SpiceJet Ltd Share Price
(500285)
₹45.91▲2.66%
as on 04:01PM, 28 Feb 2025
SpiceJet Ltd Performance
Day's Low
Day's High
₹42.4Day's Price Range₹46.4952 Week's Low
52 Week's High
₹39.9152-Week Price Range₹79.9
| Returns % | |
| 1 Month Return | -10.73 % |
| 3 Month Return | -26.3 % |
| 1 Year Return | -28.32 % |
| Market Stats | |
| Previous Close | ₹44.72 |
| Open | ₹43.50 |
| Volume | 1.06Cr |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,884.22Cr |
SpiceJet Ltd Key Statistics
P/E Ratio
-30.01
PEG Ratio
-4.39
Market Cap
₹5,884.22 Cr
P/B Ratio
-1.66
EPS
-5.41
Dividend Yield
0Sector
Air Transport Service
ROE
0SpiceJet Ltd Mutual Fund Holdings
SpiceJet Ltd Analyst Rating
based on 1 analysts
0.00%
Buy
0.00%
Hold
100.00%
Sell
Based on 1 analysts offering long term price targets for SpiceJet Ltd. An average target of ₹26
Source: S&P Global Market Intelligence
SpiceJet Ltd Share analysis
SpiceJet Ltd price forecast by 1 analysts
Downside of
High
₹26
Target
₹26.00
Low
₹26
SpiceJet Ltd target price ₹26, a slight downside of -43.37% compared to current price of ₹45.91. According to 1 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
SpiceJet Ltd revenue growth forecast
Expected growth rate Q1, FY2027:64.91%
Forecast
Actual
Including amortisation and stock based compensations
SpiceJet Ltd EPS growth forecast
EPS estimate Q1, FY2027:
Forecast
Actual
Source: S&P Global Market Intelligence
Key events for SpiceJet Ltd
SpiceJet Reports Profit Amid Stock Price Volatility - 27 Feb, 2025
SpiceJet reported a profit of ₹20.44 crore in Q3 FY25, despite a revenue decline. However, shares fell over 8% after Nuvama cut its target price, raising concerns about financial transparency and operational performance.SpiceJet Reports Profit Amid Financial Recovery - 26 Feb, 2025
SpiceJet announced a net profit of ₹24.9 crore for Q3FY25, a significant recovery from last year's loss. The airline raised ₹3,000 crore, improving liquidity and net worth. Despite challenges, including declining market share, SpiceJet's recent performance indicates a potential shift toward stability.SpiceJet Resumes 737 MAX Operations Boosting Investor Sentiment - 25 Feb, 2025
SpiceJet announced the re-induction of its first grounded 737 MAX aircraft into service, set to resume operations on January 29, 2025. This move is expected to enhance flights to high-demand markets like Jeddah and Riyadh, positively impacting investor sentiment and stock prices.SpiceJet Expands Operations for Kumbh Mela - 20 Feb, 2025
SpiceJet is enhancing its operations for the upcoming Kumbh Mela, operating 125 weekly departures from nine cities and introducing direct flights from Ahmedabad and Guwahati.Morgan Stanley Acquires Stake in SpiceJet - 13 Feb, 2025
Morgan Stanley Asia has acquired a 1.53% stake in SpiceJet, purchasing 195.76 lakh equity shares. SpiceJet's shares rose by 4% to Rs 45.83, with a market cap of Rs 5,873.97 crore.SpiceJet's CMD Praises Budget for Economic Growth - 01 Feb, 2025
Ajay Singh, CMD of SpiceJet, commends the budget as middle-class-friendly, highlighting the modified UDAN scheme's potential to enhance air travel and economic growth.SpiceJet Receives Rating Upgrade, Shares Rise - 30 Jan, 2025
SpiceJet's shares increased over 3% following a 'BB-' rating upgrade from CARE Ratings, indicating improved liquidity and successful turnaround efforts. The airline's financial recovery is supported by recent fundraising and operational efficiency.
