āagman

Interglobe Aviation Ltd

NSE: INDIGOF&O
₹4,641.50
−₹58.50 (−1.24%)
NSE · 21 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,81,227 Cr
CMP
₹4,641.50
52-wk High / Low
₹5,970 / 3,895
P/B
26.0
Book Value
₹180.0
Div Yield
0.00%
ROCE
5.0%
ROE
−27.1%
Face Value
₹10
D/E
11.15

Price−20.8% over 1Y

āagman read

Computed by āagman
Derived from 10 years and 14 quarters of filings. Not reported by the company.
As of 21 Oct 2026
How we compute these
Piotroski F-Score
2
/ 9
2 of 9 F-score tests passed
ROIC
1.5%
vs 9.3% sector median
Cash flow to profit
−9.80
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−1,221
bps OPM YoY
Operating margin vs the same quarter last year
ROE stability
188.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.32DII +0.71
Latest quarter vs the previous one
Cash-accrual divergence
−20.5%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Latest ROCE of 5% trails the sector median of 14%
−Price trades below its 200-day moving average (1.0x)
−Promoter holding fell by 2.0pp over the last year
−Piotroski F-Score of 2/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16,68314,94419,45217,82519,57116,97022,11122,15220,49618,55523,47222,43824,584
Expenses11,70912,74414,30313,83214,41215,33816,93216,06215,27017,97618,10421,62821,317
Operating Profit4,9742,2005,1493,9945,1591,6315,1796,0895,2265805,3678103,267
OPM %29.8%14.7%26.5%22.4%26.4%9.6%23.4%27.5%25.5%3.1%22.9%3.6%13.3%
Other Income4785596106806787898829461,0461,044−4781,1421,030
Interest9541,0211,0951,0991,1581,2401,3081,3741,3961,4651,5451,4851,565
Depreciation1,4081,5491,6661,8031,8762,0882,2262,4912,5662,6402,7822,8202,970
Profit before tax3,0911892,9981,7712,804−9072,5273,1692,311−2,482562−2,352−238
Net Profit3,0911892,9981,8952,729−9872,4493,0682,176−2,582549−2,537−238
EPS (₹)80.164.9077.6849.0970.70−25.5463.3879.3856.31−66.7914.22−65.60−6.14

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 10 years + TTM
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales18,58023,02128,49735,75614,64125,93154,44668,90480,80384,96289,050
Expenses16,36219,99128,64631,66614,62625,35647,91552,54862,70172,92579,026
Operating Profit2,2193,030−1494,090145756,53116,35618,10212,03710,024
OPM %11.9%13.2%−0.5%11.4%0.1%2.2%12.0%23.7%22.4%14.2%11.3%
Other Income7899471,3251,5311,0377261,4352,3273,2952,7552,739
Interest4064135631,9022,1702,3863,1684,2085,1245,9446,060
Depreciation4574377603,9744,6995,0695,1036,4268,68010,80811,212
Profit before tax2,1443,127−147−256−5,818−6,154−3048,0497,593−1,960−4,510
Net Profit1,6592,242157−234−5,806−6,162−3068,1727,258−2,394−4,808
EPS (₹)45.9058.334.09−6.07−150.85−159.94−7.93211.73187.84−61.87−124.31

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital361384384385385385386386386387—
Reserves3,4186,6936,5615,493−274−6,373−6,6381,6108,9826,584—
Borrowings2,5962,2542,42922,71929,86036,87844,86051,28066,81077,749—
Other Liabilities8,83411,79815,65113,50413,08115,07320,56228,94839,66651,282—
Total Liabilities15,21021,12925,02642,10143,05145,96359,17082,2241,15,8441,36,002—
Fixed Assets3,7944,5795,66216,77918,81721,28427,65836,15451,78263,157—
CWIP25322414072125211359—
Investments3,7136,3446,5179,4997,3398,10611,55816,54626,09327,675—
Other Assets7,67710,17412,82415,68216,82316,44719,93329,52437,96645,111—
Total Assets15,21021,12925,02642,10143,05145,96359,17082,2241,15,8441,36,002—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3,7823,9033,1766,972−1,6142,09112,72821,21824,15123,470
Cash from Investing Activity−3,033−4,151−2,526−4,5743,1791,504−4,043−11,812−12,758−1,943
Cash from Financing Activity−1,401766−592−2,407−1,775−3,088−8,432−9,979−11,015−21,276
Net Cash Flow−65251858−9−210506253−573378251

Ratios

As of 31 Mar 2026
10 periods
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—40.00.05.0−14.0−13.07.024.017.05.0
ROE %—————————−27.1
EPS (₹)45.9058.334.09−6.07−150.85−159.94−7.93211.73187.84−124.31
Book Value (₹)—————————180.0
Face Value (₹)—————————10
P/E——————————
Div Yield %—————————0.00
NPM %8.69.40.5−0.6−37.0−23.1−0.511.58.6−2.7
OPM %12.013.0−0.511.00.12.212.024.022.014.0
D/E0.690.320.353.87269.01——25.697.1311.15
P/B—————————26.0

Growth

As of 18 Oct 2026
Compounded sales growth
5 years+42.0%
3 years+16.0%
TTM+9.0%
Compounded profit growth
5 years+10.0%
TTM−148.0%
Stock price CAGR
10 years+17.0%
5 years+18.0%
3 years+23.0%
Last year−20.0%
Return on equity
Last year−27.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters85.88%63.25%63.12%57.29%55.29%49.29%49.27%49.27%43.54%41.58%41.57%41.57%41.57%
FIIs6.42%20.29%18.70%23.66%24.43%25.40%24.83%25.12%27.31%28.44%24.99%21.64%20.32%
DIIs1.64%13.25%14.65%15.03%15.36%20.59%21.14%20.66%24.02%24.58%28.08%31.14%31.85%
Government0.00%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.07%0.04%0.04%0.04%
Public6.06%3.16%3.45%3.95%4.85%4.64%4.69%4.88%5.05%5.32%5.31%5.60%6.23%
No. of shareholders59,4541,40,1791,41,1061,70,0592,39,6502,49,0612,73,6772,89,4443,03,0623,16,2463,87,0564,02,4833,74,212
Change since Jun 2023 (pp)
Promoters −44.31FIIs +13.90DIIs +30.21Public +0.17

Documents

As of 18 Oct 2026
Announcements
Disclosure Under Regulation 30 Of SEBI LODR RegulationsCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Credit RatingClosure of Trading WindowShareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2026TranscriptJul 2026PPTJun 2026TranscriptJun 2026PPTMay 2026PPTJan 2026TranscriptJan 2026PPTJan 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 13 Aug 2025
13 Aug 2025DIVIDENDDividend - Rs 10 Per Share—
19 Aug 2019DIVIDEND Annual General Meeting/Dividend - Rs 5 Per Share—
2 Aug 2018DIVIDEND Annual General Meeting/Dividend- Rs 6 Per Share—
18 Aug 2017DIVIDEND Annual General Meeting/Dividend - Rs 34/- Per Share—
12 Sep 2016DIVIDEND Dividend - Rs 15/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges.© 2026 āagman