Jet Airways (India) Ltd.

NSE: JETAIRWAYS BSE: 532617 SECTOR: Airlines  58k   250   36

51.80
+0.65 (1.27%)
NSE: Today, 02:33 PM

Price Summary

Today's High

₹ 51.8

Today's Low

₹ 51.1

52 Week High

₹ 116

52 Week Low

₹ 48.55

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

588.43 Cr.

Enterprise Value

9127.74 Cr.

No. of Shares

11.36 Cr.

P/E

0

P/B

0

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  -1541.1

CASH

119.2 Cr.

DEBT

8658.51 Cr.

Promoter Holding

24.99 %

EPS (TTM)

₹  -88.21

Sales Growth

-98.55%

ROE

0 %

ROCE

0%

Profit Growth

48.67 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-98.55%
3 Year-75.08%
5 Year-55.96%

Profit Growth

1 Year48.67%
3 Year-224.22%
5 Year-15.4%

ROE%

1 Year0%
3 Year0%
5 Year0%

ROCE %

1 Year0%
3 Year1.33%
5 Year15.51%

Debt/Equity

-0.5558

Price to Cash Flow

-0.22

Interest Cover Ratio

-8.41313854104552

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 24.99 0
Dec 2022 24.99 0
Sep 2022 24.99 0
Jun 2022 24.99 0
Mar 2022 24.99 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 2080.29710369601.

 Limitations

  • The company has shown a poor profit growth of -224.216651873369% for the Past 3 years.
  • The company has shown a poor revenue growth of -75.0820660566819% for the Past 3 years.
  • Company has a poor ROE of 0% over the past 3 years.
  • Company has a poor ROCE of 1.33297900611214% over the past 3 years
  • Company has high debtor days of 234.647548358075.
  • Company has contingent liabilities of 3817.7 Cr.
  • Company has negative cash flow from operations of -2619.71.
  • The company has a low EBITDA margin of -91.7868943195681% over the past 5 years.
  • The company has negative book value.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 11 12.53 12.45 12.37 12.37
Total Expenditure 202.39 360.25 280.21 222.3 34.58
Operating Profit -191.39 -347.72 -267.76 -209.93 -22.21
Other Income 0.63 0.57 1.07 0.46 3.45
Interest 1.26 1.21 1.14 1.15 0.78
Depreciation 41.61 41.75 40.41 38.16 35.4
Exceptional Items 0 0 0 0 0
Profit Before Tax -233.63 -390.11 -308.24 -248.78 -54.94
Tax 0 0 0 0 0
Profit After Tax -233.63 -390.11 -308.24 -248.78 -54.94
Adjusted EPS (Rs) -20.57 -34.34 -27.13 -21.9 -4.84

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Net Sales 21281.45 21552.35 23286.53 23057.41 333.45
Total Expenditure 18953.04 20036.56 23262.56 26717.75 1871.11
Operating Profit 2328.41 1515.79 23.97 -3660.34 -1537.66
Other Income 629.51 1488.52 671.84 256.7 20.75
Interest 868.11 851.09 842.86 981.63 301.86
Depreciation 995.09 670.9 620.57 442.23 295.74
Exceptional Items 78.84 0 0 -708.25 -726.94
Profit Before Tax 1173.56 1482.32 -767.62 -5535.75 -2841.45
Tax 0 -0.2 0 0 0
Net Profit 1173.56 1482.52 -767.62 -5535.75 -2841.45
Adjusted EPS (Rs.) 103.31 130.5 -67.57 -487.3 -250.13

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Equity and Liabilities
Share Capital 113.6 113.6 113.6 113.6 113.6
Total Reserves -3127.6 -6589.47 -7355.6 -12808.99 -15693.46
Borrowings 6210.33 6967.85 5085.56 765.26 0
Other N/C liabilities 1239.88 452.38 468.42 989.1 888.83
Current liabilities 14724.61 11703.91 14189.25 22054.32 21617.64
Total Liabilities 19160.82 12648.27 12501.23 11113.29 6926.61
Assets
Net Block 8804.65 4895.44 2910.77 2657.71 1217.3
Capital WIP 4.1 709.3 24.74 0 0
Intangible WIP 0 0 0 0 0
Investments 696.19 696.67 1393.97 1381.68 1369.93
Loans & Advances 3413.32 759.94 963.87 1155.28 1149.69
Other N/C Assets 47.17 251.98 154.43 0 0
Current Assets 6195.39 5334.94 7053.45 5918.62 3189.69
Total Assets 19160.82 12648.27 12501.23 11113.29 6926.61
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
Profit from operations 1173.56 1482.32 -767.62 -5535.75 -2841.45
Adjustment 1487.34 -242.12 1213.85 2567.27 2060.02
Changes in Assets & Liabilities -132.07 -362.84 1233.03 4880.71 -1847.67
Tax Paid 2.31 83.49 18.38 -78.4 9.39
Operating Cash Flow 2531.14 960.85 1697.64 1833.83 -2619.71
Investing Cash Flow -739.04 1644.87 -359.15 31.7 917.24
Financing Cash Flow -2437.59 -2378.58 -1554.96 -1982.1 1606.21
Net Cash Flow -645.49 227.14 -216.47 -116.57 -96.26

