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SpiceJet Ltd.

Business Summary

SpiceJet Ltd. engages in the provision of air transport services for the carriage of passengers and cargo and other allied activities. It operates through the Air Transport and Freighter and Logistics Services segments. The Air Transport segment is involved in the inter alia, passenger transport, and ancillary cargo operations arising from passenger aircraft operations. The Freighter and Logistics Services segments focuses on the cargo services. The company was founded on February 9, 1984 and is headquartered in Gurgaon, India.

Financial Highlights

Mar 2022 INRUSD
Gross Profit-13,359.51M-179.29M
Operating income-19,263.09M-258.53M
Income before tax-17,442.69M-234.09M
Net income-17,440.79M-234.07M
Diluted EPS-29.00-0.38
Dividends Per Share00
Total Assets95,545.56M1,260.91M
Total liabilities138,948.14M1,833.69M
Total equity-43,400.68M-572.75M
Operating cash flow9,825.50M131.86M
Currency in INRCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 77,563.45M 90,078.41M 123,548.71M 51,426.50M 66,009.01M
Gross Profit 10,381.86M 2,901.46M 3,553.60M -11,145.81M -13,359.51M
Operating income 5,468.15M -2,848.81M -4,554.15M -16,177.68M -19,263.09M
Income before tax 5,572.06M -3,023.85M -9,365.68M -10,298.86M -17,442.69M
Net income 5,572.06M -3,024.11M -9,365.68M -10,298.86M -17,440.79M
EBITDA 7,781.33M -285.27M 12,799.63M -565.75M -6,329.73M
Diluted EPS 9.29 -5.04 -15.61 -17.15 -29.00
Dividends Per Share 0 0 0 0 0
Total Assets 40,192.53M 48,046.49M 128,605.53M 113,516.91M 95,545.56M
Total liabilities 40,751.73M 51,546.13M 144,409.51M 139,559.36M 138,948.14M
Total equity -559.20M -3,499.64M -15,803.98M -26,042.45M -43,400.68M
Operating cash flow 9,756.17M 4,080.57M 17,870.86M 2,472.82M 9,825.50M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,203.16M 1,287.88M 1,742.42M 692.75M 885.91M
Gross Profit 161.04M 41.48M 50.11M -150.14M -179.29M
Operating income 84.82M -40.73M -64.22M -217.92M -258.53M
Income before tax 86.43M -43.23M -132.08M -138.73M -234.09M
Net income 86.43M -43.23M -132.08M -138.73M -234.07M
EBITDA 120.70M -4.07M 180.51M -7.62M -84.95M
Diluted EPS 0.14 -0.07 -0.22 -0.23 -0.38
Dividends Per Share 0 0 0 0 0
Total Assets 616.24M 693.56M 1,699.97M 1,552.60M 1,260.91M
Total liabilities 624.81M 744.07M 1,908.88M 1,908.79M 1,833.69M
Total equity -8.57M -50.51M -208.90M -356.19M -572.75M
Operating cash flow 151.33M 58.34M 252.03M 33.31M 131.86M

Valuation Measures

Mar 2022
Operating margin-29.18%
Profit margin-26.42%

Key executives

  • Executive Chairman & Managing Director: Ajay Singh
  • Chief Financial Officer: Ashish Kumar
  • Secretary, Senior VP-Legal & Compliance Officer: Chandan Sand
  • Chief Commercial Officer: Shilpa Bhatia


  • SINGH KALPANA (0.0%)
  • SSgA Funds Management, Inc. (0.0%)

Contact Details

Related Companies

  • Travenues Innovations Pvt Ltd.
  • Spicejet Interactive Pvt Ltd.


    Last Updated on 6 Jun, 2023

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