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Ankit
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SpiceJet
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Ankit
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SpiceJet's Turnaround Story: From 28 Aircraft to 100, and Beyond
SpiceJet, one of India's prominent low-cost carriers, has been on a remarkable turnaround journey in recent years, emerging from a period of financial difficulty to a growth trajectory that promises substantial returns for both customers and investors. The airline, which at its low point was operating with just 28 planes, is now eyeing a future where its fleet expands to 100 aircraft within the next two years, with ambitious revenue targets and profitability goals that could elevate its market capitalization to an unprecedented ₹1 Lakh crore.
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₹539.89
FV
91.6% undervalued
intrinsic discount
43.50%
Revenue growth p.a.
Set Fair Value
4
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3 months ago
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