---
title: "Jet Airways (India) Ltd (JETAIRWAYS) — Share Price, Financials & Analysis"
symbol: "JETAIRWAYS"
company: "Jet Airways (India) Ltd"
canonical: "https://tapetide.com/stocks/JETAIRWAYS"
isin: "INE802G01018"
nse_symbol: "JETAIRWAYS"
bse_code: "532617"
sector: "Services"
industry: "Transport Services"
generated_at: "2026-09-13T20:40:04.435Z"
---

# Jet Airways (India) Ltd (JETAIRWAYS)

Canonical page: https://tapetide.com/stocks/JETAIRWAYS

## Company

- **NSE Symbol:** JETAIRWAYS
- **BSE Code:** 532617
- **ISIN:** INE802G01018
- **Sector:** Services
- **Industry:** Transport Services
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2005-03-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** jetairways.com

## About

Incorporated in 1993, Jet Airways Ltd provides scheduled air transportation which includes carriage of passengers, cargo and allied services[1]

## Latest Price

- **Price:** ₹34.16
- **Change:** 0 (0%)
- **Open:** ₹36.69
- **Day High:** ₹37.75
- **Day Low:** ₹34.16
- **Previous Close:** ₹34.16
- **Volume:** 0
- **As Of:** 2024-11-07T10:27:13+00:00

## Key Insights

### Strengths

- Company is expected to give good quarter
- Debtor days have improved from 97.3 to 38.8 days.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -70.8% over past five years.
- Promoter holding is low: 25.0%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 16% | 15% | -7% |
| revenue growth | 0% | -47% | -71% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 10 | 10 | 9 | 74 | 41 | 11 | 11 | 13 | 12 | 12 | 12 | 38 |
| Expenses | 23 | 64 | 83 | 156 | 60 | 73 | 202 | 360 | 280 | 222 | 35 | 53 |
| Operating Profit | -13 | -55 | -73 | -83 | -19 | -62 | -191 | -348 | -268 | -210 | -22 | -15 |
| OPM % | -129 | -572 | -781 | -112 | -46 | -585 | -1740 | -2775 | -2151 | -1697 | -180 | -40 |
| Other Income | 231 | 71 | 8 | 1 | -241 | 2 | 1 | 1 | 1 | 0 | 3 | 2 |
| Interest | 17 | 4 | 4 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 49 | 56 | 39 | 45 | 45 | 43 | 42 | 42 | 40 | 38 | 35 | 36 |
| Profit before tax | 152 | -44 | -107 | -129 | -306 | -104 | -234 | -390 | -308 | -249 | -55 | -51 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 152 | -44 | -107 | -129 | -306 | -104 | -234 | -390 | -308 | -249 | -55 | -51 |
| EPS in Rs | 13.42 | -3.88 | -9.42 | -11.35 | -26.92 | -9.17 | -20.57 | -34.34 | -27.13 | -21.9 | -4.84 | -4.46 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 19573 | 22036 | 21552 | 23287 | 23057 | 333 | 39 | 136 | 50 | 75 |
| Expenses | 19688 | 19707 | 20024 | 23263 | 26718 | 1871 | 277 | 491 | 897 | 590 |
| Operating Profit | -115 | 2328 | 1528 | 24 | -3660 | -1538 | -238 | -355 | -848 | -515 |
| OPM % | -0.6 | 11 | 7 | 0.1 | -16 | -461 | -617 | -260 | -1705 | -689 |
