SpiceJet share price today

SpiceJet Ltd's share price was ₹7.64 at the close on 4 November 2026. It has been falling for 94 weeks. That is 49.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹7 and ₹35, and at that close it sat 1% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today SpiceJet Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 22 weeks running.

Over the last 11 years the share price moved −88% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 19 June 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue grew again in the December 2025 quarter, foreign funds (FIIs) cut their stake for 6 quarters in a row and indian funds and insurers (DIIs) cut their stake for 6 quarters in a row.

1. Revenue grew again in the December 2025 quarter

   Revenue was ₹1,408 crore, +13.8% on a year earlier (₹1,237 crore), after 8 quarters of decline.

2. Foreign funds (FIIs) cut their stake for 6 quarters in a row

   From 22.9% to 2% of the company by the March 2026 quarter.

3. Indian funds and insurers (DIIs) cut their stake for 6 quarters in a row

   From 8.5% to 2.3% of the company by the March 2026 quarter.

For October to December 2025 (the quarter ended 31 December 2025), SpiceJet reported revenue of ₹1,408 crore, up 13.8% from ₹1,237 crore a year earlier, and a loss of ₹262 crore, down 1,410.0% from ₹20.0 crore.

SpiceJet results: October to December 2025 against a year earlier

The next results, for January to March 2026, were due by 30 May 2026: listed companies must publish quarterly results within 60 days of the quarter's end (the January to March quarter comes with the full-year accounts). This page shows them once our weekly data update has read them.

From the company's reported quarterly results (quarter ended 31 December 2025). Revenue and profit in ₹ crore.

SpiceJet closed at ₹7.64 on 4 November 2026, down 78.3% from ₹35.27 a year earlier (7 November 2025) and down 89.2% over five years. Its highest weekly close since March 2016 was ₹150.35 on 3 November 2017.

SpiceJet share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: SpiceJet closed at ₹7.64, up 2.0% on the week and down 17.8% on the month. Results for October to December 2025: Revenue up 13.8% and profit down 1,410.0% on a year earlier.

SpiceJet has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. SpiceJet Ltd paid out 0% of its profit as dividends in each of its last 12 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

SpiceJet is on 2 of our India lists: 52 week high & low and Penny stocks.

SpiceJet Ltd posted a net loss of ₹262 Cr in the Dec 2025 quarter. Full-year FY25 profit was ₹62.0 Cr. That loss is 18.6% of the quarter's revenue. The same quarter a year earlier earned ₹20.0 Cr. 7 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

Dec 2025 profit was −₹262 Cr, −1,410.0% on a year earlier.

Why profit moved: revenue changed +13.8% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed −496.3% and revenue −12.4%. Profit is growing slower than sales: rising costs are taking part of the growth.

SpiceJet Ltd reported ₹1,408 Cr of revenue in the Dec 2025 quarter, +13.8% on the same quarter a year earlier. Over 10 years it has grown 0.3% a year on average. The last full year, FY25, came in at ₹5,326 Cr. The last four reported quarters add to ₹4,786 Cr.

Revenue is everything the company billed its customers in the period.

FY25 revenue was ₹5,326 Cr, −24.8% on the year before.

Recent pace: the last four quarters grew −12.4% on average, against 0.3% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew −14.5%, against −20.1% a year over the last 8 quarters (accelerating).

SpiceJet Ltd's operating margin was −13.0% in the Dec 2025 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 12 years it has been between −14.0% and 11.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +2.3 percentage points on the year while gross margin changed −1.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years SpiceJet Ltd's operations used more cash than they brought in, so cash conversion was −17%, a gap worth watching. In FY25 its operations used ₹1,689 Cr of cash, against ₹62.0 Cr of profit. After ₹188 Cr of spending on assets, free cash was −₹1,877 Cr: it spent more than its operations brought in.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why −17% of profit came in as cash: the cash cycle stayed about the same between FY20 and FY25, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page.

What to look at next: it has been selling more assets than it buys. The next section shows those figures.

SpiceJet Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 8 days in FY25, down from 9 days in FY20. Over the last 3 years it sold more assets than it bought, by ₹1,033 Cr.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY25 sales of ₹5,326 Cr, each day of that cycle ties up about ₹14.6 Cr, so roughly ₹117 Cr is tied up in the business at any time.

Over the last 3 years, money from selling assets was ₹1,033 Cr more than it spent on new ones. Work still in progress is ₹10.0 Cr (FY25).

In short: assets are being sold, not built, so this cash is not going into new capacity.

SpiceJet Ltd's P/E is 14.5×, in the middle of its own history: higher than 53% of past readings. Its usual P/E (the middle reading) is 14.3×, over 3.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Where the price move came from: over 3 years the price moved −41.7% a year; about +6.1% a year came from earnings growth and about −47.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple.

SpiceJet Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 1 measure, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.