SpiceJet [SPICEJET] vs Ion Exchange (India [IONEXCHANG] Detailed Stock Comparison
TLDR: Quick Comparison Summary
Based on 20 vital metrics comparison: SpiceJet Ltd wins in 5 metrics, Ion Exchange (India) Ltd. wins in 13 metrics, with 0 ties. Ion Exchange (India) Ltd. appears stronger overall.
View Metrics Details
Vital Metrics Comparison
| Metric | SpiceJet Ltd | Ion Exchange (India) Ltd. | Better |
|---|---|---|---|
| P/E Ratio (TTM) | 24.83 | 26.60 | SpiceJet Ltd |
| Price-to-Book Ratio | -0.78 | 3.74 | Ion Exchange (India) Ltd. |
| Debt-to-Equity Ratio | -1.50 | 32.49 | Ion Exchange (India) Ltd. |
| PEG Ratio | -0.02 | -0.44 | SpiceJet Ltd |
| EV/EBITDA | -6.99 | 18.61 | Ion Exchange (India) Ltd. |
| Profit Margin (TTM) | -16.18% | 6.30% | Ion Exchange (India) Ltd. |
| Operating Margin (TTM) | -19.49% | 5.54% | Ion Exchange (India) Ltd. |
| EBITDA Margin (TTM) | N/A | 5.54% | N/A |
| Return on Equity | -3.23% | 17.18% | Ion Exchange (India) Ltd. |
| Return on Assets (TTM) | 0.95% | 6.96% | Ion Exchange (India) Ltd. |
| Free Cash Flow (TTM) | $-17.70B | $-2.88B | Ion Exchange (India) Ltd. |
| Dividend Yield | N/A | 0.72% | N/A |
| 1-Year Return | -71.65% | -33.48% | Ion Exchange (India) Ltd. |
| Price-to-Sales Ratio (TTM) | 0.47 | 1.74 | SpiceJet Ltd |
| Enterprise Value | $60.13B | $48.91B | SpiceJet Ltd |
| EV/Revenue Ratio | 1.26 | 1.70 | SpiceJet Ltd |
| Gross Profit Margin (TTM) | -5.63% | 37.16% | Ion Exchange (India) Ltd. |
| Revenue per Share (TTM) | $34 | $243 | Ion Exchange (India) Ltd. |
| Earnings per Share (Diluted) | $-4.34 | $15.32 | Ion Exchange (India) Ltd. |
| Beta (Stock Volatility) | 0.36 | 0.32 | Ion Exchange (India) Ltd. |
SpiceJet Ltd vs Ion Exchange (India) Ltd. Stock Performance Analysis
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Performance Comparison
Short-term Returns
| Stock | 1D | 1W | 1M | 3M | 6M | YTD |
|---|---|---|---|---|---|---|
| SpiceJet Ltd | 1.89% | -3.04% | -2.28% | -11.41% | -61.00% | -58.45% |
| Ion Exchange (India) Ltd. | -1.79% | -6.93% | -14.07% | 2.02% | 3.54% | -5.30% |
Long-term Returns
| Stock | 1Y | 3Y | 5Y | 10Y | 15Y | 20Y |
|---|---|---|---|---|---|---|
| SpiceJet Ltd | -71.65% | -51.02% | -83.99% | -80.11% | -63.83% | -80.09% |
| Ion Exchange (India) Ltd. | -33.48% | -5.60% | 97.01% | 97.01% | 97.01% | 97.01% |
Performance & Financial Health Analysis: SpiceJet Ltd vs Ion Exchange (India) Ltd.
| Metric | SPICEJET | IONEXCHANG |
|---|---|---|
| Market Information | ||
| Market Cap | ₹22.57B | ₹49.71B |
| Market Cap Category | Small cap | Small cap |
| 10 Day Avg. Volume | 21,527,273 | 240,964 |
| 90 Day Avg. Volume | 22,388,784 | 353,611 |
| Last Close | ₹12.42 | ₹353.75 |
| 52 Week Range | ₹9.53 - ₹46.90 | ₹312.70 - ₹580.75 |
| % from 52W High | -73.52% | -39.09% |
| All-Time High | ₹156.90 (Jun 03, 2019) | ₹4,134.55 (May 22, 2023) |
| % from All-Time High | -92.08% | -91.44% |
| Growth Metrics | ||
| Quarterly Revenue Growth | 0.14% | 0.06% |
| Quarterly Earnings Growth | 0.14% | -0.58% |
| Financial Health | ||
| Profit Margin (TTM) | -0.16% | 0.06% |
| Operating Margin (TTM) | -0.19% | 0.06% |
| Return on Equity (TTM) | -0.03% | 0.17% |
| Debt to Equity (MRQ) | -1.50 | 32.49 |
| Cash & Liquidity | ||
| Book Value per Share (MRQ) | ₹-19.83 | ₹109.04 |
| Cash per Share (MRQ) | ₹2.73 | ₹32.95 |
| Operating Cash Flow (TTM) | ₹-20,981,500,000 | ₹-162,819,000 |
| Levered Free Cash Flow (TTM) | ₹627.68M | ₹2.08B |
| Dividends | ||
| Last 12-Month Dividend Yield | N/A | 0.72% |
| Last 12-Month Dividend | N/A | ₹3.00 |
Valuation & Enterprise Metrics Analysis: SpiceJet Ltd vs Ion Exchange (India) Ltd.
