InterGlobe Aviation Limited
₹4,870.00+₹190.00 (+4.1%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹1,83,858 Cr
- P/E
- 36.3x
- EV / EBITDA
- 12.3x
- Revenue
- ₹80,803 Cr
- Net margin
- 11.9%
- ROCE
- 30.7%
Price chart
Technical chartScreen technicals →-14.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -2.2%
- 3M
- -6.9%
- 6M
- +13.4%
- 1Y
- -14.9%
- 5Y
- +124.2%
52-week range
Day change +₹190.00 (+4.1%) from ₹4,680 to ₹4,870 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in INDIGO, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 422.8%
Concerns1
- High leverage — debt-to-equity of 26.54
Rule-based from financial data. Not advice.
About the company
InterGlobe Aviation Limited, together with its subsidiaries, provides air transportation services under the IndiGo brand in India and internationally. The company offers pre-flight and post-flight ground handling operations; passenger and cargo services; and related allied services, such as in-flight sales, and other allied services at the airports.
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InterGlobe Aviation Limited, together with its subsidiaries, provides air transportation services under the IndiGo brand in India and internationally. The company offers pre-flight and post-flight ground handling operations; passenger and cargo services; and related allied services, such as in-flight sales, and other allied services at the airports. It also engages in aircraft and aircraft engine leasing, as well as related financial services. In addition, the company provides cargo transport; charter flights; hotel booking services through its website and mobile app; and cadet pilot program for pilot training. As of March 31, 2025, its fleet consisted of 434 aircraft. The company serves businesses, leisure travelers, students, and families. InterGlobe Aviation Limited was incorporated in 2004 and is based in Gurugram, India.
- Sector
- Transportation
- Shares outstanding
- 38.6 Cr shares
- ISIN
- INE646L01027
- BSE code
- 539448
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹1,83,858 Cr
- P/E
- 36.3x
- P/B
- 21.6x
- EV / EBITDA
- 12.3x
- EV / Sales
- 3.3x
- P/S
- 2.7x
- Earnings yield
- 2.8%
- 52-week high
- ₹5,933.40
- 52-week low
- ₹3,943.75
Profitability
- Operating margin
- 23.7%
- Net margin
- 11.9%
- EBITDA margin
- 27.1%
- ROE
- 422.8%
- ROCE
- 30.7%
- ROA
- 10.0%
- Dividend payout
- 0.0%
- Tax rate
- -2.0%
- Other income, % of PBT
- 28.9%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹80,803 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 14.0%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹18,657 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 134.6%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -11.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹21,183 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 66.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹308 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.0%
Solvency and efficiency
- Current ratio
- 1.60
- Debt / Equity
- 26.54
- Debt / Assets
- 0.62
- Debt / EBITDA
- 2.75
- Interest coverage
- 3.88
- Financial leverage
- 42.48
- CFO / Net profit
- 2.59
- Cash / Market cap
- 16.1%
- Cash per share
- ₹765.76
- Asset turnover
- 0.84
- Fixed asset turnover
- 1.91
- Capital intensity
- 0.52
- Debtor days
- 3 days
- Cash conversion cycle
- 3 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹9 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹62,753 Cr |
| Sales | Operating profit | ₹18,050 Cr |
| Operating profit | Interest | ₹5,133 Cr |
| Operating profit | Depreciation | ₹8,637 Cr |
| Operating profit | Profit before tax | ₹4,280 Cr |
| Other income | Profit before tax | ₹3,307 Cr |
| Profit before tax | Tax and other | ₹335 Cr |
| Profit before tax | Net profit | ₹7,253 Cr |
Revenue and net profit
Revenue grew 17.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹14,641 Cr | -₹5,830 Cr |
| FY2022 | ₹25,931 Cr | -₹6,171 Cr |
| FY2023 | ₹54,446 Cr | -₹317 Cr |
| FY2024 | ₹68,904 Cr | ₹8,168 Cr |
| FY2025 | ₹80,803 Cr | ₹7,253 Cr |
Cash flows
FY2025: ₹24,065 Cr from operations, ₹11,283 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹1,620 Cr | ₹1,608 Cr |
| FY2022 | ₹2,064 Cr | ₹3,591 Cr |
| FY2023 | ₹12,703 Cr | ₹8,664 Cr |
| FY2024 | ₹21,183 Cr | ₹9,424 Cr |
| FY2025 | ₹24,065 Cr | ₹11,283 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹80,803 Cr+17.3%1Y
- Net profit
- ₹7,253 Cr-11.2%1Y
- Cash from operations
- ₹24,065 Cr
- Free cash flow
- ₹11,283 Cr+19.7%1Y
- Revenue CAGR, 5Y
- 14.0%
- EBITDA CAGR, 5Y
- 27.2%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹80,803 Cr | ₹18,050 Cr | — | ₹7,253 Cr | ₹24,065 Cr | ₹11,283 Cr | 77.9% | +17.3% | -11.2% |
Monthly returns
Month-by-month returns of INDIGO across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹1.2 L Cr |
| Equity capital | ₹386 Cr |
| Reserves | ₹8,920 Cr |
| Borrowings | ₹67,088 Cr |
| Other liabilities | ₹39,519 Cr |
| Assets | ₹1.2 L Cr |
| Fixed assets | ₹51,565 Cr |
| Capital work in progress | ₹3 Cr |
| Investments | ₹26,402 Cr |
| Other assets | ₹37,944 Cr |
Market cap against peers
4 peers: same sector group, nearest by size.
P/E against peers
INDIGO trades at 36.3x earnings against a peer median of 33.8x.
Not shown (no positive earnings and no EV / Sales): GMR Airports Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| InterGlobe Aviation LimitedINDIGOthis company | ₹1.8 L Cr | 36.3x | 21.6x | 422.8% | 12.3x |
| GMR Airports LimitedGMRAIRPORT | ₹1.0 L Cr | — | 2.0x | -1.0% | 314.8x |
| AEGIS VOPAK TERMINALS LIMITEDAEGISVOPAK | ₹25,481 Cr | 158.0x | 5.5x | 4.9% | 86.5x |
| BlackBuck LimitedBLACKBUCK | ₹11,912 Cr | 31.2x | 9.0x | -62.6% | -72.2x |
| Ceigall India LimitedCEIGALL | ₹4,805 Cr | 19.2x | 2.5x | 31.5% | 10.5x |
| Peer median | — | 33.8x | 5.5x | 4.9% | 49.4x |
Year-to-date ROI
INDIGO since 1 January, against earlier years.
Historical volatility
INDIGO's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 0.0% |
| FY2022 | 2.0% |
| FY2023 | 12.0% |
| FY2024 | 24.0% |
| FY2025 | 22.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹80,803 Cr |
| Costs | |
| Interest | ₹5,133 Cr |
| Expenses | ₹62,753 Cr |
| Operating profitOperating Profit | ₹18,050 Cr |
| Other income and charges | |
| Profit before tax | ₹7,588 Cr |
| Tax | |
| Net profitNet Profit | ₹7,253 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹1.2 L Cr |
| Equity capitalEquity Capital | ₹386 Cr |
| Reserves | ₹8,920 Cr |
| Borrowings | ₹67,088 Cr |
| Other liabilitiesOther Liabilities | ₹39,519 Cr |
| AssetsTotal Assets | ₹1.2 L Cr |
| Fixed assetsFixed Assets | ₹51,565 Cr |
| Capital work in progressCWIP | ₹3 Cr |
| Investments | ₹26,402 Cr |
| Other assetsOther Assets | ₹37,944 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹24,065 Cr |
| Investing cash flowCash from Investing Activity | -₹12,782 Cr |
| Financing cash flowCash from Financing Activity | -₹10,975 Cr |
| Change in cashNet Cash Flow | ₹308 Cr |
Learn while you research
Academy chapters picked for InterGlobe Aviation Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Valuation Multiples ExplainedThis stock trades at a P/E of 36.3, learn when high multiples are justified.6 min read
- 04 Leverage RatiosDebt/Equity of 26.54 is elevated, understand what that means for solvency.6 min read
- 05 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read