InterGlobe Aviation Limited (INDIGO.NS) stock analysis

In our weekly check, InterGlobe Aviation Limited is graded B (A to F). Of 22 checks on debt, profit, cash flow and trend: 17 pass, warnings: 1, red flags: 4.

About InterGlobe Aviation Limited

InterGlobe Aviation Limited is an Industrials company (Airlines, Airports & Air Services) based in India, listed on NSE as INDIGO.NS.

What our checks show for INDIGO.NS

Red flags

• Operating profit covers interest only 1.3 times: a weak year could make the payments hard.
• Weak EPS growth
• The company is losing money: the net margin is -5.4%.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.

Warning signs

• The stock has fallen as much as 55% from a peak. Would you have held through that?

Strengths

• Debt is low: 0x equity.
• The net margin rose by 18.6 points over 5 years, to -5.4%.
• The gross margin is 18.4% and has risen by 27.4 points: pricing power is holding.
• Operating cash flow is 5.16x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 31.8% a year over the next years.
• Analysts expect the net margin to improve by 12.8 points from today's -5.4%.

Next earnings report: 2026-10-30

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Questions

What grade does InterGlobe Aviation Limited (INDIGO.NS) have?

In our weekly check, InterGlobe Aviation Limited is graded B (A to F). Of 22 checks on debt, profit, cash flow and trend: 17 pass, warnings: 1, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of INDIGO.NS stock?

This week's biggest flags for InterGlobe Aviation Limited: Weak interest cover, Weak EPS growth, Thin margins. In total 5 of 22 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 NSE as INDIGO.NS.

When does InterGlobe Aviation Limited report earnings next?

The next earnings report is expected on 2026-10-30. 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 2026-10-24

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