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 24.99 24.99 24.99 24.99 24.99
naresh kumar goyal 24.99 24.99 24.99 24.99 24.99
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 75.01 75.01 75.01 75.01 75.01
punjab national ba... - 26.00 26.00 26.00 26.00
etihad airways - 24.00 24.00 24.00 24.00
life insurance cor... - 2.07 2.07 2.07 2.07

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Jet Airways (I) - Quaterly Results18 May 2023, 5:16PM Jet Airways (I) - Quaterly Results18 May 2023, 5:16PM Jet Airways (I) - Quaterly Results18 May 2023, 5:16PM Jet Airways (I) - Quaterly Results9 Feb 2023, 6:24PM Jet Airways (I) - Quaterly Results9 Feb 2023, 6:24PM Jet Airways (India) informs about certificate 12 Jan 2023, 2:54PM Jet Airways (India) informs about related party transactions22 Nov 2022, 5:13PM Jet Airways (I) - Quaterly Results11 Nov 2022, 12:00PM Jet Airways (I) - Quaterly Results11 Nov 2022, 12:00PM Jet Airways (I) - Quaterly Results11 Aug 2022, 4:56PM Jet Airways (I) - Quaterly Results11 Aug 2022, 4:56PM Jet Airways (I) - Quaterly Results11 Aug 2022, 4:56PM Jet Airways begins operational hiring 27 Jun 2022, 2:54PM Jet Airways (India) informs about disclosure of related party transactions9 Jun 2022, 3:28PM Jet Airways (I) - Quaterly Results26 May 2022, 5:45PM Jet Airways (I) - Quaterly Results26 May 2022, 5:45PM Jet Airways receives regulatory nod to restart operations: Report21 May 2022, 12:14PM Jet Airways successfully conducts proving flights18 May 2022, 12:32PM Jet Airways conducts first set of three proving flights16 May 2022, 12:45PM Jet Airways (India) informs about compliance certificate12 Apr 2022, 2:20PM Jet Airways’ net loss widens to Rs 104 crore in Q315 Feb 2022, 2:59PM Jet Airways (I) - Quaterly Results14 Feb 2022, 6:14PM Jet Airways (I) - Quaterly Results14 Feb 2022, 6:14PM Jet Airways (India) informs about postponement of monitoring committee meet10 Feb 2022, 4:29PM Jet Airways (India) informs about monitoring committee meeting 5 Feb 2022, 11:35AM Jet Airways (India) informs about clarification6 Jan 2022, 1:18PM Jet Airways in 'advanced discussions' with Boeing, Airbus for aircraft3 Dec 2021, 2:55PM Jet Airways (India) informs about clarification 3 Dec 2021, 12:57PM Jet Airways (India) reports net loss of Rs 306 crore in Q210 Nov 2021, 10:41AM Jet Airways (India) informs about clarification28 Sep 2021, 3:42PM Jet Airways to restart domestic operations in first quarter of 202214 Sep 2021, 4:15PM Jet Airways eyeing to start airline service by Q1 of 2022: Report2 Sep 2021, 3:50PM Jet Airways (India) informs about disclosure related party transactions30 Aug 2021, 1:01PM Jet Airways’ net loss narrows to Rs 129 crore in Q1 10 Aug 2021, 12:00PM Jet Airways (India) informs about 22nd Coc meeting 16 Jun 2021, 10:41AM Jet Airways acquires ownership of six Boeing planes31 Jul 2020, 2:22PM Jet Airways’ lenders likely to invite fresh expression of interest13 May 2020, 10:32AM

Jet Airways (I) Stock Price Analysis and Quick Research Report. Is Jet Airways (I) an attractive stock to invest in?

 

The civil aviation industry in India has emerged as one of the fastest-growing industries in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. 

A rise in the working group and middle-class demography has created a positive demand for the airline sector, to cater to the rising air traffic, the Government of India has been working towards increasing the number of airports. Investments to the tune of ($5.99 to $6.41) are expected in India’s airport infrastructure between FY18-23. While assessing the health of an airline company these financial metrics should be analyzed thoroughly.

Let us have a look into Jet Airways (I) for more understanding.

  • Quick ratio: - It measures an airline company’s short-term liquidity, whether a company can cover all of its short-term debt obligations with its liquid/quick assets. This financial ratio is particularly useful for analyzing airline companies because they are capital-intensive and have significant amounts of debt. Jet Airways (I) has a 0.129635917367407 of which is considered disadvantageous in terms of liquidity.
     
  • Return on Assets: - ROA indicates profitability earned on its assets, Airplane companies have planes as its primary assets, so bulk revenues are generated through Air travels. Jet Airways (I) has a ROA of -31.5018375933348 % which is significantly bad to its peers. 
     
  • Debt to equity ratio: - With significant debt portion and capital expenditures it is a good metric to check out Debt to Equity ratio for an airline company. Jet Airways (I) has a D/E ratio of -0.5558 which is an insignificant indicative measure of financial risk when compared to its peers.
     
  • Cash flows analysis: - Airline companies usually have high fixed costs and major capital expenditures, so it is a good metric to measure the company’s growth and future performance. Jet Airways (I) has weak net cash flows of -96.26 Cr over the year.
Brief about Jet Airways (I)

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