Nifty
:
25843.15
Sensex
:
84363.37
133.30 (0.52%)
411.18 (0.49%)
Nifty
Sensex
:
:
25843.15
84363.37
133.30 (0.52%)
411.18 (0.49%)

SpiceJet Ltd.

Airlines

Rating :
38/99

BSE: 500285 | NSE: SPICEJET

NSE BSE
33.19
20-Oct-2025
  • Open
  • High
  • Low
  • Previous Close
  •  33.75
  •  34.6
  •  32.92
  •  33.06
  • Volume
  • Traded Value (lacs)
  • 52 Week High
  • 52 Week Low
  •  9179704
  •  308914155
  •  34.6
  •  0

Stock Summary

  • Market Cap(Crs)
  • Stock P:E
  • Face Value
  • 4,691.48
  • N/A
  • 10
  • Enterprise Value(Crs)
  • Dividend Yield
  • Price:Book Value
  • 5,320.50
  • N/A
  • -2.03

Shareholding Pattern

  • Promoter
  • Corporate
  • Public
  • 33.46%
  • 10.56%
  • 34.36%
  • FII
  • DII
  • Others
  • 11.78%
  • 2.84%
  • 7.00%

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • 0.46
  • 0.59
  • -15.65

EBITDA CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -
  • 63.70
  • -15.32

PAT CAGR (%)

  • 10 Years
  • 5 Years
  • 3 Years
  • -17.88
  • -
  • -

P:E (Median)

  • 8 Years
  • 5 Years
  • 3 Years
  • -
  • -
  • -

P:BV (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • -22.54
  • -1.39
  • -1.38

EV:EBITDA (Average)

  • 8 Years
  • 5 Years
  • 3 Years
  • 4.81
  • -2.50
  • -0.55

Earnings Forecasts:

(Updated: 18-10-2025)
Description
2024
2025
2026
2027
Adj EPS
0.59
-3.1
1.43
-0.5
P/E Ratio
56.25
-10.71
23.21
-66.38
Revenue
5073.72
6090.55
8150.08
9647.7
EBITDA
-324.97
1222.4
2043.8
1452.5
Net Income
62.77
-412.9
215.6
-64.3
ROA
0.96
-10.74
3.77
P/B Ratio
-2.42
-3.63
-4.16
-2.54
ROE
30.56
20.89
2.05
FCFF
-1872.78
-824.48
-634.74
FCFF Yield
-23.38
-10.29
-7.93
Net Debt
3824.31
3172.7
2253.6
BVPS
-13.74
-9.15
-7.98
-13.06

Quarterly Results

Consolidated Figures in Rs. Crores /

Standalone
Description
Jun 25
Jun 24
Var%
Mar 25
Mar 24
Var%
Dec 24
Dec 23
Var%
Sep 24
Sep 23
Var%
Net Sales
1,120.20
1,708.24
-34.42%
1,465.56
1,738.38
-15.69%
1,237.04
1,914.50
-35.39%
914.85
1,428.83
-35.97%
Expenses
1,206.90
1,665.06
-27.52%
1,392.54
1,973.40
-29.43%
1,424.72
2,145.41
-33.59%
1,290.44
1,872.21
-31.07%
EBITDA
-86.69
43.18
-
73.02
-235.01
-
-187.68
-230.91
-
-375.59
-443.38
-
EBIDTM
-7.74%
2.53%
4.98%
-13.52%
-15.17%
-12.06%
-41.05%
-31.03%
Other Income
85.64
375.22
-77.18%
492.48
636.34
-22.61%
417.19
242.14
72.29%
163.37
296.98
-44.99%
Interest
63.15
87.91
-28.17%
57.41
101.88
-43.65%
60.74
126.45
-51.97%
88.41
114.34
-22.68%
Depreciation
169.80
172.31
-1.46%
166.35
172.57
-3.60%
148.49
183.55
-19.10%
157.63
188.69
-16.46%
PBT
-234.00
158.19
-
341.74
126.87
169.36%
20.27
-298.78
-
-458.26
-449.43
-
Tax
0.00
0.00
0
0.00
0.00
0
0.00
0.00
0
0.00
0.00
0
PAT
-234.00
158.19
-
341.74
126.87
169.36%
20.27
-298.78
-
-458.26
-449.43
-
PATM
-20.89%
9.26%
23.32%
7.30%
1.64%
-15.61%
-50.09%
-31.45%
EPS
-1.65
2.00
-
2.42
1.62
49.38%
0.16
-4.36
-
-3.57
-6.56
-

