- Total income
- ₹6,767 Cr
- Profit
- ₹63 Cr
About SpiceJet
SpiceJet is a publicly listed company based in Gurugram (India) founded in 1984 by S K Modi. Low-cost domestic and international flight services are provided. The company has 6,480 employees. Its website spicejet.com draws about 1.5 million monthly visits. Its Indian entity Spicejet Limited reported revenue of ₹6,768 Cr. Its focus areas include Travel and Hospitality, Passenger Airlines and Transportation and Logistics.
Company details
SpiceJet was established in 1984 as a low-cost carrier in the aviation sector. Operations are focused on flight bookings for over 46 cities in India and select international routes. Services include baggage handling, real-time flight status notifications, and online check-in options. The company is headquartered in Gurugram, India, with management led by figures such as founder S K Modi and current Managing Director Ajay Singh.
SpiceJet is ranked #361 on the Fortune India 500 (2025).
Recognitions & Rankings of SpiceJet
- Headquarters Gurugram, India
- Employees 6,480
- Founders S K Modi
- Stage Public
- SectorsTransportation, Automotive & Logistics
- Website category Travel and Tourism · Air Travel
- Email••••••••
- Phone•••• ••••
- Website spicejet.com
- Social LinkedIn X Facebook
- Legal Name Spicejet Limited
- Market Cap₹1,210 Cr
SPICEJET · BSE
- Share Price₹7.74
-2.40% today
- Revenue₹5,326 Cr
FY 2024-25 · -24.8% YoY
- EBITDA−₹439 Cr
Margin -8.2%
- Net Profit₹62.55 Cr
FY 2024-25 · +114.9% YoY
- ROE18.4%
ROCE 6.8%
- Latest Funding Round$358.31M (USD), Post-IPO
Sep 2024
- InvestorsSociété Générale
& 5 more
- Employee Count6,480
Associated legal entities of SpiceJet
SpiceJet operates through Spicejet Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Spicejet Limited Listed CIN L51909DL1984PLC288239 | Active | 09 Feb 1984 | New Delhi, Delhi | ₹6,768 Cr | 426 | 7 | View details |
Funding Insights of SpiceJet
- Total Rounds 8
- Last Round Post-IPO — $358.31M
- First Round $2.37M
(Aug 2008)
- Investors Count 6
All 8 funding rounds of SpiceJet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $358.31M | Post-IPO | – | – | |
| Feb 2024 | $38.1M | Post-IPO | – | – | – |
| Jan 2024 | $89.49M | Post-IPO | – | – | – |
| May 2015 | $46.96M | Post-IPO | – | – | – |
| Feb 2015 | $80.58M | Post-IPO | – | – | – |
| Nov 2014 | Post-IPO | – | – | – | |
| Jan 2014 | $1M | Post-IPO | – | – | – |
| Aug 2008 | $2.37M | Post-IPO | – | – |
6 investors in total: 6 institutional.
Investors in SpiceJet
SpiceJet has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Société Générale, Goldman Sachs and Nomura.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Family office of Madhu Kela focused on technology companies | madhukelafamilyoffice.tcc.mode | |||
Diversified asset management services are offered globally by Invesco. | invesco.com | Atlanta, United States | ||
Full-service corporate advisory is provided to global clients. | 1864 | societegenerale.com | Paris, France | |
Diversified asset management services are offered globally by the firm. | 1925 | nomura.com | Chuo City, Japan | |
| discoveryglobalopportunity.tcc.mode |
Investor details for SpiceJet
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Spicejet Limited (SpiceJet)
Spicejet Limited is the primary company behind SpiceJet. The board of Spicejet Limited currently have 6 directors; the longest-serving is Ajay Singh, appointed in 2015. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Singh DIN 01360684 | Managing Director | 21 May 2015 | 11 yrs 5 mo | Spicejet Limited |
| Shiwani Singh DIN 05229788 | Director | 21 May 2015 | 11 yrs 5 mo | Spicejet Limited |
| Anurag Bhargava DIN 01297542 | Director | 07 Sep 2016 | 10 yrs 1 mo | Spicejet Limited |
| Ajay Chhotelal Aggarwal DIN 00001122 | Director | 11 Feb 2019 | 7 yrs 8 mo | Spicejet Limited |
| Manoj Kumar DIN 00072634 | Director | 28 May 2019 | 7 yrs 5 mo | Spicejet Limited |
| Sonum Gayatri DIN 10639147 | Director | 14 Sep 2024 | 2 yrs 1 mo | Spicejet Limited |
People of SpiceJet
86 people are tracked at SpiceJet (30 in leadership, 4 in board & advisors, 52 in team); the tracked headcount is 6,480.
