INTERGLOBE AVIATION LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3,928 INR | -0.19% |
|
+10.32% | +32.38% |
| 29/04 | Interglobe Aviation Limited Appoints Isidro Pablo Porqueras Orea as Chief of Transformation | CI |
| 25/04 | IndiGo Orders 30 Airbus A350-900 Aircraft in Push for International Expansion | DJ |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,48,991 | 4,10,251 | 6,28,078 | 7,75,961 | 7,36,646 | 15,16,008 | - | - |
| Enterprise Value (EV) 1 | 4,19,542 | 2,10,000 | 7,34,811 | 9,62,473 | 9,51,211 | 16,45,323 | 16,24,539 | 14,44,381 |
| P/E ratio | 349 x | -176 x | -10.8 x | -12.6 x | -241 x | 19.5 x | 20.7 x | 21.2 x |
| Yield | 0.35% | - | - | - | - | 0.17% | 0.55% | 0.55% |
| Capitalization / Revenue | 1.93 x | 1.15 x | 4.29 x | 2.99 x | 1.35 x | 2.24 x | 2.02 x | 1.76 x |
| EV / Revenue | 1.47 x | 0.59 x | 5.02 x | 3.71 x | 1.75 x | 2.43 x | 2.16 x | 1.68 x |
| EV / EBITDA | 8.75 x | 4.61 x | 275 x | 112 x | 14.6 x | 10.2 x | 9.59 x | 7.64 x |
| EV / FCF | 28.7 x | 3.57 x | -35.8 x | 55.2 x | 7.82 x | 12.8 x | 11.4 x | 10 x |
| FCF Yield | 3.49% | 28% | -2.79% | 1.81% | 12.8% | 7.83% | 8.74% | 9.95% |
| Price to Book | 7.9 x | 6.98 x | 567 x | -13 x | -11.8 x | 105 x | 18.2 x | 10.2 x |
| Nbr of stocks (in thousands) | 3,84,407 | 3,84,796 | 3,84,864 | 3,85,255 | 3,85,547 | 3,85,979 | - | - |
| Reference price 2 | 1,428 | 1,066 | 1,632 | 2,014 | 1,911 | 3,928 | 3,928 | 3,928 |
| Announcement Date | 27/05/19 | 02/06/20 | 05/06/21 | 25/05/22 | 18/05/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,84,968 | 3,57,560 | 1,46,406 | 2,59,309 | 5,44,465 | 6,76,082 | 7,51,771 | 8,59,641 |
| EBITDA 1 | 47,960 | 45,550 | 2,669 | 8,590 | 64,954 | 1,61,055 | 1,69,376 | 1,89,168 |
| EBIT 1 | -9,630 | 846.9 | -47,131 | -45,213 | 13,924 | 97,216 | 98,107 | 1,09,351 |
| Operating Margin | -3.38% | 0.24% | -32.19% | -17.44% | 2.56% | 14.38% | 13.05% | 12.72% |
| Earnings before Tax (EBT) 1 | -1,474 | -2,557 | -58,181 | -61,537 | -3,044 | 78,799 | 73,813 | 84,537 |
| Net income 1 | 1,572 | -2,337 | -58,064 | -61,618 | -3,058 | 77,540 | 72,619 | 71,613 |
| Net margin | 0.55% | -0.65% | -39.66% | -23.76% | -0.56% | 11.47% | 9.66% | 8.33% |
| EPS 2 | 4.090 | -6.070 | -150.9 | -160.0 | -7.930 | 201.4 | 189.5 | 185.2 |
| Free Cash Flow 1 | 14,640 | 58,835 | -20,510 | 17,437 | 1,21,581 | 1,28,881 | 1,42,054 | 1,43,770 |
| FCF margin | 5.14% | 16.45% | -14.01% | 6.72% | 22.33% | 19.06% | 18.9% | 16.72% |
| FCF Conversion (EBITDA) | 30.52% | 129.17% | - | 202.99% | 187.18% | 80.02% | 83.87% | 76% |
| FCF Conversion (Net income) | 931.01% | - | - | - | - | 166.21% | 195.62% | 200.76% |
| Dividend per Share 2 | 5.000 | - | - | - | - | 6.776 | 21.75 | 21.54 |
| Announcement Date | 27/05/19 | 02/06/20 | 05/06/21 | 25/05/22 | 18/05/23 | - | - | - |
1INR in Million2INR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: March | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 49,100 | 62,229 | 30,069 | 56,085 | 92,948 | 80,207 | 1,28,553 | 1,24,976 | 1,49,330 | 1,41,606 | 1,66,831 | 1,44,960 | 1,82,516 | 1,68,563 | 1,79,122 |
