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Spicejet Ltd is an India based airline company. It offers both domestic as well as international air travel services. The operating segments of the company are Airline Transport and Freighter and Logistics Services. Its primary revenue source is derived from passenger air travel with ancillary sources comprising Spice max, insurance, preferred seating, Spice vacations, lounge, visa, cab, cargo and onboard merchandise. In addition, the company also offers charter services.
1984
7.1K+
LTM Revenue $651M
LTM EBITDA $31.6M
$988M
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Spicejet has a last 12-month revenue of $651M and a last 12-month EBITDA of $31.6M.
In the most recent fiscal year, Spicejet achieved revenue of $787M and an EBITDA of $76.9M.
Spicejet expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Spicejet valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $996M | $787M | XXX | XXX | XXX |
| Gross Profit | -$187M | -$105M | XXX | XXX | XXX |
| Gross Margin | -19% | -13% | XXX | XXX | XXX |
| EBITDA | -$10.7M | $76.9M | XXX | XXX | XXX |
| EBITDA Margin | -1% | 10% | XXX | XXX | XXX |
| Net Profit | -$203M | -$176M | XXX | XXX | XXX |
| Net Margin | -20% | -22% | XXX | XXX | XXX |
| Net Debt | $124M | $134M | XXX | XXX | XXX |
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As of April 15, 2025, Spicejet's stock price is INR 45 (or $1).
Spicejet has current market cap of INR 63.2B (or $734M), and EV of INR 85.0B (or $988M).
See Spicejet trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $988M | $734M | XXX | XXX | XXX | XXX | $-0.00 |
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Sign UpAs of April 15, 2025, Spicejet has market cap of $734M and EV of $988M.
Spicejet's trades at 1.5x LTM EV/Revenue multiple, and 31.3x LTM EBITDA.
Analysts estimate Spicejet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Spicejet and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $988M | XXX | XXX | XXX |
| EV/Revenue | 1.5x | XXX | XXX | XXX |
| EV/EBITDA | 25.8x | XXX | XXX | XXX |
| P/E | -13.9x | XXX | XXX | XXX |
| P/E/Growth | n/a | XXX | XXX | XXX |
| EV/FCF | 48.3x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpSpicejet's NTM/LTM revenue growth is 39%
Spicejet's revenue per employee for the last fiscal year averaged $0.1M, while opex per employee averaged $8K for the same period.
Over next 12 months, Spicejet's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Spicejet's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Spicejet and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | -21% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 6% | XXX | XXX | XXX | XXX |
| EBITDA Growth | -819% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 44% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.1M | XXX | XXX | XXX | XXX |
| Opex per Employee | $8K | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 5% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 2% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 7% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| flyExclusive | XXX | XXX | XXX | XXX | XXX | XXX |
| Qantas Airways | XXX | XXX | XXX | XXX | XXX | XXX |
| Aegean Airlines | XXX | XXX | XXX | XXX | XXX | XXX |
| Asia Aviation | XXX | XXX | XXX | XXX | XXX | XXX |
| Bangkok Airways | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Spicejet acquired XXX companies to date.
Last acquisition by Spicejet was XXXXXXXX, XXXXX XXXXX XXXXXX . Spicejet acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Spicejet founded? | Spicejet was founded in 1984. |
| Where is Spicejet headquartered? | Spicejet is headquartered in India. |
| How many employees does Spicejet have? | As of today, Spicejet has 7.1K+ employees. |
| Is Spicejet publicy listed? | Yes, Spicejet is a public company listed on BOM. |
| What is the stock symbol of Spicejet? | Spicejet trades under 500285 ticker. |
| When did Spicejet go public? | Spicejet went public in 2000. |
| Who are competitors of Spicejet? | Similar companies to Spicejet include e.g. flyExclusive, Qantas Airways, Aegean Airlines, Asia Aviation. |
| What is the current market cap of Spicejet? | Spicejet's current market cap is $734M |
| What is the current revenue of Spicejet? | Spicejet's last 12-month revenue is $651M. |
| What is the current EBITDA of Spicejet? | Spicejet's last 12-month EBITDA is $31.6M. |
| What is the current EV/Revenue multiple of Spicejet? | Current revenue multiple of Spicejet is 1.5x. |
| What is the current EV/EBITDA multiple of Spicejet? | Current EBITDA multiple of Spicejet is 31.3x. |
| What is the current revenue growth of Spicejet? | Spicejet revenue growth between 2023 and 2024 was -21%. |
| Is Spicejet profitable? | Yes, Spicejet is EBITDA-positive (as of the last 12 months). |
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