| Name | Role | Group |
|---|---|---|
S K Modi | Founder | Leadership |
| Managing Director | Leadership | |
Navneet Kumar | Vice President Revenue Management | Leadership |
Sarabjeet Kaur | Vice President- Head Customer Care,inflight & Airport Operations | Leadership |
Pranav Joshi | General Manager - Ground School | Leadership |
Rohit Pal | Vice President Operations | Leadership |
Kumar Gandharv | Fleet Chief Avionics | Leadership |
Vivek Motwani | Senior General Manager / QA Head | Leadership |
Anand Deora | Assistant General Manager -corporate Communications | Leadership |
Rohan Arora | Assistant General Manager | Leadership |
Gajendra Singh | Deputy General Manager - Finance | Leadership |
Sapna Kumar | Head Of Product Passenger Experience & Quality And AVP - Marketing And Media Monetisation | Leadership |
Marissa Fernandes | Assistant General Manager- Spicejet | Leadership |
Rajni Bhasin | Assistant General Manager | Leadership |
Prashant Aggarwal | Assistant Vice President - Finance | Leadership |
Kaushik Shah | Asst. General Manager | Leadership |
Sudhir Mishra | Senior General Manager | Leadership |
Romil Ambashta | Fleet Chief Boeing 737-ng/ 737-max/team Leader | Leadership |
Anurag Kumar | Head Inflight Services | Leadership |
Amit Chadha | General Manager - International Sales, Commercial | Leadership |
66 more people are available in the full profile.
Complete people profiles for SpiceJet
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of SpiceJet
SpiceJet is a publicly listed company on the BSE with ticker symbol SPICEJET in India, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date25 Feb 1994
- Listed onBSE: 500285
- Listed entitySpiceJet Limited
- Exchange sectorTransportation
- ISININE285B01017
- Share price₹8.69 (+0.35% on the day) · 2026-10-14
- Market capitalisation₹1,322 Cr
- Volume (last session)1,400,473
Financials of SpiceJet
Exchange-reported figures of Spicejet Limited, the listed company behind SpiceJet (BSE: SPICEJET).
Financial Highlights
FY 2024-25 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,326 | 7,085 | 8,874 | 6,604 | 5,171 | 12,375 | 9,121 |
| Revenue growth | -24.8% | -20.2% | +34.4% | +27.7% | -58.2% | +35.7% | - |
| EBITDA | (439) | (642) | (1,005) | (991) | 187 | 515 | (57.17) |
| EBITDA margin | -8.3% | -9.1% | -11.3% | -15.0% | +3.6% | +4.2% | -0.6% |
| Profit before tax | 61.93 | (424) | (1,513) | (1,744) | (1,030) | (937) | (302) |
| Net profit | 62.55 | (419) | (1,513) | (1,666) | (1,030) | (919) | (242) |
| Net profit margin | +1.2% | -5.9% | -17.1% | -25.2% | -19.9% | -7.4% | -2.7% |
| EPS (₹) | 0.44 | (5.40) | (25.14) | (28.98) | (17.14) | (15.61) | (5.04) |
| Balance sheet | |||||||
| Total assets | 2,385 | 359 | 2,001 | 4,629 | 7,433 | 6,958 | 1,726 |
| Net worth | (1,942) | (5,217) | (5,850) | (4,340) | (2,604) | (1,580) | (350) |
| Total debt | 4,219 | 5,379 | 7,349 | 8,332 | 9,518 | 1,097 | 1,110 |
| Cash & bank | 260 | 215 | 35.52 | 62.68 | 35.52 | 41.83 | 79.71 |
| Net working capital | (1,614) | (3,603) | (3,629) | (2,760) | (1,333) | (3,689) | (1,697) |
| Cash flow | |||||||
| Cash from operations | (1,689) | (596) | 82.23 | 1,004 | 228 | - | 456 |
