SpiceJet Limited

BSE:500285 Stock Report

Market Cap: ₹19.2b

SpiceJet Management

Management criteria checks 2/4

SpiceJet's CEO is Ajay Singh, appointed in May 2015, has a tenure of 11.08 years. directly owns 20.12% of the company’s shares, worth ₹3.78B. The average tenure of the management team and the board of directors is 11.1 years and 7.3 years respectively.

Key information

Ajay Singh

Chief executive officer

₹72.0m

Total compensation

CEO salary percentagen/a
CEO tenure11.1yrs
CEO ownership20.1%
Management average tenure11.1yrs
Board average tenure7.3yrs

Recent management updates

Recent updates

New Narrative • Jan 10

SpiceJet's Turnaround Story: From 28 Aircraft to 100, and Beyond

Increasing Demand in the Aviation Sector: With India’s growing middle class and an expanding air travel market, particularly after the COVID-19 pandemic, the demand for both domestic and international

CEO

Ajay Singh (61 yo)

11.1yrs
Tenure
₹72,000,000
Compensation

Mr. Ajay Singh has been Chairman since May 31, 2015 and Managing Director of SpiceJet Limited since May 21, 2015. Mr. Singh Co-Founded Argentum Motors Private Limited and serves as its Chairman. He has ext...

Leadership Team

NamePositionTenureCompensationOwnership
Ajay Singh
Chairman & MD11.1yrs₹72.00m20.12%
₹ 3.9b
Joyakesh Podder
Deputy Chief Financial Officer1.9yrsno datano data
Ashish Vikram
Chief Technology & Innovation Officerno datano datano data
Chandan Sand
Senior VP of Legal14.3yrs₹4.72mno data
Anand Deora
Senior Manager of Corporate Communicationsno datano datano data
Kamal Hingorani
Chief Customer Service Officer16.3yrsno datano data
G. Gupta
Chief Strategy Officer & Accountable Managerno datano datano data
Tushar Srivastava
Head of Corporate Affairs & CSRno datano datano data
Sanjay Kumar
Executive Directorless than a yearno datano data
Debojo Maharshi
Chief Business Officerno datano datano data
11.1yrs
Average Tenure

Experienced Management: 500285's management team is seasoned and experienced (11.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Ajay Singh
Chairman & MD11.1yrs₹72.00m20.12%
₹ 3.9b
Sanjay Kumar
Executive Directorless than a yearno datano data
Shiwani Singh
Non-Executive & Non-Independent Director11.1yrs₹500.00k0.00039%
₹ 75.0k
Anurag Bhargava
Independent & Non-Executive Director9.8yrs₹300.00kno data
Ajay Aggarwal
Independent Director7.3yrs₹400.00k0.0016%
₹ 315.4k
Manoj Kumar
Independent Director7.1yrs₹600.00k0.00072%
₹ 138.4k
Sonum Malhotra
Independent Director1.8yrs₹100.00kno data
7.3yrs
Average Tenure
60yo
Average Age

Experienced Board: 500285's board of directors are considered experienced (7.3 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/29 12:40
End of Day Share Price 2026/06/29 00:00
Earnings2025/12/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

SpiceJet Limited is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Praveen Sahay360 ONE Capital Market Private Limited
Mayur MilakAnand Rathi Shares and Stock Brokers Limited
Anand KumarBofA Global Research