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Interglobe Aviation Ltd (INDIGO)

₹4331.650.26%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 21 analysts

BUY

80.95%

Buy

19.05%

Hold

0.00%

Sell

Based on 21 analysts offering long term price targets for Interglobe Aviation Ltd. An average target of ₹4801.14

Source: S&P Global Market Intelligence

Interglobe Aviation Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹4,285
    ₹4,368.9
  • 52 Week's Low

    52 Week's High

    ₹2,333.35
    ₹4,609.8
1 Month Return+ 0.67 %
3 Month Return+ 20.47 %
1 Year Return+ 61.24 %
Previous Close₹4,320.40
Open₹4,335.00
Volume10.57L
Upper Circuit-
Lower Circuit-
Market Cap₹1,66,758.66Cr

Key Statistics

P/E Ratio20.45
PEG Ratio0.09
Market Cap₹1,66,758.66 Cr
P/B Ratio-11.69
EPS4.09

Interglobe Aviation Ltd stock Key Stats

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
Interglobe Aviation Ltd
Interglobe Aviation Ltd
BUY₹1,66,758.66 Cr42.73%1.07-₹306 Cr₹54,446 Cr

Company Information

Interglobe Aviation Ltd is an Indian airline company incorporated on May 4, 2005. It is the parent company of India's largest airline, IndiGo. Interglobe Aviation's main operations include air transportation, cargo, maintenance, repair and overhaul services.

The company operates a fleet of over 200 aircraft, including Airbus A320s, A321s and ATRs. Interglobe Aviation's top products include air tickets, cargo services, and maintenance and repair services. Its popular brands include IndiGo Airlines and Interglobe Air Cargo.

Share Price: ₹4331.65 per share as on 12 Jul, 2024 04:01 PM
Market Capitalisation: ₹1,66,758.66Cr as of today
Revenue: ₹17,825.27Cr as on March 2024 (Q1 24)
Net Profit: ₹1,894.82Cr as on March 2024 (Q1 24)
Listing date: 10 Nov, 2015
Chairperson Name: V Sumantran
OrganisationInterglobe Aviation Ltd
HeadquartersGurgaon
IndustryAir Transport Service
E-voting on sharesClick here to vote

Key events for Interglobe Aviation Ltd

  • Mixed News for Interglobe Aviation Ltd - 11 Jul, 2024

    Interglobe Aviation's market cap decreased while its revenue and net profit grew YoY. IndiGo declared profits in Q3FY24 and Q4FY24, closing the year with a profit of ₹8,170 crore. Morgan Stanley maintains an Overweight call with a target price of Rs 5,142. Air India plans to let go of 600 non-flying staff.

  • ICRA Report Shows Rise in Air Traffic; Investor Bullish on Airline Industry - 10 Jul, 2024

    Interglobe Aviation Ltd (IndiGo) may see increased investor interest after an ICRA report showed a rise in air traffic in India and an investor expressed positivity about the airline industry's long-term prospects.

  • IndiGo to Revamp App and Website for Enhanced User Experience - 09 Jul, 2024

    Interglobe Aviation's budget carrier, IndiGo, plans to launch a revamped website and app in August 2024 with an emphasis on ease of booking and streamlining the process for customers. The new designs are ready for testing.

  • IndiGo Revamps Website; InterGlobe Founder Joins Southwest Board - 08 Jul, 2024

    InterGlobe Aviation's co-founder Rakesh Gangwal has been appointed to the board of Southwest Airlines. Meanwhile, IndiGo is set to launch a new website and mobile app in August, aimed at streamlining the booking process and enhancing customer experience.

  • Interglobe Aviation Stock Receives Positive Outlook from Analysts and Growing Demand for Pilots - 05 Jul, 2024

    Brokerages UBS and Kotak Institutional Equities have maintained a Buy call on Interglobe Aviation stock, anticipating a rise of around 35%. Meanwhile, BAA is looking to secure a significant portion of India's growing demand for pilots over the next decade.

  • UBS and Kotak Raise Target Price for Interglobe Aviation - 03 Jul, 2024

    UBS has raised the target price to ₹5,300 per share with a 25% upside potential. Meanwhile, Kotak Institutional Equities gave an upside of 34% for a target price of ₹5,700 apiece. Both firms anticipate that IndiGo will continue to expand its market share in international travel, supported by the introduction of new aircraft models over the medium to long term. The willingness of passengers to pay higher fares may be tested in the short term, which could affect airlines near-term load factors and pricing strategies.