| Cash from investing | (643) | 35.03 | 550 | (148) | 212 | - | (145) |
| Cash from financing | 2,168 | 730 | (610) | (878) | (437) | - | (364) |
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,408 | 792 | 1,120 | 1,466 | 1,237 | 915 | 1,708 | 1,738 |
| Revenue growth (YoY) | +13.8% | -13.4% | -34.4% | -15.7% | -35.4% | - | - | - |
| Other income | 137 | 42.89 | 80.83 | 492 | 417 | 163 | 370 | 636 |
| EBITDA | (201) | (435) | (81.89) | 73.03 | (188) | (376) | 48.87 | (235) |
| EBITDA margin | -14.9% | -59.6% | -7.7% | +5.2% | -15.9% | -44.0% | +3.0% | -14.1% |
| Depreciation | 146 | 175 | 170 | 166 | 148 | 158 | 172 | 173 |
| Interest | 51.70 | 53.64 | 63.15 | 57.41 | 60.74 | 88.41 | 87.91 | 102 |
| Profit before tax | (262) | (621) | (234) | 342 | 20.28 | (458) | 158 | 127 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (262) | (621) | (234) | 342 | 20.28 | (458) | 158 | 127 |
| EPS (₹) | (1.78) | (4.40) | (1.66) | 2.63 | 0.15 | (5.41) | 1.82 | 1.51 |
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 5,284 | 7,050 | 8,869 | 6,557 | 5,133 | 12,359 | 9,113 |
| Revenue growth | -25.1% | -20.5% | +35.3% | +27.7% | -58.5% | +35.6% | - |
| EBITDA | (466) | (646) | (1,023) | (1,001) | 175 | 497 | (71.05) |
| EBITDA margin | -8.8% | -9.2% | -11.5% | -15.3% | +3.4% | +4.0% | -0.8% |
| Profit before tax | 58.07 | (409) | (1,503) | (1,725) | (998) | (935) | (316) |
| Net profit | 59.01 | (406) | (1,504) | (1,647) | (998) | (918) | (256) |
| Net profit margin | +1.1% | -5.8% | -17.0% | -25.1% | -19.5% | -7.4% | -2.8% |
| EPS (₹) | 0.41 | (5.23) | (24.97) | (28.67) | (16.61) | (15.58) | (5.27) |
| Balance sheet | |||||||
| Total assets | 5,005 | 2,985 | 4,619 | 4,676 | 4,377 | 6,954 | 1,726 |
| Net worth | 683 | (2,586) | (3,232) | (4,288) | (2,572) | (1,579) | (351) |
| Total debt | 4,214 | 5,376 | 7,348 | 8,330 | 1,068 | 1,097 | 1,110 |
| Cash & bank | 237 | 198 | 33.61 | 60.30 | 32.03 | 40.18 | 77.90 |
| Net working capital | (1,520) | (3,499) | (3,543) | (2,724) | (4,421) | (3,691) | (1,708) |
| Cash flow | |||||||
| Cash from operations | (1,665) | (613) | 92.98 | 978 | 226 | 1,778 | 456 |
| Cash from investing | (674) | 35.81 | 561 | (122) | 210 | (156) | (146) |
| Cash from financing | 2,170 | 732 | (632) | (876) | (435) | (1,659) | (364) |
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,384 | 781 | 1,106 | 1,446 | 1,231 | 911 | 1,696 | 1,719 |
| Revenue growth (YoY) | +12.5% | -14.3% | -34.8% | -15.9% | -35.3% | - | - | - |
| Other income | 138 | 46.37 | 84.50 | 495 | 420 | 166 | 372 | 635 |
| Total expenses | 1,597 | 1,235 | 1,196 | 1,394 | 1,419 | 1,276 | 1,661 | 1,964 |
| EBITDA | (213) | (454) | (89.56) | 52.57 | (188) | (365) | 34.97 | (245) |
| EBITDA margin | -16.3% | -64.1% | -8.7% | +3.9% | -16.5% | -44.6% | +2.2% | -15.6% |
| Depreciation | 144 | 173 | 168 | 166 | 146 | 155 | 170 | 170 |
| Interest | 51.01 | 52.99 | 62.40 | 56.48 | 60.16 | 87.32 | 86.85 | 100 |
| Profit before tax | (269) | (634) | (235) | 325 | 24.96 | (442) | 150 | 119 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,408 | 792 | 1,120 | 1,466 | 1,237 | 915 | 1,708 | 1,738 |
