Home MarketSpicejet Ltd.

Spicejet Ltd. Stock Info: As on 2018-05-24 15:59:00




Change %
52 Week Range
Day's Range82.20 - 123.30
Value Traded (in ₹ Cr.) 21.75

Stock Exchange

Category No. Of Shares Share %
ForeignPromoters 0.00 0.00%
IndianPromoters 359,834,068.00 60.03%
Mutual Funds/UTI 30,402,085.00 5.07%
FII 39,032,190.00 6.51%
Employee 0.00 0.00%
Public 131,118,678.00 21.87%
Government 0.00 0.00%
Others 38,190,986.00 6.37%

Key Statistics

Valuation Measures
Market Cap / Sales Ratio 0.98
Basic EPS (Rs.) 7.19
Cash EPS 10.50
BVPerShare Excl -10.16
Operating Revenue 103.28
PBDITPerShare 10.94
Dividend 0.00
NPPerShare 7.18
Current Ratio 0.33
Quick Ratio 0.29
PriceToBV -10.01
Earnings 0.07
PBDIT Margin 10.59
PBT Margin 6.95
NP Margin 6.95
Return On Assets 14.40
Retention Ratios 0.00
Parameter Mar-17 (₹ Cr.) Yoy%change
Total Income 6,303.80
Total Expenses 5,911.63
EBITDA 655.82
PBT 430.73
PAT 430.73
Net Income 430.73
Parameter Mar-18 (₹ Cr.) 6M % change
Total Income 4,201.69
Total Expenses 3,857.66
EBITDA 226.36
PBT 286.14
PAT 286.14
Net Income 0.00
Total Assets
Total Assets
Parameter Mar-17 (₹ Cr.) Yoy%change
Total share capital 599.45
Net worth -609.09
Investments 139.80
Total Liability 2,990.91
Total debt 1,028.23
Net block 1,619.78
Total Assets 2,990.91
Parameter Mar-17 (₹ Cr.) 6M % change
Total share capital 599.45
Net worth -631.62
Investments 20.00
Total Liability 2,703.79
Total debt 1,028.73
Net block 1,602.10
Total Assets 2,703.79
Company Curr Price Prev. Close Change% W's Low/High

Global Vectra Helicorp Ltd.

97.85 99.1 -1.26

InterGlobe Aviation Ltd.

1164.9 1160.7 0.36

Jet Airways (India) Ltd.

391.7 421.1 -6.98

Kingfisher Airlines Ltd.

1.3 1.35 0
Company Curr Price Prev. Close Change% W's Low/High

Global Vectra Helicorp Ltd.

97 100 -3

InterGlobe Aviation Ltd.

1168 1159.45 0.74

Jagsons Airlines Ltd.

2.21 2.21 0

Jet Airways (India) Ltd.

391.55 421.15 -7.03

Kingfisher Airlines Ltd.

1.36 1.32 0

TAAL Enterprises Ltd.

208.5 173.75 20

Taneja Aerospace & Aviation Ltd.

42.5 42.85 -0.82
Parameter Mar-17(in ₹ Cr.)
Cash from operating activities 496.32
Cash from investing activities -481.59
Cash from financing activities -62.38
Net change in cash -46.97

