Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Interglobe Aviation Ltd

About the Company - Interglobe Aviation Ltd

InterGlobe Aviation Ltd. is a Public Limited Listed company incorporated on 13/01/2004 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L62100DL2004PLC129768 and registration number is 129768. Currently Company is involved in the business activities of Passenger airways. Company’s Total Operating Revenue is Rs. 25930.93 Cr. and Equity Capital is Rs. 385.26 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
AirlinesUpper Ground Floor, New Delhi Delhi 110001investors@goindigo.in
http://www.goindigo.in
Management
NamePosition Held
Dr. Venkataramani SumantranChairman & Ind.Director
Mr. Rahul BhatiaManaging Director
Mr. Meleveetil DamodaranDirector
Mr. Anil ParasharDirector
Mr. Gregg Albert SaretskyDirector
Air Cmdr. (Retd.) Birender Singh DhanoaIndependent Director
Ms. Pallavi Shardul ShroffIndependent Director
Mr. Vikram Singh MehtaIndependent Director

Basic Stock Data of Interglobe Aviation Ltd

Last Updated: July 20, 2024, 11:00 pm

Market Cap 1,65,334 Cr.
Current Price 4,281
High / Low4,610/2,333
Stock P/E20.2
Book Value 50.0
Dividend Yield0.00 %
ROCE26.6 %
ROE%
Face Value 10.0
PEG Ratio0.12

Data Source: screener.in

Interglobe Aviation Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales4,9106,2233,0075,6089,2958,02112,85512,49814,93314,16116,68314,94419,452
Expenses4,0715,6744,4775,4227,5177,98512,25812,47211,81911,41211,71512,74814,308
Operating Profit839549-1,4701861,77836597253,1142,7484,9682,1965,144
OPM %17%9%-49%3%19%0%5%0%21%19%30%15%26%
Other Income233139163190185186163354476438477558610
Interest5415285555696016336577288299189541,0211,095
Depreciation1,1561,3191,3171,2481,2341,2691,1701,2371,3421,3521,4041,5451,660
Profit before tax-627-1,159-3,179-1,440128-1,680-1,065-1,5851,4189163,0871882,998
Tax %0%0%0%0%0%0%0%0%0%0%0%0%0%
Net Profit-627-1,159-3,179-1,440128-1,680-1,065-1,5851,4189163,0871882,998
EPS in Rs-16.28-30.11-82.60-37.403.33-43.60-27.65-41.1436.7923.7680.074.8777.69

Last Updated: July 11, 2024, 9:19 am

Interglobe Aviation Ltd Quarterly Chart

Interglobe Aviation Ltd Profit & Loss

Last Updated: July 10, 2024, 6:25 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales5,5659,20311,11713,92516,14018,58023,02128,49735,75614,64125,93154,44660,720
Expenses5,5408,34810,68412,02212,97616,36219,99128,64831,68714,63825,37347,92647,694
Operating Profit258554331,9043,1642,2193,030-1514,06925586,52113,026
OPM %0%9%4%14%20%12%13%-1%11%0%2%12%21%
Other Income1652963913955157899471,3251,5311,0367251,4311,950
Interest59731231503504064135631,9022,1702,3863,1683,723
Depreciation67862263025054574377603,9744,6995,0685,1015,644
Profit before tax649934751,8472,8242,1443,127-149-275-5,830-6,171-3175,609
Tax %-100%21%0%29%30%23%28%205%10%0%0%0%
Net Profit1287874741,3041,9861,6592,242156-248-5,830-6,171-3175,609
EPS in Rs4,165.4725,646.5815,454.0742,481.1155.1245.9058.334.06-6.45-151.46-160.18-8.21145.49
Dividend Payout %0%70%80%83%27%74%10%123%0%0%0%0%

Interglobe Aviation Ltd Profit & Loss Yearly Chart

Interglobe Aviation Ltd Growth

Compounded Sales Growth
10 Years:20%
5 Years:19%
3 Years:68%
TTM:27%
Compounded Profit Growth
10 Years:35%
5 Years:107%
3 Years:49%
TTM:1154%
Stock Price CAGR
10 Years:%
5 Years:25%
3 Years:36%
1 Year:64%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Last Updated: July 17, 2024, 5:34 pm