| Metric | SPICEJET (Apr 24, 2026) | IONEXCHANG (Apr 24, 2026) |
|---|---|---|
| Price Ratios | ||
| P/E Ratio (TTM) | 24.83 | 26.60 |
| Forward P/E | -1.43 | 22.64 |
| PEG Ratio | -0.02 | -0.44 |
| Price to Sales (TTM) | 0.47 | 1.74 |
| Price to Book (MRQ) | -0.78 | 3.74 |
| Market Capitalization | ||
| Market Capitalization | ₹22.57B | ₹49.71B |
| Enterprise Value | ₹60.13B | ₹48.91B |
| Enterprise Value Metrics | ||
| Enterprise to Revenue | 1.26 | 1.70 |
| Enterprise to EBITDA | -6.99 | 18.61 |
| Risk & Other Metrics | ||
| Beta | 0.36 | 0.32 |
| Book Value per Share (MRQ) | ₹-19.83 | ₹109.04 |
Financial Statements Comparison: SpiceJet Ltd vs Ion Exchange (India) Ltd.
Financial Metrics
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Revenue
Operating Margin
Profit Margin
Long Term Debt
Income Flow Analysis
Financial Statements Comparison
Income Statement
| Metric | SPICEJET (2025) | IONEXCHANG (2025) |
|---|---|---|
| Revenue/Sales | 50.74B | 27.16B |
| Cost of Goods Sold | 55.74B | 17.26B |
| COGS % of Revenue | 109.9% | 63.6% |
| Gross Profit | -5.00B | 9.90B |
| Gross Margin | -9.9% | 36.4% |
| Research & Development | N/A | N/A |
| Operating Income (EBIT) | -8.86B | 2.54B |
| Operating Margin | -17.5% | 9.4% |
| EBITDA | 9.23B | 3.42B |
| EBITDA Margin | 18.2% | 12.6% |
| Pre-Tax Income | 619.32M | 2.85B |
| Pre-Tax Income % of Revenue | 1.2% | 10.5% |
| Income Tax | 0 | 772.22M |
| Income Tax % of Revenue | 0.0% | 2.8% |
| Net Income (Profit) | 619.32M | 2.08B |
| Profit Margin | 1.2% | 7.7% |
Balance Sheet & Liquidity Metrics
| Metric | SPICEJET (2025) | IONEXCHANG (2025) |
|---|---|---|
| Cash & Equivalents | 388.17M | 1.49B |
| Total Current Assets | 27.29B | 21.80B |
| Total Current Assets % of Revenue | 53.8% | 80.3% |
| Total Current Liabilities | 66.72B | 14.68B |
| Total Current Liabilities % of Revenue | 131.5% | 54.1% |
| Long-Term Debt | 17.55B | 2.66B |
| Long-Term Debt % of Revenue | 34.6% | 9.8% |
| Total Shareholders Equity | -19.44B | 12.09B |
| Retained Earnings | -78.34B | 11.03B |
| Retained Earnings % of Revenue | -154.4% | 40.6% |
| Property, Plant & Equipment | 4.71B | 37.75M |
Cash Flow Statement Comparison
| Metric | SPICEJET (2025) | IONEXCHANG (2025) |
|---|---|---|
| Operating Cash Flow | -20.98B | -162.82M |
| Operating Cash Flow % of Revenue | -41.4% | -0.6% |
| Capital Expenditures | -779.99M | -3.19B |
| Free Cash Flow | -17.70B | -2.88B |
| FCF Margin | -34.9% | -10.6% |
| Debt Repayment | -2.66B | -192.23M |
| Common Stock Repurchase | N/A | N/A |
Short Interest & Institutional Ownership Analysis
| Metric | SPICEJET | IONEXCHANG |
|---|---|---|
| Shares Short | N/A | N/A |
| Short Ratio | N/A | N/A |
| Short % of Float | N/A | N/A |
| Shares Outstanding | 1.53B | 122.93M |
| Float Shares | 870.53M | 77.51M |
| % Held by Insiders | 33.77% | 44.53% |
| % Held by Institutions | 6.81% | 19.79% |
| % Held by Public | 59.42% | 35.68% |
Dividend Analysis & Yield Comparison: SpiceJet Ltd vs Ion Exchange (India) Ltd.
| Metric | SPICEJET | IONEXCHANG |
|---|---|---|
| Last 12-Month Dividend | N/A | ₹3.00 |
| Last 12-Month Dividend Yield | N/A | 0.72% |
| 3-Year Avg Annual Dividend | N/A | ₹1.42 |
| 3-Year Avg Dividend Yield | N/A | 0.27% |
| 3-Year Total Dividends | N/A | ₹4.25 |
| Ex-Dividend Date | N/A | Sep 02, 2025 |