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Interglobe Aviation

₹5583.5 -106.4 | 1.9%

Market Cap ₹215853 Cr.

Stock P/E 29.7

P/B 25

Current Price ₹5583.5

Book Value ₹ 223.4

Face Value 10

52W High ₹6225.1

Dividend Yield 0.18%

52W Low ₹ 3829.8

Interglobe Aviation Research see more...

Overview Inc. Year: 2004Industry: Airlines

Interglobe Aviation Limited is an primarily India-based enterprise engaged in the provision of passenger services. The Company is engaged in the enterprise of presenting domestic as well as international scheduled air transport services underneath the logo of IndiGo. It additionally presents shipment services and related allied services, along with in-flight income. The Company operates on a LCC business version. The Company has a fleet of about 276 aircrafts. IndiGo has a complete destination count of 87 with 63 domestic locations and 24 International.

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Interglobe Aviation Share Price

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Peer Comparison

Interglobe Aviation Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 16683 14944 19452 17825 19571 16970 22111 22152 20496 18555
Other Income 594 559 610 680 678 789 882 946 1046 1044
Total Income 17277 15503 20062 18505 20249 17759 22993 23098 21543 19600
Total Expenditure 11825 12744 14303 13832 14412 15339 16932 16063 15270 17976
Operating Profit 5452 2759 5759 4673 5837 2421 6061 7035 6273 1624
Interest 954 1021 1095 1099 1158 1240 1308 1374 1396 1465
Depreciation 1408 1549 1666 1803 1876 2088 2226 2491 2566 2641
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 3091 189 2999 1771 2804 -907 2527 3169 2311 -2482
Provision for Tax 0 0 0 -124 75 80 78 102 134 100
Profit After Tax 3091 189 2998 1895 2729 -987 2449 3068 2176 -2582
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3091 189 2998 1895 2729 -987 2449 3068 2176 -2582
Adjusted Earnings Per Share 80.2 4.9 77.7 49.1 70.7 -25.5 63.4 79.4 56.3 -66.8

Interglobe Aviation Profit & Loss

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 18581 23021 28497 35756 14641 25931 54446 68904 80803 83314
Other Income 810 947 1325 1536 1560 726 1435 2327 3295 3918
Total Income 19391 23968 29821 37292 16201 26657 55881 71231 84098 87234
Total Expenditure 16383 19991 28646 31671 15149 25356 47915 52548 62701 66241
Operating Profit 3008 3977 1176 5620 1051 1301 7966 18683 21397 20993
Interest 406 413 563 1902 2170 2386 3168 4208 5124 5543
Depreciation 457 437 760 3974 4699 5069 5103 6426 8680 9924
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 2144 3127 -147 -256 -5818 -6154 -304 8049 7593 5525
Provision for Tax 485 884 -305 -22 -12 8 1 -123 335 414
Profit After Tax 1659 2242 157 -234 -5806 -6162 -306 8173 7258 5111
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 1659 2242 157 -234 -5806 -6162 -306 8173 7258 5111
Adjusted Earnings Per Share 45.9 58.3 4.1 -6.1 -150.9 -159.9 -7.9 211.7 187.8 132.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 17% 46% 18% 0%
Operating Profit CAGR 15% 154% 31% 0%
PAT CAGR -11% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 40% 46% 30% NA%
ROE Average 130% 43% -13% 2%
ROCE Average 169% 56% -269% -137%

Interglobe Aviation Balance Sheet

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 3779 7077 6946 5878 111 -5988 -6247 1997 9368
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 2396 2241 2194 347 382 416 0 0 0
Other Non-Current Liabilities 4757 7054 9920 21795 25980 31470 43919 51660 74821
Total Current Liabilities 6208 7397 8617 16440 18926 22419 23853 30801 34220
Total Liabilities 17141 23769 27676 44460 45399 48318 61526 84457 118409
Fixed Assets 3794 4579 5662 16779 18817 21284 27658 36154 51782
Other Non-Current Assets 2477 3285 3291 5222 5766 6803 7717 12448 15922
Total Current Assets 10870 15905 18724 22459 20671 20231 26151 35855 50705
Total Assets 17141 23769 27676 44460 45399 48318 61526 84457 118409

