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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
SpiceJet Limited is an India-based airline company. The Company is principally engaged in the business of providing air transport services for the carriage of passengers and cargo. The Company is a low-cost carrier (LCC) operating under the brand name of SpiceJet in India.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak business, trading cheap versus its own history — but flagged on governance.
SPICEJET is scored on the general / industrial framework. It keeps a thin 0.9% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -27.28×) — worth a closer look.
Return on equity is a healthy 17.6%.
At 16× earnings, the stock sits at the 1st percentile of its own 1.5-year range — the cheap end of where it has historically traded. The forensic screen raises a red flag: 2329% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | -1.89 | 6.75 | better |
| P/B | — | 5.98 | — |
| EV/EBITDA | 50.57 | 22.65 | worse |
| ROE | 17.6 | 66.25 | worse |
| ROCE | -18.22 | 7.35 | worse |
| ROA | -13.2 | — | — |
| Quick Ratio | 0.38 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Interglobe Aviation | -40.1 | 27.6 | -14.2% |
| Raymond | 80.7 | 1.8 | 8.9% |
| Flysbs Aviation | 0.0 | 4.5 | 19.4% |
Revenue declined 21% in the latest year — a break from prior trajectory. Negative CAGR — the top line has shrunk over this window. Growth is decelerating — latest year grew slower than the year before.
3 of the 4 years shown had a loss — profitability is inconsistent. The latest year saw a +115% swing — check if it's a one-off or structural.
Operating margin has expanded from -23% to 1% — the business is keeping more of each rupee earned.
EPS has grown every year — each share earns more than the last, consistently.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 85% sequentially — momentum is building. Wide quarterly swings (57% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 25% below earlier ones.
3 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 58% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (17% → -17%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.5y median.
Promoters hold just 24.2% — widely held; sentiment-driven. Promoters reduced 9.3pp over 4 quarters — watch whether this is planned divestment or pledge invocations. FIIs trimmed 6.0pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.