InterGlobe Aviation

    INDIGO
    Infra
    ₹4,549.00
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹1.76 L Cr

    P/E
    19.63
    Day range
    ₹4,464.40 – ₹4,588.50
    52-week range
    ₹3,895.20 – ₹5,970.00
    Volume
    5.93 L
    Open
    ₹4,577.00
    Prev close
    ₹4,600.00

    Latest results · Q1 FY27(consolidated)Revenue ₹24,584 Cr+19.9%Profit ₹-238 Cr-110.9%Margin -1.0%YoY vs the same quarter last year

    No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.

    F&O margin for one lot of INDIGO (150 shares)

    Research profile

    Composite 39 / 100

    Factor percentiles

    Value56
    Quality13
    Momentum50
    Low volatility37

    Derived metrics

    Earn. yield
    5.1%
    ROE ÷ P/B
    -1.1%
    12-1 mom.
    -12.7%
    Return / vol
    -0.63
    Magic Formula
    #425
    Piotroski
    2/6
    FCF yield
    12.4%

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 188 in Infra
    Largest Infra companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Larsen & ToubroLT₹5.02 L Cr30.254.5918.3%15.0%12.0%1.15+6.7%
    Adani PortsADANIPORTS₹3.92 L Cr29.064.2116.2%14.0%58.0%0.66+18.6%
    Adani EnterprisesADANIENT₹3.35 L Cr39.934.0715.2%6.0%15.0%1.32+49.9%
    UltraTech CementULTRACEMCO₹3.25 L Cr38.094.4311.1%13.0%16.0%0.40+18.8%
    Grasim IndustriesGRASIM₹1.96 L Cr34.511.9010.2%8.0%23.0%2.20+21.4%
    InterGlobe AviationINDIGO₹1.76 L Cr19.6325.56-29.3%5.0%13.0%11.15+19.9%
    DLFDLF₹1.63 L Cr35.633.6010.0%6.0%1.8%0.01-23.3%
    Tata MotorsTMCV₹1.46 L Cr34.779.5426.0%36.0%10.0%0.25+36.3%
    Sector median₹12,817 Cr32.004.3415.0%17.0%15.0%0.18+19.8%

    Sector as classified in the tracked universe; medians use every tracked Infra company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 6d ago

    Headlines about InterGlobe Aviation from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    EPS (TTM)
    ₹-124.13
    Price / Book
    25.27
    ROE (FY26)
    -29.3%
    ROCE (latest year)
    5%
    Dividend yield
    0.00%

    Moving averages (NSE)

    20-day
    ₹4,819.08
    Price below
    50-day
    ₹4,974.55
    Price below
    200-day
    ₹4,807.76
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +16.0%
    Revenue YoY (Jun 2026)
    +19.9%
    Profit YoY (Jun 2026)
    -110.9%
    Operating margin
    13.0%
    Net margin
    -1.0%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -10K Cr0 Cr10K Cr20K Cr30K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 20260%15%30%

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • DII
    • FII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY18FY19FY20FY21FY25FY26-200%-100%0%100%200%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    -25K Cr0 Cr25K Cr50K Cr75K Cr1L Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x200x400x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY18FY19FY20FY21FY22FY23FY24FY25FY26₹0₹10₹20₹30₹40

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales14,94419,45217,82519,57116,97022,11122,15220,49618,55523,47222,43824,584
    Expenses12,74414,30313,83214,41215,33816,93216,06215,27017,97618,10421,62821,317
    Operating Profit2,2005,1493,9945,1591,6315,1796,0895,2265805,3678103,267
    OPM %15%26%22%26%10%23%27%26%3.1%23%3.6%13%
    Other Income5596106806787898829461,0461,044-4781,1421,030
    Interest1,0211,0951,0991,1581,2401,3081,3741,3961,4651,5451,4851,565
    Depreciation1,5491,6661,8031,8762,0882,2262,4912,5662,6402,7822,8202,970
    Profit before tax1892,9981,7712,804-9072,5273,1692,311-2,482562-2,352-238
    Tax %0%0%-7%3%9%3%3%6%4%2%8%0%
    Net Profit1892,9981,8952,729-9872,4493,0682,176-2,582549-2,537-238
    EPS in Rs₹4.90₹77.68₹49.09₹70.70₹-25.54₹63.38₹79.38₹56.31₹-66.79₹14.22₹-65.60₹-6.14

    From company filings, updated 26 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Working-capital cycle

    Debtor Days3

    -2 days since Mar 2021

    Cash Conversion Cycle3

    -2 days since Mar 2021

    Working Capital Days-129

    +287 days since Mar 2021

    Strengths, risks & growth

    Interglobe Aviation Ltd (Indigo) is India’s largest passenger airline operating as a low-cost carrier. Serving 86 destinations including 24 international destinations, it provides passengers with a simple, unbundled product, fulfilling its singular brand promise of providing “low fares, on-time flights, and a courteous and hassle-free service” to its customers. IndiGo commenced operations in August 2006 with a single aircraft and has grown its fleet to 262 aircrafts. [1]

    Strengths

    None flagged by the checklist.

    Risks

    • Stock is trading at 25.2 times its book value
    • Company has low interest coverage ratio.
    • Promoter holding has decreased over last 3 years: -21.7%

    Compounded Sales Growth

    10 Years
    —
    5 Years
    +42%
    3 Years
    +16%
    TTM
    +9%

    Compounded Profit Growth

    10 Years
    —
    5 Years
    +10%
    3 Years
    —
    TTM
    -148%

    Stock Price CAGR

    10 Years
    +17%
    5 Years
    +18%
    3 Years
    +23%
    1 Year
    -21%

    Return on Equity

    10 Years
    —
    5 Years
    —
    3 Years
    —
    Last Year
    -27%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter41.57%41.57%41.57%41.57%0.00 pp
    FII24.99%21.64%20.32%19.90%-0.42 pp
    DII28.08%31.14%31.85%33.27%+1.42 pp
    Government0.04%0.04%0.04%0.04%0.00 pp
    Public5.31%5.60%6.23%5.23%-1.00 pp

    Filed with NSE for Sept 2026: promoters 41.57%, public 58.43% · XBRL filing

    Analysts & fund holdings

    84%
    84% recommend buy
    25 analysts cover the stock
    Valuation vs Airlines
    P/E19.6 vs 41.1
    Sector P/B5.66
    Beta1.38

    Who holds the shares, quarter by quarter

    Mutual funds 25.58% (+1.30 pp)
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    Sept 26
    • Promoters41.6%
    • Foreign institutions19.9%
    • Mutual funds25.6%
    • Insurance2.6%
    • Other domestic institutions5.1%
    • Retail3.1%
    • Others2.1%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    HDFC Flexi Cap Fund1.88%2.99%-0.26 pp
    SBI Aggressive Hybrid Fund1.10%2.31%-0.19 pp
    ICICI Pru Multi Asset Allocation Fund0.92%1.89%-0.01 pp
    ICICI Pru Large & Mid Cap Fund0.86%4.92%+2.25 pp
    Kotak Flexi Cap Fund0.74%2.53%-0.06 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    33.1%
    Downside volatility
    32.9%
    Worst 5% of days
    3.7%
    Average of that tail
    4.9%
    Max drawdown (1Y)
    33.5%
    Below its peak
    23.3%

    Against the market

    Beta vs Nifty 50
    1.74
    Correlation
    0.70
    Relative strength (3M)
    -4.1%
    ATR (14)
    2.7%

    Return

    Return 1M
    -9.6%
    Return 3M
    -9.4%
    Return 6M
    -2.0%
    Return 1Y
    -21.0%
    vs 200-day average
    -5.4%

    Momentum

    RSI (14)
    31.4
    MACD histogram
    -24.44
    Stochastic %K
    14.0
    ADX (14)
    29.6
    +DI / −DI
    8.8 / 31.5
    Money flow index
    14.7

    Participation

    Delivery (20d avg)
    51.7%
    vs its 60-day baseline
    -0.3 pts
    Volume vs 20-day
    -0.3σ
    Close vs day's VWAP
    +0.8%
    52-week position
    30 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    Piotroski F-Score

    2 of 6 tested

    • Return on assets positive — failed
    • Operating cash flow positive — not testableno cash flow statement for this period
    • Return on assets improving — failed
    • Cash flow exceeds profit — not testableneeds cash flow and profit against assets
    • Debt to assets falling — passed
    • Current ratio improving — passed
    • No new equity issued — not testableno share count is collected, and financing cash flow mixes equity with debt
    • Operating margin improving — failed
    • Asset turnover improving — failed
    Free cash flow
    ₹21,760 Cr
    FCF yield
    12.4%
    Cash conversion
    -9.81
    Accruals ratio
    -0.190
    Net debt
    ₹76,425 Cr
    Net debt / equity
    10.96
    EV / sales
    2.83
    Capex intensity
    2.0%
    Revenue CAGR
    1.3%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Model simulation

    30 independent runs of NeoQuasar/Kronos-small, conditioned on daily bars to 23 Oct 2026, simulating 10 sessions ahead.

