InterGlobe Aviation Ltd (INDIGO) AI Stock Analysis

• Market Cap: ₹2.17T
• Dividend Yield: 0.18%
• Average Volume (3M): 83.40K
• Price to Earnings (P/E): 32.3
• Beta (1Y): 1.34
• Revenue Growth: 13.84%
• EPS Growth: -14.26%
• Country: IN
• Employees: 36,860
• Sector: Services
• Sector Strength: N/A
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 56.40
• Shares Outstanding: 386,563,840
• 10 Day Avg. Volume: 16,939
• 30 Day Avg. Volume: 83,401
• PEG Ratio: -2.37
• Price to Book (P/B): 20.76
• Price to Sales (P/S): 2.42
• P/FCF Ratio: 8.95
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹6,430.00
• Price Target Upside: 13.66% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 59 Neutral
• Price Target: ₹5,846.00 ▲(3.34% Upside)

InterGlobe Aviation Ltd's financial performance is strong, driven by revenue growth and cash flow improvements. However, high leverage and bearish technical indicators weigh on the stock. The valuation suggests moderate overvaluation, and the lack of earnings call data limits insight into future prospects.

InterGlobe Aviation Ltd Business Overview & Revenue Model

Company Description

InterGlobe Aviation Limited provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline. It also offers ancillary products and services comprising cargo, service requests, ticket modification and cancellation, in-flight sales, ground handling, and tour services. As of July 20, 2022, the company operated approximately 280 aircraft. InterGlobe Aviation Limited was incorporated in 2004 and is based in Gurugram, India.

How the Company Makes Money

IndiGo primarily generates revenue through passenger ticket sales, which constitute the largest portion of its income. As a low-cost carrier, the company focuses on maintaining high aircraft utilization and quick turnaround times to maximize the number of flights per aircraft each day, thereby increasing capacity and revenue. Additional revenue streams include ancillary services such as fees for seat selection, in-flight meals, and excess baggage. Cargo services also contribute to the company's earnings, leveraging the existing passenger network to transport goods. IndiGo maintains cost-efficiency through fuel hedging strategies, streamlined operations, and a single aircraft type fleet, which reduces maintenance and training costs. Strategic partnerships with other airlines and participation in global distribution systems further enhance IndiGo's revenue generation capabilities.

InterGlobe Aviation Ltd Financial Statement Overview

Summary

InterGlobe Aviation Ltd has shown strong revenue growth and improved operational efficiency post-pandemic. However, high financial leverage remains a concern, necessitating strategic debt reduction to ensure long-term financial health.

Income Statement

InterGlobe Aviation Ltd has shown significant revenue growth over the years, especially after recovering from pandemic-related downturns. Gross profit and EBIT margins have improved considerably in recent periods, indicating enhanced operational efficiency. However, net profit margin remains volatile due to fluctuations in net income, affecting overall profitability stability.

Balance Sheet

The company maintains a high debt-to-equity ratio, which raises concerns about financial leverage and associated risks. However, the increase in stockholders' equity in recent periods is a positive sign, improving the equity ratio and overall financial stability. Continued focus on reducing debt could further strengthen the balance sheet.

Cash Flow

InterGlobe Aviation shows a strong recovery in cash flow metrics, with substantial free cash flow growth and robust operating cash flow to net income ratios. This indicates efficient cash management and a capacity to generate cash from operations, despite previous periods of negative free cash flow.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	817.28B	804.96B	673.87B	536.08B	256.72B	145.42B
Gross Profit	179.19B	151.55B	126.12B	62.69B	-23.06B	-41.82B
EBITDA	217.89B	204.48B	180.41B	75.25B	9.51B	6.09B
Net Income	67.06B	72.58B	81.72B	-3.06B	-61.62B	-58.06B
Balance Sheet
Total Assets	0.00	1.16T	822.25B	591.70B	459.63B	430.51B
Cash, Cash Equivalents and Short-Term Investments	333.07B	333.07B	212.23B	141.80B	79.46B	91.28B
Total Debt	0.00	668.10B	512.80B	448.54B	368.78B	298.60B
Total Liabilities	-93.68B	1.06T	802.28B	654.16B	519.51B	429.40B
Stockholders Equity	93.68B	93.68B	19.96B	-62.47B	-59.88B	1.11B
Cash Flow
Free Cash Flow	0.00	217.37B	201.15B	121.58B	17.44B	-20.51B
Operating Cash Flow	0.00	241.51B	212.18B	127.28B	20.91B	-16.14B
Investing Cash Flow	0.00	-127.59B	-118.09B	-40.59B	15.02B	31.97B
Financing Cash Flow	0.00	-110.15B	-99.79B	-84.32B	-30.88B	-17.75B

InterGlobe Aviation Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 5657.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDIGO, the sentiment is Negative. The current price of 5657.2 is below the 20-day moving average (MA) of 5679.35, below the 50-day MA of 5795.94, and above the 200-day MA of 5180.25, indicating a neutral trend. The MACD of -47.51 indicates Positive momentum. The RSI at 42.45 is Neutral, neither overbought nor oversold. The STOCH value of 40.32 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDIGO.

InterGlobe Aviation Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IRCTC	69 Neutral	₹565.20B	42.25	35.89%	1.13%	7.48%	12.75%
DELHIVERY	61 Neutral	₹324.79B	162.91	1.72%	―	7.99%	―
THOMASCOOK	60 Neutral	₹74.86B	29.51	11.26%	0.28%	12.46%	-4.05%
INDIGO	59 Neutral	₹2.17T	32.32	―	0.18%	13.84%	-14.26%
GMRAIRPORT	51 Neutral	₹946.19B	-193.67	15.69%	―	22.74%	58.39%
SPICEJET	38 Underperform	₹37.55B	-6.85	-3.23%	―	-30.23%	45.36%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%