| Revenue growth (YoY) | +13.8% | -13.4% | -34.4% | -15.7% | -35.4% | - | - | - |
| Other income | 137 | 42.89 | 80.83 | 492 | 417 | 163 | 370 | 636 |
| EBITDA | (201) | (435) | (81.89) | 73.03 | (188) | (376) | 48.87 | (235) |
| EBITDA margin | -14.9% | -59.6% | -7.7% | +5.2% | -15.9% | -44.0% | +3.0% | -14.1% |
| Depreciation | 146 | 175 | 170 | 166 | 148 | 158 | 172 | 173 |
| Interest | 51.70 | 53.64 | 63.15 | 57.41 | 60.74 | 88.41 | 87.91 | 102 |
| Profit before tax | (262) | (621) | (234) | 342 | 20.28 | (458) | 158 | 127 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (262) | (621) | (234) | 342 | 20.28 | (458) | 158 | 127 |
| EPS (₹) | (1.78) | (4.40) | (1.66) | 2.63 | 0.15 | (5.41) | 1.82 | 1.51 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,326 | 7,085 | 8,874 | 6,604 | 5,171 | 12,375 | 9,121 |
| Revenue growth | -24.8% | -20.2% | +34.4% | +27.7% | -58.2% | +35.7% | - |
| Other income | 1,443 | 1,439 | 1,023 | 1,027 | 827 | 831 | 145 |
| Total expenses | 5,765 | 7,728 | 9,878 | 7,595 | 4,984 | 11,860 | 9,179 |
| Employee cost | 659 | 821 | 880 | 735 | 685 | 1,464 | 1,058 |
| EBITDA | (439) | (642) | (1,005) | (991) | 187 | 515 | (57.17) |
| EBITDA margin | -8.3% | -9.1% | -11.3% | -15.0% | +3.6% | +4.2% | -0.6% |
| Depreciation | 645 | 753 | 1,023 | 1,293 | 1,561 | 1,735 | 256 |
| Interest | 297 | 467 | 509 | 487 | 483 | 546 | 134 |
| Profit before tax | 61.93 | (424) | (1,513) | (1,744) | (1,030) | (937) | (302) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Net profit | 62.55 | (419) | (1,513) | (1,666) | (1,030) | (919) | (242) |
| Net profit margin | +1.2% | -5.9% | -17.1% | -25.2% | -19.9% | -7.4% | -2.7% |
| EPS (₹) | 0.44 | (5.40) | (25.14) | (28.98) | (17.14) | (15.61) | (5.04) |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1,413 | 783 | 602 | 602 | 601 | 600 | 600 |
| Reserves & surplus | (3,483) | (6,240) | (6,452) | (4,942) | (3,205) | (2,180) | (950) |
| Shareholders' funds (net worth) | (1,942) | (5,217) | (5,850) | (4,340) | (2,604) | (1,580) | (350) |
| Minority interest | (2.02) | (1.24) | (0.33) | (0.19) | 0.00 | 0.00 | 0.00 |
| Secured loans | 889 | 1,152 | 1,186 | 1,079 | 1,068 | 464 | 418 |
| Unsecured loans | 3,329 | 4,227 | 6,163 | 7,253 | 8,450 | 632 | 692 |
| Total debt | 4,219 | 5,379 | 7,349 | 8,332 | 9,518 | 1,097 | 1,110 |
| Total liabilities | 2,385 | 359 | 2,001 | 4,629 | 7,433 | 6,958 | 1,726 |
| Assets | |||||||
| Gross block | 7,262 | 7,219 | 9,087 | 10,182 | 10,632 | 11,242 | 2,485 |
| Net block | 2,111 | 2,571 | 4,006 | 5,569 | 7,033 | 8,714 | 1,626 |
| Capital work in progress | 9.61 | 7.24 | 20.41 | 6.34 | 5.84 | 0.00 | 0.00 |
| Investments | 134 | 0.52 | 0.48 | 0.45 | 0.48 | 0.44 | 0.39 |
| Inventories | 178 | 172 | 163 | 151 | 167 | 182 | 141 |
| Sundry debtors | 124 | 158 | 160 | 253 | 321 | 294 | 147 |
| Cash & bank balances | 260 | 215 | 35.52 | 62.68 | 35.52 | 41.83 | 79.71 |
| Loans & advances | 2,033 | 1,965 | 1,782 | 1,699 | 2,062 | 1,696 | 1,013 |
| Total current assets | 2,595 | 2,510 | 2,141 | 2,166 | 2,586 | 2,213 | 1,381 |
| Total current liabilities | 4,209 | 6,113 | 5,770 | 4,926 | 3,919 | 5,903 | 3,078 |
| Net working capital | (1,614) | (3,603) | (3,629) | (2,760) | (1,333) | (3,689) | (1,697) |