| Other Income | -53 | 708 | 1476 | 672 | -452 | -706 | 311 | -237 | 6 | 6 |
| Interest | 884 | 868 | 851 | 843 | 982 | 302 | 29 | 7 | 4 | 4 |
| Depreciation | 762 | 995 | 671 | 621 | 442 | 296 | 196 | 174 | 156 | 150 |
| Profit before tax | -1814 | 1174 | 1482 | -768 | -5536 | -2841 | -152 | -773 | -1002 | -663 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Net Profit | -1814 | 1174 | 1483 | -768 | -5536 | -2841 | -152 | -773 | -1002 | -663 |
| EPS in Rs | -159.66 | 103.31 | 130.51 | -67.57 | -487.31 | -250.13 | -13.38 | -68.01 | -88.21 | -58.33 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 | 114 |
| Reserves | -2341 | -4204 | -3128 | -6589 | -7356 | -12809 | -15693 | -15846 | -16618 | -17620 |
| Borrowings | 10448 | 11903 | 10813 | 9078 | 8403 | 7684 | 8659 | 3586 | 3546 | 3561 |
| Other Liabilities | 10529 | 11562 | 11913 | 10075 | 11359 | 16126 | 13893 | 18337 | 18718 | 19577 |
| Total Liabilities | 18749 | 19374 | 19712 | 12677 | 12521 | 11115 | 6972 | 6191 | 5760 | 5632 |
| Fixed Assets | 9635 | 9231 | 8805 | 4895 | 3608 | 3343 | 1891 | 1244 | 1071 | 891 |
| CWIP | 0 | 19 | 4 | 709 | 25 | 0 | 0 | 0 | 0 | 0 |
| Investments | 1641 | 696 | 1196 | 1231 | 697 | 696 | 696 | 696 | 696 | 696 |
| Other Assets | 7473 | 9428 | 9707 | 5841 | 8191 | 7076 | 4384 | 4251 | 3993 | 4045 |
| Total Assets | 18749 | 19374 | 19712 | 12677 | 12521 | 11115 | 6972 | 6191 | 5760 | 5632 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 921 | 528 | 2531 | 961 | 1698 | 1834 | -2620 | 76 | 53 | 14 |
| Cash from Investing Activity | -342 | -173 | -739 | 1645 | -359 | 32 | 917 | 492 | 68 | 14 |
| Cash from Financing Activity | -427 | 305 | -2438 | -2379 | -1555 | -1982 | 1606 | -456 | -46 | 11 |
| Net Cash Flow | 153 | 660 | -645 | 227 | -216 | -117 | -96 | 113 | 75 | 39 |
| Free Cash Flow | 1352 | 516 | 2266 | 2299 | 822 | 1569 | -2613 | 566 | 118 | 27 |
| CFO/OP | -67 | -468 | 109 | 57 | 7006 | -52 | 171 | -32 | -15 | -2 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 26 | 26 | 27 | 23 | 20 | 7 | 13 | 242 | 11 | 39 |
| Cash Conversion Cycle | 26 | 26 | 27 | 23 | 20 | 7 | 13 | 242 | 11 | 39 |
| Working Capital Days | -216 | -205 | -165 | -142 | -132 | -273 | -20253 | -171120 | -50263 | -144283 |
| ROCE % | -21 | -4 | 25 | 35 | 4 | — | — | — | — | — |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 51% | 51% | 51% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% |
| FIIs | 2.84% | 5.23% | 1.47% | 0.19% | 0.24% | 0.18% | 0.22% | 0.21% | 0.01% | 0.01% |
| DIIs | 10.33% | 11.54% | 5.89% | 28.17% | 28.15% | 26.08% | 28.15% | 28.15% | 28.15% | 28.15% |
| Public | 35.83% | 32.23% | 41.64% | 46.65% | 46.62% | 48.75% | 46.64% | 46.65% | 46.84% | 46.84% |
| No. of Shareholders | 111373 | 93916 | 142990 | 152769 | 157335 | 168032 | 162148 | 151525 | 148834 | 148793 |

### Quarterly

| Category | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Dec 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% | 24.99% |
| FIIs | 0.22% | 0.22% | 0.2% | 0.21% | 0.21% | 0.21% | 0.21% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| DIIs | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% | 28.15% |
| Public | 46.63% | 46.64% | 46.66% | 46.66% | 46.65% | 46.65% | 46.63% | 46.84% | 46.84% | 46.84% | 46.84% | 46.84% |
| No. of Shareholders | 164370 | 162148 | 159212 | 155919 | 153759 | 151525 | 149299 | 148129 | 148856 | 148834 | 148813 | 148793 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 5 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 31.13 | Sell |
| EMA (10) | 31.02 | Sell |
| SMA (20) | 31.12 | Sell |
| EMA (20) | 31.01 | Sell |
| SMA (50) | 30.49 | Sell |
| EMA (50) | 30.98 | Sell |
| SMA (100) | 31.57 | Sell |
| EMA (100) | 31.53 | Sell |
| SMA (200) | 32.8 | Sell |
| EMA (200) | 32.91 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.69 | Neutral |
| MACD (12,26,9) | 0.07 | Sell |
| Stochastic (14,3,3) | 44.13 | Neutral |
| ADX (14) | 38.84 | Buy |
| Williams %R (14) | -75.34 | Neutral |
| ATR (14) | 3.08 | High Volatility |
| ROC (12) | -8.92 | Sell |
| Stoch RSI (14) | 4.65 | Buy |
| UO (7,14,28) | 40.23 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-04-09 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6864241d-793c-4050-9a75-1c8260db0fad.pdf) |
| 2026-04-08 | [Intimation Regarding Auction Outcome For Sale Of Aircraft Assets](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ea97d254-ac6c-4016-8f4a-5aa2bdb7711a.pdf) |
| 2026-03-20 | [Public Announcement For E-Auction](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1eff5ade-4fa3-47df-87b4-14ddca60aa9d.pdf) |
| 2026-03-05 | [Public Announcement For E-Auction](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=19dae1e8-cfb8-4334-82ac-0dd8c0845c49.pdf) |
| 2026-02-11 | [Intimation Regarding Agreement To Sale The Asset](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a4162776-6daf-47bf-a690-3c56c9dc389b.pdf) |
| 2026-01-15 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d96158f2-c166-48d3-afdc-9d2cc20e7aa3.pdf) |
| 2025-09-02 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=64419ebe-7ed3-410f-852b-d50086efd4a7.pdf) |
| 2025-09-01 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3605c474-d247-4261-8487-3cf67a2224a4.pdf) |
| 2025-08-27 | [Announcement Regarding Execution Of Deed Of Assignment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dad82162-9dc7-4426-85ef-ea606bf72f24.pdf) |
| 2025-06-20 | [Newspapers Advertisement Regarding Change Of Registered Office Of Jet Airways (India) Limited (The Company)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3427bbc8-e449-4e70-90f6-f321a9ea8747.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9 Apr - Regulation 74(5) compliance certificate submitted for quarter ended March 31, 2026. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Regulation 74(5) compliance certificate submitted for quarter ended March 31, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6864241d-793c-4050-9a75-1c8260db0fad.pdf) |
| 8 Apr - 8 Apr 2026 auction sold two Boeing 777s for Rs 5,68,17,90,000 total to Ace Aviation entities. | [Intimation Regarding Auction Outcome For Sale Of Aircraft Assets 8 Apr - 8 Apr 2026 auction sold two Boeing 777s for Rs 5,68,17,90,000 total to Ace Aviation entities.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ea97d254-ac6c-4016-8f4a-5aa2bdb7711a.pdf) |
| 5 Mar - Two Boeing 777s up for e-auction under Jet Airways liquidation; reserves INR 1,71,80,50,000 and INR 1,84,95,00,000; auction March 27, 2026. | [Public Announcement For E-Auction 5 Mar - Two Boeing 777s up for e-auction under Jet Airways liquidation; reserves INR 1,71,80,50,000 and INR 1,84,95,00,000; auction March 27, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19dae1e8-cfb8-4334-82ac-0dd8c0845c49.pdf) |
| 20 Mar - Jet Airways corrects Boeing 777-300ER (35157-VT-JET), engines and APU in March 5 e-auction filing. | [Public Announcement For E-Auction 20 Mar - Jet Airways corrects Boeing 777-300ER (35157-VT-JET), engines and APU in March 5 e-auction filing.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1eff5ade-4fa3-47df-87b4-14ddca60aa9d.pdf) |
| 2 Sep 2025 - Ms. Kirti appointed Company Secretary effective 18 Aug 2025; delayed stock-exchange dissemination. | [Announcement under Regulation 30 (LODR)-Change in Management 2 Sep 2025 - Ms. Kirti appointed Company Secretary effective 18 Aug 2025; delayed stock-exchange dissemination.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/64419ebe-7ed3-410f-852b-d50086efd4a7.pdf) |
| 11 Feb - Sold three aircraft and engines to Ace Aviation VIII/X/IX (Malta) for USD 16M, 12.5M, 17.5M under liquidation. | [Intimation Regarding Agreement To Sale The Asset 11 Feb - Sold three aircraft and engines to Ace Aviation VIII/X/IX (Malta) for USD 16M, 12.5M, 17.5M under liquidation.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a4162776-6daf-47bf-a690-3c56c9dc389b.pdf) |
| 1 Sep 2025 - Ms. Kirti appointed Company Secretary effective 18 Aug 2025 at Jet Airways (India) Limited (Under Liquidation). | [Announcement under Regulation 30 (LODR)-Change in Management 1 Sep 2025 - Ms. Kirti appointed Company Secretary effective 18 Aug 2025 at Jet Airways (India) Limited (Under Liquidation).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3605c474-d247-4261-8487-3cf67a2224a4.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Jan](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d96158f2-c166-48d3-afdc-9d2cc20e7aa3.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_JETAIRWAYS_2011_2012_31122012051717.zip) |
| from nse | [Annual Report 2011 from nse](https://archives.nseindia.com/annual_reports/AR_JETAIRWAYS_2010_2011_09092011050405.zip) |
| from nse | [Annual Report 2010 from nse](https://archives.nseindia.com/annual_reports/AR_JETAIRWAYS_2009_2010_23082010120000.zip) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170314.pdf) |
| from bse | [Annual Report 2013 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170313.pdf) |
| from bse | [Annual Report 2012 from bse](https://www.bseindia.com/bseplus/AnnualReport/532617/5326170312.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d48388b0-5d00-4b9c-b755-e932dbd08e04.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/d48388b0-5d00-4b9c-b755-e932dbd08e04.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:40:04.435Z.