently at Rs 13.34, reflecting a decrease of Rs 0.29 or 2.13%. This decline is part of a broader trend, as the stock has been losing value for the last four consecutive days, resulting in a total drop of 11.19% during this period. Additionally, the stock has underperformed its sector by 3.65% today.<BR><BR>The company's performance over various time frames highlights significant challenges. Over the past year, SpiceJet has experienced a staggering decline of 70.62%, while its year-to-date performance shows a drop of 55.14%. The stock is also trading below its moving averages across multiple time frames, indicating a persistent downward trend.<BR><BR>Financially, SpiceJet is facing severe difficulties, including a negative book value and a high debt-to-equity ratio, which contributes to its weak long-term fundamental strength. The company has reported negative results for the last three consecutive quarters, with a significant loss of Rs 241.57 crore in the latest quarter, marking a 96.1% decline compared to the previous four-quarter average. Furthermore, the stock is considered risky due to negative EBITDA and a substantial drop in profits over the past year.<BR><BR>Investor participation has also decreased, with delivery volume falling by 30.02% against the five-day average, suggesting waning interest in the stock. The fact that 47.69% of promoter shares are pledged adds additional downward pressure in a falling market. Overall, these factors collectively explain the ongoing decline in SpiceJet Ltd's stock price.

Why is SpiceJet Ltd falling/rising?

As of 18-Mar, SpiceJet Ltd's stock price is at Rs 13.04, down 2.25%, with a significant decline of 72.96% over the past year. The company faces challenges including negative quarterly results, high debt levels, and decreased investor confidence, contributing to its bearish trend.

As of 18-Mar, SpiceJet Ltd's stock price is falling, currently at Rs 13.04, reflecting a decrease of Rs 0.3 or 2.25%. The stock has been on a downward trend, having lost 13.18% over the past week and 23.07% over the past month. Year-to-date, the stock has plummeted by 56.15%, and over the last year, it has experienced a staggering decline of 72.96%. <BR><BR>Several factors contribute to this decline. The company has reported negative results for the last three consecutive quarters, with a significant drop in profit after tax (PAT) of 96.1% compared to the previous four-quarter average. Additionally, the company has a negative book value and a weak long-term fundamental strength, as evidenced by a poor annual growth rate in net sales of -4.89% and an operating profit of 0% over the last five years. <BR><BR>Investor participation has also decreased, with delivery volume falling by 44% against the five-day average, indicating a lack of confidence among investors. Furthermore, the stock is trading below its moving averages across various time frames, suggesting a bearish trend. The high debt levels, with a debt-to-equity ratio averaging at 0 times, and the fact that 47.69% of promoter shares are pledged, add to the downward pressure on the stock price. Overall, these factors collectively indicate that SpiceJet Ltd is facing significant challenges, leading to its declining stock price.

Why is SpiceJet Ltd falling/rising?

As of 19-Mar, SpiceJet Ltd's stock price is at Rs. 12.46, reflecting a 4.45% decrease and a significant year-to-date drop of 58.10%. The stock's ongoing decline is attributed to poor financial performance, negative market sentiment, and broader sector declines.

As of 19-Mar, SpiceJet Ltd's stock price is falling, currently at Rs. 12.46, which reflects a decrease of Rs. 0.58 or 4.45%. The stock has been on a downward trend, having lost 17.04% over the past six days. This decline is further evidenced by its performance against the benchmark Sensex, where the stock has significantly underperformed, with a year-to-date drop of 58.10% compared to the Sensex's 12.92% decline.<BR><BR>Today, SpiceJet hit a new 52-week low of Rs. 12.28, indicating ongoing weakness. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically suggests a bearish trend. Additionally, the airline sector itself has experienced a decline of 4.65%, contributing to the negative sentiment surrounding SpiceJet.<BR><BR>The company's fundamentals are also concerning, with a negative book value and a weak long-term growth outlook, as evidenced by a net sales decline of 4.89% annually over the last five years. The company has reported negative results for the last three consecutive quarters, with a significant drop in profit after tax (PAT) of 96.1% compared to the previous four-quarter average. Furthermore, 47.69% of promoter shares are pledged, which can exert additional downward pressure on the stock in a falling market.<BR><BR>Overall, the combination of poor financial performance, negative market sentiment, and broader sector declines are key factors contributing to the falling stock price of SpiceJet Ltd.

Why is SpiceJet Ltd falling/rising?

As of 20-Mar, SpiceJet Ltd's stock price is at Rs. 12.05, reflecting a 3.29% decrease and a new 52-week low. The company faces weak long-term fundamentals, including negative book value, high debt levels, and significant declines in sales and profits, contributing to ongoing stock price declines.

As of 20-Mar, SpiceJet Ltd's stock price is falling, currently at Rs. 12.05, which reflects a decrease of Rs. 0.41 or 3.29%. The stock has been on a downward trend, having lost 19.77% over the last seven days and is currently trading at a new 52-week low. This decline is compounded by its poor performance relative to the benchmark Sensex, where the stock has underperformed by 3.06% today.<BR><BR>The company's long-term fundamentals are weak, evidenced by a negative book value and a debt-to-equity ratio of zero, indicating high debt levels. Over the past five years, net sales have decreased at an annual rate of 4.89%, and operating profit has stagnated at 0%. Additionally, the company has reported negative results for the last three consecutive quarters, with a significant drop in profit after tax (PAT) of 96.1% compared to the previous four-quarter average.<BR><BR>Investor sentiment is further dampened by the fact that 47.69% of promoter shares are pledged, which can exert additional downward pressure on the stock in a falling market. The stock's performance has been consistently poor, with a staggering 75.18% decline over the past year and a 64.89% drop over the last three years. Overall, these factors contribute to the ongoing decline in SpiceJet Ltd's stock price.

Why is SpiceJet Ltd falling/rising?

As of 23-Mar, SpiceJet Ltd's stock price is at Rs. 10.85, reflecting a 9.96% decline and a total drop of 27.76% over the past eight days. The company has underperformed significantly against the Sensex, with ongoing negative financial results and high debt levels contributing to its bearish trend.

As of 23-Mar, SpiceJet Ltd's stock price is falling, currently at Rs. 10.85, which represents a decrease of Rs. 1.2 or 9.96%. This decline is part of a broader trend, as the stock has been losing value for the last eight consecutive days, resulting in a total drop of 27.76% during this period. The stock has also reached a new 52-week low today.<BR><BR>In terms of performance, SpiceJet has significantly underperformed compared to the benchmark Sensex, with a one-week decline of 20.40% against the Sensex's 3.72% drop, and a year-to-date decline of 63.52% compared to the Sensex's 14.70%. Over the past year, the stock has plummeted by 77.39%, while the Sensex has only decreased by 5.47%. <BR><BR>Several negative factors contribute to this decline. The company has reported negative results for the last three consecutive quarters, with a significant drop in profit after tax (PAT) of 96.1% compared to the previous four-quarter average. Additionally, the company has a negative book value and a weak long-term fundamental strength, characterized by poor growth in net sales and operating profit over the past five years. The high debt levels, indicated by a debt-to-equity ratio of zero, further exacerbate the company's financial instability.<BR><BR>Moreover, 47.69% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market. The stock is also trading below its moving averages across various time frames, indicating a bearish trend. Overall, these factors collectively explain the ongoing decline in SpiceJet Ltd's stock price.

Why is SpiceJet Ltd falling/rising?

As of 24-Mar, SpiceJet Ltd's stock price is at Rs. 10.65, having fallen for nine consecutive days and reaching a new 52-week low. The stock has significantly underperformed the market, with a year-to-date decline of -64.19% due to negative financial results, high debt levels, and adverse investor sentiment.

As of 24-Mar, SpiceJet Ltd's stock price is falling, currently at Rs. 10.65, reflecting a change of -0.2 (-1.84%). The stock has been on a downward trend, having lost value for the last nine consecutive days, resulting in a total decline of -29.09% during this period. Additionally, the stock has reached a new 52-week low of Rs. 10.31 today.<BR><BR>The performance of SpiceJet is significantly underwhelming compared to the broader market, as it has underperformed the Sensex by -20.16% over the past week and -25.58% over the past month. Year-to-date, the stock has plummeted by -64.19%, while the Sensex has only declined by -13.09%. Over the past year, the stock has generated a staggering return of -77.40%, contrasting sharply with the Sensex's modest -5.02% decline.<BR><BR>Several negative factors contribute to this decline. The company has reported negative results for the last three consecutive quarters, with a significant drop in profit after tax (PAT) of -96.1% compared to the previous four-quarter average. Furthermore, the company has a negative book value and a weak long-term fundamental strength, indicated by a poor annual growth rate of net sales at -4.89% and an operating profit of 0% over the last five years. The high debt levels, with a debt-to-equity ratio averaging at 0 times, further exacerbate the situation.<BR><BR>Investor sentiment is also negatively impacted by the fact that 47.69% of promoter shares are pledged, which can exert additional downward pressure on stock prices in a falling market. Overall, the combination of poor financial performance, high debt, and negative market sentiment has led to the continued decline in SpiceJet Ltd's stock price.

Why is SpiceJet Ltd falling/rising?

As of 25-Mar, SpiceJet Ltd's stock price is rising to Rs 10.78 after a trend reversal, but it has significantly underperformed with a year-to-date decline of 63.75%. Despite a slight uptick, the stock's poor financial health and ongoing bearish trend indicate that this may be a temporary rebound.

As of 25-Mar, SpiceJet Ltd's stock price is rising, currently at Rs 10.78, reflecting a change of 0.13 (1.22%) upward. This increase comes after a trend reversal, as the stock has gained after nine consecutive days of decline. However, despite this recent uptick, the stock has significantly underperformed over various time frames, with a year-to-date decline of 63.75% and a staggering 76.96% drop over the past year.<BR><BR>The stock is currently trading 4.36% above its 52-week low of Rs 10.31, indicating some recovery potential, but it remains below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a continued bearish trend overall. Additionally, while the airline sector has gained by 3.44%, SpiceJet has underperformed its sector by 2.22% today.<BR><BR>Investor participation has seen a rise, with a delivery volume of 2.54 crore shares on March 31, which is 45.24% higher than the 5-day average, indicating some renewed interest. However, the company faces significant challenges, including a negative book value, high debt levels, and poor long-term growth metrics, which contribute to its classification as a strong sell. The stock's performance is further hindered by negative results over the last three quarters, with a reported PAT of Rs -241.57 crore, a decline of 96.1% compared to the previous four-quarter average.<BR><BR>In summary, while SpiceJet Ltd's stock is experiencing a slight rise in price, the broader context of its poor financial health and significant underperformance in the market suggests that this may be a temporary rebound rather than a sign of a sustainable recovery.

Which are the latest news on SpiceJet?