500285 SPICEJET

Spicejet Share Price

₹65.25
-0.51 (-0.78%)
11 October, 2024 04:53 BSE: 500285 NSE: SPICEJET ISIN: INE285B01017

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Spicejet Performance

Day Range

  • Low 0
  • High 0
₹ 65

52 Week Range

  • Low 0
  • High 0
₹ 65
  • Open Price0
  • Previous Close0
  • Volume

Spicejet Chart

  • Over 1 Month + 1.97%
  • Over 3 Month + 23.65%
  • Over 6 Month -6.73%
  • Over 1 Year + 89.13%

Spicejet Key Statistics

P/E Ratio -9.7
PEG Ratio -0.7
Market Cap Cr 4,464
Price to Book Ratio -0.9
EPS -3.2
Dividend 0
Relative Strength Index 51.33
Money Flow Index 39.27
MACD Signal 0.32
Average True Range 5.12

Spicejet Investment Rating

  • Master Rating:
  • Spicejet has an operating revenue of Rs. 6,789.95 Cr. on a trailing 12-month basis. An annual revenue de-growth of -13% needs improvement, Pre-tax margin of -6% needs improvement, NULL The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 7% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 27 which is a POOR score indicating inconsistency in earnings, a RS Rating of 65 which is FAIR indicating the recent price performance, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 50 indicates it belongs to a fair industry group of Transportation-Airline and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Spicejet Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,6961,7191,7571,4252,0022,044
Operating Expenses Qtr Cr 1,6611,9642,1421,8571,7342,143
Operating Profit Qtr Cr 35-245-238-4312682
Depreciation Qtr Cr 170170183188207224
Interest Qtr Cr 87100126113122118
Tax Qtr Cr 000000
Net Profit Qtr Cr 150119-301-43220517
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 8,4979,860
Operating Expenses Annual Cr 7,6979,893
Operating Profit Annual in Cr -647-1,024
Depreciation Cr 7481,019
Interest Annual Cr 461451
Tax Annual Cr 00
Net Profit Annual Cr -409-1,503
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -61393
Cash from Investing Activity Annual Cr 37561
Cash from Financing Annual Activity Cr 732-632
Net Cash Flow Annual Cr 15522
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr -2,586-3,232
Fixed Assets Annual Cr 2,5413,979
Total Non Current Assets Annual Cr 6,4848,161
Total Current Assets Annual Cr 2,4732,118
Total Assets Annual Cr 8,95710,280
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs -33-54
ROE Annual % 00
ROCE Annual % 7,187-181
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 110
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,7081,7381,8501,4292,0042,044
Operating Expenses Qtr Cr 1,6591,9732,1451,8721,7382,160
Operating Profit Qtr Cr 49-235-231-443265-15
Depreciation Qtr Cr 172173184189208225
Interest Qtr Cr 88102126114123120
Tax Qtr Cr 000000
Net Profit Qtr Cr 158127-299-449198-6
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 8,5249,842
Operating Expenses Annual Cr 7,7299,880
Operating Profit Annual in Cr -644-1,006
Depreciation Cr 7531,023
Interest Annual Cr 465453
Tax Annual Cr 00
Net Profit Annual Cr -423-1,513
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -59682
Cash from Investing Activity Annual Cr 36550
Cash from Financing Annual Activity Cr 730-610
Net Cash Flow Annual Cr 17022
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr -5,217-5,850
Fixed Assets Annual Cr 1,1834,027
Total Non Current Assets Annual Cr 3,9625,629
Total Current Assets Annual Cr 2,5102,141
Total Assets Annual Cr 6,4727,771
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs -67-97
ROE Annual % 00
ROCE Annual % -252
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 110

Spicejet Technicals

EMA & SMA

Current Price
₹65.25
-0.51 (-0.78%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹64.41
  • 50 Day
  • ₹62.91
  • 100 Day
  • ₹60.96
  • 200 Day
  • ₹57.75
  • 20 Day
  • ₹66.21
  • 50 Day
  • ₹62.58
  • 100 Day
  • ₹59.05
  • 200 Day
  • ₹60.98

