Interglobe Aviation Ltd
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]
- Market Cap ₹ 1,64,976 Cr.
- Current Price ₹ 4,279
- High / Low ₹ 4,610 / 2,333
- Stock P/E 20.2
- Book Value ₹ 51.7
- Dividend Yield 0.00 %
- ROCE 26.6 %
- ROE %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 107% CAGR over last 5 years
Cons
- Stock is trading at 82.7 times its book value
- Promoter holding has decreased over last quarter: -5.84%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Air Transport Service Industry: Transport - Airlines
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
18,580 | 23,021 | 28,497 | 35,756 | 14,641 | 25,931 | 54,446 | 68,904 | |
16,362 | 19,991 | 28,646 | 31,666 | 14,626 | 25,356 | 47,915 | 52,587 | |
Operating Profit | 2,219 | 3,030 | -149 | 4,090 | 14 | 575 | 6,531 | 16,318 |
OPM % | 12% | 13% | -1% | 11% | 0% | 2% | 12% | 24% |
789 | 947 | 1,325 | 1,531 | 1,037 | 726 | 1,435 | 2,327 | |
Interest | 406 | 413 | 563 | 1,902 | 2,170 | 2,386 | 3,168 | 4,169 |
Depreciation | 457 | 437 | 760 | 3,974 | 4,699 | 5,069 | 5,103 | 6,426 |
Profit before tax | 2,144 | 3,127 | -147 | -256 | -5,818 | -6,154 | -304 | 8,049 |
Tax % | 23% | 28% | 207% | 9% | 0% | -0% | -0% | -2% |
1,659 | 2,242 | 157 | -234 | -5,806 | -6,162 | -306 | 8,172 | |
EPS in Rs | 45.90 | 58.33 | 4.09 | -6.07 | -150.85 | -159.94 | -7.93 | 211.73 |
Dividend Payout % | 74% | 10% | 122% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 68% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 107% |
3 Years: | 49% |
TTM: | 1167% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 22% |
3 Years: | 36% |
1 Year: | 65% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 361 | 384 | 384 | 385 | 385 | 385 | 386 | 386 |
Reserves | 3,418 | 6,693 | 6,561 | 5,493 | -274 | -6,373 | -6,632 | 1,610 |
2,596 | 2,254 | 2,429 | 22,719 | 29,860 | 36,878 | 44,854 | 51,280 | |
8,834 | 11,798 | 15,651 | 13,504 | 13,081 | 15,073 | 20,562 | 28,948 | |
Total Liabilities | 15,210 | 21,129 | 25,026 | 42,101 | 43,051 | 45,963 | 59,170 | 82,225 |
3,794 | 4,579 | 5,662 | 16,779 | 18,817 | 21,284 | 27,658 | 36,155 | |
CWIP | 25 | 32 | 24 | 140 | 72 | 125 | 21 | 0 |
Investments | 3,713 | 6,344 | 6,517 | 9,499 | 7,339 | 8,106 | 11,558 | 16,546 |
7,677 | 10,174 | 12,824 | 15,682 | 16,823 | 16,447 | 19,933 | 29,524 | |
Total Assets | 15,210 | 21,129 | 25,026 | 42,101 | 43,051 | 45,963 | 59,170 | 82,225 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
3,782 | 3,903 | 3,176 | 6,972 | -1,614 | 2,091 | 12,728 | 21,218 | |
-3,033 | -4,151 | -2,526 | -4,574 | 3,179 | 1,504 | -4,043 | -11,809 | |
-1,401 | 766 | -592 | -2,407 | -1,775 | -3,088 | -8,432 | -9,979 | |
Net Cash Flow | -652 | 518 | 58 | -9 | -210 | 506 | 253 | -570 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 3 | 4 | 5 | 3 | 5 | 5 | 3 | 3 |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 3 | 4 | 5 | 3 | 5 | 5 | 3 | 3 |
Working Capital Days | -72 | -70 | -64 | -81 | -186 | -127 | -57 | 9 |
ROCE % | 40% | 0% | 5% | -14% | -13% | 7% |
Documents
Announcements
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Disclosure Under Regulation 30 Of SEBI LODR
1d - InterGlobe Aviation Limited informed regarding Disclosure under Regulation 30 of SEBI LODR.
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Disclosure Under Regulation 30 Of SEBI LODR
25 Jun - InterGlobe Aviation Limited informed regarding disclosure under Regulation 30 of SEBI LODR.
- Closure of Trading Window 24 Jun
- Disclosure Under Regulation 30 Of SEBI LODR Regulations 14 Jun
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 12 Jun
Annual reports
Concalls
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Market Leadership
The Co. is the largest player in the aviation sector in India with a market share of 55% [1] and was ranked as the 6th biggest carrier in the world. [2] In 2019, it had a significant share of the international market with ~12% share of total international seat capacity to or from India. [3]