    Research
    Research output, not advice. Model output for research only. Not investment advice, not a price target, and not a prediction of actual returns. Generated by a statistical model from past prices; past patterns do not determine future prices.

    Lower edge (10th percentile)

    ₹4,483.27

    -1.4%

    Upper edge (90th percentile)

    ₹4,679.26

    +2.9%

    The marker is the last close, ₹4,549. Eight of every ten simulated runs ended inside this range; the middle run ended at ₹4,601.6 (+1.2%), which is the centre of the simulation and not an expected or target price.

    The model reads price history only. It has not seen this company's results, its filings, its industry or anything that happened after 23 Oct 2026. Ranges widen with horizon because the further out the simulation runs, the less the recent past constrains it.

    Corporate actions

    • dividend
      ₹10.00

      Dividend - Rs 10 Per Share

      13 Aug 2025
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      17 Aug 2023
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      18 Aug 2022
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      23 Aug 2021
      ex-date
    • other
      Not available — not reported in this filing

      Annual General Meeting

      27 Aug 2020
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/Dividend - Rs 5 Per Share

      19 Aug 2019
      ex-date
    • dividend
      ₹6.00

      Annual General Meeting/Dividend- Rs 6 Per Share

      2 Aug 2018
      ex-date
    • dividend
      ₹34.00

      Annual General Meeting/Dividend - Rs 34/- Per Share

      18 Aug 2017
      ex-date
    • dividend
      ₹15.00

      Dividend - Rs 15/- Per Share

      12 Sept 2016
      ex-date

    Company announcements

    Company Update
    Disclosure Under Regulation 30 Of SEBI LODR Regulations

    InterGlobe Aviation Limited informed the Exchange regarding disclosure under Regulation 30 of SEBI LODR Regulations.

    Company Update
    Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

    InterGlobe Aviation Limited informed the Exchange regarding Certificate u/r 74(5) of SEBI (DP) Regulations, 2018.

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    InterGlobe Aviation Limited informed the Exchange regarding Credit Rating

    Insider Trading / SAST
    Closure of Trading Window
    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    InterGlobe Aviation informed the Stock Exchange regarding Voting Results and Scrutiniser's Report

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    InterGlobe Aviation Limited informed the exchange regarding proceedings of 23rd AGM

    Company Update
    Disclosure Under Regulation 30 Of SEBI LODR Regulations, 2015

    InterGlobe Aviation Limited informed the Exchange about disclosure under Regulation 30 of SEBI LODR Regulations, 2015

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    InterGlobe Aviation Limited informed the Exchanges regarding Press Release

    Company Update
    Announcement under Regulation 30 (LODR)-Press Release / Media Release

    InterGlobe Aviation Limited informed the Exchanges about Press Release.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    InterGlobe Aviation Limited informed the Exchanges regarding Transcript of earnings call.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    InterGlobe Aviation Limited has informed the Exchange about Copy of Newspaper Publication

    AGM/EGMPrice-sensitive
    Notice Of AGM

    Notice of 23rd Annual General Meeting and Annual Report for FY26

    AGM/EGMPrice-sensitive
    Notice Of AGM

    Notice of 23rd Annual General Meeting and Annual Report for FY26

    Company Update
    Letters To The Members Providing Web-Link For Accessing The Notice Convening The 23Rd Annual General Meeting And Annual Report For The FY26

    Physical letters being sent to the Members who have not registered their email address

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    Business Responsibility & Sustainability Report for FY26

    Filed with BSE (scrip 539448); the last 45 days. Documents open at bseindia.com.

    Documents

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 23 Jul 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    InterGlobe Aviation: common questions

    Answered from the figures on this page.

    InterGlobe Aviation last traded at ₹4,549.00 (NSE, as of 25 Oct 2026). The last session moved it down 1.11%.

    InterGlobe Aviation is valued at about ₹1.76 lakh crore (NSE, as of 25 Oct 2026).

    InterGlobe Aviation trades at a price-to-earnings ratio of 19.63 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    InterGlobe Aviation has traded between ₹3,895.20 and ₹5,970.00 over the past 52 weeks, to 25 Oct 2026. It is currently 32% of the way up that range.

    InterGlobe Aviation (INDIGO) is classified under Infra on this site's screener.