Interglobe Aviation Ltd.
•2026-08-21
PROS
- Company has a healthy return on capital (ROCE) of 69.6%
- Company has a good return on equity (ROE) track record: 3 Years ROE 33.3%
- Company has delivered good sales growth of 42.1% CAGR over last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 5.28x)
- Company generates healthy free cash flow
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Recent results are weak - TTM profit is down 145.8% versus prior year
- Promoter holding has decreased over last 2 years: -13.7pp
- Interest coverage is weak at 0.7x - earnings barely cover interest
- Effective tax rate is unusually low at -22.1% - earnings may be flattered
- Stock is trading at 22.1x its book value
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | INDIGO | 5175.00 | 0.00 | 200099.96 | 0.00 | -238.00 | -110.94 | 24584.10 | 19.94 | 39.95 | 13.29 |
| 2. | RAYMOND | 630.95 | 113.28 | 4200.47 | 0.00 | 30.85 | -99.94 | 605.61 | 15.51 | -0.54 | 12.72 |
| 3. | SPICEJET | 10.77 | 0.00 | 1643.61 | 0.00 | -261.70 | -1390.90 | 1345.47 | 14.14 | 0.00 | -16.38 |
| 4. | TAALTECH | 4194.05 | 20.93 | 1307.01 | 1.55 | 19.43 | 41.73 | 64.81 | 41.60 | 33.33 | 34.03 |
| 5. | TANAA | 310.65 | 41.68 | 792.17 | 0.80 | 5.74 | 62.05 | 10.31 | 21.04 | 15.52 | 72.30 |
| 6. | GLOBALVECT | 149.00 | 0.00 | 208.60 | 0.00 | -11.85 | -25.64 | 130.71 | 1.05 | 28.74 | 8.85 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16,683 | 14,944 | 19,452 | 17,825 | 19,571 | 16,970 | 22,111 | 22,152 | 20,496 | 18,555 | 23,472 | 22,438 | 24,584 | |
| 11,825 | 12,744 | 14,303 | 13,832 | 14,412 | 15,338 | 16,932 | 16,062 | 15,270 | 17,976 | 18,104 | 21,628 | 25,852 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 594 | 559 | 610 | 680 | 678 | 789 | 882 | 946 | 1,046 | 1,044 | 1,069 | 1,392 | 1,030 |
| Interest | 954 | 1,021 | 1,095 | 1,099 | 1,158 | 1,240 | 1,308 | 1,374 | 1,396 | 1,465 | 1,545 | 1,485 | 1,565 |
| Depreciation | 1,408 | 1,549 | 1,666 | 1,803 | 1,876 | 2,088 | 2,226 | 2,491 | 2,566 | 2,640 | 2,782 | 2,820 | 2,970 |
| 3,091 | 189 | 2,998 | 1,771 | 2,804 | -907 | 2,527 | 3,169 | 2,311 | -2,482 | 562 | -2,352 | -238 | |
| Tax % | 0.00% | 0.11% | 0.01% | -6.99% | 2.68% | -8.78% | 3.10% | 3.22% | 5.82% | -4.05% | 2.33% | -7.88% | 0.17% |
| Net Profit | 0 | 0 | 0 | 0 | 2,729 | -987 | 2,449 | 3,068 | 2,176 | -2,582 | 549 | -2,537 | -238 |
| 80 | 5 | 78 | 49 | 71 | -26 | 63 | 79 | 56 | -67 | 14 | -66 | -1 | |
| Equity Capital | 386 | 386 | 386 | 386 | 386 | 386 | 386 | 386 | 386 | 387 | 387 | 387 | 387 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 386 | 386 | 386 | 386 | 386 | 386 | 386 | 386 | 386 | 387 | 387 | 387 | 387 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
- 16,683
- 11,825
- Operating Profit
- —
- OPM %
- —
- Other Income
- 594
- Interest
- 954
- Depreciation
- 1,408
- 3,091
- Tax %
- 0.00%
- Net Profit
- 0
- 80
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 14,944
- 12,744
- Operating Profit
- —
- OPM %
- —
- Other Income
- 559
- Interest
- 1,021
- Depreciation
- 1,549
- 189
- Tax %
- 0.11%
- Net Profit
- 0
- 5
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 19,452
- 14,303
- Operating Profit
- —
- OPM %
- —
- Other Income
- 610
- Interest
- 1,095
- Depreciation
- 1,666
- 2,998
- Tax %
- 0.01%
- Net Profit
- 0
- 78
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 17,825
- 13,832
- Operating Profit
- —
- OPM %
- —
- Other Income
- 680
- Interest
- 1,099
- Depreciation
- 1,803
- 1,771
- Tax %
- -6.99%
- Net Profit
- 0
- 49
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 19,571
