Company Valuation: InterGlobe Aviation Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 775,961 736,646 1,369,703 1,976,687 1,524,608 1,884,806 - -
Change - -5.07% 85.94% 44.32% -22.87% 23.63% - -
Enterprise Value (EV) 1 962,473 951,211 1,559,586 2,207,408 1,804,669 2,244,432 2,382,989 2,726,154
Change - -1.17% 63.96% 41.54% -18.24% 24.37% 6.17% 14.4%
P/E -12.6x -241x 16.8x 27.3x -63.7x 63.3x 23.8x 19.1x
PBR -13x -11.8x 68.6x 21.1x 21.9x 17.7x 10.1x 6.59x
PEG - 2.5x -0x -2.4x 0x -0x 0x 0.8x
Capitalization / Revenue 2.99x 1.35x 1.99x 2.45x 1.79x 1.87x 1.66x 1.44x
EV / Revenue 3.71x 1.75x 2.26x 2.73x 2.12x 2.22x 2.1x 2.08x
EV / EBITDA 112x 14.6x 9.56x 12.2x 15.1x 12.9x 9.17x 8.69x
EV / EBIT -21.3x 68.3x 15.8x 23.5x 154x 41.8x 21.7x 19.2x
EV / FCF 55.2x 7.82x 7.75x 9.79x 8.29x 11.4x 10.2x 10.2x
FCF Yield 1.81% 12.8% 12.9% 10.2% 12.1% 8.74% 9.84% 9.77%
Dividend per Share 2 - - - 10 - 3.286 8.533 11.92
Rate of return - - - 0.2% - 0.07% 0.18% 0.24%
EPS 2 -160 -7.93 211.6 187.7 -61.88 77.06 205.1 255.3
Distribution rate - - - 5.33% - 4.26% 4.16% 4.67%
Net sales 1 259,309 544,465 689,043 808,029 849,619 1,009,605 1,135,066 1,312,376
EBITDA 1 8,590 64,954 163,176 180,583 119,834 174,170 259,797 313,840
EBIT 1 -45,213 13,924 98,918 93,781 11,752 53,690 109,700 141,894
Net income 1 -61,618 -3,058 81,725 72,584 -23,919 30,138 80,298 96,721
Net Debt 1 186,512 214,565 189,883 230,721 280,061 359,625 498,183 841,348
Reference price 2 2,014.15 1,910.65 3,548.65 5,115.35 3,943.50 4,874.50 4,874.50 4,874.50
Nbr of stocks (in thousands) 385,255 385,547 385,979 386,423 386,613 386,667 - -
Announcement Date 5/25/22 5/18/23 5/23/24 5/21/25 5/29/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
65.14x2.25x13.06x0.07% 19.93B
13.44x0.94x7.46x0.89% 55.56B
10.68x0.81x6.86x-.--% 37B
13.64x1.36x6.22x1.86% 27.76B
8.31x0.81x3.87x2.15% 25.43B
28.27x1.08x5.76x3.73% 16.4B
11.59x1.18x4.88x - 14.97B
-11.9x1.58x10.34x-.--% 11.49B
8.28x0.39x3.81x3.75% 10.46B
-12.52x1.62x9.6x-.--% 10.12B
Average 13.49x 1.20x 7.19x 1.38% 22.91B
Weighted average by Cap. 15.24x 1.13x 7.08x 1.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. INDIGO Stock
  4. Valuation InterGlobe Aviation Limited