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SpiceJet share price

SpiceJet Ltd.

NSE: SPICEJET BSE: 500285 SECTOR: Airlines  200k   774   161

55.81
0 0
BSE: 22 Nov 04:00 PM

Price Summary

Today's High

₹ 56.4

Today's Low

₹ 54.25

52 Week High

₹ 79.9

52 Week Low

₹ 42.05

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationAttractive
The stock is considerably attractive based on 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

7153.09 Cr.

Enterprise Value

8304.74 Cr.

No. of Shares

128.17 Cr.

P/E

0

P/B

22.39

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  2.49

CASH

33.61 Cr.

DEBT

1185.27 Cr.

Promoter Holding

29.13 %

EPS (TTM)

₹  -3.62

Sales Growth

35.25%

ROE

0 %

ROCE

0%

Profit Growth

12.89 %

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

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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

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Ratios

Sales Growth

1 Year35.25%
3 Year-10.47%
5 Year2.72%

Profit Growth

1 Year12.89%
3 Year-26.81%
5 Year-221.54%

ROE%

1 Year0%
3 Year0%
5 Year0%

ROCE %

1 Year0%
3 Year0%
5 Year-54.31%

Debt/Equity

-0.3661

Price to Cash Flow

76.93

Interest Cover Ratio

-1.84958763863873

CFO/PAT (5 Yr. Avg.)

0

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 29.13 52.78
Jun 2024 47.66 38.78
Mar 2024 48.27 38.78
Dec 2023 55.28 38.76
Sep 2023 56.53 37.91
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 14.5168415486129 days.

 Limitations

  • The company has shown a poor profit growth of -26.8085142713573% for the Past 3 years.
  • The company has shown a poor revenue growth of -10.4705641124559% for the Past 3 years.
  • Company has a poor ROE of 0% over the past 3 years.
  • Promoter pledging has increased from 38.7758526994478% to 52.78% in 1 quarter.
  • Company has a poor ROCE of 0% over the past 3 years
  • Tax rate is low at 0.
  • The company has a low EBITDA margin of -4.30794983462476% over the past 5 years.
  • The company has negative book value.
  • Promoter stake has been decreased from 47.66% to 29.13%.
  • Promoter pledging is high as 52.78%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
Net Sales 2001.74 1425.29 1903.57 1719.37 1695.52
Total Expenditure 1734.16 1856.5 2142.07 1964.43 1660.55
Operating Profit 267.58 -431.22 -238.5 -245.06 34.97
Other Income 266.32 300.58 245.11 634.99 371.69
Interest 122.08 113.25 125.52 100.48 86.85
Depreciation 207.25 187.66 182.55 170.45 169.85
Exceptional Items 0 0 0 0 0
Profit Before Tax 204.56 -431.54 -301.46 119 149.96
Tax 0 0 0 0 0
Profit After Tax 204.56 -431.54 -301.46 119 149.96
Adjusted EPS (Rs) 3.4 -6.31 -4.41 1.52 1.89

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 9113.25 12358.64 5133.38 6557.33 8868.84
Total Expenditure 9090.84 11826.9 5181.62 7465.37 9871.09
Operating Profit 22.42 531.74 -48.25 -908.04 -1002.25
Other Income 144.78 847.66 1090.07 1051.31 1046.05
Interest 163.59 580.23 482.17 501.55 527.45
Depreciation 256.23 1733.93 1557.96 1289.73 1019.36
Exceptional Items -63.47 0 0 -77.46 0
Profit Before Tax -316.08 -934.76 -998.3 -1725.47 -1503.02
Tax 0 0 0 0 0
Net Profit -316.08 -934.76 -998.3 -1725.47 -1503.02
Adjusted EPS (Rs.) -5.27 -15.58 -16.61 -28.67 -24.97