- 14,412
- Operating Profit
- —
- OPM %
- —
- Other Income
- 678
- Interest
- 1,158
- Depreciation
- 1,876
- 2,804
- Tax %
- 2.68%
- Net Profit
- 2,729
- 71
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 16,970
- 15,338
- Operating Profit
- —
- OPM %
- —
- Other Income
- 789
- Interest
- 1,240
- Depreciation
- 2,088
- -907
- Tax %
- -8.78%
- Net Profit
- -987
- -26
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 22,111
- 16,932
- Operating Profit
- —
- OPM %
- —
- Other Income
- 882
- Interest
- 1,308
- Depreciation
- 2,226
- 2,527
- Tax %
- 3.10%
- Net Profit
- 2,449
- 63
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 22,152
- 16,062
- Operating Profit
- —
- OPM %
- —
- Other Income
- 946
- Interest
- 1,374
- Depreciation
- 2,491
- 3,169
- Tax %
- 3.22%
- Net Profit
- 3,068
- 79
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 20,496
- 15,270
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1,046
- Interest
- 1,396
- Depreciation
- 2,566
- 2,311
- Tax %
- 5.82%
- Net Profit
- 2,176
- 56
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 386
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 18,555
- 17,976
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1,044
- Interest
- 1,465
- Depreciation
- 2,640
- -2,482
- Tax %
- -4.05%
- Net Profit
- -2,582
- -67
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 23,472
- 18,104
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1,069
- Interest
- 1,545
- Depreciation
- 2,782
- 562
- Tax %
- 2.33%
- Net Profit
- 549
- 14
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 22,438
- 21,628
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1,392
- Interest
- 1,485
- Depreciation
- 2,820
- -2,352
- Tax %
- -7.88%
- Net Profit
- -2,537
- -66
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- 24,584
- 25,852
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1,030
- Interest
- 1,565
- Depreciation
- 2,970
- -238
- Tax %
- 0.17%
- Net Profit
- -238
- -1
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 387
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 18,580 | 23,021 | 28,497 | 35,756 | 14,641 | 25,931 | 54,446 | 68,904 | 80,803 | 84,962 | 89,050 | |
| 16,383 | 19,991 | 28,646 | 31,672 | 15,177 | 25,356 | 47,915 | 52,548 | 62,701 | 72,925 | 83,561 | |
| Operating Profit | 3,008 | 3,977 | 1,176 | 5,620 | 1,051 | 1,301 | 7,966 | 18,683 | 21,397 | 16,589 | — |
| OPM % | 16 | 17 | 4 | 16 | 7 | 5 | 15 | 27 | 26 | 20 | — |
| Other Income | 810 | 947 | 1,325 | 1,536 | 1,587 | 726 | 1,435 | 2,327 | 3,295 | 4,552 | 4,535 |
| Interest | 406 | 413 | 563 | 1,902 | 2,170 | 2,386 | 3,168 | 4,208 | 5,124 | 5,944 | 6,060 |
| Depreciation | 457 | 437 | 760 | 3,974 | 4,699 | 5,069 | 5,103 | 6,426 | 8,680 | 10,808 | 11,212 |
| 2,144 | 3,127 | -147 | -256 | -5,818 | -6,154 | -304 | 8,049 | 7,593 | -1,960 | -4,510 | |
| Tax % | 23 | 28 | 207 | 9 | 0 | -0 | -0 | -2 | 4 | -22 | -7 |
| Net Profit | 1,659 | 2,242 | 157 | -234 | -5,806 | -6,162 | -306 | 8,172 | 7,258 | -2,394 | -4,808 |
| EPS | 46 | 60 | 4 | -6 | -151 | -160 | -8 | 212 | 188 | -62 | — |
| Dividend Payout % | 74 | 10 | 122 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | -1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 46 | 58 | 4 | -6 | -151 | -160 | -8 | 212 | 188 | -62 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | -1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 46 | 58 | 4 | -6 | -151 | -160 | -8 | 212 | 188 | -62 | — |
- 18,580
- 16,383
- Operating Profit
- 3,008
- OPM %
- 16
- Other Income
- 810
- Interest
- 406
- Depreciation
- 457
- 2,144
- Tax %
- 23
- Net Profit
- 1,659
- EPS
- 46
- Dividend Payout %
- 74
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 46
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 46
- 23,021
- 19,991
- Operating Profit
- 3,977
- OPM %
- 17
- Other Income
- 947
- Interest
- 413
- Depreciation
- 437
- 3,127
- Tax %
- 28
- Net Profit
- 2,242
- EPS
- 60
- Dividend Payout %
- 10
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 58
- 28,497
- 28,646
- Operating Profit
- 1,176
- OPM %
- 4
- Other Income
- 1,325
- Interest
- 563
- Depreciation
- 760
- -147
- Tax %
- 207
- Net Profit
- 157
- EPS
- 4
- Dividend Payout %
- 122
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- 35,756
- 31,672
- Operating Profit
- 5,620
- OPM %
- 16
- Other Income
- 1,536
- Interest
- 1,902
- Depreciation
- 3,974
- -256
- Tax %
- 9
- Net Profit
- -234
- EPS
- -6
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -6
- 14,641
- 15,177
- Operating Profit
- 1,051
- OPM %
- 7
- Other Income
- 1,587
- Interest
- 2,170
- Depreciation
- 4,699
- -5,818
- Tax %
- 0
- Net Profit
- -5,806
- EPS
- -151
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -151
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -151
- 25,931
- 25,356
- Operating Profit
- 1,301
- OPM %
- 5
- Other Income
- 726
- Interest
- 2,386
- Depreciation
- 5,069
- -6,154
- Tax %
- -0
- Net Profit
- -6,162
- EPS
- -160
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -160
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -160
- 54,446
- 47,915
- Operating Profit
- 7,966
- OPM %
- 15
- Other Income
- 1,435
- Interest
- 3,168
- Depreciation
- 5,103
- -304
- Tax %
- -0
- Net Profit
- -306
- EPS
- -8
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -8
- 68,904
- 52,548
- Operating Profit
- 18,683
- OPM %
- 27
- Other Income
- 2,327
- Interest
- 4,208
- Depreciation
- 6,426
- 8,049
- Tax %
- -2
- Net Profit
- 8,172
- EPS
- 212
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 212
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 212
- 80,803
- 62,701
- Operating Profit
- 21,397
- OPM %
- 26
- Other Income
- 3,295
- Interest
- 5,124
- Depreciation
- 8,680
- 7,593
- Tax %
- 4
- Net Profit
- 7,258
- EPS
- 188
- Dividend Payout %
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 188
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 188
- 84,962
- 72,925
- Operating Profit
- 16,589
- OPM %
- 20
- Other Income
- 4,552
- Interest
- 5,944
- Depreciation
- 10,808
- -1,960
- Tax %
- -22
- Net Profit
- -2,394
- EPS
- -62
- Dividend Payout %
- 0
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- -62
- Minority Interest
- 2
- Share of Associates
- 0
- Adjusted EPS
- -62
- 89,050
- 83,561
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4,535
- Interest
- 6,060
- Depreciation
- 11,212
- -4,510
- Tax %
- -7
- Net Profit
- -4,808
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- 42%
- 3 Years:
- 16%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- 19%
- 5 Years:
- 26%
- 3 Years:
- 28%
- 1 Year:
- -16%
RETURN ON EQUITY
- 10 Years:
- -1%
- 5 Years:
- 20%
- 3 Years:
- 33%
- Last Year:
- -30%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 361 | 384 | 384 | 385 | 385 | 385 | 386 | 386 | 386 | 387 |
| 3,363 | 6,639 | 6,521 | 5,483 | -309 | -6,422 | -6,680 | 1,550 | 8,876 | 6,520 | |
| 200 | 211 | 236 | 339 | 2,124 | 3,481 | 2,252 | 1,892 | 1,800 | 1,806 | |
| Trade Payables | 775 | 1,000 | 1,453 | 1,568 | 1,551 | 3,152 | 3,209 | 3,158 | 4,176 | 4,990 |