Insights on SpiceJet Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, -457.87 Cr → 20.44 Cr (in ₹), with an average increase of 2340.1% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.07K Cr → 1.65K Cr (in ₹), with an average increase of 34.8% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 39.55% to 47.54% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Interglobe Aviation Ltd has given 41.8% return, outperforming this stock by 70.1%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 29.13% of holdings in Dec 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, Interglobe Aviation Ltd has given 148.0% return, outperforming this stock by 171.1%
NEGATIVE IMPACTPrice Dip
In the last 3 years, SPICEJET stock has moved down by -23.1%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 3.83% to 3.09% in Dec 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 22.87% to 15.76% in Dec 2024 quarter
News
Nuvama Cuts SpiceJet Share Price Target Amid Financial Concerns
The firm raised concerns about airlines lack of transparency in financial data, a sharp 41% drop in available seat kilometres (ASKM), and that 30% of its aircraft remained grounded in Q2. SpiceJets stock on Thursday took a hit by falling over 8 per cent during an intra-day low as the brokerage firm Nuvama slashed its target price by 14 per cent, while maintaining a Hold rating. At the closing bell, the share saw a slight recovery to close at Rs44.72, down by Rs3.25 or 6.78 per cent. A day ago, on February 26, the low-cost airline also witnessed a sharp decline (on-year) in its revenue in Q3 of the current financial year (FY25) to Rs 1,178.7 crore from Rs 1,850.4 crore in a year-ago period (Q3 FY24). According to its exchange filing, the company suffered an increase in its net loss, which widened to Rs 441.7 crore in the July-September quarter (Q2 FY25). It also successfully raised Rs 3,000 crore from institutional investors, pushing its net worth to Rs 70 crore - the first time in a decade that the airline is not in the red. However, Nuvama pointed out that the Rs3,000 crore fundraising would primarily be used to clear dues and bring grounded planes back into service, making the road to full recovery a slow one. The brokerage also warned that if the economy weakens, corporate and leisure travel demand could decline, negatively impacting the airlines future earnings and valuation. However, the airline reported a profit of Rs 26 crore in the third quarter of FY25. SpiceJet credited its profit to strong passenger demand, better efficiency, and improved pricing strategies. For the first time in a decade, the company has turned net worth positive -- an important milestone that underscores the success of our turnaround strategy, SpiceJet CMD Ajay Singh said.28 Feb, 2025 02:00 PMSpiceJet Share Price Falls Nearly 12% in Two Days; Analyst Insights
SpiceJet share price remained under selling pressure for the second straight session on Friday, with the domestic aviation stock falling nearly 12% in two days. After the Q3 results, SpiceJet share price dropped by more than 8% during Thursdays trading session, and it has fallen by over 5% in Fridays session. On Wednesday, the budget airline SpiceJet announced a profit after tax of ₹26 crore for the quarter ending December 2024, driven by an overall enhancement in performance. The airline had reported a loss of ₹300 crore during the same period last year. Its total revenue for the September 2024 quarter reached ₹1,077 crore. In contrast, the total revenue for the latest December quarter is lower than the ₹2,149 crore recorded for the three months that ended December 2023. Total revenue surged by 35% to ₹1,651 crore, driven by strong passenger demand, improved yields and enhanced operational efficiency. Passenger Load Factor (PLF) stood at an impressive 87 per cent, the airline said in an exchange filing. As per the report from ICICI Securities after analysing domestic air traffic data, SpiceJets market share fell by 10 basis points to 3.2%. In January 2025, SpiceJet experienced a month-over-month decline in its passenger load factor (PLF), dropping 30 basis points to 87.1% compared to 93.7% in January 2024. Following the third-quarter results, Nuvama Institutional Equities has revised its target price down by ₹52 and maintains a Hold rating. We are cutting FY25E/26E EPS by 14%/13% on operational softness. We are cutting target price to ₹52 as we roll forward to Q3FY27E, revise EV/EBITDAR to 7x (from 9x); HOLD, said Nuvama in its report. Technical Views SpiceJet share price today opened at ₹43.50 apiece on the BSE, the stock touched an intraday low of ₹42.40 apiece, and an intraday high of ₹43.79 per share on the BSE. Riyank Arora, Technical Analyst, Mehta Equities Ltd explained that SpiceJet share price is currently trading near a crucial support zone in the ₹40- ₹42 range, where a potential rebound could be expected. Holding above this level may trigger an upward move as momentum builds. However, a break below ₹39 could signal weakness, leading to further downside pressure. On the upside, if the stock sustains its strength, it is likely to head towards the ₹52- ₹54 range in the near term, supported by improving momentum and positive technical indicators.28 Feb, 2025 11:15 AMStocks to Watch on February 28: Tata Power, Rail Vikas Nigam, and More
SpiceJet's market share declined to 3.2% in January from 3.3% in the previous month.28 Feb, 2025 07:57 AMSpiceJet Ltd Financials
SpiceJet Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 29.13% | 0.00 | |
| Foreign Institutions | 15.76% | ||
| Mutual Funds | 3.09% | ||
| Retail Investors | 47.54% | 20.20 | |
| Others | 4.48% |
SpiceJet Ltd Key Indicators
SpiceJet Ltd Valuation
SpiceJet Ltd in the last 5 years
Lowest (-145.50x)
January 1, 2020
Today (-30.01x)
February 28, 2025
Industry (92.72x)
February 28, 2025
Highest (504.66x)
August 19, 2019
SpiceJet Ltd Earnings and Dividends
SpiceJet Ltd Earnings Results
SpiceJet Ltd’s net profit jumped 106.84% since last year same period to ₹20.44Cr in the Q3 2024-2025. On a quarterly growth basis, SpiceJet Ltd has generated 104.46% jump in its net profits since last 3-months.