Annual Results

Consolidated Figures in Rs. Crores /

Standalone
Description
TTM
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Net Sales
4,737.65
5,325.69
7,085.31
8,873.59
6,603.59
5,171.45
12,374.57
9,121.48
7,760.13
6,191.36
5,088.07
Net Sales Growth
-30.23%
-24.83%
-20.15%
34.38%
27.69%
-58.21%
35.66%
17.54%
25.34%
21.68%
 
Cost Of Goods Sold
43.35
49.19
70.62
2.16
65.79
17.62
12.68
13.89
3.21
0.02
0.00
Gross Profit
4,694.30
5,276.50
7,014.69
8,871.43
6,537.81
5,153.83
12,361.89
9,107.58
7,756.92
6,191.34
5,088.07
GP Margin
99.08%
99.08%
99.00%
99.98%
99.00%
99.66%
99.90%
99.85%
99.96%
100.00%
100%
Total Expenditure
5,314.60
5,754.24
7,712.12
9,857.69
7,502.04
5,207.91
11,825.50
9,085.20
6,978.85
5,620.76
4,548.03
Power & Fuel Cost
-
2,059.43
2,996.10
4,782.87
2,956.30
1,539.60
4,630.24
3,456.30
2,441.31
1,861.46
1,395.55
% Of Sales
-
38.67%
42.29%
53.90%
44.77%
29.77%
37.42%
37.89%
31.46%
30.07%
27.43%
Employee Cost
-
658.61
820.86
880.01
734.99
685.28
1,463.59
1,058.42
861.69
673.82
492.45
% Of Sales
-
12.37%
11.59%
9.92%
11.13%
13.25%
11.83%
11.60%
11.10%
10.88%
9.68%
Manufacturing Exp.
-
2,106.71
2,463.91
2,685.02
2,840.66
2,404.47
4,165.84
3,852.46
3,121.06
2,579.65
2,200.26
% Of Sales
-
39.56%
34.77%
30.26%
43.02%
46.50%
33.66%
42.24%
40.22%
41.67%
43.24%
General & Admin Exp.
-
398.04
481.63
481.88
455.01
457.64
550.00
389.70
316.45
275.22
254.77
% Of Sales
-
7.47%
6.80%
5.43%
6.89%
8.85%
4.44%
4.27%
4.08%
4.45%
5.01%
Selling & Distn. Exp.
-
290.44
355.40
227.98
121.95
76.68
226.10
208.17
190.04
209.78
163.71
% Of Sales
-
5.45%
5.02%
2.57%
1.85%
1.48%
1.83%
2.28%
2.45%
3.39%
3.22%
Miscellaneous Exp.
-
191.81
523.60
797.76
327.35
26.63
777.06
106.27
45.09
20.80
163.71
% Of Sales
-
3.60%
7.39%
8.99%
4.96%
0.51%
6.28%
1.17%
0.58%
0.34%
0.81%
EBITDA
-576.94
-428.55
-626.81
-984.10
-898.45
-36.46
549.07
36.28
781.28
570.60
540.04
EBITDA Margin
-12.18%
-8.05%
-8.85%
-11.09%
-13.61%
-0.71%
4.44%
0.40%
10.07%
9.22%
10.61%
Other Income
1,158.68
1,442.57
1,438.73
1,023.48
1,026.95
1,050.64
830.53
144.78
129.24
111.83
152.06
Interest
269.71
307.31
482.51
529.59
501.98
482.87
580.78
163.62
122.00
95.16
126.20
Depreciation
642.27
644.78
753.12
1,022.74
1,293.34
1,561.19
1,735.38
256.35
231.32
198.61
179.81
PBT
-330.25
61.93
-423.71
-1,512.95
-1,666.81
-1,029.89
-936.57
-238.92
557.21
388.67
386.09
Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
Tax Rate
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
-0.01%
0.00%
0.00%
0.00%
PAT
-330.25
62.77
-422.82
-1,512.77
-1,744.08
-1,029.89
-936.57
-302.41
557.21
427.22
449.79
PAT before Minority Interest
-329.40
61.93
-423.71
-1,512.95
-1,744.27
-1,029.89
-936.57
-302.41
557.21
427.22
449.79
Minority Interest
0.85
0.84
0.89
0.18
0.19
0.00
0.00
0.00
0.00
0.00
0.00
PAT Margin
-6.97%
1.18%
-5.97%
-17.05%
-26.41%
-19.91%
-7.57%
-3.32%
7.18%
6.90%
8.84%
PAT Growth
0.00%
-
-
-
-
-
-
-
30.43%
-5.02%
 