Interglobe Aviation Cash Flow

#(Fig in Cr.) Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 805 153 671 728 719 509 1015 1268 695
Cash Flow from Operating Activities 3782 3903 3176 6972 -1614 2091 12728 21218 24151
Cash Flow from Investing Activities -3038 -4160 -2536 -4568 3197 1502 -4059 -11809 -12759
Cash Flow from Financing Activities -1401 766 -592 -2407 -1775 -3088 -8432 -9979 -11015
Net Cash Inflow / Outflow -657 510 47 -4 -192 505 236 -570 377
Closing Cash & Cash Equivalent 153 671 728 719 509 1015 1268 695 1073

Interglobe Aviation Ratios

# Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 45.9 58.33 4.09 -6.07 -150.85 -159.94 -7.93 211.72 187.85
CEPS(Rs) 58.55 69.7 23.85 97.2 -28.76 -28.38 124.43 378.19 412.49
DPS(Rs) 34 6 5 0 0 0 0 0 10
Book NAV/Share(Rs) 103.03 182.71 179.63 152.48 1.97 -156.69 -163.27 50.15 239.7
Core EBITDA Margin(%) 11.83 13.16 -0.52 11.42 -3.48 2.22 12 23.74 22.4
EBIT Margin(%) 13.73 15.38 1.46 4.6 -24.92 -14.53 5.26 17.79 15.74
Pre Tax Margin(%) 11.54 13.58 -0.52 -0.72 -39.74 -23.73 -0.56 11.68 9.4
PAT Margin (%) 8.93 9.74 0.55 -0.65 -39.66 -23.76 -0.56 11.86 8.98
Cash Profit Margin (%) 11.39 11.64 3.22 10.46 -7.56 -4.22 8.81 21.19 19.73
ROA(%) 9.68 10.96 0.64 -0.65 -12.92 -13.15 -0.56 11.2 7.16
ROE(%) 44.55 41.73 2.26 -3.66 -195.4 0 0 0 129.64
ROCE(%) 40 44.51 4.4 20.66 -79.48 -1434.91 0 0 168.93
Receivable days 3.12 3.05 3.77 3.17 5.96 3.88 2.86 3.08 3.12
Inventory Days 3.2 2.75 2.53 2.54 7.51 5.1 3.35 3.22 3.26
Payable days 2288.63 2588.3 3217.44 3099.27 0 7369.81 4058.91 3394.4 3492.46
PER(x) 22.89 22.05 348.87 0 0 0 0 16.74 27.22
Price/Book(x) 10.2 7.04 7.94 7.01 829.84 -12.85 -11.71 70.68 21.33
Dividend Yield(%) 3.24 0.47 0.35 0 0 0 0 0 0.2
EV/Net Sales(x) 1.93 1.97 1.71 0.86 3.7 2.75 1.18 1.77 2.23
EV/Core EBITDA(x) 11.95 11.4 41.4 5.5 51.57 54.84 8.05 6.53 8.43
Net Sales Growth(%) 0 23.9 23.79 25.47 -59.05 77.12 109.97 26.55 17.27
EBIT Growth(%) 0 38.79 -88.25 295.7 -321.62 -3.28 175.99 328.09 3.75
PAT Growth(%) 0 35.15 -92.99 -248.61 -2384.8 -6.12 95.04 2772.59 -11.19
EPS Growth(%) 0 27.08 -92.99 -248.46 -2384.05 -6.03 95.04 2769.46 -11.28
Debt/Equity(x) 0.7 0.35 0.35 0.12 33.04 -0.65 -0.36 0.98 0.19
Current Ratio(x) 1.75 2.15 2.17 1.37 1.09 0.9 1.1 1.16 1.48
Quick Ratio(x) 1.72 2.13 2.15 1.35 1.08 0.88 1.07 1.14 1.46
Interest Cover(x) 6.28 8.57 0.74 0.87 -1.68 -1.58 0.9 2.91 2.48
Total Debt/Mcap(x) 0.07 0.05 0.04 0.02 0.04 0.05 0.03 0.01 0.01

Interglobe Aviation Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 67.77 63.24 63.13 57.29 55.29 49.29 49.27 49.27 43.54 41.58
FII 19.76 20.29 18.7 23.66 24.44 25.39 24.82 25.12 27.31 28.44
DII 10.44 13.31 14.72 15.1 15.44 20.66 21.21 20.73 24.09 24.66
Public 2.02 3.15 3.46 3.95 4.83 4.65 4.69 4.88 5.06 5.32
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 43%
  • Company is almost debt free.

Cons

  • Promoter holding is low: 41.58%.
  • Debtor days have increased from 3394.4 to 3492.46days.
  • Stock is trading at 25 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Interglobe Aviation News

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