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 599.72 600.08 600.94 601.8 601.85
Total Reserves -950.4 -2179.34 -3172.47 -4890.23 -3833.45
Borrowings 556.63 459.3 302.67 312.88 465.59
Other N/C liabilities 966.58 7436.95 5880.12 4966.72 3346.45
Current liabilities 3634.43 6554.81 7748.33 8529.2 9699.34
Total Liabilities 4806.95 12871.79 11359.6 9520.38 10279.77
Assets
Net Block 1603.77 8680.95 7000.15 5540.21 3973.1
Capital WIP 0 0 5.84 6.03 6.03
Intangible WIP 0 0 0 0 0
Investments 0.05 0.12 2.15 2.11 2.76
Loans & Advances 1043.16 1963.92 1284.9 1240.88 1474.08
Other N/C Assets 785.91 0 504.08 610.61 2705.43
Current Assets 1374.06 2226.8 2562.49 2120.54 2118.38
Total Assets 4806.95 12871.79 11359.6 9520.38 10279.77
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations -252.62 -934.76 -998.3 -1725.47 -1503.02
Adjustment 877.28 2918.08 1573.17 1869.76 1190.3
Changes in Assets & Liabilities -163.08 -172.53 -385.52 891.14 448.63
Tax Paid -5.26 -32.68 36.57 -57.75 -42.94
Operating Cash Flow 456.33 1778.12 225.92 977.68 92.98
Investing Cash Flow -146.32 -155.95 210.04 -121.82 561.42
Financing Cash Flow -363.73 -1658.96 -434.51 -875.88 -631.64
Net Cash Flow -53.72 -36.79 1.44 -20.02 22.76

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 56.53 55.28 48.27 47.66 29.13
ajay singh 44.48 43.45 37.95 37.48 22.90
ajay singh huf 7.01 6.80 5.92 5.85 3.54
kalpana singh 0.04 0.04 0.04 0.04 0.02
spice healthcare private ... 4.99 4.99 4.36 4.31 2.67
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 43.47 44.72 51.73 52.34 70.87
aries opportunities fund ... - - 5.11 5.04 3.12
bandhan infrastructure fu... - - - - 1.46
bofa securities europe sa... - - - - 1.26
discovery global opportun... - - - - 3.17
goldman sachs (singapore)... - - - - 1.80
societe generale - odi - - - - 1.59
tata multi asset opportun... - - - - 1.58
troo capital ltd - - - - 2.04
volrado venture partners ... - - - - 1.39
sasof ii (j) aviation ire... 1.18 1.18 1.03 1.02 -
sasof iii (a6) aviation i... - - - 1.10 -
sasof iii (a6) aviation i... - 1.27 1.11 - -
sasof iii (a6) aviation i... 1.27 - - - -

