InterGlobe Aviation Limited (INDIGO.BO) stock analysis
In our weekly check, InterGlobe Aviation Limited is graded C (A to F). Of 23 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 6.
About InterGlobe Aviation Limited
InterGlobe Aviation Limited is an Industrials company (Airlines, Airports & Air Services) based in India, listed on BSE as INDIGO.BO.
What our checks show for INDIGO.BO
Red flags
- Net debt is 3.6x a year of EBITDA (debt/equity 17.48). That limits room in a downturn and raises refinancing risk.
- Operating profit does not cover the interest bill (0x): interest is paid from cash or new debt.
- Weak EPS growth
- The company is losing money: the net margin is -2.8%.
- InterGlobe Aviation Limited pays a dividend while losing money: it is funded from reserves or debt.
- Thinly traded (about 46 thousand shares a day): buying and selling can move the price.
Warning signs
- The stock has fallen as much as 55% from a peak. Would you have held through that?
- Return on capital (ROCE) is only 6.7%.
Strengths
- The net margin rose by 21.2 points over 5 years, to -2.8%.
- The gross margin is 21.7% and has risen by 30.7 points: pricing power is holding.
- Operating cash flow is 10.37x net profit: the profit arrives as real cash.
- Analysts expect earnings per share to grow about 61.9% a year over the next years.
- Analysts expect revenue to grow about 15.4% a year over the next years.
- Analysts expect the net margin to improve by 10.2 points from today's -2.8%.
Next earnings report: 2027-01-28
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Questions
What grade does InterGlobe Aviation Limited (INDIGO.BO) have?
In our weekly check, InterGlobe Aviation Limited is graded C (A to F). Of 23 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 6. The grade is a risk check, not a buy or sell recommendation.
What are the main risks of INDIGO.BO stock?
This week's biggest flags for InterGlobe Aviation Limited: High debt, Weak interest cover, Weak EPS growth. In total 8 of 23 checks show a warning or a red flag.
What does InterGlobe Aviation Limited do?
InterGlobe Aviation Limited is an Industrials company (Airlines, Airports & Air Services) based in India, listed on BSE as INDIGO.BO.
When does InterGlobe Aviation Limited report earnings next?
The next earnings report is expected on 2027-01-28. We re-run the checks every week, so the grade can change after it.
The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.
Updated 2026-10-31
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