Read More about Earnings Results
SpiceJet Ltd Technicals Summary
Bearish
Neutral
Bullish
SpiceJet Ltd is currently in a Bearish trading position according to technical analysis indicators.
SpiceJet Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹5,884.22 Cr | -7.9% | 1.43 | -₹424 Cr | ₹7,085 Cr | ||
| NA | ₹388.06 Cr | 8.59% | -0.29 | NA | NA | |
| NA | ₹1,801.07 Cr | 47.26% | 0.58 | NA | NA | |
| NA | ₹740.43 Cr | 276.99% | 0.51 | ₹37 Cr | ₹186 Cr | |
| NA | ₹326.69 Cr | 72.32% | 0.98 | NA | NA |
About SpiceJet Ltd
SpiceJet operates over 500 daily flights to 65 destinations, including 50 Indian cities, and 15 international destinations. The airline offers a wide range of services including passenger and cargo services, charter services, and ground handling services. It also provides a wide range of products such as air tickets, online check-in, web check-in, and mobile check-in.
The airline's popular products and services include SpiceMax, SpiceStyle, SpiceBiz, SpiceAssured, SpiceSafe, SpiceValue, SpiceClub, and SpiceConnect. Its popular brands include SpiceJet, SpiceJet Plus, SpiceJet Connect, and SpiceJet Cargo.
Share Price: ₹45.91 per share as on 28 Feb, 2025 04:01 PM
Market Capitalisation: ₹5,884.22Cr as of today
Revenue: ₹1,178.76Cr as on December 2024 (Q4 24)
Net Profit: ₹20.27Cr as on December 2024 (Q4 24)
Listing date: 10 May, 1995
Chairperson Name: Ajay Singh
| Organisation | SpiceJet Ltd |
| Headquarters | Gurgaon |
| Industry | Air Transport Service |
| E-voting on shares | Click here to vote |
FAQs on SpiceJet Ltd
What is SpiceJet Ltd price today?
SpiceJet Ltd share price today stands at ₹45.91, Open: ₹43.5, Previous Close: ₹44.72, High: ₹46.49, Low: ₹42.4, 52 Week High: ₹79.9, 52 Week Low: ₹39.91.
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Is SpiceJet Ltd listed on NSE?
SpiceJet Ltd is not listed on NSE
Is SpiceJet Ltd listed on BSE?
SpiceJet Ltd is listed on BSE
What are today's High and Low prices of SpiceJet Ltd?
- Today's highest price of SpiceJet Ltd is ₹46.49.
- Today's lowest price of SpiceJet Ltd is ₹42.4.
What are today's traded volumes of SpiceJet Ltd?
Today's traded volume of SpiceJet Ltd(500285) is 1.06Cr.
What is today's market capitalisation of SpiceJet Ltd?
Today's market capitalisation of SpiceJet Ltd(500285) is ₹5884.22Cr.
What is the 52 Week High and Low Range of SpiceJet Ltd?
How much percentage SpiceJet Ltd is down from its 52 Week High?
SpiceJet Ltd (500285) share price is ₹45.91. It is down -42.54% from its 52 Week High price of ₹79.9
How much percentage SpiceJet Ltd is up from its 52 Week low?
SpiceJet Ltd (500285) share price is ₹45.91. It is up 15.03% from its 52 Week Low price of ₹39.91
What are the historical returns of SpiceJet Ltd?
What is the PE ratio of SpiceJet Ltd today?
PE Ratio of SpiceJet Ltd is -30.01
PE ratio = SpiceJet Ltd Market price per share / SpiceJet Ltd Earnings per share