Ratings & Research Reports

Company Presentations

Company News

SpiceJet pays $22.5 million to resolve $90.8 million EDC dispute 15 Nov, 12:15 PM Spicejet informs about press release 14 Nov, 5:22 PM SpiceJet launches eight new flights 6 Nov, 2:09 PM SpiceJet informs about press release 4 Nov, 1:07 PM Spicejet informs about press release 29 Oct, 1:41 PM SpiceJet informs about press release 28 Oct, 12:31 PM SpiceJet launches 32 new flights for winter schedule 28 Oct, 11:55 AM SpiceJet informs about disclosure 17 Oct, 11:00 AM Spicejet informs about press release 16 Oct, 5:18 PM SpiceJet informs about press release 15 Oct, 1:50 PM Spicejet informs about press release 10 Oct, 2:48 PM SpiceJet commences UDAN flights connecting Shivamogga with Chennai, Hyderabad 10 Oct, 12:30 PM SpiceJet to induct ten planes by November-end 9 Oct, 12:58 PM SpiceJet informs about press release 9 Oct, 12:16 PM SpiceJet informs about press release 24 Sep, 10:20 AM Spicejet informs about press release 23 Sep, 4:55 PM SpiceJet raises Rs 3000 crore through QIP 23 Sep, 12:42 PM SpiceJet informs about preliminary placement document 17 Sep, 9:50 AM SpiceJet reports passenger load factor of 81% in August 14 Sep, 2:03 PM SpiceJet reports passenger load factor of 90.3% in July 20 Aug, 12:30 PM SpiceJet reports 20% fall in Q1 consolidated net profit 14 Aug, 5:22 PM SpiceJet - Quaterly Results 14 Aug, 4:29 PM SpiceJet - Quaterly Results 14 Aug, 4:29 PM SpiceJet - Quaterly Results 14 Aug, 4:29 PM SpiceJet informs about press release 29 Jul, 9:43 AM SpiceJet reports passenger load factor of 91.5% in June 17 Jul, 11:40 AM SpiceJet - Quaterly Results 15 Jul, 7:19 PM SpiceJet - Quaterly Results 15 Jul, 7:19 PM SpiceJet discontinues direct flight services between Hyderabad - Ayodhya 13 Jun, 11:29 AM SpiceJet to upgrade daily Delhi-Bangkok flight to wide-body Airbus A340 23 May, 2:29 PM SpiceJet informs about press release 22 May, 12:53 PM SpiceJet reports passenger load factor of 90.9% in April 21 May, 2:30 PM Spicejet informs about press release 13 May, 5:25 PM SpiceJet to commence daily non-stop flights connecting Delhi and Phuket from May 31 13 May, 12:29 PM Spicejet informs about compliance certificate 16 Apr, 5:11 PM SpiceJet resumes flight operations to Sikkim’s Pakyong airport from Kolkata, Delhi 5 Apr, 2:30 PM SpiceJet informs about press release 2 Apr, 11:47 AM Spicejet informs about closure of trading window 27 Mar, 4:35 PM SpiceJet to introduce two wide-body A340 aircraft for Haj operations 15 Mar, 2:28 PM SpiceJet informs about press release 15 Mar, 11:42 AM SpiceJet informs about press release 14 Mar, 2:34 PM SpiceJet settles Rs 250 crore dispute with Celestial Aviation 29 Feb, 12:23 PM Spicejet informs about disclosure 26 Feb, 2:37 PM SpiceJet raises additional Rs 316 crore 23 Feb, 12:10 PM SpiceJet informs about press release 2 Feb, 5:12 PM SpiceJet informs about disclosure 30 Jan, 11:07 AM Spicejet informs about outcome of board meeting 27 Jan, 10:51 AM SpiceJet reports passenger load factor of 93.5% in December 16 Jan, 12:08 PM SpiceJet informs about press release 15 Jan, 12:13 PM SpiceJet to launch non-stop flights connecting Ayodhya with Chennai, Bengaluru, Mumbai 15 Jan, 11:52 AM

SpiceJet Stock Price Analysis and Quick Research Report. Is SpiceJet 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.

SpiceJet stock price today is Rs 31.7. Let us have a look into SpiceJet 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. SpiceJet has a 0.202299612847535 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. SpiceJet has a ROA of -15.1818554496736 % 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. SpiceJet has a D/E ratio of -0.3661 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. SpiceJet has weak net cash flows of 22.7569999999999 Cr over the year.
     
  • Share Price: - The current share price of SpiceJet is Rs 31.7. One can use valuation calculators of ticker to know if SpiceJet share price is undervalued or overvalued.
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Brief about SpiceJet

SpiceJet Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

SpiceJet Ltd. is an Indian low-cost airline headquartered in Gurgaon, India. The company was founded in 2004 and has since grown to become one of the leading airlines in the country. SpiceJet operates both domestic and international flights, offering affordable travel options to millions of passengers. With a focus on providing great value for money, SpiceJet has built a strong reputation for its reliable service and customer satisfaction.

SpiceJet Ltd. - Share Price

The share price of SpiceJet Ltd. is an important indicator for investors looking to analyze the company's performance in the stock market. It reflects the market's perception of the company's financial health and future prospects. By tracking the share price, investors can gauge the demand for SpiceJet's stock and monitor any fluctuations in its value over time. Our pre-built screening tools allow investors to easily track the share price of SpiceJet and identify potential buying or selling opportunities.

SpiceJet Ltd. - Balance Sheet

The balance sheet of SpiceJet Ltd. provides a snapshot of the company's financial position at a given point in time. It presents a summary of its assets, liabilities, and shareholders' equity. By analyzing the balance sheet, investors can assess the company's liquidity, solvency, and overall financial stability. Our premium features include tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, which enable investors to calculate the fair value of SpiceJet based on its balance sheet.

SpiceJet Ltd. - Annual Report

The annual report of SpiceJet Ltd. is a comprehensive document that provides detailed information about the company's financial performance, strategies, and operations over the past year. It includes key financial statements, management discussions, and analysis, as well as disclosures about risks and uncertainties. Our website provides downloadable copies of SpiceJet's annual reports, allowing investors to gain deep insights into the company's performance and make informed investment decisions.

