Spicejet Ltd
BSE:SPICEJETStandalone figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
Standalone figures
| Ratio | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||
| Gross margin % | — | — | — | — | ||||
| — |
| — |
| — |
| — |
| EBITDA margin % | — | -0.2% | 4.1% | 3.5% | -14.1% | -11.6% | -9.2% | -8.8% |
| EBIT margin % | — | -3% | -9.9% | -26.9% | -33.8% | -23% | -19.8% | -20.9% |
| PAT margin % | 7.3% | -3.5% | -7.6% | -19.5% | -26.3% | -17% | -5.8% | 1.1% |
| Working capital | ||||||||
| Receivable days | — | — | — | 25 | 14 | 6 | 54 | 68 |
| Inventory days | — | — | — | 11 | 7 | 6 | 8 | 11 |
| Payable days | — | — | — | 163 | 141 | 118 | 157 | 148 |
| NWC days | — | — | — | -127 | -120 | -106 | -95 | -69 |
| Leverage | ||||||||
| Current ratio | — | — | — | 0.33 | 0.25 | 0.21 | 0.28 | 0.41 |
| Debt to EBITDA | — | — | — | 5.98 | — | — | — | — |
| Debt to equity | — | — | — | -0.42 | -0.25 | -0.37 | -0.45 | 1.3 |
| Interest coverage | -3.4 | -0.9 | -0.7 | -0.7 | -2.4 | -2 | 0.1 | 1.2 |
| Asset turnover | — | — | — | 0.45 | 0.69 | 0.86 | 0.79 | 0.58 |
| Return ratios | ||||||||
| Return on assets % | — | — | — | -8.8% | -18.1% | -14.6% | -4.6% | 0.6% |
| Return on capital employed % | — | — | — | -11% | -50.6% | -144.9% | 26.9% | 27.4% |
| Return on equity % | — | — | — | 38.8% | 40.2% | 46.5% | 15.8% | 8.5% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.