| Total assets | 2,385 | 359 | 2,001 | 4,629 | 7,433 | 6,958 | 1,726 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 203 | 33.70 | 11.30 | 33.09 | 29.81 | - | 120 |
| Net cash from operating activities | (1,689) | (596) | 82.23 | 1,004 | 228 | - | 456 |
| Net cash from investing activities | (643) | 35.03 | 550 | (148) | 212 | - | (145) |
| Net cash from financing activities | 2,168 | 730 | (610) | (878) | (437) | - | (364) |
| Net change in cash | (164) | 169 | 22.41 | (21.80) | 3.28 | - | (53.19) |
| Closing cash | 260 | 215 | 35.52 | 62.68 | 35.52 | - | 79.71 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -24.8% | -20.2% | +34.4% | +27.7% | -58.2% | +35.7% | - |
| EBITDA growth | +31.6% | +36.1% | -1.4% | -629.4% | -63.6% | +1000.4% | - |
| PBT growth | +9998.0% | +72.0% | +13.3% | -69.4% | -10.0% | -209.7% | - |
| Net income growth | +114.9% | +72.3% | +9.2% | -61.8% | -12.0% | -279.6% | - |
| Revenue CAGR (3Y) | -6.9% | +11.1% | -10.5% | -10.2% | -12.7% | +26.0% | +21.5% |
| EBITDA CAGR (3Y) | -23.8% | - | - | +158.8% | -37.1% | -1.7% | - |
| Profitability & leverage | |||||||
| Net income margin | +1.2% | -6.0% | -17.1% | -26.4% | -19.9% | -7.6% | -3.3% |
| Return on capital employed | +6.8% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +18.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -27.37 | -33.47 | -25.09 | -21.31 | -35.14 | -44.77 | -42.63 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.74 | 0.87 | 0.92 | 0.63 | 0.47 | 1.80 | 3.89 |
| Inventory turnover | 30.45 | 42.32 | 56.57 | 41.51 | 29.65 | 76.64 | 64.42 |
| Debtors turnover | 37.74 | 44.57 | 42.97 | 22.99 | 16.82 | 56.13 | 78.29 |
| EPS (₹) | 0.44 | (5.40) | (25.14) | (28.98) | (17.14) | (15.61) | (5.04) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | (14.64) | (69.65) | (97.21) | (72.12) | (43.34) | (26.34) | (5.84) |
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,384 | 781 | 1,106 | 1,446 | 1,231 | 911 | 1,696 | 1,719 |
| Revenue growth (YoY) | +12.5% | -14.3% | -34.8% | -15.9% | -35.3% | - | - | - |
| Other income | 138 | 46.37 | 84.50 | 495 | 420 | 166 | 372 | 635 |
| Total expenses | 1,597 | 1,235 | 1,196 | 1,394 | 1,419 | 1,276 | 1,661 | 1,964 |
| EBITDA | (213) | (454) | (89.56) | 52.57 | (188) | (365) | 34.97 | (245) |
| EBITDA margin | -16.3% | -64.1% | -8.7% | +3.9% | -16.5% | -44.6% | +2.2% | -15.6% |
| Depreciation | 144 | 173 | 168 | 166 | 146 | 155 | 170 | 170 |
| Interest | 51.01 | 52.99 | 62.40 | 56.48 | 60.16 | 87.32 | 86.85 | 100 |
| Profit before tax | (269) | (634) | (235) | 325 | 24.96 | (442) | 150 | 119 |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Revenue | 5,284 | 7,050 | 8,869 | 6,557 | 5,133 | 12,359 | 9,113 |
| Revenue growth | -25.1% | -20.5% | +35.3% | +27.7% | -58.5% | +35.6% | - |
| Other income | 1,452 | 1,447 | 1,046 | 1,051 | 987 | 848 | 145 |
| Total expenses | 5,750 | 7,696 | 9,892 | 7,558 | 4,958 | 11,861 | 9,184 |
| Employee cost | 618 | 771 | 844 | 709 | 676 | 1,464 | 1,057 |
| EBITDA | (466) | (646) | (1,023) | (1,001) | 175 | 497 | (71.05) |
| EBITDA margin | -8.8% | -9.2% | -11.5% | -15.3% | +3.4% | +4.0% | -0.8% |