| 12,441 | 15,534 | 19,083 | 36,686 | 41,647 | 47,722 | 62,360 | 77,472 | 1,03,172 | 1,25,296 | |
| Total Liabilities | 17,141 | 23,769 | 27,676 | 44,460 | 45,399 | 48,318 | 61,526 | 84,456 | 1,18,409 | 1,38,999 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 3,794 | 4,579 | 5,662 | 16,779 | 18,817 | 21,284 | 27,658 | 36,154 | 51,782 | 63,157 | |
| Capital Work in Progress | 23 | 29 | 22 | 129 | 66 | 119 | 0 | 0 | 1 | 39 |
| 3,713 | 6,344 | 6,517 | 9,499 | 7,339 | 8,106 | 11,558 | 16,546 | 26,093 | 27,675 | |
| 163 | 183 | 211 | 286 | 316 | 408 | 591 | 625 | 820 | 985 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 642 | 740 | 600 | |
| Cash & Bank | 4,633 | 6,581 | 8,622 | 10,872 | 11,228 | 10,120 | 11,840 | 16,721 | 18,963 | 23,999 |
| 4,814 | 6,053 | 6,642 | 6,893 | 7,632 | 8,280 | 9,879 | 13,769 | 20,011 | 22,544 | |
| Total Assets | 17,141 | 23,769 | 27,676 | 44,460 | 45,399 | 48,318 | 61,526 | 84,456 | 1,18,409 | 1,38,999 |
| Total Debt | 2,596 | 2,453 | 2,429 | 686 | 2,506 | 3,897 | 2,252 | 1,892 | 1,800 | 1,806 |
| Net Working Capital | 4,662 | 8,509 | 10,107 | 6,019 | 1,745 | -2,188 | 2,298 | 5,055 | 16,485 | 19,658 |
| Contingent Liabilities | 443 | 916 | 1,353 | 1,261 | 1,435 | 1,685 | 1,879 | 2,182 | 2,511 | 2,818 |
| Book Value per Share | 103.03 | 182.71 | 179.63 | 152.48 | 1.97 | -156.69 | -163.27 | 50.15 | 239.70 | 178.64 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 2,596 | 2,453 | 2,429 | 686 | 2,506 | 3,897 | 2,252 | 1,892 | 1,800 | 1,806 |
| Net Working Capital | 4,662 | 8,509 | 10,107 | 6,019 | 1,745 | -2,188 | 2,298 | 5,055 | 16,485 | 19,658 |
| Contingent Liabilities | 443 | 916 | 1,353 | 1,261 | 1,435 | 1,685 | 1,879 | 2,182 | 2,511 | 2,818 |
| Book Value per Share | 103.03 | 182.71 | 179.63 | 152.48 | 1.97 | -156.69 | -163.27 | 50.15 | 239.70 | 178.64 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
- Equity Capital
- 361
- 3,363
- 200
- Trade Payables
- 775
- 12,441
- Total Liabilities
- 17,141
- 3,794
- Capital Work in Progress
- 23
- 3,713
- 163
- 0
- Cash & Bank
- 4,633
- 4,814
- Total Assets
- 17,141
- Total Debt
- 2,596
- Net Working Capital
- 4,662
- Contingent Liabilities
- 443
- Book Value per Share
- 103.03
- Face Value
- 10.00
- Total Debt
- 2,596
- Net Working Capital
- 4,662
- Contingent Liabilities
- 443
- Book Value per Share
- 103.03
- Face Value
- 10.00
- Equity Capital
- 384
- 6,639
- 211
- Trade Payables
- 1,000
- 15,534
- Total Liabilities
- 23,769
- 4,579
- Capital Work in Progress
- 29
- 6,344
- 183
- 0
- Cash & Bank
- 6,581
- 6,053
- Total Assets
- 23,769
- Total Debt
- 2,453
- Net Working Capital
- 8,509
- Contingent Liabilities
- 916
- Book Value per Share
- 182.71
- Face Value
- 10.00
- Total Debt
- 2,453
- Net Working Capital
- 8,509
- Contingent Liabilities
- 916
- Book Value per Share
- 182.71
- Face Value
- 10.00
- Equity Capital
- 384
- 6,521
- 236
- Trade Payables
- 1,453
- 19,083
- Total Liabilities
- 27,676
- 5,662
- Capital Work in Progress
- 22
- 6,517
- 211
- 0
- Cash & Bank
- 8,622
- 6,642
- Total Assets
- 27,676
- Total Debt
- 2,429
- Net Working Capital
- 10,107
- Contingent Liabilities
- 1,353
- Book Value per Share
- 179.63
- Face Value
- 10.00
- Total Debt
- 2,429
- Net Working Capital
- 10,107
- Contingent Liabilities
- 1,353
- Book Value per Share
- 179.63
- Face Value
- 10.00
- Equity Capital
- 385
- 5,483
- 339
- Trade Payables
- 1,568
- 36,686
- Total Liabilities
- 44,460
- 16,779
- Capital Work in Progress
- 129
- 9,499
- 286
- 0
- Cash & Bank
- 10,872
- 6,893
- Total Assets
- 44,460
- Total Debt
- 686