Spicejet Resistance and Support

PIVOT
₹66.13
Resistance
First Resistance 68.10
Second Resistance 70.96
Third Resistance 72.93
RSI 51.33
MFI 39.27
MACD Single Line 0.32
MACD -0.05
Support
First Support 63.27
Second Support 61.30
Third Supoort 58.44

Spicejet Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 27,318,841 1,466,475,385 53.68
Week 28,809,053 1,722,781,393 59.8
1 Month 35,312,837 2,201,049,136 62.33
6 Month 8,856,517 541,044,619 61.09

Spicejet Result Highlights

Spicejet Synopsis

BSE-Transportation-Airline

Spicejet Ltd. is involved in the business activities of Passenger airways. Company’s Total Operating Revenue is Rs. 7049.97 Cr. and Equity Capital is Rs. 783.41 Cr. for the Year ended 31/03/2024. Spicejet Ltd. is a Public Limited Listed company incorporated on 09/02/1984 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L51909DL1984PLC288239 and registration number is 288239.
Market Cap 4,499
Sales 6,744
Shares in Float 48.57
No of funds 150
Yield
Book Value -21.26
U/D Vol ratio 0.9
LTDebt / Equity
Alpha 0.12
Beta 1.66

Spicejet Shareholding Pattern

Owner NameJun-24Mar-24
Promoters 47.66%48.27%
Mutual Funds 5.05%5.11%
Foreign Portfolio Investors 1.81%1.73%
Individual Investors 30.88%29.71%
Others 14.6%15.18%

Spicejet Management

Name Designation
Mr. Ajay Singh Chairman & Managing Director
Mrs. Shiwani Singh Non Exe.Non Ind.Director
Mr. Ajay Aggarwal Independent Director
Mr. Manoj Kumar Independent Director
Mr. Anurag Bhargava Independent Director

Spicejet Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Spicejet Corporate Action

Date Purpose Remarks
2024-08-14 Quarterly Results
2024-07-23 Others Inter alia, (1) to consider and approve raising fresh capital through issue of eligible securities to qualified institutional buyers by way of qualified institutional placement.
2024-07-15 Quarterly Results
2023-12-11 Quarterly Results & Preferential issue (Revised)
2023-08-11 Quarterly Results

About Spicejet

Mr. Ajay Singh, who owned about 48% of SpiceJet as of February 21, 2024, is company's promoter. By number of domestic passengers transported, airline ranks fifth in India & is low-cost carrier. Originally founded in 1984 as air taxi company, it expanded into providing domestic aviation services in 1993 & changed its name to Modiluft Ltd in 1994. After services were shut down in 1996, company restarted in 2005 under its current name. In May 2005, SpiceJet conducted its inaugural flight. Through Sun group, Mr. Kalanidhi Maran obtained majority interest in business in June 2010. In January 2015, interest was resold to Mr. Ajay Singh. airline uses Bombardier Dash & Boeing 737 aircraft in its fleet.

The primary activity of SpiceJet Ltd is offering air transportation services for transportation of people & goods. SpiceJet is low-cost carrier that mostly serves India. In India, it runs greatest number of UDAN flights. It offers over 250 daily flights to 48 locations in India as well as other countries. Boeing 737 Max, Boeing 700, & Q400 aircraft are in its fleet. Market Share: With market share of about 5.5% for domestic segment in CY23, corporation is fifth-biggest participant in domestic aviation sector. Due to grounding of about 40% of its current fleet of 54 aircraft, it has lost market share to competitors, going from 10.5% in CY21 to 5.5% in rankings.

Spicejet FAQs

What is Share Price of Spicejet ?

Spicejet share price is ₹65 As on 11 October, 2024 | 04:39

What is the Market Cap of Spicejet ?

The Market Cap of Spicejet is ₹4464 Cr As on 11 October, 2024 | 04:39

What is the P/E ratio of Spicejet ?

The P/E ratio of Spicejet is -9.7 As on 11 October, 2024 | 04:39

What is the PB ratio of Spicejet ?

The PB ratio of Spicejet is -0.9 As on 11 October, 2024 | 04:39

What are most important metrics that can help to analyse share price of SpiceJet ?

Metrics for analyzing HPCL share price include: P/E Ratio, ROE, as it Shows historical earnings growth.

How can you buy shares from SpiceJet ?

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Q2FY23