Stock Held By Mutual Fund Schemes

Corporate Details

About Management

YEAR EVENTS 1984 - The Company was incorporated on 9th February as a private limited company in the name and style of Genius Leasing Finance and Investment Company Limited. The business was commenced on 14th March. It was promoted by S.K. Modi of the Modi Group of Companies. The main objective of the company is to manufacture Private air taxi operation. 1993 - The name of the company was changed to MG Express Ltd. on 17th February. - The Company diversified its activities into domestic aviation operations. Since May, has been providing safe and reliable air transportation for both the passenger and cargo. In the first phase of operations, three Boing 737-200 advance air craft was commissioned in service. - The Company entered into an agreement with Lufthansa for spares, services and maintenance and training of flight crew. The Company was to pay DM 102,000 per plane, per month for dry lease. - The Company is to provide two classes of services, first class and economy class. Telecommunication lines were to be established between airlines. - In the second phase of operations, the Company was to acquire on dry lease, four Boing 737-400, Advance Fuel Economic Aircrafts and one Boing 737-200 aircraft. Three of the 737-400 airafts would have a capacity of 150 seats and the remaining one with a capacity of 164 seats. - The Company entered into agreement with International airlines such as Swissair, KLM-Royal Dutch Awtun, Qantas airways, Air Canada etc. - 2,00,000 shares allotted to public. 240,00,000 No. of equity shares of Rs. 10 each issued in May-June, as follows: - 214,00,000 rights equity shares of Rs. 10 each in proportion 107:1 (all were taken; up). - 24,00,000 shares reserved for allotment to shareholders of Modi Threads Ltd. - 2,00,000 shares to employees of Modi Threads Ltd. - Another 150,00,000 shares were allotted to Business associates on preferential basis. 1994 - In September, the Company signed an MOU with Indian Oil Corporation Ltd. to arrange the imports of aviation turbine fuel and the first consignment was expected in the 2nd week of January 1995. - Effective 12th April, the name of the company was changed from MG Express Ltd. to Modiluft Ltd. - 242,00,000 No. of equity shares of Rs. 10 each were then issued in November, at a premium of Rs. 30 per share on rights basis in prop. 1:1 (6,000 shares kept in abeyance). - During the year under review the Company opened up several new stations and at present is connecting most of the major business and tourist locations across the Country. - The Company proposes to expand its operations by adding 4 Boeing 737-400 aircraft to its existing fleet. - On 23rd November, 1994, your Company was awarded the coveted status of a Scheduled Airline. Consequently, the Company has also obtained the Associate Membership of International Air Transport Association (IATA). - The Company further issued 1.50 crore Equity Shares of Rs. 10/-each for cash at par aggregating to Rs.15.00 crore to business associates on preferential basis, thus taking the total Paid Up Capital of the Company to Rs. 39.20 crore during the year 1993-94. - The Company has inter-line agreements with all major foreign Airlines, an extensive network of sales agents and worldwide communication network for making reservations from any part of the world which enables the Company to earn revenue in foreign exchange. 1995 - The Company in its initial stage entered into an "Agreement on Technical Support" which was further strengthened with "Management Agreement" on 28th June, 1994. - The Company is also setting up a working group in respect of each of the areas to ensure the desired results are achieved. - ModiLuft has tied up their Frequent Flyer Programme - MILES & SMILES with Deutsche Lufthansa AG, with effect from 1st July, 1995. - The Company also proposes to come out with a Rights Issue of Rs. 31.70 crores to acquire additional aircrafts as per Company's expansion plans. - Mrs. Malvika Poddar and Mr. Bernd Hildenbrand, Directors retire by rotation, being eligible, offer themselves for reappointment. 1997 - Mr. D.K.Babbar and Mr. Kartik Shanker Aiyer, Directors retire by rotation and being eligible, offer themself for reappointment. 1999 - The company has appointed Millenium Capital Management (Pvt.) Ltd. and Khandwala Securities Ltd. as its Management and financial consultants. - Mr. S. K. Modi and Mr. Merchant Bharat Bachubhai, Director retire by rotation and being eligible, offer themself for re-appointment. 2000 - Country's defunct private domestic carrier Modiluft Ltd., which suspended its operations in 1996, will be airborne again in January in a New avataar as Royal Airways. - The Board has allotted 81,077,500 redeemable preference shares of Rs 10 each to the Royal Holdings Service Ltd. USA. 2001 - Modiluft Ltd has informed BSE that the Mr. Atul Sharma, Mr. Kishore Gupta, Mr. Siddhartha Sharma, Mr. Mansukhlal Kotecha and Mr. Vijay Kumar have been elected as Directors of the Company with effect from December 31, 2001. The aforesaid persons were earlier co-opted as Additional Directors.The Company has also informed that Mr. J.N.Gupta, Mr. S.K.Modi and Mr. B.B. Merchant have ceased to be Directors of the Company with effect from the same date. 2003 - The company re-issued 1895348 forfeited equity shares of Rs 10 each at par on private placement basis -The company has been informed by Delhi Stock Exchange that the shares of the company are delisted wef December 10, 2003. 2005 -SpiceJet launches Delhi-Ahmedabad-Mumbai service on May 24, 2005 -SpiceJet launches its six-day a week services to Jammu and Srinaga on Nov 11, 2005 2005 -Company has changed its name from Royal Airways Ltd. to Spicejet Ltd. 2006 -SpiceJet ties up with Indiatimes -SpiceJet joins hands with Nomura on Aug 15,2006 2007 -Spicejet Ltd has informed that Mr. Osman Qureshi (nominee of Istithmar PJSC) has been appointed as director on the Board of the Company. 2010 - SpiceJet stated that it will order 30 Boeing 737-800 aircraft to take its fleet size to 58 planes. 2011 -Mr. S. Sridharan has been appointed as the Whole Time Director of the Company -Mr. R Neelakantan has been appointed as the Chief Financial Officer (CFO) of the Company -Awarded for Best Website at `World Low Cost Airlines Asia Pacific Conference. -Voted as India's Best Low Cost Airline by Outlook Traveller -Registered Office of the Company has been shifted To Murasoli Maran Towers, 73, MRC Nagar Main Road, MRC Nagar, Chennai - 600028, Tamil Nadu 2012 -Mr. Chandan Sand has been appointed as GM (Legal) & Company Secretary of the Company. -SpiceJet gets DGFT nod to direct import of ATF -Voted as India's Favourite Domestic Airline for the year 2012 by Outlook Traveller -India's International Low Cost Carrier of the Year 2012 by Travel Agents Association of India -India's Most Outstanding Airline LCC-Domestic Award, by Travel and Hospitality. 2013 -Spicejet Ltd. - Spicejet and Tigerair to strengthen India - Singapore links via interline -SpiceJet introduces low-cost Sharjah- Lucknow flight -SpiceJet to fly Pune-Sharjah flights from Sept. 21 -SpiceJet flies high on tie up with Singapore & 39 s Tigerair scrip zooms over 12% 2014 -SpiceJet offers festival season sale -SpiceJet launches Rs 499 & Early Bird &rsquo offer -SpiceJet runs into more turbulence, flights grounded -SpiceJet extends Rs 1,999 monsoon offer pan-India -JPMorgan, Singh plan to invest $200 mn in SpiceJet 2015 -SpiceJet launches new mobile app for customers -SpiceJet launches the `Happy New Year Sale' -SpiceJet flags-off direct flight to Dubai from Amritsar. -SpiceJet announces direct flight from Chennai to Bangkok -SpiceJet initiates major network expansion with six new aircraft 2016 -SpiceJet introduces new flights from Kolkata starting Oct 4 -SpiceJet offers tickets starting at Rs 888 for festive season

Registered Office

Indira Gandhi International Airport, Terminal 1D,

0124-3913939,,,      0124-3913844,



Registrar Details

Karvy Computershare Private Ltd.