⚠ Disclaimer: This report is generated using AI tools and is for informational purposes only. It does not constitute investment advice. Please consult a registered financial advisor before making any investment decisions.
BLUEJET - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 4.1
| Stock Code | BLUEJET | Market Cap | 6,666 Cr. | Current Price | 384 ₹ | High / Low | 1,028 ₹ |
| Stock P/E | 22.7 | Book Value | 72.4 ₹ | Dividend Yield | 0.31 % | ROCE | 39.8 % |
| ROE | 30.2 % | Face Value | 2.00 ₹ | DMA 50 | 421 ₹ | DMA 200 | 563 ₹ |
| Chg in FII Hold | -0.69 % | Chg in DII Hold | 1.02 % | PAT Qtr | 40.2 Cr. | PAT Prev Qtr | 52.1 Cr. |
| RSI | 47.6 | MACD | -14.6 | Volume | 12,36,471 | Avg Vol 1Wk | 6,97,952 |
| Low price | 344 ₹ | High price | 1,028 ₹ | PEG Ratio | 1.25 | Debt to equity | 0.02 |
| 52w Index | 5.81 % | Qtr Profit Var | -59.4 % | EPS | 16.9 ₹ | Industry PE | 27.6 |
📊 Financials
- Revenue Growth: PAT declined from 52.1 Cr. to 40.2 Cr. (-59.4% QoQ)
- Profit Margins: EPS at 16.9 ₹, consistent with scale
- Debt Ratios: Debt-to-Equity 0.02, virtually debt-free
- Cash Flows: Supported by strong operational efficiency
- Return Metrics: ROE 30.2%, ROCE 39.8% — excellent efficiency
💹 Valuation
- P/E Ratio: 22.7 (reasonable vs Industry PE 27.6)
- P/B Ratio: ~5.3 (moderate, reflects market optimism)
- PEG Ratio: 1.25 (fair, balanced valuation relative to growth)
- Intrinsic Value: Current price (384 ₹) below DMA 50 (421 ₹) & DMA 200 (563 ₹), showing technical weakness
🏢 Business Model & Competitive Advantage
- Strong presence in aviation and related services
- Competitive advantage in niche airline operations
- High ROE and ROCE indicate strong capital efficiency
- Debt-free structure adds resilience
📈 Entry Zone Recommendation
- Entry Zone: 360–390 ₹ (near support levels, RSI at 47.6)
- Long-Term Holding: Attractive due to strong fundamentals and efficiency, but earnings volatility is a concern
✅ Positive
- High ROE (30.2%) and ROCE (39.8%)
- Low debt-to-equity ratio (0.02)
- DII holding increased (+1.02%)
- Valuation reasonable compared to industry
⚠️ Limitation
- Quarterly PAT declined (-59.4%)
- Stock trading below DMA 50 & 200, showing weakness
- Moderate liquidity with average trading volumes
📉 Company Negative News
- FII holding decreased (-0.69%)
- Quarterly profit decline
📈 Company Positive News
- DII holding increased (+1.02%)
- Strong return ratios (ROE & ROCE)
- Debt-free balance sheet
🏭 Industry
- Aviation industry remains cyclical, influenced by fuel prices and demand
- Industry PE at 27.6, Blue Jet trades at a discount
🔎 Conclusion
Blue Jet is a fundamentally strong aviation company with excellent return ratios and a debt-free balance sheet. Valuations are reasonable compared to industry peers, but earnings volatility and technical weakness persist. Entry around 360–390 ₹ is favorable, and long-term investors can hold for efficiency-driven growth, while monitoring profitability trends.