SpiceJet Ltd. - Dividend

Dividends are a portion of a company's profits distributed to its shareholders as a reward for their investment. The dividend policy of SpiceJet Ltd. determines how much of its earnings are distributed as dividends. By analyzing the company's dividend history and payout ratio, investors can assess its commitment to returning value to shareholders. Our website provides dividend-related information for SpiceJet, helping long-term investors evaluate the potential income from their investments.

SpiceJet Ltd. - Quarterly Result

SpiceJet publishes its quarterly results to provide investors with up-to-date information on its financial performance. The quarterly result includes key financial indicators, such as revenue, earnings, and margins, which give insights into the company's short-term financial health. By analyzing these results, investors can track the company's progress, identify trends, and make informed decisions about their investment in SpiceJet. Our premium features enable investors to conduct in-depth analysis of the quarterly results using tools such as DCF Analysis and DuPont analysis.

SpiceJet Ltd. - Stock Price

The stock price of SpiceJet Ltd. reflects the market's valuation of the company and represents the price at which shares of SpiceJet are bought and sold on the stock exchange. By closely monitoring the stock price, investors can identify trends, patterns, and potential opportunities for buying or selling the stock. Our pre-built screening tools allow investors to easily track the stock price of SpiceJet and conduct technical analysis to make informed investment decisions.

SpiceJet Ltd. - Price Chart

Price charts are graphical representations of the historical stock prices of SpiceJet Ltd. By analyzing price charts, investors can identify patterns, trends, and support/resistance levels that can help in making investment decisions. Our pre-built screening tools provide interactive price charts for SpiceJet, allowing investors to analyze the stock's performance over various time periods.

SpiceJet Ltd. - News

Staying updated with the latest news about SpiceJet Ltd. is crucial for investors who want to make informed investment decisions. Our website offers a dedicated section for news related to SpiceJet, providing investors with timely updates on company announcements, industry trends, and market developments. By staying informed, investors can quickly react to news events that may impact the company's stock performance.

SpiceJet Ltd. - Concall Transcripts

Concall transcripts are transcripts of conference calls conducted by SpiceJet Ltd.'s management with analysts and investors. These transcripts provide valuable insights into the company's future plans, industry trends, and management outlook. Our website offers downloadable copies of SpiceJet's concall transcripts, allowing investors to gain a deeper understanding of the company's strategies and make informed investment decisions.

SpiceJet Ltd. - Investor Presentations

Investor presentations are a key resource for investors to understand SpiceJet Ltd.'s business strategies, financial performance, and growth prospects. These presentations provide a summary of the company's operations, market position, and future plans. Our website offers downloadable copies of SpiceJet's investor presentations, enabling investors to analyze the company's strategies and evaluate its investment potential.

SpiceJet Ltd. - Promoters

The promoters of SpiceJet Ltd. are the individuals or entities who founded and established the company. They play a crucial role in shaping the company's vision, strategy, and long-term growth plans. Understanding the promoters' background, experience, and stake in the company can provide valuable insights for investors. Our website provides information about the promoters of SpiceJet, allowing investors to evaluate their credibility and commitment to the company's success.

SpiceJet Ltd. - Shareholders

Shareholders are individuals or entities who own shares of SpiceJet Ltd. Understanding the composition of the company's shareholder base can provide insights into the level of institutional ownership, promoter holdings, and the collective interest in the company's success. Our website offers information about the key institutional shareholders and other significant shareholders of SpiceJet, helping investors understand the ownership structure and potential shareholder influence.

As a website focused on providing stock analysis for long-term investors, we aim to provide comprehensive information about SpiceJet Ltd.'s company profile, share price, balance sheet, annual report, dividend history, quarterly results, stock price, price charts, news updates, concall transcripts, investor presentations, promoters, and shareholders. Our proprietary screening tools and premium features, such as fair value calculation using tools like DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, enable investors to conduct in-depth analysis and make informed investment decisions. Explore our website to access downloadable resources and gain valuable insights into SpiceJet Ltd.'s stock performance and investment potential.

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