| EBITDA | 9,871 | 6,177 | - | 2,559 | 19,105 | 1,052 | 6,639 | 757.1 | 31,878 | 27,517 | - | 20,078 | 42,062 | 38,244 | - |
| EBIT 1 | -3,144 | - | -27,820 | -10,571 | 5,494 | -12,316 | -5,712 | -12,104 | 17,754 | 13,985 | 35,667 | -4,888 | 30,480 | 25,928 | 23,160 |
| Operating Margin | -6.4% | - | -92.52% | -18.85% | 5.91% | -15.36% | -4.44% | -9.69% | 11.89% | 9.88% | 21.38% | -3.37% | 16.7% | 15.38% | 12.93% |
| Earnings before Tax (EBT) 1 | -6,231 | - | -31,742 | -14,357 | - | - | -10,642 | -15,833 | 14,233 | 9,198 | 30,907 | 1,616 | 22,024 | 19,776 | - |
| Net income 1 | -6,201 | -11,472 | -31,742 | -14,357 | - | - | -10,643 | -15,833 | 14,226 | 9,192 | 30,906 | 1,616 | 22,024 | 19,755 | - |
| Net margin | -12.63% | -18.43% | -105.56% | -25.6% | - | - | -8.28% | -12.67% | 9.53% | 6.49% | 18.53% | 1.11% | 12.07% | 11.72% | - |
| EPS 2 | -16.11 | - | -82.47 | -37.29 | - | - | - | -41.09 | 36.86 | 23.81 | 80.03 | 4.200 | 49.53 | 58.24 | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 28/01/21 | 05/06/21 | 27/07/21 | 28/10/21 | 04/02/22 | 25/05/22 | 03/08/22 | 04/11/22 | 03/02/23 | 18/05/23 | 02/08/23 | - | - | - | - |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | 1,06,733 | 1,86,512 | 2,14,565 | 1,29,314 | 1,08,531 | - |
| Net Cash position 1 | 1,29,449 | 2,00,250 | - | - | - | - | - | 71,627 |
| Leverage (Debt/EBITDA) | - | - | 40 x | 21.71 x | 3.303 x | 0.8029 x | 0.6408 x | - |
| Free Cash Flow 1 | 14,640 | 58,835 | -20,510 | 17,437 | 1,21,581 | 1,28,881 | 1,42,055 | 1,43,770 |
| ROE (net income / shareholders' equity) | 2.24% | -3.64% | -194% | - | - | 245% | 145% | 62% |
| ROA (Net income/ Total Assets) | - | 3.04% | -13.6% | -13.8% | -0.58% | 10% | 9% | 7% |
| Assets 1 | - | -76,868 | 4,25,760 | 4,45,069 | 5,25,682 | 7,75,398 | 8,06,875 | 10,23,041 |
| Book Value Per Share 2 | 181.0 | 153.0 | 2.880 | -155.0 | -162.0 | 37.30 | 215.0 | 386.0 |
| Cash Flow per Share 2 | 38.10 | 181.0 | -41.90 | 54.30 | 330.0 | 416.0 | 426.0 | 442.0 |
| Capex 1 | 17,116 | 10,883 | 4,369 | 3,469 | 5,698 | 27,724 | 28,397 | 31,332 |
| Capex / Sales | 6.01% | 3.04% | 2.98% | 1.34% | 1.05% | 4.1% | 3.78% | 3.64% |
| Announcement Date | 27/05/19 | 02/06/20 | 05/06/21 | 25/05/22 | 18/05/23 | - | - | - |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
BUY
Number of Analysts
21
Last Close Price
3,928
INR
Average target price
3,845
INR
Spread / Average Target
-2.11%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +32.38% | 18.21B | |
| +25.40% | 32.21B | |
| +6.95% | 24.77B | |
| -0.15% | 19.86B | |
| +28.38% | 17.37B | |
| -19.64% | 14.84B | |
| +42.61% | 13.47B | |
| -14.20% | 12.32B | |
| -3.61% | 10.28B | |
| 0.00% | 9.14B |
- Stock Market
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- INDIGO Stock
- Financials InterGlobe Aviation Limited