  • Goldman Sachs Backs IndiGo Share Price Increase - 02 Jul, 2024

    Global brokerage Goldman Sachs has backed Interglobe Aviation's stock and set a target price of Rs 4,700. The company's long-term story is expected to remain intact despite near-term cost pressures. Another global brokerage, UBS, also maintained its buy rating on the company with a raised 12-month price target of Rs 5,400.

  • Interglobe Aviation Ltd Receives Positive Ratings - 01 Jul, 2024

    Analysts at UBS and Kotak Institutional Equities have given a Buy rating to Interglobe Aviation Ltd (IndiGo) with target prices of Rs 5,400 and Rs 5,700 per share respectively. MakeMyTrip predicts annual growth of between 11-17% in Indian air travel demand over FY24-30. New Delhi's main domestic terminal is expected to remain closed for weeks after a roof collapse.

  • IndiGo Announces New Flights, Matches Fare Cuts - 30 Jun, 2024

    InterGlobe Aviation's IndiGo matches fare cuts with GoAir before rolling back sale. The airline also announced new daily non-stop flights between Mumbai and Jeddah starting August 15, 2024.

  • Expert Recommends Buying IndiGo Shares; Low-Cost Carriers Dominate Indian Market - 29 Jun, 2024

    Interglobe Aviation Ltd's stock has been recommended by an expert for short-term traders to buy on dips around Rs 4,150 levels, with a target price of Rs 4,400+. Meanwhile, IndiGo and Air India dominate the Indian market, accounting for 9 out of 10 domestic seats, with a shift towards low-cost carriers.

  • IndiGo Flight Operations Impacted Due to Structural Damage at Delhi Airport - 28 Jun, 2024

    IndiGo's flight operations were impacted due to structural damage to Terminal 1 at Delhi Airport caused by adverse weather conditions. The cancellation of all departing flights led to a drop in trading volume on the counter. Rahul Bhatia, co-founder of InterGlobe Aviation Ltd, claimed that he bore most of the financial risk to grow IndiGo while his estranged partner, Rakesh Gangwal, restricted his investment to less than ₹15 crore. Sebi has sought a reply from IndiGo by 19 July.

  • IndiGo Plans Expansion with Wide-Body Aircraft Purchase Talks - 27 Jun, 2024

    IndiGo, India's largest domestic carrier, is in talks to purchase up to 20 wide-body aircraft as part of its plan to expand its international operations. Citi has maintained a Buy call on the stock with a target price of Rs 5,100 per share.

  • Interglobe Aviation Stakes Divested; Airlines Order 2,000 Aircrafts - 26 Jun, 2024

    Rakesh Gangwal and InterGlobe Enterprises divest stakes worth ₹6,785 crore and ₹3,689 crore respectively. IndiGo, Air India, and Akasa Air order nearly 2,000 aircraft from Airbus and Boeing by March 2025.

  • IndiGo Expands Flights and Implements AI Tools for Customer Care Operations - 25 Jun, 2024

    Interglobe Aviation Ltd's budget airline IndiGo is set to double its weekly flights to Jeddah and has deployed AI-based tools to improve customer service. The airline has also expanded its international network over the past year.

  • IndiGo Stock Shows Robust Recovery - 22 Jun, 2024

    Interglobe Aviation Ltd's stock, IndiGo, has shown a robust recovery from the support level of ₹4,180 and is currently trading at ₹4,310.15 level. The stock faces minor resistance near ₹4,375 level on the higher side, but a successful breach could trigger significant upward movement targeting ₹4,600 levels.

  • IndiGo Partners with Garuda Aviation Academy for Pilot Training - 21 Jun, 2024

    Interglobe Aviation Ltd's stock may see a boost after FSSAI conducted an inspection at TAJSATS Bengaluru, the Tata Group caterer for Air India. Additionally, IndiGo has partnered with Garuda Aviation Academy to train new pilots under its Cadet Pilot Programme.

  • IndiGo Market Share Grows; Included in New Index - 20 Jun, 2024

    InterGlobe Aviation's subsidiary, IndiGo, sees its market share grow and is included in the new Nifty India Tourism index. However, flight delays are becoming more common due to high ground temperatures.

  • IndiGo Flights Face Technical Issues and Bomb Threat - 19 Jun, 2024

    Interglobe Aviation Ltd's subsidiary IndiGo faces delays and technical issues with flights due to high ground temperatures. Additionally, a flight from Chennai to Mumbai received a bomb threat but landed safely.