- Net Working Capital
- 6,019
- Contingent Liabilities
- 1,261
- Book Value per Share
- 152.48
- Face Value
- 10.00
- Total Debt
- 686
- Net Working Capital
- 6,019
- Contingent Liabilities
- 1,261
- Book Value per Share
- 152.48
- Face Value
- 10.00
- Equity Capital
- 385
- -309
- 2,124
- Trade Payables
- 1,551
- 41,647
- Total Liabilities
- 45,399
- 18,817
- Capital Work in Progress
- 66
- 7,339
- 316
- 0
- Cash & Bank
- 11,228
- 7,632
- Total Assets
- 45,399
- Total Debt
- 2,506
- Net Working Capital
- 1,745
- Contingent Liabilities
- 1,435
- Book Value per Share
- 1.97
- Face Value
- 10.00
- Total Debt
- 2,506
- Net Working Capital
- 1,745
- Contingent Liabilities
- 1,435
- Book Value per Share
- 1.97
- Face Value
- 10.00
- Equity Capital
- 385
- -6,422
- 3,481
- Trade Payables
- 3,152
- 47,722
- Total Liabilities
- 48,318
- 21,284
- Capital Work in Progress
- 119
- 8,106
- 408
- 0
- Cash & Bank
- 10,120
- 8,280
- Total Assets
- 48,318
- Total Debt
- 3,897
- Net Working Capital
- -2,188
- Contingent Liabilities
- 1,685
- Book Value per Share
- -156.69
- Face Value
- 10.00
- Total Debt
- 3,897
- Net Working Capital
- -2,188
- Contingent Liabilities
- 1,685
- Book Value per Share
- -156.69
- Face Value
- 10.00
- Equity Capital
- 386
- -6,680
- 2,252
- Trade Payables
- 3,209
- 62,360
- Total Liabilities
- 61,526
- 27,658
- Capital Work in Progress
- 0
- 11,558
- 591
- 0
- Cash & Bank
- 11,840
- 9,879
- Total Assets
- 61,526
- Total Debt
- 2,252
- Net Working Capital
- 2,298
- Contingent Liabilities
- 1,879
- Book Value per Share
- -163.27
- Face Value
- 10.00
- Total Debt
- 2,252
- Net Working Capital
- 2,298
- Contingent Liabilities
- 1,879
- Book Value per Share
- -163.27
- Face Value
- 10.00
- Equity Capital
- 386
- 1,550
- 1,892
- Trade Payables
- 3,158
- 77,472
- Total Liabilities
- 84,456
- 36,154
- Capital Work in Progress
- 0
- 16,546
- 625
- 642
- Cash & Bank
- 16,721
- 13,769
- Total Assets
- 84,456
- Total Debt
- 1,892
- Net Working Capital
- 5,055
- Contingent Liabilities
- 2,182
- Book Value per Share
- 50.15
- Face Value
- 10.00
- Total Debt
- 1,892
- Net Working Capital
- 5,055
- Contingent Liabilities
- 2,182
- Book Value per Share
- 50.15
- Face Value
- 10.00
- Equity Capital
- 386
- 8,876
- 1,800
- Trade Payables
- 4,176
- 1,03,172
- Total Liabilities
- 1,18,409
- 51,782
- Capital Work in Progress
- 1
- 26,093
- 820
- 740
- Cash & Bank
- 18,963
- 20,011
- Total Assets
- 1,18,409
- Total Debt
- 1,800
- Net Working Capital
- 16,485
- Contingent Liabilities
- 2,511
- Book Value per Share
- 239.70
- Face Value
- 10.00
- Total Debt
- 1,800
- Net Working Capital
- 16,485
- Contingent Liabilities
- 2,511
- Book Value per Share
- 239.70
- Face Value
- 10.00
- Equity Capital
- 387
- 6,520
- 1,806
- Trade Payables
- 4,990
- 1,25,296
- Total Liabilities
- 1,38,999
- 63,157
- Capital Work in Progress
- 39
- 27,675
- 985
- 600
- Cash & Bank
- 23,999
- 22,544
- Total Assets
- 1,38,999
- Total Debt
- 1,806
- Net Working Capital
- 19,658
- Contingent Liabilities
- 2,818
- Book Value per Share
- 178.64
- Face Value
- 10.00
- Total Debt
- 1,806
- Net Working Capital
- 19,658
- Contingent Liabilities
- 2,818
- Book Value per Share
- 178.64
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 3,782 | 3,903 | 3,176 | 6,972 | -1,614 | 2,091 | 12,728 | 21,218 | 24,151 | 23,470 | |
| Cash from Investing | -3,038 | -4,160 | -2,536 | -4,568 | 3,197 | 1,502 | -4,059 | -11,809 | -12,759 | -1,952 |
| Cash from Financing | -1,401 | 766 | -592 | -2,407 | -1,775 | -3,088 | -8,432 | -9,978 | -11,015 | -21,276 |
| -657 | 510 | 47 | -4 | -192 | 505 | 236 | -570 | 377 | 241 | |
| Free Cash Flow | 3,782 | 2,721 | 1,456 | -8,117 | -6,830 | -3,395 | 2,879 | 6,746 | 1,887 | 8,072 |
| OCF / Net Profit | 2.28 | 1.74 | 20.19 | -29.83 | 0.28 | -0.34 | -41.62 | 2.60 | 3.33 | -9.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -14,165 | -14,007 | -8,716 | 1,287 | 16,189 |
| OCF / Net Profit | 2.28 | 1.74 | 20.19 | -29.83 | 0.28 | -0.34 | -41.62 | 2.60 | 3.33 | -9.81 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 0 | -14,165 | -14,007 | -8,716 | 1,287 | 16,189 |
- 3,782
- Cash from Investing
- -3,038
- Cash from Financing
- -1,401
- -657
- Free Cash Flow
- 3,782
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.28
- Cumulative 5-Year FCF
- 0
- 3,903
- Cash from Investing
- -4,160
- Cash from Financing
- 766
- 510
- Free Cash Flow
- 2,721
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.74
- Cumulative 5-Year FCF
- 0
- 3,176
- Cash from Investing
- -2,536
- Cash from Financing
- -592
- 47
- Free Cash Flow
- 1,456
- OCF / Net Profit
- 20.19
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 20.19
- Cumulative 5-Year FCF
- 0
- 6,972
- Cash from Investing
- -4,568
- Cash from Financing
- -2,407
- -4
- Free Cash Flow
- -8,117
- OCF / Net Profit
- -29.83
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -29.83
- Cumulative 5-Year FCF
- 0
- -1,614
- Cash from Investing
- 3,197
- Cash from Financing
- -1,775
- -192
- Free Cash Flow
- -6,830
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.28
- Cumulative 5-Year FCF
- 0
- 2,091
- Cash from Investing
- 1,502
- Cash from Financing
- -3,088
- 505
- Free Cash Flow
- -3,395
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- -14,165
- OCF / Net Profit
- -0.34
- Cumulative 5-Year FCF
- -14,165
- 12,728
- Cash from Investing
- -4,059
- Cash from Financing
- -8,432
- 236
- Free Cash Flow
- 2,879
- OCF / Net Profit
- -41.62
- Cumulative 5-Year FCF
- -14,007
- OCF / Net Profit
- -41.62
- Cumulative 5-Year FCF
- -14,007
- 21,218
- Cash from Investing
- -11,809
- Cash from Financing
- -9,978
- -570
- Free Cash Flow
- 6,746
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- -8,716
- OCF / Net Profit
- 2.60
- Cumulative 5-Year FCF
- -8,716
- 24,151
- Cash from Investing
- -12,759
- Cash from Financing
- -11,015
- 377
- Free Cash Flow
- 1,887
- OCF / Net Profit
- 3.33
- Cumulative 5-Year FCF
- 1,287
- OCF / Net Profit
- 3.33
- Cumulative 5-Year FCF
- 1,287
- 23,470
- Cash from Investing
- -1,952
- Cash from Financing
- -21,276
- 241
- Free Cash Flow
- 8,072
- OCF / Net Profit
- -9.81
- Cumulative 5-Year FCF
- 16,189
- OCF / Net Profit
- -9.81
- Cumulative 5-Year FCF
- 16,189
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 45.90 | 58.33 | 4.09 | -6.07 | -150.85 | -159.94 | -7.93 | 211.72 | 187.85 | -61.87 |
| Book Value (₹) | 103.03 | 182.71 | 179.63 | 152.48 | 1.97 | -156.69 | -163.27 | 50.15 | 239.70 | 178.64 |
| Dividend per Share (₹) | 34.00 | 6.00 | 5.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 10.00 | 0.00 |
| Cash EPS (₹) | 58.55 | 69.70 | 23.85 | 97.20 | -28.76 | -28.38 | 124.43 | 378.19 | 412.49 | 217.66 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.19% | 17.27% | 4.13% | 15.72% | 7.18% | 5.02% | 14.63% | 23.74% | 22.40% | 14.17% |
| Net Margin % | 8.93% | 9.74% | 0.55% | -0.65% | -39.66% | -23.76% | -0.56% | 11.86% | 8.98% | -2.82% |
| ROE % | 44.55% | 41.73% | 2.26% | -3.66% | -195.40% | 0.00% | 0.00% | 0.00% | 129.64% | -29.61% |
| ROCE % | 40.00% | 44.51% | 4.40% | 20.66% | -79.48% | -1434.91% | 0.00% | 0.00% | 168.93% | 39.95% |