EPS
-2.34
0.44
-2.99
-10.70
-12.34
-7.29
-6.63
-2.14
3.94
3.02
3.18

Results Balance Sheet

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Shareholder's Funds
-1,942.37
-5,217.34
-5,850.31
-4,340.07
-2,604.24
-1,580.40
-349.96
-55.92
-612.60
-1,038.86
Share Capital
1,413.40
783.40
601.85
601.80
600.94
600.08
599.72
599.45
599.45
599.45
Total Reserves
-3,486.72
-6,244.72
-6,458.05
-4,945.89
-3,213.01
-2,193.59
-955.91
-656.67
-1,212.05
-1,639.01
Non-Current Liabilities
1,866.98
2,591.49
3,617.03
5,282.19
6,185.36
7,900.76
1,523.20
977.66
1,132.78
1,260.12
Secured Loans
681.95
892.35
465.99
312.88
0.00
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
0.50
0.00
0.00
0.00
302.67
459.30
556.63
650.95
775.98
920.92
Long Term Provisions
104.48
149.82
162.69
277.56
279.22
628.48
428.98
249.92
289.73
263.40
Current Liabilities
6,671.91
9,099.26
10,004.19
8,612.63
7,770.57
6,540.19
3,631.41
3,097.51
2,470.43
2,625.45
Trade Payables
2,388.43
3,382.45
3,122.52
2,612.94
2,000.72
1,719.71
1,109.88
688.53
587.34
720.99
Other Current Liabilities
4,000.83
5,303.24
6,402.29
5,356.63
5,115.71
4,024.70
1,886.58
1,826.17
1,489.06
1,431.03
Short Term Borrowings
2.70
0.00
59.00
246.79
404.48
414.44
417.94
357.44
252.25
105.00
Short Term Provisions
279.95
413.56
420.38
396.27
249.67
381.35
217.01
225.38
141.79
368.43
Total Liabilities
6,594.50
6,472.17
7,770.58
9,554.56
11,351.69
12,860.55
4,804.65
4,019.25
2,990.61
2,846.71
Net Block
2,111.41
2,570.67
4,006.45
5,569.23
7,032.72
8,713.75
1,625.76
1,598.36
1,620.04
1,627.56
Gross Block
7,262.33
7,218.58
9,087.46
10,182.08
10,632.35
11,241.84
2,484.77
2,202.86
1,994.49
1,803.80
Accumulated Depreciation
5,150.92
4,647.91
5,081.01
4,612.85
3,599.63
2,528.09
859.01
604.49
374.45
176.25
Non Current Assets
3,865.03
3,962.15
5,629.49
7,388.43
8,765.37
10,646.79
3,423.23
3,078.58
2,279.37
2,166.42
Capital Work in Progress
9.61
7.24
20.41
6.34
5.84
0.00
0.00
0.00
0.00
0.00
Non Current Investment
0.04
0.03
0.03
0.02
0.06
0.05
0.02
0.02
0.02
0.00
Long Term Loans & Adv.
1,406.55
1,302.41
1,452.86
1,214.63
1,229.69
1,932.98
1,011.50
827.41
401.98
416.45
Other Non Current Assets
337.43
81.81
149.75
598.21
497.06
0.00
785.95
652.78
257.33
122.42
Current Assets
2,729.47
2,510.02
2,141.08
2,166.13
2,586.32
2,213.76
1,381.42
940.67
711.25
680.28
Current Investments
134.03
0.49
0.46
0.43
0.42
0.39
0.36
101.26
139.75
20.46
Inventories
177.78
172.00
162.83
150.87
167.29
181.59
141.32
141.87
98.55
66.55
Sundry Debtors
124.02
158.19
159.78
253.28
321.12
293.74
147.20
85.83
61.80
43.37
Cash & Bank
260.17
214.58
35.52
62.68
35.52
41.83
79.71
147.05
68.20
105.90
Other Current Assets
2,033.47
911.08
1,018.94
1,052.65
2,061.98
1,696.22
1,012.82
464.66
342.94
443.99
Short Term Loans & Adv.
1,226.00
1,053.68
763.56
646.21
283.16
280.86
112.98
162.30
214.90
318.77
Net Current Assets
-3,942.45
-6,589.24
-7,863.11
-6,446.50
-5,184.25
-4,326.43
-2,249.99
-2,156.84
-1,759.19
-1,945.16
Total Assets
6,594.50
6,472.17
7,770.57
9,554.56
11,351.69
12,860.55
4,804.65
4,019.25
2,990.62
2,846.70

