InterGlobe Aviation Limited

NSEI:INDIGO Stock Report

Market Cap: ₹2.0t

InterGlobe Aviation Future Growth

Future criteria checks 5/6

InterGlobe Aviation is forecast to grow earnings and revenue by 65.5% and 13.2% per annum respectively. EPS is expected to grow by 53.4% per annum. Return on equity is forecast to be 38% in 3 years.

Key information

65.5%

Earnings growth rate

53.41%

EPS growth rate

Airlines earnings growth28.6%
Revenue growth rate13.2%
Future return on equity38.03%
Analyst coverage

Good

Last updated16 Jul 2026

Recent future growth updates

Recent updates

Analysis Article Feb 06

InterGlobe Aviation (NSE:INDIGO) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 23

Are Investors Undervaluing InterGlobe Aviation Limited (NSE:INDIGO) By 21%?

Key Insights InterGlobe Aviation's estimated fair value is ₹6,513 based on 2 Stage Free Cash Flow to Equity InterGlobe...
Narrative Update Dec 08

INDIGO: Future Index Inclusion And Fleet Expansion Are Expected To Drive Upside

Analysts have raised their price target for InterGlobe Aviation from ₹4,913 to approximately ₹6,442 per share, reflecting stronger expectations for long term revenue growth, slightly higher profit margins, and a modestly richer future earnings multiple despite a higher assumed discount rate. What's in the News Board meeting scheduled for November 21, 2025, to approve an investment of USD 820 million in wholly owned subsidiary InterGlobe Aviation Financial Services IFSC Private Limited, in one or more tranches (company filing) Special shareholders meeting on December 06, 2025, via postal ballot to consider the appointment of Amitabh Kant as a Non Executive Non Independent Director (company notice) Board meeting on November 04, 2025, to review and approve unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) IndiGo converts 30 of its 70 purchase rights for Airbus A350 900 aircraft into firm orders, doubling its A350 900 wide body order from 30 to 60 jets and expanding long haul growth options, powered by Rolls Royce Trent XWB engines (company announcement) InterGlobe Aviation added to the Nifty 50 index, marking its inclusion among India’s benchmark large cap stocks (index announcement) Valuation Changes Consensus Analyst Price Target has risen significantly from ₹4,913 to about ₹6,442 per share, implying a materially higher assessed fair value for InterGlobe Aviation.
Analysis Article Dec 08

The Return Trends At InterGlobe Aviation (NSE:INDIGO) Look Promising

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Nov 07

InterGlobe Aviation Limited (NSE:INDIGO) Just Reported Second-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

The quarterly results for InterGlobe Aviation Limited ( NSE:INDIGO ) were released last week, making it a good time to...
Analysis Article Sep 22

InterGlobe Aviation (NSE:INDIGO) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Sep 09

InterGlobe Aviation Limited's (NSE:INDIGO) Shares May Have Run Too Fast Too Soon

InterGlobe Aviation Limited's ( NSE:INDIGO ) price-to-earnings (or "P/E") ratio of 32.8x might make it look like a sell...
Analysis Article Aug 26

A Look At The Intrinsic Value Of InterGlobe Aviation Limited (NSE:INDIGO)

Key Insights InterGlobe Aviation's estimated fair value is ₹5,298 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Aug 12

Is Now An Opportune Moment To Examine InterGlobe Aviation Limited (NSE:INDIGO)?

NSEI:INDIGO 1 Year Share Price vs Fair Value Explore InterGlobe Aviation's Fair Values from the Community and select...
Analysis Article Jul 21

Returns At InterGlobe Aviation (NSE:INDIGO) Are On The Way Up

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
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New Narrative Nov 08

IndiGo Soars Toward Growth With Business Class Debut And Digital Transformation

Launching Business Class and BluChip loyalty program aims to boost revenues, customer retention, and operational insights, enhancing IndiGo's financial performance.

Earnings and Revenue Growth Forecasts

NSEI:INDIGO - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20291,279,63493,771272,381354,1928
3/31/20281,108,94281,542213,111269,42515
3/31/2027982,53153,366183,165229,22215
3/31/2026849,619-23,919211,981234,699N/A
12/31/2025846,75432,119N/AN/AN/A
9/30/2025833,14251,109242,081264,267N/A
6/30/2025817,28567,059N/AN/AN/A
3/31/2025808,02972,584217,368241,513N/A
12/31/2024764,76260,857N/AN/AN/A
9/30/2024738,17766,351170,051187,633N/A
6/30/2024717,91978,107N/AN/AN/A
3/31/2024689,04381,725191,958212,176N/A
12/31/2023652,39771,969N/AN/AN/A
9/30/2023607,20556,213180,492192,352N/A
6/30/2023582,74238,491N/AN/AN/A
3/31/2023544,465-3,058121,581127,279N/A
12/31/2022483,066-29,068N/AN/AN/A
9/30/2022426,684-41,99669,64874,722N/A
6/30/2022357,793-40,519N/AN/AN/A
3/31/2022259,309-61,61817,43720,906N/A
12/31/2021241,331-56,272N/AN/AN/A
9/30/2021197,483-63,771-7,092-3,483N/A
6/30/2021168,808-61,363N/AN/AN/A
3/31/2021146,406-58,064-20,510-16,142N/A
12/31/2020167,167-55,301N/AN/AN/A
9/30/2020217,384-44,140-2,7597,839N/A
6/30/2020271,027-42,811N/AN/AN/A
3/31/2020357,560-2,33758,83569,718N/A
12/31/2019353,40212,330N/AN/AN/A
9/30/2019333,2479,222N/A64,061N/A
6/30/2019314,04913,326N/AN/AN/A
3/31/2019284,9681,572N/A31,755N/A
6/30/2018237,79914,590N/AN/AN/A
3/31/2018230,20922,423N/A39,031N/A
6/30/2017197,54618,785N/AN/AN/A
3/31/2017185,80516,591N/A37,821N/A
12/31/2016178,23018,062N/AN/AN/A
9/30/2016170,82919,693N/AN/AN/A
6/30/2016165,07219,426N/AN/AN/A
3/31/2016161,39919,897N/A30,991N/A
12/31/2015158,55819,792N/AN/AN/A

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 (6.9%).

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 is expected to become profitable in the next 3 years.

Revenue vs Market: INDIGO's revenue (13.2% per year) is forecast to grow faster than the Indian market (11% per year).

High Growth Revenue: INDIGO's revenue (13.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INDIGO's Return on Equity is forecast to be high in 3 years time (38%)


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/19 22:40
End of Day Share Price 2026/07/17 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

InterGlobe Aviation Limited is covered by 40 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Siddharth Chauhan360 ONE Capital Market Private Limited
null null360 ONE Capital Market Private Limited
Karan KhannaAmbit Capital