SpiceJet Ltd Stock Price Today (NSE: SPICEJET)
Fundamental Score
SpiceJet Ltd Share Price Live NSE/BSE & Institutional Fundamental Analysis
SpiceJet Ltd share price today is ₹32.67, up +0.00% on NSE/BSE as of 2 January 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
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
SpiceJet Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
SpiceJet Share Price: A ROCE-Focused Analysis
Airlines operate in a notoriously challenging environment, where volatile fuel prices and intense competition often erode profitability. This analysis focuses on the Return on Capital Employed (ROCE) of SpiceJet Ltd (NSE: SPICEJET) as a key indicator of its financial health and efficiency. Currently trading at ₹32.67, the SpiceJet share price warrants careful consideration in light of its operational performance. With a reported ROCE of 9.1% and a lack of Price-to-Earnings (PE) ratio, a deeper examination is required to assess the investment potential.
ROCE measures how effectively a company generates profits from its capital. A 9.1% ROCE suggests SpiceJet is generating a moderate return on its investments. To put this into perspective, consider its peers. While directly comparable ROCE data for all competitors like FlySBS Aviation and Taal Enterprises Ltd may not be immediately available,
InterGlobe Aviation Ltd, the parent company of IndiGo, often demonstrates significantly different operational efficiencies, partly due to perceived differences in management quality and strategic execution. This disparity highlights the importance of analyzing factors beyond raw financials.The sustainability of SpiceJet's 9.1% ROCE is crucial for building a strong economic moat. A higher and more consistent ROCE indicates a company's ability to reinvest profits and create a competitive advantage. Without a robust ROCE, the company might struggle to fund growth initiatives, upgrade its fleet, and effectively compete with airlines possessing superior operational efficiency. The absence of a PE ratio implies either negative earnings or inconsistent profitability, further emphasizing the importance of ROCE as a key valuation metric.
This analysis is part of a comprehensive 80-parameter fundamental audit, meticulously verified by Sweta Mishra. The observations presented here are based solely on publicly available data and financial ratios. It is important to note that this analysis does not constitute investment advice. The purpose is solely to present an objective evaluation of SpiceJet's financial performance based on its current ROCE within the competitive airline industry.
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 Financial Statements
Comprehensive financial data for SpiceJet Ltd including income statement, balance sheet and cash flow
About SPICEJET (SpiceJet Ltd)
SpiceJet Ltd (SPICEJET) is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) of India. The company operates in the Airline sector with a current market capitalisation of ₹4.62K (Cr). Investors tracking SPICEJET share price can monitor key metrics including P/E ratio, promoter holding of 30.99%, and quarterly earnings growth.
Company Details
Key Leadership
Latest News
SPICEJET Share Price: Frequently Asked Questions
What is the current share price of SpiceJet Ltd (SPICEJET)?
As of 02 Jan 2026, 05:16 pm IST, SpiceJet Ltd share price is ₹32.67. The SPICEJET stock has a market capitalisation of ₹4.62K (Cr) on NSE/BSE.
Is SPICEJET share price Overvalued or Undervalued?
SPICEJET share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 20.95x. Based on this relative valuation, the SpiceJet Ltd stock appears to be Fairly Valued against its sector peers.
What is the 52-week high and low of SPICEJET share price?
The 52-week high of SPICEJET share price is ₹N/A and the 52-week low is ₹N/A.
What factors affect the SpiceJet Ltd share price?
Key factors influencing SPICEJET share price include quarterly earnings growth (Sales Growth: -14.25%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is SpiceJet Ltd a good stock for long-term investment?
SpiceJet Ltd shows a 5-year Profit Growth of 15.60% and an ROE of N/A%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of N/A before investing in SPICEJET shares.
How does SpiceJet Ltd compare with its industry peers?
SpiceJet Ltd competes with major peers in the Airline. Investors should compare SPICEJET share price P/E of 0.00x and ROE of N/A% against the industry averages to determine competitive standing.
What is the P/E ratio of SPICEJET and what does it mean?
SPICEJET share price has a P/E ratio of N/Ax compared to the industry average of 20.95x. Investors pay ₹N/A for every ₹1 of annual earnings.
How is SPICEJET performing according to Bull Run's analysis?
SPICEJET has a Bull Run fundamental score of N/A/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does SPICEJET belong to?
SPICEJET operates in the Airline industry. This classification helps understand the competitive landscape and sector-specific trends affecting SpiceJet Ltd share price.
What is Return on Equity (ROE) and why is it important for SPICEJET?
SPICEJET has an ROE of N/A%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently SpiceJet Ltd generates profits from shareholders capital.
How is SPICEJET debt-to-equity ratio and what does it indicate?
SPICEJET has a debt-to-equity ratio of N/A, which indicates conservative financing with low financial risk.
What is SPICEJET dividend yield and is it a good dividend stock?
SPICEJET offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in SpiceJet Ltd shares.
How has SPICEJET share price grown over the past 5 years?
SPICEJET has achieved 5-year growth rates of: Sales Growth -15.63%, Profit Growth 15.60%, and EPS Growth 15.18%.
What is the promoter holding in SPICEJET and why does it matter?
Promoters hold 30.99% of SPICEJET shares, with 47.69% pledged. High promoter holding often indicates strong management confidence in SpiceJet Ltd.
What is SPICEJET market capitalisation category?
SPICEJET has a market capitalisation of ₹4618 crores, placing it in the Small-cap category.
How volatile is SPICEJET stock?
SPICEJET has a beta of N/A. A beta > 1 suggests the SpiceJet Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is SPICEJET operating profit margin trend?
SPICEJET has a 5-year average Operating Profit Margin (OPM) of -8.75%, indicating the company's operational efficiency.
How is SPICEJET quarterly performance?
Recent quarterly performance shows SpiceJet Ltd YoY Sales Growth of -14.25% and YoY Profit Growth of -43.48%.
What is the institutional holding pattern in SPICEJET?
SPICEJET has FII holding of 6.88% and DII holding of 5.36%. Significant institutional holding often suggests professional confidence in the SpiceJet Ltd stock.