Cash Flow

Consolidated Figures in Rs. Crores /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Cash From Operating Activity
-1,689.35
-595.87
120.36
1,003.70
228.31
1,784.06
455.53
1,035.51
479.21
711.17
PBT
61.93
-423.71
-1,512.95
-1,744.27
-1,029.89
-936.57
-238.92
557.21
388.67
386.09
Adjustment
-368.50
297.81
1,193.51
1,884.20
1,600.30
2,920.06
856.61
681.52
333.40
472.60
Changes in Working Capital
-1,430.26
-449.40
484.50
928.55
-379.52
-166.38
-156.41
-195.32
-416.82
-314.73
Cash after chg. in Working capital
-1,736.83
-575.30
165.07
1,068.48
190.89
1,817.11
461.28
1,043.41
305.26
543.96
Interest Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Tax Paid
47.49
-20.57
-44.70
-64.78
37.42
-33.05
-5.75
-7.90
8.12
-0.27
Other Direct Exp. Paid
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Extra & Other Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
165.83
167.48
Cash From Investing Activity
-642.53
35.83
511.53
-149.00
212.18
-165.50
-144.15
-825.09
-492.81
-274.64
Net Fixed Assets
-49.61
1,875.95
1,114.92
450.11
606.67
-8,744.83
-260.65
-207.85
-190.41
Net Investments
-133.51
-15.77
-0.68
0.03
-2.06
-0.10
100.90
38.48
-119.33
Others
-459.41
-1,824.35
-602.71
-599.14
-392.43
8,579.43
15.60
-655.72
-183.07
Cash from Financing Activity
2,167.57
730.24
-610.14
-877.80
-436.74
-1,659.88
-363.75
-110.09
-43.35
-378.54
Net Cash Inflow / Outflow
-164.30
170.20
21.76
-23.10
3.75
-41.32
-52.37
100.33
-56.95
58.00
Opening Cash & Equivalents
203.11
33.70
11.29
33.09
29.81
66.76
119.95
19.63
75.90
18.30
Closing Cash & Equivalent
38.82
203.11
33.70
11.29
33.09
29.81
66.76
119.95
19.63
75.90

