About Spicejet Limited
Data last updated: 26 September 2026
Spicejet Limited is a public limited company based in New Delhi, Delhi, India. It specialises in air transport services, a part of the broader transport and logistics sector. Incorporated on 09 February 1984, the company has been in operation for over 42 years.
Registered with ROC Delhi under CIN L51909DL1984PLC288239. Listed on BSE: 500285 and NSE: SPICEJET.
Capital: an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,526.1 Cr. Formerly known as Genius Leasing Finance and Investment Company Limited and Royal Airways Limited. It is led by directors including Ajay Singh and Ajay Chhotelal Aggarwal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 505, 5Th Floor Caddie Commercial Tower Aerocity (Dial), New Delhi, Delhi, India – 110037.
As per the latest consolidated financials for FY 2024-25, the company reported a revenue of ₹5,325.69 Cr, a decline of 24.83% compared to the previous year. Total assets are valued at ₹2,385.33 Cr (up 563.92% YoY).
The company has a workforce of approximately 426 employees as per the latest available data. Its group structure includes 9 subsidiaries.
As per MCA filings, the company has open charges of ₹2,861.64 Cr and satisfied charges of ₹2,213.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website spicejet.com.
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EmailLocked
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Website
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Registered Address505, 5Th Floor Caddie Commercial Tower Aerocity (Dial), New Delhi, Delhi, India – 110037
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IndustryTransport and Logistics, Air Transport Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Spicejet Limited
Spicejet Limited has undergone 3 name changes throughout its history. The company was previously known as Genius Leasing Finance And Investment Company Limited, Royal Airways Limited, and Genius Leasing Finance And Investments Company Limited. The current legal name is Spicejet Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Spicejet Limited | Current |
| Genius Leasing Finance And Investment Company Limited | Previous |
| Royal Airways Limited | Previous |
| Genius Leasing Finance And Investments Company Limited | Previous |
CIN History of Spicejet Limited
Spicejet Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51909DL1984PLC288239, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51909DL1984PLC288239 | Current |
| L51909DL1984PLC017509 | Previous |
| L51909TN1984PLC082330 | Previous |
Business Activity of Spicejet Limited
Spicejet Limited is engaged in the principal business activity of transport and storage, with detailed activities including air transport.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| H | Transport and storage | H4 | Air transport | Locked |
Business activity turnover details for Spicejet Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Spicejet Limited
Spicejet Limited is audited by Walker Chandiok & Co LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Walker Chandiok & Co LLP | Locked | Locked | Locked |
Complete auditor history for Spicejet Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Spicejet Limited
Spicejet Limited is currently managed by 6 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Ajay Singh
Also directs:
Spicejet Limited, Spice Shuttle Private Limited, Spicexpress And Logistics Private Limited and 5 more
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Managing Director | 21 May 2015 | 11 Years 4 Months | Current |
| Ajay Chhotelal Aggarwal | Director | 11 Feb 2019 | 7 Years 7 Months | Current |
| Manoj Kumar | Director | 28 May 2019 | 7 Years 3 Months | Current |
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Anurag Bhargava
Also directs:
Spicejet Limited, Newel Buildestate Llp
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Director | 07 Sep 2016 | 10 Years 0 Months | Current |
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Shiwani Singh
Also directs:
Spicejet Limited, Spicejet Merchandise Private Limited, Spicexpress And Logistics Private Limited and 5 more
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Director | 21 May 2015 | 11 Years 4 Months | Current |
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Sonum Gayatri
Also directs:
Spicejet Limited
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Director | 14 Sep 2024 | 2 Years 0 Months | Current |
Financials of Spicejet Limited FY 2024-25 filings available
Spicejet Limited reported revenue of ₹5,325.69 Cr (down 24.83% YoY) for FY 2024-25.
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 | -25.4% | -21.8% | +30.1% | +52.4% | -58.0% | +29.2% | +31.0% |
| 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) | +14.1% | -14.4% | -35.6% | -16.1% | -36.3% | -36.7% | -14.1% | -18.6% |
| 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 | -25.3% | -22.2% | +30.9% | +52.4% | -58.2% | +29.2% | +31.3% |
| 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) | +14.2% | -13.3% | -34.0% | -13.4% | -35.1% | -36.2% | -15.1% | -23.1% |
| 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) | +14.1% | -14.4% | -35.6% | -16.1% | -36.3% | -36.7% | -14.1% | -18.6% |
| 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 | -25.4% | -21.8% | +30.1% | +52.4% | -58.0% | +29.2% | +31.0% |
| 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% | +17.5% |
| EBITDA growth | +31.6% | +36.1% | -1.4% | - | -63.6% | +9998.0% | - |
| PBT growth | +9998.0% | +72.0% | +13.3% | -69.4% | -10.0% | -209.7% | - |
| Net income growth | +9998.0% | +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) | +14.2% | -13.3% | -34.0% | -13.4% | -35.1% | -36.2% | -15.1% | -23.1% |
| 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 | -25.3% | -22.2% | +30.9% | +52.4% | -58.2% | +29.2% | +31.3% |
| 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% | +17.5% |
| EBITDA growth | +28.0% | +36.8% | -2.2% | - | -64.7% | +9998.0% | - |
| PBT growth | +9998.0% | +72.8% | +12.9% | -72.8% | -6.8% | -195.7% | - |
| Net income growth | +9998.0% | +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) |
Shareholding Pattern of Spicejet Limited
As per the shareholding pattern for the quarter ended Mar 2026, promoters hold 24.20%, foreign institutional investors hold 2.00%, domestic institutional investors hold 2.20%, retail and other public shareholders hold 71.60% of Spicejet Limited.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | |
|---|---|---|---|---|
| Promoters | 24.20% | 31.00% | 33.40% | 33.50% |
| Public | 75.80% | 69.00% | 66.60% | 66.50% |
Group Structure of Spicejet Limited
Spicejet Limited has 9 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Spicejet Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Spicejet Merchandise Private Limited | U52520DL2016PTC303136 | - |
| Spice Shuttle Private Limited | U62100DL2019PTC356667 | - |
| Spicexpress And Logistics Private Limited | U63030DL2019PTC359462 | - |
| Spice Ground Handling Services Private Limited | U63030DL2020PTC371395 | - |
| Canvin Real Estate Private Limited | U70109DL2017PTC326068 | - |
| Spicejet Interactive Private Limited | U72900DL2019PTC349253 | - |
Showing major subsidiaries. Total: 9.
Charges & Borrowings of Spicejet Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2026 | Indian Bank | ₹151 Cr | Open |
| 14 May 2024 | Yes Bank Limited | ₹5 Cr | Open |
| 04 Apr 2023 | Yes Bank Limited | ₹585.4 Cr | Open |
| 15 Dec 2022 | Axis Bank Limited | ₹25 Lakh | Open |
| 03 Oct 2022 | Indian Bank | ₹205.8 Cr | Open |
Total charge records: 29 View all charges
Employees and EPFO Compliance at Spicejet Limited
Spicejet Limited has a workforce of 426 employees as of Apr 04, 2024.
Employee and EPFO history for Spicejet Limited
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GST Compliance of Spicejet Limited
GST registrations and filing compliance for Spicejet Limited
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Credit Ratings, Litigation & Regulatory Alerts for Spicejet Limited
Credit ratings, litigation, and regulatory alerts for Spicejet Limited
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MSME Payment Delays by Spicejet Limited
MSME payment history for Spicejet Limited
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Subsidiaries & Group Companies of Spicejet Limited
Corporate group structure for Spicejet Limited
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MCA Filings & Documents of Spicejet Limited
MCA filings and documents for Spicejet Limited
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Recent Activity on Spicejet Limited
Recent News on Spicejet Limited
Frequently Asked Questions about Spicejet Limited
Spicejet Limited is an active public limited company in the transport and logistics sector based in New Delhi, Delhi, India. It was incorporated on 09 February 1984 (42+ years old) and is registered under CIN L51909DL1984PLC288239. Listed on BSE: 500285 and NSE: SPICEJET. The company has 426 employees.
Spicejet Limited reported revenue of ₹5,325.69 Cr for FY 2024-25 (down 24.83% YoY) based on consolidated financials.
The current directors of Spicejet Limited are:
- Ajay Singh - Managing Director
- Ajay Chhotelal Aggarwal - Director
- Manoj Kumar - Director
- Anurag Bhargava - Director
- Shiwani Singh - Director
- Sonum Gayatri - Director
The primary industry of Spicejet Limited is transport and logistics. The company specifically operates in air transport services. The company is currently active in this sector.
Yes. Spicejet Limited is listed on both BSE (code: 500285) and NSE (symbol: SPICEJET).
Spicejet Limited can be reached at the registered office: 505, 5Th Floor Caddie Commercial Tower Aerocity Dial, New Delhi, Delhi, India – 110037, or through the website spicejet.com.