NSE: INDIGO | BSE: 539448

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5577.00 14.50 (0.26%)

New 52W High today

855.8K NSE+BSE Volume

NSE 19 May, 2025 2:36 PM (IST)

215,517.3

Market Cap

Market Leader

1.0

Beta 1Year

Average volatility

Board Meeting

The next board meeting for InterGlobe Aviation Ltd. is on 21 May 2025 for the purpose of Audited Results See details

InterGlobe Aviation Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for INDIGO, BSE:539448 InterGlobe Aviation Ltd.

InterGlobe Aviation Ltd.

04 May 2018

5577.00

0.26%

Interglobe Aviation (4QFY18): Earnings disappoint as Yields decline and oil boils! Maintain NEUTRAL

Neutral: InterGlobe Aviation Ltd.

Recommendation Target

HDFC Securities

We maintain the stock to a NEUTRAL with a TP of Rs 1,125 (-6.2%) based on 14.5x FY20 EPS. Despite a 20.6% YoY increase in 4QFY18 revenues to Rs 58bn, Interglobes earnings disappointed as EBITDAR at Rs11.2bn was down 15.7% YoY. Revenues were adversely impacted by yield at Rs3.31 (-5.5% YoY) while EBITDAR was impacted by higher fuel costs per ASKM rising 10.3% YoY. Reported PAT for 4QFY18 was down 73.3% and was impacted by foreign exchange loss of Rs925mn (4QFY17 profit of Rs2.5bn).

Number of FII/FPI investors increased from 952 to 1056 in Mar 2025 qtr.

InterGlobe Aviation Ltd.

02 May 2018

5577.00

0.26%

InterGlobe Aviation: Aggressive capacity addition in a lean quarter weighs on profitability

Neutral: InterGlobe Aviation Ltd.

Target

Motilal Oswal

INDIGO's revenue increased 20% YoY (-6% QoQ) to INR58b (our estimate: INR60b). EBITDAR of INR11.2b (-16% YoY, -42% QoQ) came in significantly below our estimate of INR14.8b due to a lower yield of INR3.82 (est. of INR4.08; -4% YoY, -11% QoQ) and higher fuel cost of INR1.39 (est. of INR1.36; +10% YoY, +10% QoQ). Passenger ticket yield stood at INR3.31 (est. of INR3.51; -5.6% YoY, -10.6% QoQ). PAT of INR1.2b (est. of INR3.7b; -73% YoY, -85% QoQ) was further impacted by higher lease rentals of INR9.9b (est. of INR9.6b; +20.5% YoY, +5.2% QoQ). Higher other income of INR2.6b (est. of INR2.1b; -12.3% YoY, -5.2% QoQ) largely offset the impact of higher depreciation of INR1.3b (est. of INR1.15b; +22% YoY, +19.8% QoQ) and higher interest expense of INR927m (est. of INR837m; +19.4% YoY, +9.8% QoQ).

InterGlobe Aviation .. has an average target of 5278.25 from 8 brokers.

InterGlobe Aviation Ltd.

19 Mar 2018, 12:00AM

5577.00

0.26%

Flash Note:Interglobe Aviat

Buy: InterGlobe Aviation Ltd.

Axis Direct

On DGCA's order, InterGlobe Aviation (Indigo) has grounded 8 A320 neo aircrafts (with engine serial number of beyond 450) until further notice (Go Air also to ground 3 aircrafts).

InterGlobe Aviation .. has an average target of 5278.25 from 8 brokers.

InterGlobe Aviation Ltd.

30 Jan 2018

5577.00

0.26%

Result Update:Interglobe Aviat

Buy: InterGlobe Aviation Ltd.

Target

Axis Direct

InterGlobe Aviation (Indigo) reported PAT of Rs 7.6 bn, ahead of consensus estimate of Rs 6.6 bn, mainly on (1) credits received from engine manufacturer P&W; and (2) better revenue management (RASK increased 10.4% YoY on 6% increase in yields and higher load factor of 88.5%).

InterGlobe Aviation Ltd. has gained 28.34% in the last 3 Months

InterGlobe Aviation Ltd.

25 Jan 2018

5577.00

0.26%

Interglobe Aviation (3QFY18): Strong results. Maintain BUY

Buy: InterGlobe Aviation Ltd.

Target

HDFC Securities

Maintain BUY TP of Rs 1,395 based on 14.5x FY20 EPS. Interglobes 3QFY18 results were in line with expectations. Revenue grew 23.9% YoY to Rs 61.8bn, driven by RPKM growth at 14.6%, while yield increased 6.3%. PAT increased 56.6% to Rs 5.7bn. ASKM growth was good at 13%, with the load factor improving 120bps to 88.5%. Fuel cost per ASKM increased 13.7% QoQ, as avg. ATF prices shot up. EBITDAR margin increased 240bps to 31.3% due to improved pricing. Margin (RASK-CASK) was strong at Rs 0.49 per ASKM in a seasonally strong quarter, as compared to Rs 0.30 per ASKM in 3QFY17.

InterGlobe Aviation Ltd. has gained 40.26% in the last 6 Months

InterGlobe Aviation Ltd.

24 Jan 2018

5577.00

0.26%

InterGlobe Aviation: EBITDAR marginally above estimate; PAT boosted by higher OI

Neutral: InterGlobe Aviation Ltd.

Target

Motilal Oswal

INDIGO reported revenue of INR61.8b (est. of INR60.4b; +24% YoY, +17% QoQ) and EBITDAR of INR19.4b (est. of INR18.4b; +34% YoY, +24% QoQ) ??? implying a marginal beat, led by higher total yield of INR4.29 (est. of INR4.25; +8% YoY, +3% QoQ) due to credits received from manufacturers. Passenger ticket yield stood at INR3.7 (est. of INR3.73; +6.3% YoY, +3.7% QoQ). PAT of INR7.6b (est. of INR6.5b; +56% YoY, +38% QoQ) was boosted by higher other income of INR2.7b (est. of INR1.8b; +58% YoY, +27% QoQ) and lower depreciation of INR1.1b (est. of INR1.2b; 9% YoY, +5% QoQ). In 3QFY18, forex gain stood at INR803m, of which management booked INR408m in other income and INR395m in other expenses. Like in the previous quarter, management booked undisclosed credits from manufacturers (related to aircraft grounding, and delivery delays in early part of 3QFY18), supporting profitability.

Number of FII/FPI investors increased from 952 to 1056 in Mar 2025 qtr.

InterGlobe Aviation Ltd.

24 Nov 2017

5577.00

0.26%

InterGlobe Aviation: Temporary hiccups; long-term growth visible

Neutral: InterGlobe Aviation Ltd.

Motilal Oswal

India's aircraft order book is extremely strong and we expect domestic capacity to grow at 16% CAGR over FY17-20 (total capacity to grow at 14% CAGR). INDIGO has the largest order book among peers, which assures robust growth prospects for the airline. We model ~20% ASK CAGR over FY18-20 for INDIGO....

Number of FII/FPI investors increased from 952 to 1056 in Mar 2025 qtr.

InterGlobe Aviation Ltd.

06 Nov 2017

5577.00

0.26%

Result Update:Interglobe Aviat

Buy: InterGlobe Aviation Ltd.

Target

Axis Direct

InterGlobe Aviation (Indigo) reported PAT of Rs 5.5 bn, ahead of consensus estimate of Rs 3.2 bn, mainly driven by credits received from the engine manufacturer (P&W;) in lieu of the loss of revenue due to grounding/ operational issues of A320neos.

InterGlobe Aviation Ltd. has gained 28.34% in the last 3 Months

InterGlobe Aviation Ltd.

01 Nov 2017

5577.00

0.26%

Interglobe Aviation (2QFY18): Strong results. Maintain BUY

Buy: InterGlobe Aviation Ltd.

Recommendation Target

HDFC Securities

Maintain BUY with an increased TP of Rs 1,435 based on 15x Sept-19EPS. Interglobes 2QFY18 results beat expectations, owing to strong yield. Revenue grew 27% YoY to Rs 52.9bn, driven by RPKM growth at 15.3%, while yield increased 8.9%. PAT increased 298% to Rs 5.5bn. ASKM/RPKM growth was strong at 13/15.3%, with the load factor improving 180bps to 84%. Fuel cost per ASKM declined 6% QoQ, as ATF prices also dipped 4.8%, owing to the continuation of sourcing benefits started in 1QFY18. EBITDAR margin increased 640bps to 33.9%. Spread (RASK-CASK) was strong at Rs 0.36 per ASKM, as compared to Rs 0.01 per ASKM in 1QFY17.

InterGlobe Aviation .. has an average target of 5278.25 from 8 brokers.

InterGlobe Aviation Ltd.

31 Oct 2017

5577.00

0.26%

InterGlobe Aviation: EBITDAR beat led by higher yields and lower fuel

Neutral: InterGlobe Aviation Ltd.

Target

Motilal Oswal

EBITDAR beat led by higher yields and lower fuel cost INDIGO reported revenue of INR53b (est. INR50b; +27% YoY, -8% QoQ) and EBITDAR of INR15.6b (est. INR12b; +61% YoY, -20% QoQ), led by higher-ticket yields of INR3.57 (est. INR3.35; +8.9% YoY) and lower fuel cost of INR16.8b (est. INR18b; +8% YoY). EBITDA stood at INR7.4b (est. INR3.3b), led by lower lease rentals of INR8.2b (est. INR8.6b, +6% YoY). PAT of INR5.5b (est. INR2.2b; +294% YoY) was further helped by higher other income of INR2.1b (est. INR1.8b; +33% YoY) and lower depreciation of INR1b (est. INR1.2b; -14% YoY). Management booked undisclosed compensation from...

InterGlobe Aviation .. has an average target of 5278.25 from 8 brokers.

Is InterGlobe Aviation Ltd. worth buying?

432 Votes:

Buy 69.91%

Sell 23.15%

Hold 6.94%

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