Financial Ratios

Consolidated /

Standalone
Description
Mar 25
Mar 24
Mar 23
Mar 22
Mar 21
Mar 20
Mar 19
Mar 18
Mar 17
Mar 16
Book Value (Rs.)
-14.67
-69.71
-97.30
-72.19
-43.47
-26.56
-5.94
-0.95
-10.22
-17.34
ROA
0.95%
-5.95%
-17.47%
-16.69%
-8.51%
-10.60%
-6.85%
15.90%
14.64%
15.80%
ROE
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
ROCE
0.00%
0.00%
0.00%
0.00%
0.00%
-257.72%
-13.83%
75.90%
142.40%
301.89%
Fixed Asset Turnover
0.74
0.87
0.92
0.63
0.47
1.80
3.89
3.70
3.26
2.82
Receivable days
9.67
8.19
8.50
15.87
21.70
6.50
4.66
3.47
3.10
3.11
Inventory Days
11.99
8.62
6.45
8.79
12.31
4.76
5.67
5.65
4.87
4.77
Payable days
0.00
0.00
0.00
0.00
0.00
0.00
36.95
33.83
42.90
58.98
Cash Conversion Cycle
21.66
16.81
14.95
24.67
34.01
11.27
-26.62
-24.71
-34.93
-51.10
Total Debt/Equity
-0.43
-0.21
-0.20
-0.25
-0.41
-0.69
-3.12
-22.77
-1.89
-1.18
Interest Cover
1.20
0.12
-1.86
-2.47
-1.13
-0.61
-0.85
5.57
5.49
4.56

Annual Reports:

FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
FY 2019
FY 2018
FY 2017

News Update:


  • SpiceJet launches nonstop flights from Mumbai, Ahmedabad to Najaf
    17th Oct 2025, 15:43 PM

    Flights from Mumbai to Najaf will begin on October 18, 2025, while services from Ahmedabad will start on October 19, 2025

    Read More
  • SpiceJet adds three new aircraft to operational fleet
    10th Oct 2025, 11:51 AM

    These new planes will join operations between October 10 and 11, marking the start of a major fleet ramp-up

    Read More
  • SpiceJet launches daily flights to Port Blair, Udaipur
    8th Oct 2025, 12:50 PM

    The airline will operate daily flights to Port Blair from Kolkata and Delhi, and to Udaipur from Delhi and Mumbai

    Read More
  • SpiceJet launches special Diwali flights to Ayodhya
    6th Oct 2025, 15:09 PM

    With these additions, SpiceJet continues to strengthen its domestic network and reaffirm its commitment to making festive travel convenient, affordable, and accessible for all

    Read More
  • SpiceJet launches daily non-stop flights to Phuket from Delhi and Mumbai
    29th Sep 2025, 14:22 PM

    Flights from Delhi to Phuket will begin on October 31, 2025, while services from Mumbai will start on November 6, 2025

    Read More
  • SpiceJet to induct wide-body Airbus A340 aircraft
    26th Sep 2025, 14:29 PM

    The airline has finalised a lease agreement to induct a wide-body Airbus A340 aircraft into its fleet

    Read More
  • SpiceJet signs lease agreement for eight Boeing 737 aircraft
    16th Sep 2025, 12:21 PM

    With this, the airline’s planned fleet additions rise to 18 aircraft

    Read More
  • SpiceJet secures $89.5 million in liquidity boost through Carlyle Settlement
    11th Sep 2025, 14:30 PM

    These liquidity enhancements are part of overall settlement agreement with Carlyle Aviation Partners and its affiliated entities

    Read More
  • SpiceJet planning to restart operations of 10 grounded aircraft by April 2026
    8th Sep 2025, 16:59 PM

    At the end of the June quarter, the no-frills airline had just 21 operational planes out of the 56-strong fleet

    Read More
  • SpiceJet completes full payment of $24 million to Credit Suisse
    8th Sep 2025, 15:30 PM

    This marks the closure of a long-standing liability that pre-dates the tenure of the airline’s current promoter

    Read More
  • SpiceJet - Quarterly Results
    5th Sep 2025, 16:47 PM

    Read More
  • SpiceJet inks pact with Gulf Air to improve Global Connectivity
    4th Sep 2025, 12:59 PM

    The airline signed an interline agreement with Gulf Air which allows passengers to book connecting flights across different airlines under a single itinerary

    Read More
  • SpiceJet finalises lease agreement for another five Boeing 737 aircraft
    13th Aug 2025, 11:50 AM

    These additions will cater to the peak winter season and extend into the early summer season of 2026, remaining with the airline until May 2026

    Read More
  • SpiceJet finalises lease agreement to induct five Boeing 737 aircraft
    28th Jul 2025, 14:53 PM

    The aircraft are being inducted on a damp lease basis, where operational crew will be shared between the operator and the company

    Read More

Source: www.accordfintech.com | DISCLAIMER: Information is provided " as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed.