InterGlobe Aviation Ltd (INDIGO) AI Stock Analysis

• Market Cap: ₹2.17T
• Dividend Yield: 0.18%
• Average Volume (3M): 85.31K
• Price to Earnings (P/E): 32.4
• Beta (1Y): 1.30
• 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: 219,348
• 30 Day Avg. Volume: 85,312
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: ₹6,407.63
• Price Target Upside: 13.06% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 8

• Rating: 63 Neutral
• Price Target: ₹6,097.00 ▲(7.58% Upside)

InterGlobe Aviation Ltd shows strong financial recovery and operational efficiency post-pandemic, but high leverage and overvaluation concerns weigh on the stock. Technical indicators suggest potential bearish momentum, further impacting the overall score.

Positive Factors

Revenue Growth

The company's significant revenue growth post-pandemic reflects strong market demand and effective business strategies, supporting long-term expansion.

Operational Efficiency

Improved margins indicate enhanced operational efficiency, allowing the company to maintain competitive pricing while boosting profitability.

Cash Flow Management

Robust cash flow management ensures the company can fund operations and investments, enhancing financial stability and growth potential.

Negative Factors

High Leverage

High leverage can increase financial risk, potentially impacting the company's ability to invest in growth and weather economic downturns.

Net Profit Margin Volatility

Volatile net profit margins can affect long-term profitability, making it challenging to predict future earnings and plan strategically.

Earnings Decline

Declining EPS growth suggests challenges in maintaining profitability, which could hinder the company's ability to deliver shareholder value.

InterGlobe Aviation Ltd Business Overview & Revenue Model

Company Description

InterGlobe Aviation Ltd, operating as IndiGo, is India's largest passenger airline, known for its low-cost carrier business model. Founded in 2006 and headquartered in Gurugram, Haryana, IndiGo focuses on providing affordable and efficient air travel across domestic and international routes. The airline operates a modern fleet of Airbus A320 and A321 aircraft, offering a no-frills flying experience aimed at budget-conscious travelers. IndiGo's core services include passenger air transportation, cargo services, and ancillary offerings such as in-flight meals, seat selection, and excess baggage handling.

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 significant revenue growth and improved operational efficiency post-pandemic. However, high leverage remains a concern, necessitating strategic debt reduction for 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	808.03B	808.03B	673.87B	536.08B	259.31B	142.10B
Gross Profit	205.79B	267.68B	133.71B	85.99B	-17.12B	-41.82B
EBITDA	177.25B	196.76B	180.41B	75.25B	9.51B	6.09B
Net Income	72.58B	72.58B	81.72B	-3.06B	-61.62B	-58.06B
Balance Sheet
Total Assets	1.16T	1.16T	822.25B	591.70B	459.63B	430.51B
Cash, Cash Equivalents and Short-Term Investments	437.38B	437.38B	212.23B	141.80B	182.27B	185.67B
Total Debt	668.10B	668.10B	512.80B	448.54B	368.78B	298.60B
Total Liabilities	1.06T	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: Neutral
• Last Price: 5667.50
• 50DMA: Negative
• 100DMA: Positive
• 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 Neutral. The current price of 5667.5 is below the 20-day moving average (MA) of 5851.41, below the 50-day MA of 5840.56, and above the 200-day MA of 5086.94, indicating a neutral trend. The MACD of -61.85 indicates Positive momentum. The RSI at 42.26 is Neutral, neither overbought nor oversold. The STOCH value of 28.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral 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	₹575.32B	43.00		1.11%	7.48%	12.75%
THOMASCOOK	64 Neutral	₹83.02B	32.72		0.26%	12.46%	-4.05%
INDIGO	63 Neutral	₹2.17T	32.38		0.18%	13.84%	-14.26%
DELHIVERY	61 Neutral	₹351.48B	176.46		―	7.99%	―
Sector *	56 Neutral	$13.59B	17.77	10.03%	0.92%	7.13%	-12.93%
GMRAIRPORT	49 Neutral	₹919.90B	―		―	22.74%	58.39%
SPICEJET	38 Underperform	₹43.13B	―		―	-30.23%	45.36%

InterGlobe Aviation Ltd Corporate Events

InterGlobe Aviation Approves ESOP Share Allotment

InterGlobe Aviation Limited announced the approval of an allotment of 16,000 equity shares under its Employees Stock Option Scheme 2015. This move, approved by the ESOP Allotment Committee, reflects the company’s commitment to rewarding its employees and could potentially enhance employee retention and motivation, thereby positively impacting its operational efficiency and market position.