Interglobe Aviation Ltd Balance Sheet

Last Updated: July 10, 2024, 6:25 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital31313131360361384384385385385386386
Reserves3484983733862,3633,4186,6936,5605,478-314-6,421-6,689-3,378
Preference Capital444400000000
Borrowings1,0161,8003,3463,9263,2452,5962,4532,42922,71929,86036,87844,85449,392
Other Liabilities2,4193,6825,3516,4466,6628,83411,59915,63813,46713,04415,01820,49226,594
Total Liabilities3,8146,0119,10210,78912,63015,21021,12925,01242,04842,97445,86059,04372,993
Fixed Assets8861,7643,9564,8764,7473,7944,5795,66216,77818,81521,28227,65031,957
CWIP07003225322414072125210
Investments5231,1381,2725179863,7136,3446,5179,4997,2908,03311,51414,838
Other Assets2,4043,1013,8745,3966,8647,67710,17412,80915,63116,79716,42019,85826,198
Total Assets3,8146,0119,10210,78912,63015,21021,12925,01242,04842,97445,86059,04372,993

Interglobe Aviation Ltd Reserves and Borrowings Chart

Interglobe Aviation Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 1,7411,5952,3843,1163,7823,9033,1606,943-1,6202,06412,70321,183
Cash from Investing Activity -1,890-2,914-940-1,337-3,033-4,152-2,526-4,5733,2281,527-4,039-11,756
Cash from Financing Activity 361,285-1,308-1,220-1,401766-592-2,407-1,775-3,088-8,432-9,979
Net Cash Flow-113-34136559-65251842-37-168503232-552

Interglobe Aviation Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days333343453553
Inventory Days
Days Payable
Cash Conversion Cycle333343453553
Working Capital Days-50-44-76-60-63-72-70-64-80-186-126-57
ROCE %9%55%17%47%61%38%40%0%5%-14%-13%7%

Interglobe Aviation Ltd Financial Efficiency Indicators Chart

Interglobe Aviation Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters74.84%74.79%74.78%74.77%74.77%71.92%71.92%67.86%67.77%63.25%63.12%57.29%
FIIs19.17%18.51%18.57%17.70%16.72%18.06%17.77%19.43%19.76%20.29%18.70%23.66%
DIIs3.92%4.62%4.73%5.48%6.38%7.77%8.24%10.43%10.37%13.25%14.65%15.03%
Government0.00%0.00%0.00%0.00%0.00%0.07%0.07%0.07%0.07%0.07%0.07%0.07%
Public2.08%2.08%1.92%2.05%2.13%2.18%1.98%2.19%2.02%3.16%3.45%3.95%
No. of Shareholders89,83494,13198,4961,11,4091,15,2241,15,0671,03,7771,06,2661,05,5111,40,1791,41,1061,70,059

Interglobe Aviation Ltd Shareholding Pattern Chart

No. of Interglobe Aviation Ltd Shareholders

Interglobe Aviation Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
SBI Equity Hybrid Fund4,400,0001.821079.69928,7032024-07-20373.78%
Kotak Flexicap Fund - Regular Plan2,650,0001.66650.27928,7032024-07-20185.34%
SBI Multicap Fund1,900,0003.6466.23928,7032024-07-20104.59%
Axis Bluechip Fund1,628,7221.3399.66928,7032024-07-2075.38%
Nippon India Small Cap Fund1,619,4431.06397.39928,7032024-07-2074.38%
ICICI Prudential Balanced Advantage Fund1,434,7150.71352.06928,7032024-07-2054.49%
ICICI Prudential Multi Asset Fund1,133,3701.12278.11928,7032024-07-2022.04%
ICICI Prudential Value Discovery Fund1,044,6870.79256.35928,7032024-07-2012.49%
Mirae Asset Emerging Bluechip Fund948,5620.83232.76928,7032024-07-202.14%
Nippon India Growth Fund928,7031.19227.89928,7032024-07-200%

Interglobe Aviation Ltd ROCE Trend

Interglobe Aviation Ltd EPS Trend

Interglobe Aviation Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)211.84-7.93-160.01-150.89-6.07
Diluted EPS (Rs.)211.84-7.93-160.01-150.89-6.07
Cash EPS (Rs.)378.21124.43-28.38-28.7697.20
Book Value[Excl.RevalReserv]/Share (Rs.)51.72-162.17-155.582.73152.60
Book Value[Incl.RevalReserv]/Share (Rs.)51.72-162.17-155.582.73152.60
Revenue From Operations / Share (Rs.)1785.181412.19673.08380.37929.22
PBDIT / Share (Rs.)483.04205.6933.0426.59145.38
PBIT / Share (Rs.)316.5673.33-98.52-95.5042.10
PBT / Share (Rs.)208.54-7.89-159.73-151.15-6.64
Net Profit / Share (Rs.)211.73-7.93-159.94-150.85-6.07
NP After MI And SOA / Share (Rs.)211.73-7.93-159.94-150.85-6.07
PBDIT Margin (%)27.0514.564.906.9815.64
PBIT Margin (%)17.735.19-14.63-25.104.53
PBT Margin (%)11.68-0.55-23.73-39.73-0.71
Net Profit Margin (%)11.86-0.56-23.76-39.65-0.65
NP After MI And SOA Margin (%)11.86-0.56-23.76-39.65-0.65
Return on Networth / Equity (%)409.350.000.00-5530.98-3.97
Return on Capital Employeed (%)23.758.00-16.12-15.236.31
Return On Assets (%)9.93-0.51-13.40-13.48-0.55
Long Term Debt / Equity (X)0.000.00-0.063.640.05
Total Debt / Equity (X)0.94-0.36-0.6523.870.05
Asset Turnover Ratio (%)0.971.040.580.341.07
Current Ratio (X)1.161.100.901.101.37
Quick Ratio (X)1.141.070.881.081.35
Interest Coverage Ratio (X)4.472.530.530.472.98
Interest Coverage Ratio (Post Tax) (X)2.960.90-1.61-1.710.87
Enterprise Value (Cr.)121981.3664138.8871341.9154208.8230579.99
EV / Net Operating Revenue (X)1.771.182.753.700.85
EV / EBITDA (X)6.548.0956.0552.975.47
MarketCap / Net Operating Revenue (X)1.991.352.994.301.15
Price / BV (X)68.53-11.79-12.94599.547.00
Price / Net Operating Revenue (X)1.991.352.994.301.15
EarningsYield0.050.00-0.07-0.09-0.01

Interglobe Aviation Ltd Profitability Ratios (%)

Interglobe Aviation Ltd Liquidity Ratios

Interglobe Aviation Ltd Liquidity Ratios (%)

Interglobe Aviation Ltd Interest Coverage Ratios (%)

Interglobe Aviation Ltd Valuation Ratios

Fair Value

Fair Value: 154.53

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Overvalued: 96.39% compared to the current price 4281

Default values used*: Deafault value of 15% for ROE is used

Intrinsic Value: 422.59

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Overvalued: 90.13% compared to the current price 4281

Default values used*: Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 173.47%

*Investments are subject to market risks

Strength and Weakness of Interglobe Aviation Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 21.00%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -79.00, which is a positive sign.
  3. The company has shown consistent growth in sales (23.92 cr) and profit (61.00 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 3.67, which may not be favorable.
  2. The company has higher borrowings (17,116.50) compared to reserves (1,157.58), which may suggest financial risk.

FAQ

What is the latest fair value of Interglobe Aviation Ltd?

The latest fair value of Interglobe Aviation Ltd is ₹154.53.

What is the Market Cap of Interglobe Aviation Ltd?

The Market Cap of Interglobe Aviation Ltd is 1,65,334 Cr..

What is the current Stock Price of Interglobe Aviation Ltd as on 21 July 2024?

The current stock price of Interglobe Aviation Ltd as on 21 July 2024 is 4,281.

What is the High / Low of Interglobe Aviation Ltd stocks in FY 2024?

In FY 2024, the High / Low of Interglobe Aviation Ltd stocks is 4,610/2,333.

What is the Stock P/E of Interglobe Aviation Ltd?

The Stock P/E of Interglobe Aviation Ltd is 20.2.

What is the Book Value of Interglobe Aviation Ltd?

The Book Value of Interglobe Aviation Ltd is 50.0.

What is the Dividend Yield of Interglobe Aviation Ltd?

The Dividend Yield of Interglobe Aviation Ltd is 0.00 %.

What is the ROCE of Interglobe Aviation Ltd?

The ROCE of Interglobe Aviation Ltd is 26.6 %.

What is the ROE of Interglobe Aviation Ltd?

The ROE of Interglobe Aviation Ltd is %.

What is the Face Value of Interglobe Aviation Ltd?

The Face Value of Interglobe Aviation Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Interglobe Aviation Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE