SpiceJet

Why is SpiceJet Ltd falling/rising?

As of 24-Jun, SpiceJet Ltd's stock price is at 12.27, reflecting a decline of -0.73%. The stock has significantly underperformed the Sensex, with a year-to-date drop of -58.74% and a staggering -70.65% decline over the past year, driven by negative financial results and high promoter share pledging.

As of 24-Jun, SpiceJet Ltd's stock price is falling, currently at 12.27, reflecting a change of -0.09 (-0.73%). The stock has been on a downward trend, having underperformed its sector by -5.63% today and experiencing a consecutive decline for the last four days, resulting in a total drop of -4.59% during this period. <BR><BR>The company's performance over various time frames indicates significant underperformance compared to the benchmark Sensex. Over the past week, the stock has decreased by -3.92%, and in the last month, it has fallen by -5.62%, while the Sensex has gained 2.09%. Year-to-date, SpiceJet's stock has plummeted by -58.74%, significantly worse than the Sensex's decline of -9.66%. Over the past year, the stock has dropped a staggering -70.65%, compared to the Sensex's -6.17%.<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 of Rs 2,799.61 crore and has recorded a negative EBITDA of Rs. -625.08 crore. These financial struggles are compounded by a weak long-term growth outlook, as net sales have decreased at an annual rate of -4.89% over the past five years.<BR><BR>Investor sentiment appears to be further dampened by the fact that 39.77% of promoter shares are pledged, which can exert additional downward pressure on the stock price in a falling market. Overall, the combination of poor financial performance, negative growth indicators, and high promoter share pledging has led to the continued decline in SpiceJet Ltd's stock price.

Which are the latest news on SpiceJet?

How big is SpiceJet?

As of 10th June, SpiceJet Ltd has a market capitalization of 1,851.00 Cr and reported Net Sales of 4,786.48 Cr with a Net Profit loss of 774.63 Cr over the latest four quarters.

As of 10th June, SpiceJet Ltd has a market capitalization of 1,851.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, SpiceJet reported Net Sales of 4,786.48 Cr. However, it experienced a loss of 774.63 Cr in Net Profit during the same period.<BR><BR>The latest annual reporting period for the balance sheet is March 2025. Shareholder's Funds stood at a loss of 1,942.37 Cr, while Total Assets were valued at 6,594.50 Cr.

Who are in the management team of SpiceJet?

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

The management team of SpiceJet includes the following individuals:<BR><BR>1. **Ajay Singh** - Chairman & Managing Director<BR>2. **Chandan Sand** - Senior Vice President & Company Secretary<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>If you need more information about any specific member or their roles, feel free to ask!

Who are the peers of the SpiceJet?

SpiceJet's peers include Interglobe Aviation, TAAL Tech, and Global Vectra. Interglobe Aviation shows excellent management and growth, while SpiceJet has the lowest 1-year return at -73.93%.

Peers: Interglobe Aviat, SpiceJet, TAAL Tech, Global Vectra.<BR><BR>Quality Snapshot: Excellent management risk is observed at Interglobe Aviat, while Average management risk is found at TAAL Tech, and Below Average management risk is present at Global Vectra. Growth is rated as Excellent for Interglobe Aviat, Below Average for TAAL Tech, and Below Average for Global Vectra, while SpiceJet does not qualify. Capital Structure is rated as Excellent at TAAL Tech, Below Average at Interglobe Aviat and Global Vectra, and SpiceJet does not qualify.<BR><BR>Return Snapshot: Interglobe Aviat has the highest 1-year return at -19.68%, while SpiceJet has the lowest at -73.93%, indicating a significantly worse performance compared to its peers. Additionally, TAAL Tech and Global Vectra both have negative six-month returns.

What does SpiceJet do?

SpiceJet Ltd is a low-cost airline providing passenger and cargo transport services. As of December 2025, it reported net sales of ₹1,408 Cr and a net loss of ₹261 Cr, with a market cap of ₹1,851 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 small-cap company.<BR><BR>History: <BR>SpiceJet Limited was incorporated on February 9, 1984, originally under the name Royal Airways Limited, which was changed to SpiceJet Limited effective May 4, 2005. The latest quarterly results reported net sales and net profit for the period ending December 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 1,408 Cr (Quarterly Results - Dec 2025) <BR>Most recent Net Profit: -261 Cr (Quarterly Results - Dec 2025) <BR>Market-cap value: INR 1,851 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -1.36 <BR>Return on Equity: 17.60% <BR>Price to Book: -0.66<BR><BR>Contact Details: <BR>Address: Indira Gandhi Intl Airport, Terminal 1 D New Delhi New Delhi : 110037 <BR>Phone: 91-124-3913939 <BR>Email: investors@spicejet.com <BR>Website: http://www.spicejet.com

Should I buy, sell or hold SpiceJet Ltd?

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.

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.

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.

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.

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.

Has SpiceJet declared dividend?

No Dividend History Available