| 9.68% | 10.96% | 0.61% | -0.65% | -12.92% | -13.15% | -0.56% | 11.20% | 7.16% | -1.86% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 3 | 3 | 4 | 3 | 6 | 4 | 3 | 3 | 3 | 3 |
| Inventory Days | 3 | 3 | 3 | 3 | 8 | 5 | 3 | 3 | 3 | 4 |
| Payable Days | 2289 | 2588 | 3217 | 3099 | 0 | 7370 | 4059 | 3394 | 3492 | 3380 |
| -2282 | -2583 | -3211 | -3094 | 13 | -7361 | -4053 | -3388 | -3486 | -3373 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.70x | 0.35x | 0.35x | 0.12x | 33.04x | -0.65x | -0.36x | 0.98x | 0.19x | 0.26x |
| Interest Coverage (x) | 6.28x | 8.57x | 0.74x | 0.87x | -1.68x | -1.58x | 0.90x | 2.91x | 2.48x | 0.67x |
| 1.75x | 2.15x | 2.17x | 1.37x | 1.09x | 0.90x | 1.10x | 1.16x | 1.48x | 1.51x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 0.00% | 23.90% | 23.79% | 25.47% | -59.05% | 77.12% | 109.97% | 26.55% | 17.27% | 5.15% |
| Operating Profit Growth % | 0.00% | 32.21% | -70.44% | 378.06% | -81.30% | 23.75% | 512.39% | 134.53% | 14.53% | -22.47% |
| Net Profit Growth % | 0.00% | 35.15% | -92.99% | -248.61% | -2384.80% | -6.12% | 95.04% | 2772.59% | -11.19% | -132.98% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2769.46% | -11.28% | -132.94% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 16.74x | 27.22x | 0.00x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 70.68x | 21.33x | 22.08x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.20% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.53x | 8.43x | 7.85x |
- EPS (₹)
- 45.90
- Book Value (₹)
- 103.03
- Dividend per Share (₹)
- 34.00
- Cash EPS (₹)
- 58.55
- Operating Margin %
- 16.19%
- Net Margin %
- 8.93%
- ROE %
- 44.55%
- ROCE %
- 40.00%
- 9.68%
- Debtor Days
- 3
- Inventory Days
- 3
- Payable Days
- 2289
- -2282
- Debt to Equity (x)
- 0.70x
- Interest Coverage (x)
- 6.28x
- 1.75x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 58.33
- Book Value (₹)
- 182.71
- Dividend per Share (₹)
- 6.00
- Cash EPS (₹)
- 69.70
- Operating Margin %
- 17.27%
- Net Margin %
- 9.74%
- ROE %
- 41.73%
- ROCE %
- 44.51%
- 10.96%
- Debtor Days
- 3
- Inventory Days
- 3
- Payable Days
- 2588
- -2583
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 8.57x
- 2.15x
- Revenue Growth %
- 23.90%
- Operating Profit Growth %
- 32.21%
- Net Profit Growth %
- 35.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 4.09
- Book Value (₹)
- 179.63
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 23.85
- Operating Margin %
- 4.13%
- Net Margin %
- 0.55%
- ROE %
- 2.26%
- ROCE %
- 4.40%
- 0.61%
- Debtor Days
- 4
- Inventory Days
- 3
- Payable Days
- 3217
- -3211
- Debt to Equity (x)
- 0.35x
- Interest Coverage (x)
- 0.74x
- 2.17x
- Revenue Growth %
- 23.79%
- Operating Profit Growth %
- -70.44%
- Net Profit Growth %
- -92.99%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -6.07
- Book Value (₹)
- 152.48
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 97.20
- Operating Margin %
- 15.72%
- Net Margin %
- -0.65%
- ROE %
- -3.66%
- ROCE %
- 20.66%
- -0.65%
- Debtor Days
- 3
- Inventory Days
- 3
- Payable Days
- 3099
- -3094
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 0.87x
- 1.37x
- Revenue Growth %
- 25.47%
- Operating Profit Growth %
- 378.06%
- Net Profit Growth %
- -248.61%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -150.85
- Book Value (₹)
- 1.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -28.76
- Operating Margin %
- 7.18%
- Net Margin %
- -39.66%
- ROE %
- -195.40%
- ROCE %
- -79.48%
- -12.92%
- Debtor Days
- 6
- Inventory Days
- 8
- Payable Days
- 0
- 13
- Debt to Equity (x)
- 33.04x
- Interest Coverage (x)
- -1.68x
- 1.09x
- Revenue Growth %
- -59.05%
- Operating Profit Growth %
- -81.30%
- Net Profit Growth %
- -2384.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -159.94
- Book Value (₹)
- -156.69
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -28.38
- Operating Margin %
- 5.02%
- Net Margin %
- -23.76%
- ROE %
- 0.00%
- ROCE %
- -1434.91%
- -13.15%
- Debtor Days
- 4
- Inventory Days
- 5
- Payable Days
- 7370
- -7361
- Debt to Equity (x)
- -0.65x
- Interest Coverage (x)
- -1.58x
- 0.90x
- Revenue Growth %
- 77.12%
- Operating Profit Growth %
- 23.75%
- Net Profit Growth %
- -6.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- -7.93
- Book Value (₹)
- -163.27
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 124.43
- Operating Margin %
- 14.63%
- Net Margin %
- -0.56%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- -0.56%
- Debtor Days
- 3
- Inventory Days
- 3
- Payable Days
- 4059
- -4053
- Debt to Equity (x)
- -0.36x
- Interest Coverage (x)
- 0.90x
- 1.10x
- Revenue Growth %
- 109.97%
- Operating Profit Growth %
- 512.39%
- Net Profit Growth %
- 95.04%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
- EPS (₹)
- 211.72
- Book Value (₹)
- 50.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 378.19
- Operating Margin %
- 23.74%
- Net Margin %
- 11.86%
- ROE %
- 0.00%
- ROCE %
- 0.00%
- 11.20%
- Debtor Days
- 3
- Inventory Days
- 3
- Payable Days
- 3394
- -3388
- Debt to Equity (x)
- 0.98x
- Interest Coverage (x)
- 2.91x
- 1.16x
- Revenue Growth %
- 26.55%
- Operating Profit Growth %
- 134.53%
- Net Profit Growth %
- 2772.59%
- 2769.46%
- P/E (x)
- 16.74x
- P/B (x)
- 70.68x
- Dividend Yield %
- 0.00%
- 6.53x
- EPS (₹)
- 187.85
- Book Value (₹)
- 239.70
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 412.49
- Operating Margin %
- 22.40%
- Net Margin %
- 8.98%
- ROE %
- 129.64%
- ROCE %
- 168.93%
- 7.16%
- Debtor Days
- 3
- Inventory Days
- 3
- Payable Days
- 3492
- -3486
- Debt to Equity (x)
- 0.19x
- Interest Coverage (x)
- 2.48x
- 1.48x
- Revenue Growth %
- 17.27%
- Operating Profit Growth %
- 14.53%
- Net Profit Growth %
- -11.19%
- -11.28%
- P/E (x)
- 27.22x
- P/B (x)
- 21.33x
- Dividend Yield %
- 0.20%
- 8.43x
- EPS (₹)
- -61.87
- Book Value (₹)
- 178.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 217.66
- Operating Margin %
- 14.17%
- Net Margin %
- -2.82%
- ROE %
- -29.61%
- ROCE %
- 39.95%
- -1.86%
- Debtor Days
- 3
- Inventory Days
- 4
- Payable Days
- 3380
- -3373
- Debt to Equity (x)
- 0.26x
- Interest Coverage (x)
- 0.67x
- 1.51x
- Revenue Growth %
- 5.15%
- Operating Profit Growth %
- -22.47%
- Net Profit Growth %
- -132.98%
- -132.94%
- P/E (x)
- 0.00x
- P/B (x)
- 22.08x
- Dividend Yield %
- 0.00%
- 7.85x
Documents
Announcements
- Shareholders meeting
2026-08-20 - InterGlobe Aviation Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 20, 2026. Further, the company has informed the Exchange regarding voting results.
- Shareholders meeting
2026-08-20 - InterGlobe Aviation Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026
Annual Reports
Credit Ratings
- Credit Rating- Others
2026-06-30 - InterGlobe Aviation Limited has informed the Exchange about Credit Rating- Others
- Credit Rating- Others
2026-05-01 - InterGlobe Aviation Limited has informed the Exchange about Credit Rating- Others
- Credit Rating- Others
2026-04-01 - InterGlobe Aviation Limited has informed the Exchange about Credit Rating- Others
Concalls
Jul 2026
Jun 2026
May 2026

