InterGlobe Aviation Limited provides air transportation services in India and internationally. More Details
Exceptional growth potential with imperfect balance sheet.
Share Price & News
How has InterGlobe Aviation's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: INDIGO is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: INDIGO's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: INDIGO exceeded the Indian Airlines industry which returned -16.2% over the past year.
Return vs Market: INDIGO exceeded the Indian Market which returned 10.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is InterGlobe Aviation's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThis Insider Has Just Sold Shares In InterGlobe Aviation Limited (NSE:INDIGO)
1 month ago | Simply Wall StWhat You Need To Know About InterGlobe Aviation Limited's (NSE:INDIGO) Investor Composition
8 months ago | Simply Wall StHas InterGlobe Aviation Limited (NSE:INDIGO) Been Employing Capital Shrewdly?
Is InterGlobe Aviation undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: INDIGO (₹1593.1) is trading above our estimate of fair value (₹754)
Significantly Below Fair Value: INDIGO is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: INDIGO is unprofitable, so we can't compare its PE Ratio to the XX Airlines industry average.
PE vs Market: INDIGO is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate INDIGO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: INDIGO is overvalued based on its PB Ratio (33.2x) compared to the XA Airlines industry average (1.4x).
How is InterGlobe Aviation forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: INDIGO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7.2%).
Earnings vs Market: INDIGO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: INDIGO's is expected to become profitable in the next 3 years.
Revenue vs Market: INDIGO's revenue (40.8% per year) is forecast to grow faster than the Indian market (11.5% per year).
High Growth Revenue: INDIGO's revenue (40.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: INDIGO's Return on Equity is forecast to be very high in 3 years time (80.2%).
How has InterGlobe Aviation performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: INDIGO is currently unprofitable.
Growing Profit Margin: INDIGO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: INDIGO is unprofitable, and losses have increased over the past 5 years at a rate of 49.5% per year.
Accelerating Growth: Unable to compare INDIGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: INDIGO is unprofitable, making it difficult to compare its past year earnings growth to the Airlines industry (-26.2%).
Return on Equity
High ROE: INDIGO has a negative Return on Equity (-239.06%), as it is currently unprofitable.
How is InterGlobe Aviation's financial position?
Financial Position Analysis
Short Term Liabilities: INDIGO's short term assets (₹204.7B) exceed its short term liabilities (₹166.7B).
Long Term Liabilities: INDIGO's short term assets (₹204.7B) do not cover its long term liabilities (₹217.6B).
Debt to Equity History and Analysis
Debt Level: INDIGO's debt to equity ratio (45.3%) is considered high.
Reducing Debt: INDIGO's debt to equity ratio has increased from 31% to 45.3% over the past 5 years.
Debt Coverage: INDIGO's debt is well covered by operating cash flow (93.8%).
Interest Coverage: Insufficient data to determine if INDIGO's interest payments on its debt are well covered by EBIT.
What is InterGlobe Aviation current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate INDIGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate INDIGO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if INDIGO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if INDIGO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: INDIGO is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of INDIGO's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Ronojoy Dutta (69 yo)
Mr. Ronojoy Dutta serves as Chief Executive Officer of InterGlobe Aviation Limited since January 24, 2019 and has been its Whole Time Director since January 27, 2020. He was a cofounder and Managing Direct...
CEO Compensation Analysis
Compensation vs Market: Ronojoy's total compensation ($USD1.55M) is above average for companies of similar size in the Indian market ($USD1.00M).
Compensation vs Earnings: Insufficient data to compare Ronojoy's compensation with company performance.
|CEO & Whole Time Director||1.92yrs||₹114.23m||no data|
|Chief Financial Officer||1.25yrs||₹58.02m||no data|
|Company Secretary & Chief Compliance Officer||no data||₹10.18m||no data|
|President & COO||1.58yrs||no data||no data|
|Associate Vice President of Treasury & Investor Relations||no data||no data||no data|
|General Counsel||3.83yrs||no data||no data|
|Director of Corporate Communications & Brand Reputation||1.92yrs||no data||no data|
|Senior Vice President of the Human Resource||2.67yrs||no data||no data|
|Chief Aircraft Acquisition & Financing Officer||6yrs||₹57.87m||no data|
|Executive Vice President of Customer Service||8.75yrs||₹13.91m||0.0062% |
|Senior Vice President of Inflight Services||2.83yrs||no data||0.0095% |
|Senior Vice President of Engineering||2.83yrs||no data||0.0032% |
Experienced Management: INDIGO's management team is considered experienced (2.8 years average tenure).
|CEO & Whole Time Director||1.92yrs||₹114.23m||no data|
|Non-Independent Non-Executive Director||5.5yrs||₹1.90m||23.38% |
|Non-Executive Independent Woman Director||1.25yrs||₹300.00k||no data|
|Non Independent & Non Executive Director||2.17yrs||₹3.50m||no data|
|Non-Independent Non-Executive Director||16.92yrs||₹1.10m||0.010% |
|Non-Executive Independent Director||5.75yrs||₹3.50m||no data|
|Independent Non-Executive Chairman of the Board||1.92yrs||₹2.30m||no data|
|Non-Independent Non-Executive Director||5.75yrs||₹7.90m||0.0026% |
|Additional Independent Non-Executive Director||0.58yr||no data||no data|
|Additional Non-Independent & Non-Executive Director||0.17yr||no data||no data|
Experienced Board: INDIGO's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: INDIGO insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
InterGlobe Aviation Limited's company bio, employee growth, exchange listings and data sources
- Name: InterGlobe Aviation Limited
- Ticker: INDIGO
- Exchange: NSEI
- Founded: 2004
- Industry: Airlines
- Sector: Transportation
- Market Cap: ₹604.265b
- Shares outstanding: 384.80m
- Website: https://www.goindigo.in
Number of Employees
- InterGlobe Aviation Limited
- Tower C
- Levels 1-5
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|539448||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Nov 2015|
|INDIGO||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Nov 2015|
InterGlobe Aviation Limited provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline. It also offers ancillary products and services, such ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 12:07|
|End of Day Share Price||2020/12/02 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.