SpiceJet Ltd Stock Price Today (NSE: SPICEJET)

SpiceJet Ltd

SPICEJETAirline
31.70+0.00 (+0.00%)
Market Closed

Fundamental Score

...

SpiceJet Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

SpiceJet Ltd share price today is 31.70, up +0.00% on NSE/BSE as of 17 June 2026. SpiceJet Ltd (SPICEJET) is a Small-cap company in the Airline sector with a market capitalisation of 4.62K (Cr). The 52-week high for SPICEJET share price is N/A and the 52-week low is N/A.

SpiceJet Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
33.40
Low
26.25
Volume
19.2L
Change
+5.32%

SpiceJet Ltd share price chart: 5.32% return over the past month. 52-week high ₹N/A, 52-week low ₹N/A.

SpiceJet Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
31.5031.8531.0531.7017.20L (Cr)
31.3031.7530.9031.1016.61L (Cr)
30.7032.9030.4531.2098.13L (Cr)
32.0532.3026.2530.0520.73L (Cr)
32.4532.4531.9032.005.76L (Cr)
32.4032.4531.8532.108.09L (Cr)
32.4032.8532.2032.308.03L (Cr)
32.5032.8032.1532.309.00L (Cr)
32.4532.6532.0532.209.12L (Cr)
32.0032.2531.6532.107.94L (Cr)

AI Research Briefing

Powered by Gemini · 2026-04-13

SpiceJet is a distressed airline trading on hope, not fundamentals; expect further downside.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDBreakdown: 1M: -13.27%, 3M: -9.07%, 6M: -23.47% [cite: Brief]. Downtrend intact.P/E is nonexistent, indicating a loss-making entity. Industry P/E is 20.95x, making SpiceJet relatively expensive [cite: Brief].

WHAT'S HAPPENING NOW (last 2-4 weeks)

SpiceJet shares initially surged, hitting a 5% upper circuit for three sessions. This rally occurred despite a UK court ordering SpiceJet to pay approximately ($8 million) to an aircraft engine lessor. The stock has since shown mixed performance, influenced by factors like rising crude oil prices and a hike in the windfall tax on aviation fuel. Q3 results revealed a net loss of , a stark contrast to the previous year's profit.

CORE STORY (THE REAL GAME)

SpiceJet is a turnaround play perpetually on the brink. The market is caught between pricing in a phoenix-like recovery and a complete flameout. It's a high-stakes gamble on whether Ajay Singh can pull off yet another financial restructuring.

Why Now
  • Short-term rallies provide exit opportunities.
  • Q3 loss of ₹261 crore highlights ongoing financial strain.
  • ₹70 crore UK court order adds to the debt pile.
Potential Catalysts
  • Successful debt restructuring.
  • Significant equity infusion.
  • Sharp increase in passenger load factor and yields.
Key Risks
  • Small-cap: liquidity risk.
  • Auditor concerns about going concern.
  • High debt and continuous legal battles.
Institutional Activity

Promoter holding decreased by 2.47%, FII decreased by 4.91%, and DII decreased by 0.93% [cite: Brief]. Smart money is exiting.

Macro Context

Rising crude oil prices and increased windfall tax are headwinds.

Order Book / Expansion

MoU signed to acquire 10 aircraft, but no firm order or financial commitment specified.

Cash Flow Quality

No: Free Cash Flow 5Y is ₹-1181.78 Cr [cite: Brief].

3–6 Month Outlook

Expect continued volatility and potential downside. Survival hinges on successful restructuring and operational improvements, both highly uncertain.

Primary Thesis Risk

Inability to service debt and legal liabilities will lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Return on Equity (ROE)

N/A

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

9.10%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

-8.75%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

SpiceJet Ltd Valuation Check

Price to Earnings (P/E)

N/A

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

20.95x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

30.99%

% shares held by company founders/management

Average

FII Holding

6.88%

% shares held by foreign institutional investors

Average

DII Holding

5.36%

% held by domestic mutual funds, LIC, banks

Poor

Promoter Pledged %

47.69%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Poor

Profit Growth (Quarterly YoY)

-43.48%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-14.25%

Revenue growth vs same quarter last year

Poor

Revenue Growth (5-Year CAGR)

-15.63%

Compounded annual revenue growth over 5 years

Excellent

EPS Growth (5-Year CAGR)

15.18%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

15.60%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Debt to Equity Ratio

N/A

Total debt ÷ equity. Below 0.5 = financially healthy

Poor

Interest Coverage Ratio

-1.24x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-1.18K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

SpiceJet Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of SPICEJET across key market metrics for learning purposes.

Positive Indicators

2 factors identified

Excellent EPS Growth (15.18% CAGR)

Observation: Outstanding 5-year earnings per share compound growth.

Analysis: EPS CAGR >15% indicates strong wealth creation potential.

Strong Profit Growth Track Record (15.60% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Risk Factors

9 factors identified

Suboptimal ROCE (9.10%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Margin Pressure Concerns (-8.75%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Profit Decline Concern (-43.48%)

Observation: Significant year-over-year profit contraction observed.

Analysis: Declining profitability requires investigation into underlying causes.

Revenue Contraction (-14.25%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Limited Growth History (-15.63% CAGR)

Observation: Below-average 5-year sales growth trajectory.

Analysis: Low sales CAGR may indicate mature markets or limited growth opportunities.

Weak Interest Coverage (-1.24x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Negative Free Cash Flow (₹-1181.78 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

High Share Pledging Risk (47.69%)

Observation: Significant promoter share pledging creates potential overhang.

Analysis: High pledging levels may create selling pressure during market downturns.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

SpiceJet Ltd vs Airline Peers

Peer Comparison - Airline

Compare SpiceJet Ltd with 4 other companies in the same sector

5 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
0/100
32
₹4618.20
9.10%
Poor
15.60%
Excellent
-15.63%
Poor
0.00%
52.7/100
4570
₹223944.77
44.2
Average
103.80%
Excellent
17.34%
Good
8.8
Poor
53.48%
Excellent
17.71%
Excellent
0.17%
40.6/100
442
₹985.28
20.9
Average
26.22%
Excellent
34.65%
Excellent
0.1
Excellent
0.00%
54.9/100
2962
₹925.38
18.0
Average
24.34%
Excellent
32.73%
Excellent
0.0
Excellent
16.91%
Excellent
7.34%
Good
1.01%
12.9/100
172
₹285.47
-2.97%
Poor
6.66%
Poor
140.9
Poor
3.49%
Average
0.00%

SpiceJet Ltd Quarterly Performance

Latest quarterly metrics for SPICEJET — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-14.25%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

-43.48%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

-15.63%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

15.60%

Compounded annual net profit growth over 5 years

SpiceJet Ltd Financial Statements

Annual income statement, balance sheet and cash flow for SpiceJet Ltd (SPICEJET) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for SpiceJet Ltd

About SPICEJET (SpiceJet Ltd)

SpiceJet Ltd is a vibrant and dynamic Indian airline, instantly recognizable by its bold livery and energetic approach to air travel. Emerging from humble beginnings, SpiceJet has ...established itself as a significant player in the Indian aviation landscape. The airline prides itself on offering a compelling blend of affordability and reliability, connecting diverse corners of the country and venturing into select international destinations. Beyond passenger transport, SpiceJet extends its reach through dedicated freight and logistics services, contributing to the seamless flow of goods and commerce. They are committed to providing passengers with safe and enjoyable air travel experience. The company's operational structure is strategically divided into two core segments: air transport and freighter & logistics services. This allows for a focused approach to both passenger needs and the demands of the cargo industry. Under the widely recognized SpiceJet brand, the airline caters to both leisure and business travelers, providing a range of flight options designed to meet varied budgets and schedules. This includes a host of ancillary services, adding to their revenue streams. The freighter and logistics segment offers efficient and dependable cargo solutions. Headquartered in Gurugram, a bustling hub in India, SpiceJet strategically positions itself to effectively manage its extensive network. Since its incorporation in 1984, the company has navigated the ever-evolving aviation industry, adapting to changing market dynamics and embracing technological advancements. With a commitment to continuous improvement and customer satisfaction, SpiceJet constantly seeks to refine its services, enhance its operational efficiency, and solidify its position as a leading force in the Indian aviation sector. They are focused on improving its operation and efficiency.

Company Details

Symbol:SPICEJET
Industry:Airline
Sector:Airline

Key Leadership

Mr. Ajay Singh
Chairman & MD
Mr. Joyakesh Podder
Deputy Chief Financial Officer
Mr. Ashish Vikram
Chief Technology & Innovation Officer

SPICEJET Share Price: Frequently Asked Questions

What is the current share price of SpiceJet Ltd?

SpiceJet Ltd (SPICEJET) trades at ₹31.70 on NSE and BSE. Market cap ₹4.62K (Cr). Educational data only.

What is the P/E ratio of SpiceJet Ltd?

SpiceJet Ltd has a P/E of N/Ax vs industry average 20.95x.

What is the Bull Run score for SpiceJet Ltd?

SpiceJet Ltd has a Bull Run score of 0/100 based on 25+ financial parameters.

Does SpiceJet Ltd pay dividends?

SpiceJet Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of SpiceJet Ltd?

SpiceJet Ltd has ROE of N/A. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of SpiceJet Ltd?

SpiceJet Ltd has debt-to-equity of N/A.

Is SpiceJet Ltd a good investment?

Bull Run gives SpiceJet Ltd a score of 0/100. This is not investment advice — consult a SEBI-registered advisor.