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London Stock Exchange · Consumer Cyclical

Invest in Jet2 stock from India

Indian and foreign residents can buy Jet2 (JET2) shares directly through Paasa.

By Paasa · Updated

Jet2 at a glance

Price
£14.36+£0.23 (1.63%)
Market cap
£2.58B
Day range
£13.99 – £14.41
P/E
6.77
Dividend yield
1.18%
Volume
303.30K
1 month
-6.02%
6 months
+27.08%
YTD
+2.28%
1 year
+3.46%
5 years
+8.75%

Live chart and statistics

Jet2 statements, FY2022–FY2026

Fiscal year20262025202420232022
Revenue£7.5B£7.2B£6.3B£5.0B£1.2B
Gross profit£868.1M£898.7M£841.2M£707.7M−£147.9M
Operating income£439.6M£446.5M£428.2M£394.0M−£323.9M
Net income£410.5M£446.8M£399.2M£290.8M−£315.4M
Earnings per share£2.11£2.13£1.92£1.35−£1.47
EBITDA£732.5M£933.3M£849.2M£579.2M−£172.0M
Total assets£6.8B£5.9B£5.6B£4.5B£4.0B
Total debt£1.3B£1.1B£1.5B£1.4B£1.6B
Cash and short-term investments£3.3B£3.2B£3.2B£2.6B£2.2B
Shareholders' equity£2.1B£1.6B£1.4B£1.0B£896.6M
Operating cash flow£886.6M£1.1B£1.1B£952.1M£751.0M
Free cash flow£495.4M£659.1M£685.5M£755.5M£642.6M
Capital expenditure−£391.2M−£398.6M−£408.0M−£196.6M−£108.4M

Fiscal years as reported, the latest ending 31 Mar 2026. Figures in GBP; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
FrasersFRAS.L£8.04£345.73B
BerkeleyBKG.L£33.56£307.60B
InchcapeINCH.L£7.47£260.03B
BellwayBWY.L£22.42£252.35B
Mitchells & ButlersMAB.L£2.80£166.00B
DunelmDNLM.L£8.02£161.57B
CoatsCOA.L£0.82£156.38B
CurrysCURY.L£1.46£151.25B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in Jet2 from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.

  3. Step 3

    Search JET2 and buy

    Find Jet2 by name or by its ticker, JET2, and place your order.

Why invest in Jet2 from India

What Jet2 does

Jet2 plc, a leading UK-based leisure travel group, provides a range of holiday services through its subsidiaries. It operates regular flights for holidaymakers to desirable destinations across the Mediterranean, the Canary Islands, and various European cities. Jet2 operates in the Travel Services industry within the Consumer Cyclical sector.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Here's what inheritance rules in the UK mean for your Jet2 shares.

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.

About inheritance tax in the UK

Frequently asked questions

Can I buy Jet2 stock from India?

Yes. Indian residents and NRIs can buy Jet2 (JET2) shares directly through Paasa. Jet2 is listed on the London Stock Exchange, in the Travel Services industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are Jet2 dividends taxed for Indian investors?

The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. Jet2’s current yield is 1.18%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell Jet2 shares?

Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

What happens to my Jet2 shares if I pass away?

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Jet2 alone.

Is there stamp duty when I buy Jet2 shares?

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.

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