  • IndiGo's Market Share Rises and Receives Compensation from Pratt & Whitney - 18 Jun, 2024

    Interglobe Aviation's subsidiary IndiGo saw a rise in its domestic passenger market share to 61.6% in May from 60.6% in April. Additionally, it will receive customised compensation from Pratt & Whitney for grounded planes due to engine unavailability.

  • IndiGo CEO Calls for Holistic Approach to Bilateral Rights - 17 Jun, 2024

    Interglobe Aviation's IndiGo is open to revisiting bilateral rights and taking a holistic approach. CEO Peter Elbers believes that bilateral rights should be looked at in a country-specific manner.

Insights on Interglobe Aviation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, INDIGO stock has moved up by 2.2%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 3.46% to 3.95% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 18.70% to 23.66% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 12.30% to 12.38% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, INDIGO has outperformed top 5 stocks with highest market-cap in Airlines

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, SpiceJet Ltd has given 65.4% return, outperforming this stock by 4.1%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 2.99K Cr → 1.89K Cr (in ₹), with an average decrease of 36.8% per quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 20.06K Cr → 18.50K Cr (in ₹), with an average decrease of 7.8% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 63.13% to 57.29% in Mar 2024 quarter

Interglobe Aviation Ltd Infographics

Interglobe Aviation Ltd Infographics

How did IndiGo become the largest airlines in India?

  • How did IndiGo become the largest airlines in India?
  • How did IndiGo become the largest airlines in India?
  • How did IndiGo become the largest airlines in India?
  • How did IndiGo become the largest airlines in India?
  • How did IndiGo become the largest airlines in India?

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹17,825.27Cr
↓8.36%
Net Income
₹1,894.82Cr
↓36.80%
Net Profit Margin
10.63%
↓31.02%
2023Y/Y Change
Revenue
₹54,446.45Cr
↑109.97%
Net Income
-₹305.79Cr
↓95.04%
Net Profit Margin
-0.56%
↓97.64%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹59,851.11Cr
↑28.87%
Total Liabilities
₹66,154.24Cr
↑26.06%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹12,703.14Cr
↑515.43%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
57.29%
0.00
Foreign Institutions
23.66%
0.00
Mutual Funds
12.38%
0.00
Retail Investors
3.95%
0.00
Others
2.72%
0.00

Key Indicators

Interglobe Aviation Ltd Valuation

Interglobe Aviation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-328.46x)

June 28, 2023

Industry (-39.10x)

July 12, 2024

Today (20.45x)

July 12, 2024

Highest (414.55x)

June 3, 2019

LowHigh

Earnings and Dividends

  • Interglobe Aviation Ltd Earnings Results

    Interglobe Aviation Ltd’s net profit jumped 106.14% since last year same period to ₹1,894.82Cr in the Q4 2023-2024. On a quarterly growth basis, Interglobe Aviation Ltd has generated -36.8% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Interglobe Aviation Ltd Dividends May,2019

    In the quarter ending March 2019, Interglobe Aviation Ltd has declared dividend of ₹5 - translating a dividend yield of 0.12%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Interglobe Aviation Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Interglobe Aviation Ltd (INDIGO) share price today is ₹4331.65

Interglobe Aviation Ltd is listed on NSE

Interglobe Aviation Ltd is listed on BSE

  • Today’s highest price of Interglobe Aviation Ltd is ₹4368.9.
  • Today’s lowest price of Interglobe Aviation Ltd is ₹4285.

PE Ratio of Interglobe Aviation Ltd is 20.45

PE ratio = Interglobe Aviation Ltd Market price per share / Interglobe Aviation Ltd Earnings per share

Today’s traded volume of Interglobe Aviation Ltd(INDIGO) is 10.57L.

Today’s market capitalisation of Interglobe Aviation Ltd(INDIGO) is ₹166758.66Cr.

Interglobe Aviation Ltd(INDIGOPrice
52 Week High
₹4609.8
52 Week Low
₹2333.35

Interglobe Aviation Ltd(INDIGO) share price is ₹4331.65. It is down -6.03% from its 52 Week High price of ₹4609.8

Interglobe Aviation Ltd(INDIGO) share price is ₹4331.65. It is up 85.64% from its 52 Week Low price of ₹2333.35

Interglobe Aviation Ltd(INDIGOReturns
1 Day Returns
11.25%
1 Month Returns
0.67%
3 Month Returns
20.47%
1 Year Returns
61.24%