| Depreciation | 638 | 748 | 1,019 | 1,290 | 1,558 | 1,734 | 256 |
| Interest | 291 | 462 | 507 | 486 | 603 | 546 | 134 |
| Profit before tax | 58.07 | (409) | (1,503) | (1,725) | (998) | (935) | (316) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 59.01 | (406) | (1,504) | (1,647) | (998) | (918) | (256) |
| Net profit margin | +1.1% | -5.8% | -17.0% | -25.1% | -19.5% | -7.4% | -2.8% |
| EPS (₹) | 0.41 | (5.23) | (24.97) | (28.67) | (16.61) | (15.58) | (5.27) |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 1,413 | 783 | 602 | 602 | 601 | 600 | 600 |
| Reserves & surplus | (858) | (3,608) | (3,833) | (4,890) | (3,172) | (2,179) | (950) |
| Shareholders' funds (net worth) | 683 | (2,586) | (3,232) | (4,288) | (2,572) | (1,579) | (351) |
| Secured loans | 886 | 1,152 | 1,185 | 1,079 | 454 | 464 | 418 |
| Unsecured loans | 3,328 | 4,224 | 6,163 | 7,251 | 613 | 632 | 692 |
| Total debt | 4,214 | 5,376 | 7,348 | 8,330 | 1,068 | 1,097 | 1,110 |
| Total liabilities | 5,005 | 2,985 | 4,619 | 4,676 | 4,377 | 6,954 | 1,726 |
| Assets | |||||||
| Gross block | 7,200 | 7,155 | 9,030 | 10,145 | 10,595 | 11,208 | 2,463 |
| Net block | 2,084 | 2,536 | 3,973 | 5,540 | 7,000 | 8,681 | 1,604 |
| Capital work in progress | 9.61 | 5.36 | 6.03 | 6.03 | 5.84 | 0.00 | 0.00 |
| Investments | 152 | 18.99 | 3.22 | 2.54 | 2.57 | 0.51 | 0.42 |
| Inventories | 173 | 166 | 156 | 145 | 156 | 178 | 137 |
| Sundry debtors | 203 | 192 | 154 | 250 | 346 | 292 | 147 |
| Cash & bank balances | 237 | 198 | 33.61 | 60.30 | 32.03 | 40.18 | 77.90 |
| Loans & advances | 1,976 | 1,917 | 1,774 | 1,665 | 2,044 | 1,717 | 1,011 |
| Total current assets | 2,590 | 2,472 | 2,118 | 2,120 | 2,578 | 2,226 | 1,374 |
| Total current liabilities | 4,111 | 5,971 | 5,661 | 4,844 | 6,999 | 5,917 | 3,081 |
| Net working capital | (1,520) | (3,499) | (3,543) | (2,724) | (4,421) | (3,691) | (1,708) |
| Total assets | 5,005 | 2,985 | 4,619 | 4,676 | 4,377 | 6,954 | 1,726 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Opening cash | 187 | 32.34 | 9.58 | 29.60 | 28.16 | 64.95 | 119 |
| Net cash from operating activities | (1,665) | (613) | 92.98 | 978 | 226 | 1,778 | 456 |
| Net cash from investing activities | (674) | 35.81 | 561 | (122) | 210 | (156) | (146) |
| Net cash from financing activities | 2,170 | 732 | (632) | (876) | (435) | (1,659) | (364) |
| Net change in cash | (170) | 154 | 22.76 | (20.02) | 1.45 | (36.79) | (53.72) |
| Closing cash | 237 | 198 | 33.61 | 60.30 | 32.03 | 40.18 | 77.90 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -25.1% | -20.5% | +35.3% | +27.7% | -58.5% | +35.6% | - |
| EBITDA growth | +28.0% | +36.8% | -2.2% | -670.6% | -64.7% | +800.2% | - |
| PBT growth | +9998.0% | +72.8% | +12.9% | -72.8% | -6.8% | -195.7% | - |
| Net income growth | +114.5% | +73.0% | +8.7% | -65.0% | -8.8% | -258.6% | - |
| Revenue CAGR (3Y) | -6.9% | +11.2% | -10.5% | -10.4% | -12.9% | +25.9% | +21.4% |
| EBITDA CAGR (3Y) | -22.5% | - | - | +141.5% | -38.6% | -3.0% | - |
| Profitability & leverage | |||||||
| Net income margin | +1.1% | -5.8% | -17.0% | -26.3% | -19.5% | -7.6% | -3.5% |
