SpiceJet Ltd
SpiceJet Ltd is principally engaged in the business of providing air transport services for the carriage of passengers and cargo.[1]
- Market Cap ₹ 7,509 Cr.
- Current Price ₹ 58.6
- High / Low ₹ 79.9 / 46.0
- Stock P/E
- Book Value ₹ -33.0
- Dividend Yield 0.00 %
- ROCE 1.64 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -18.5%
- The company has delivered a poor sales growth of -5.00% over past five years.
- Promoter holding is low: 29.1%
- Promoters have pledged 52.8% of their holding.
- Earnings include an other income of Rs.1,552 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
Sector: Air Transport Service Industry: Transport - Airlines
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5,550 | 6,237 | 5,163 | 5,088 | 6,191 | 7,756 | 9,113 | 12,359 | 5,133 | 6,557 | 8,869 | 7,050 | 6,744 | |
5,746 | 7,084 | 5,776 | 4,542 | 5,646 | 6,992 | 9,119 | 11,842 | 4,958 | 7,480 | 9,892 | 7,692 | 7,624 | |
Operating Profit | -195 | -847 | -613 | 546 | 545 | 764 | -6 | 517 | 175 | -923 | -1,023 | -642 | -880 |
OPM % | -4% | -14% | -12% | 11% | 9% | 10% | -0% | 4% | 3% | -14% | -12% | -9% | -13% |
204 | 131 | 218 | 210 | 150 | 127 | 79 | 828 | 987 | 973 | 1,046 | 1,443 | 1,552 | |
Interest | 117 | 139 | 165 | 126 | 66 | 93 | 134 | 546 | 603 | 486 | 507 | 462 | 426 |
Depreciation | 84 | 148 | 127 | 180 | 199 | 231 | 256 | 1,734 | 1,558 | 1,290 | 1,019 | 748 | 711 |
Profit before tax | -191 | -1,003 | -687 | 450 | 431 | 567 | -316 | -935 | -998 | -1,725 | -1,503 | -409 | -464 |
Tax % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | |
-191 | -1,003 | -687 | 450 | 431 | 567 | -316 | -935 | -998 | -1,725 | -1,503 | -409 | -464 | |
EPS in Rs | -3.95 | -18.74 | -11.46 | 7.50 | 7.19 | 9.45 | -5.27 | -15.58 | -16.61 | -28.67 | -24.97 | -5.23 | -7.31 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 1% |
5 Years: | -5% |
3 Years: | 11% |
TTM: | -20% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | -16% |
3 Years: | 17% |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 16% |
5 Years: | -11% |
3 Years: | -5% |
1 Year: | 9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 484 | 535 | 599 | 599 | 599 | 599 | 600 | 600 | 601 | 602 | 602 | 783 |
Reserves | -709 | -1,530 | -1,685 | -1,638 | -1,209 | -642 | -950 | -2,179 | -3,172 | -4,890 | -3,833 | -3,369 |
1,802 | 1,709 | 1,477 | 1,230 | 1,155 | 1,303 | 1,110 | 1,097 | 1,068 | 8,330 | 7,348 | 5,376 | |
1,493 | 2,233 | 2,215 | 2,656 | 2,445 | 2,772 | 4,048 | 13,354 | 12,879 | 5,479 | 6,163 | 6,167 | |
Total Liabilities | 3,071 | 2,947 | 2,607 | 2,847 | 2,991 | 4,032 | 4,807 | 12,872 | 11,376 | 9,520 | 10,280 | 8,957 |
1,794 | 1,877 | 1,714 | 1,628 | 1,620 | 1,598 | 1,604 | 8,681 | 7,000 | 5,540 | 3,973 | 2,536 | |
CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 6 | 5 |
Investments | 0 | 0 | 0 | 20 | 140 | 101 | 0 | 1 | 3 | 3 | 3 | 19 |
1,276 | 1,070 | 893 | 1,199 | 1,231 | 2,333 | 3,203 | 4,190 | 4,367 | 3,972 | 6,297 | 6,396 | |
Total Assets | 3,071 | 2,947 | 2,607 | 2,847 | 2,991 | 4,032 | 4,807 | 12,872 | 11,376 | 9,520 | 10,280 | 8,957 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-54 | 59 | -411 | 711 | 496 | 1,046 | 456 | 1,778 | 226 | 978 | 93 | -613 | |
-741 | -50 | 304 | -275 | -491 | -806 | -146 | -156 | 210 | -122 | 561 | 36 | |
791 | -221 | 126 | -379 | -62 | -140 | -364 | -1,659 | -435 | -876 | -632 | 732 | |
Net Cash Flow | -3 | -212 | 19 | 58 | -57 | 100 | -54 | -37 | 1 | -20 | 23 | 154 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 7 | 9 | 9 | 3 | 4 | 4 | 6 | 9 | 25 | 14 | 6 | 10 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 7 | 9 | 9 | 3 | 4 | 4 | 6 | 9 | 25 | 14 | 6 | 10 |
Working Capital Days | -60 | -106 | -121 | -141 | -102 | -97 | -77 | -117 | -342 | -155 | -147 | -191 |
ROCE % | -6% | -75% | -105% | 178% | 124% | 72% | -12% | -269% | -91% | -24% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
13h - SpiceJet clears all pending statutory dues and liabilities.
-
Book Closure For The Purpose Of 40Th Annual General Meeting
7 Dec - Book closure for 40th Annual General Meeting.
-
Business Responsibility and Sustainability Reporting (BRSR)
7 Dec - Submission of Business Responsibility and Sustainability Report for FY 2023-24.
- Reg. 34 (1) Annual Report. 7 Dec
- Notice Of 40Th Annual General Meeting Of Spicejet Limited 7 Dec
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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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 bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
Concalls
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Sep 2024TranscriptNotesPPT
Company Overview
SpiceJet is a low-cost airline operating in India primarily. It operates the maximum number of UDAN flights in India. It operates ~250 daily flights to 48 destinations within India and to international destinations. Its fleet includes Boeing 737 Max, Boeing 700 and Q400s. [1]