Obermatt

InterGlobe Aviation

NSI:INDIGO · INE646L01027
AirlinesX-Large

360

54
EV / EBIT13
Price / Owner Earnings47
Owner Earnings Yield71
Dividend Yield51
Price/Sales49
EV / Gross Profit68
Price/Book1
Return on Capital71
Cash Return on Capital92
Return on Equity1
EBIT Margin57
Gross Profitability78

Cash truth not applicable for financial companies.

Sales growth79
Profit Growth76
Long-Term EPS Growth18
Reinvestment55
Price momentum26
Debt load7
Refinancing14
Debt Payback49
Liquidity30
Analyst ratings59
Opinion Changes59
Price Target Upside75
Market mood93
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

InterGlobe Aviation clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryIndia
IndustryAirlines
SizeX-Large
TypePublic Company
ExchangeNSEI
Founded2004
Employees19,326
ISININE646L01027
Last UpdateApr 2, 2026
Themes
Freight ServicePassenger Aircraft ManufacturingTourismTravel AccommodationsBusiness TravelAerospaceAir TransportationVenture Capital

Description

InterGlobe Aviation Limited, together with its subsidiaries, engages in the operation of IndiGo airline in India and internationally. Business Segments The company is primarily categorized under two business segments: Passenger Services and Cargo S…

Analysis

Middle-of-the-road

InterGlobe Aviation Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 26.0×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 10% a year, against analyst forecasts of -6%. The market is pricing in far more than analysts expect: heroic expectations.

Growth is moderate; the safety picture is adequate. The company scores 13/20 on our value-creation score: creating some value.

No flags apply to this company at this time: accounts, balance sheet, and cash quality all pass. A clean bill of health is meaningful, not just the absence of a warning. This analysis describes numbers; it is not investment advice.

360° rank · history

1007550250
53
2023202420252026

All-time high

72

Jan 2024

All-time low

15

Mar 2026

Average rank

40

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
49
45
53
57
Price/Earnings
13
34
36
13
Price/Book
1
1
97
100
Dividend Yield
51
1
1
1
Value (overall)
26
13
51
45

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →