Jet Airways (India) Ltd
Incorporated in 1993, Jet Airways Ltd provides scheduled air transportation which includes carriage of passengers, cargo and allied services[1]
- Market Cap ₹ 388 Cr.
- Current Price ₹ 34.2
- High / Low ₹ /
- Stock P/E
- Book Value ₹ -628
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.78% over past five years.
- Promoter holding is low: 25.0%
- Contingent liabilities of Rs.6,904 Cr.
- Earnings include an other income of Rs.589 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 10,289 | 13,078 | 11,944 | 14,488 | 16,703 | 19,410 | 19,036 | 20,966 | 23,081 | 22,693 | 24,511 | |
| 10,808 | 15,375 | 10,998 | 13,059 | 17,021 | 18,706 | 21,669 | 20,646 | 20,731 | 21,159 | 24,354 | |
| Operating Profit | -520 | -2,297 | 946 | 1,429 | -318 | 704 | -2,633 | 319 | 2,350 | 1,534 | 156 |
| OPM % | -5% | -18% | 8% | 10% | -2% | 4% | -14% | 2% | 10% | 7% | 1% |
| 1,033 | 2,058 | 661 | 491 | 828 | 641 | 466 | -59 | 733 | 1,442 | 589 | |
| Interest | 522 | 802 | 1,047 | 1,184 | 1,006 | 1,194 | 1,084 | 1,597 | 885 | 859 | 849 |
| Depreciation | 802 | -14 | 969 | 784 | 945 | 929 | 878 | 765 | 996 | 672 | 621 |
| Profit before tax | -812 | -1,027 | -410 | -49 | -1,440 | -779 | -4,129 | -2,101 | 1,202 | 1,445 | -725 |
| Tax % | -19% | -6% | 2% | 77% | -1% | 0% | -0% | 0% | 0% | -0% | 0% |
| -654 | -961 | -420 | -86 | -1,420 | -780 | -4,130 | -2,097 | 1,212 | 1,499 | -636 | |
| EPS in Rs | -75.74 | -111.36 | -48.67 | -9.94 | -164.49 | -90.32 | -363.54 | -184.64 | 106.66 | 131.93 | -56.03 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 5% |
| 3 Years: | 5% |
| TTM: | 8% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 9% |
| 3 Years: | 17% |
| TTM: | -155% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -24% |
| 5 Years: | -19% |
| 3 Years: | -16% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 86 | 86 | 86 | 86 | 86 | 86 | 114 | 114 | 114 | 114 | 114 |
| Reserves | 4,065 | 2,111 | 1,643 | 1,510 | -96 | -1,914 | -4,288 | -6,438 | -5,324 | -6,619 | -7,253 |
| 12,618 | 16,909 | 14,418 | 12,644 | 13,282 | 11,427 | 10,577 | 11,903 | 10,813 | 9,078 | 8,403 | |
| 4,683 | 4,113 | 4,520 | 6,154 | 7,278 | 9,087 | 11,140 | 12,109 | 12,312 | 10,341 | 11,742 | |
| Total Liabilities | 21,452 | 23,219 | 20,667 | 20,395 | 20,549 | 18,686 | 17,541 | 17,687 | 17,914 | 12,914 | 13,006 |
| 15,985 | 18,167 | 16,328 | 15,510 | 15,671 | 12,662 | 10,817 | 9,234 | 8,807 | 4,897 | 3,609 | |
| CWIP | 1,303 | 657 | 333 | 32 | 2 | 0 | 0 | 19 | 4 | 709 | 25 |
| Investments | 10 | 100 | 100 | 80 | 2 | 2 | 666 | 670 | 1,179 | 1,283 | 837 |
| 4,154 | 4,294 | 3,906 | 4,773 | 4,874 | 6,022 | 6,058 | 7,764 | 7,924 | 6,025 | 8,535 | |
| Total Assets | 21,452 | 23,219 | 20,667 | 20,395 | 20,549 | 18,686 | 17,541 | 17,687 | 17,914 | 12,914 | 13,006 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 453 | -430 | 1,669 | 1,729 | 2,293 | 1,880 | 1,012 | 738 | 2,512 | 1,011 | 1,710 | |
| -6,155 | -959 | 218 | -17 | 310 | 1,673 | -266 | -217 | -717 | 1,600 | -362 | |
| 5,591 | 1,084 | -2,162 | -1,676 | -2,682 | -3,480 | -572 | 140 | -2,458 | -2,390 | -1,565 | |
| Net Cash Flow | -111 | -305 | -276 | 37 | -79 | 74 | 174 | 660 | -663 | 221 | -216 |
| Free Cash Flow | -5,359 | -394 | 1,607 | 1,604 | 2,457 | 3,771 | 1,443 | 726 | 2,246 | 2,350 | 834 |
| CFO/OP | -99% | 15% | 184% | 122% | -649% | 271% | -41% | 230% | 107% | 61% | 1,090% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 23 | 27 | 26 | 30 | 25 | 25 | 24 | 26 | 21 | 19 |
| Inventory Days | |||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 50 | 23 | 27 | 26 | 30 | 25 | 25 | 24 | 26 | 21 | 19 |
| Working Capital Days | -47 | -36 | -44 | -167 | -175 | -165 | -201 | -194 | -158 | -137 | -127 |
| ROCE % | -9% | 3% | 6% | -5% | 0% | -39% | 2% | 35% | 44% | 10% |
Insights
In beta| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|---|---|---|---|---|
| Available Seat Kilometers (ASKM) Millions |
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| Boeing 737 Aircraft Utilization Hours per day ・Standalone data |
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| Cargo Carried Tonnes |
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| Fleet Size Number of Aircraft |
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| Passenger Load Factor (PLF) % |
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| Revenue Passenger Kilometers (RPKM) Millions |
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| Revenue Passengers Millions |
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Documents
Announcements
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Public Announcement For E-Auction
20 Mar - Jet Airways corrects Boeing 777-300ER (35157-VT-JET), engines and APU in March 5 e-auction filing.
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Public Announcement For E-Auction
5 Mar - Two Boeing 777s up for e-auction under Jet Airways liquidation; reserves INR 1,71,80,50,000 and INR 1,84,95,00,000; auction March 27, 2026.
-
Intimation Regarding Agreement To Sale The Asset
11 Feb - Sold three aircraft and engines to Ace Aviation VIII/X/IX (Malta) for USD 16M, 12.5M, 17.5M under liquidation.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jan
-
Announcement under Regulation 30 (LODR)-Change in Management
2 Sep 2025 - Ms. Kirti appointed Company Secretary effective 18 Aug 2025; delayed stock-exchange dissemination.
Annual reports
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
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Financial Year 2009
from bse
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Financial Year 2008
from bse
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Financial Year 2007
from bse
Concalls
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Nov 2017TranscriptAI SummaryPPT
Business Overview:[1]
Company operated and flew to 65+ destinations in India and across the world, with hubs in Mumbai, Delhi, Bengaluru, and gateways in Amsterdam, Paris, London, and Abu Dhabi. It operated 124 narrow-body and wide-body aircraft on nearly 1000 domestic and international routes. Etihad Airways held 24% stake in the company