| Return on capital employed | +4.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +2.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | -26.36 | -33.16 | -24.81 | -21.23 | -43.62 | -44.15 | -40.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.74 | 0.87 | 0.93 | 0.63 | 0.47 | 1.81 | 3.91 |
| Inventory turnover | 31.16 | 43.79 | 58.85 | 43.58 | 30.79 | 78.49 | 69.65 |
| Debtors turnover | 26.74 | 40.77 | 43.90 | 21.98 | 16.09 | 56.32 | 78.43 |
| EPS (₹) | 0.41 | (5.23) | (24.97) | (28.67) | (16.61) | (15.58) | (5.27) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 3.93 | (36.06) | (53.69) | (71.26) | (42.79) | (26.32) | (5.85) |
Timeline of SpiceJet
4 dated milestones of SpiceJet across 40 years, from founding to its latest funding, stage changes and deals.
- Founded SpiceJet is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $2.4M.
- Funding Latest funding round, Post-IPO, of $358.3M.
Web traffic of SpiceJet
The website of SpiceJet (spicejet.com) receives about 1.5M visits a month and ranks #21,644 among all websites worldwide, #602 in Air Travel.
- Monthly visits1.5M
▼ 22.5% vs previous month
- Unique visitors784.3K
per month
- Global rank#21,644
among all websites
- Category rank#602
Travel and Tourism · Air Travel
- Bounce rate39%
- Pages per visit6.5
- Average visit2 min 26 sec
- DevicesDesktop 26% · Mobile 74%
Websites whose visitors overlap most with SpiceJet. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| airindia.com | 100% | 9.1M | #4,674 | View details | |
| yatra.com | 98% | 2.1M | #19,308 | View details | |
| goindigo.in | 97% | 20.2M | #1,604 | View details | |
airindiaexpress.com | airindiaexpress.com | 93% | #12,026 | – | |
| cleartrip.com | 89% | 6.1M | #7,915 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for SpiceJet
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- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Spicejet
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Frequently Asked Questions about SpiceJet
SpiceJet was founded in 1984 and raised its 1st funding round 24 years after it was founded.
SpiceJet is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
SpiceJet has 6,480 employees.
The primary company behind SpiceJet, Spicejet Limited, reported revenue of ₹6,768 Cr for FY 2025, down 21% year on year.
SpiceJet was established in 1984 as a low-cost carrier in the aviation sector. Operations are focused on flight bookings for over 46 cities in India and select international routes. Services include baggage handling, real-time flight status notifications, and online check-in options. The company is headquartered in Gurugram, India, with management led by figures such as founder S K Modi and current Managing Director Ajay Singh.
Yes, SpiceJet is publicly traded on BSE under the ticker symbol SPICEJET.
SpiceJet has 6 investors. Key investors include Société Générale, Goldman Sachs, Nomura, Invesco, and Discovery Global Opportunity.
SpiceJet operates through Spicejet Limited.
The legal entities of SpiceJet currently have 7 directors, including Ajay Singh, Ajay Chhotelal Aggarwal, Manoj Kumar and others.
The website of SpiceJet receives about 1.5 million visits a month and ranks #21,644 among all websites worldwide.

