Interglobe Aviation Ltd, operating under the name IndiGo, stands as India’s foremost low-cost passenger airline, boasting a vast network of 86 destinations, including 24 international ones. It prides itself on delivering a straightforward, no-frills offering, committed to its core brand pledge of offering “low fares, on-time flights, and courteous and stress-free service” to all its passengers. Commencing its operations with a solitary aircraft in August 2006, IndiGo has since expanded its fleet remarkably to a total of 262 aircraft.
Known for its extensive domestic and international flight network, IndiGo has gained a reputation for providing affordable and reliable air travel services to a wide range of passengers. With a focus on punctuality, safety, and excellent customer service, Interglobe Aviation has become a preferred choice for millions of travelers, catering to both leisure and business travelers alike. As a leading player in the Indian aviation industry, the company continues to play a crucial role in shaping and expanding the country’s air travel landscape.
The primary focus of this article is to examine Interglobe Aviation’ share price target spanning from 2024 to 2030 while also evaluating its potential as a compelling stock for investment.
LATEST Q3 RESULTS OF INTERGLOBE AVIATION
- InterGlobe Aviation, parent company of IndiGo, reported Q3 results on February 2nd, 2024.
- Net profit surged by 111% to ₹2,998.12 crore, driven by sustained demand for air travel and a fuel surcharge introduced in October.
- Revenue saw a significant increase, rising by 30% to reach ₹19,452.15 crore.
- The airline carried 243.10 lakh passengers during the quarter, securing a market share of 62.1%.
- Operating performance was strong, with EBITDAR profit reaching ₹5,475.1 crore, marking a substantial YoY increase.
- Despite challenges such as high fuel costs, IndiGo’s strategic measures and continuous demand contribute to its impressive financial performance.
HOW TO BUY INTERGLOBE AVIATION SHARES ?
You can buy Interglobe Aviation shares from the following trading platforms:
- Zerodha
- Upstox
- Groww
- AngleOne
- ICICIDirect
SHARE PRICE PREDICTION OF INTERGLOBE AVIATION :2024 TO 2030
SHARE PRICE TARGET 2024 OF INTERGLOBE AVIATION
| When | Maximum Price | Minimum Price |
| February 2024 | 3,190.00 | 2,773.91 |
| March 2024 | 3,255.10 | 2,830.52 |
| April 2024 | 3,160.29 | 2,748.08 |
| May 2024 | 3,113.59 | 2,707.47 |
| June 2024 | 3,225.68 | 2,804.94 |
| July 2024 | 3,193.42 | 2,776.89 |
| August 2024 | 3,321.16 | 2,887.96 |
| September 2024 | 3,454.01 | 3,003.48 |
| October 2024 | 3,386.28 | 2,944.59 |
| November 2024 | 3,487.87 | 3,032.93 |
| December 2024 | 3,575.06 | 3,108.75 |
In February 2024, the maximum price is projected to reach 3,190.00, while the minimum price is anticipated to be 2,773.91. As the year progresses, fluctuations in maximum and minimum prices continue, with December 2024 expected to have a peak of 3,575.06 and a low of 3,108.75.
SHARE PRICE TARGET 2025 OF INTERGLOBE AVIATION
| When | Maximum Price | Minimum Price |
| January 2025 | ₹3,625.20 | ₹2,788.61 |
| February 2025 | ₹3,816.00 | ₹2,935.38 |
| March 2025 | ₹4,006.80 | ₹3,082.15 |
| April 2025 | ₹3,577.50 | ₹2,751.92 |
| May 2025 | ₹3,252.27 | ₹2,501.75 |
| June 2025 | ₹3,577.50 | ₹2,751.92 |
| July 2025 | ₹3,407.14 | ₹2,620.88 |
| August 2025 | ₹3,549.10 | ₹2,730.08 |
| September 2025 | ₹3,726.56 | ₹2,866.58 |
| October 2025 | ₹3,950.15 | ₹3,038.58 |
| November 2025 | ₹4,226.66 | ₹3,251.28 |
| December 2025 | ₹4,311.20 | ₹3,316.30 |
In January 2025, the maximum share price is expected to reach ₹3,625.20, while the minimum is anticipated to be ₹2,788.61. Moving into February, the share price may experience further growth, with a maximum target of ₹3,816.00 and a minimum of ₹2,935.38. In March, the share price target is projected to range between ₹4,006.80 (maximum) and ₹3,082.15 (minimum).
As the year progresses, Interglobe Aviation’s share prices may continue to fluctuate. In April 2025, the share price is expected to be in the range of ₹3,577.50 (maximum) and ₹2,751.92 (minimum). In May, there could be a slight decrease in the share price, with a maximum target of ₹3,252.27 and a minimum of ₹2,501.75. June 2025 is projected to see a similar price range as April, with the share price fluctuating between ₹3,577.50 (maximum) and ₹2,751.92 (minimum). In July, the share price may experience modest growth, with a maximum target set at ₹3,407.14 and a minimum at ₹2,620.88.
August 2025 could see further growth, with the share price ranging from ₹3,549.10 (maximum) to ₹2,730.08 (minimum). In September, the maximum share price is projected to be ₹3,726.56, while the minimum is expected to be ₹2,866.58.
October 2025 may witness a significant surge in share price, with a maximum target of ₹3,950.15 and a minimum of ₹3,038.58. Similarly, in November, the share price may experience substantial growth, with the maximum target set at ₹4,226.66 and the minimum at ₹3,251.28. In December 2025, the share price is projected to range between ₹4,311.20 (maximum) and ₹3,316.30 (minimum).
INTERGLOBE AVIATION SHARE PRICE PREDICTION 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹3,017.84 | ₹2,112.49 |
| 2027 | ₹2,565.16 | ₹1,795.61 |
| 2028 | ₹4,617.29 | ₹3,232.10 |
| 2029 | ₹9,484.63 | ₹6,639.24 |
| 2030 | ₹10,562.43 | ₹7,393.70 |
In 2026, the share price is projected to range from ₹3,017.84 (maximum) to ₹2,112.49 (minimum), showing a potential increase compared to the previous year’s closing price.
Moving into 2027, there is a decline in the share price, with a maximum target of ₹2,565.16 and a minimum of ₹1,795.61. This might indicate a decrease in value compared to the previous year.
However, in 2028, there is a significant surge in share price, with the maximum target set at ₹4,617.29 and the minimum at ₹3,232.10, indicating substantial growth compared to the previous year.
As we progress into 2029, the share price continues to increase significantly, ranging from ₹9,484.63 (maximum) to ₹6,639.24 (minimum), demonstrating substantial growth opportunities compared to the previous year.
Finally, in 2030, the share price is projected to continue its upward trajectory, ranging between ₹10,562.43 (maximum) and ₹7,393.70 (minimum). This further indicates potential growth compared to the previous year.
FINANCIAL CONDITION OF INTERGLOBE AVIATION :LAST 5 YEARS
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
| Sales | 28,497 | 35,756 | 14,641 | 25,931 | 54,446 |
| Expenses | 28,648 | 31,687 | 14,638 | 25,373 | 47,926 |
| Operating Profit | -151 | 4,069 | 2 | 558 | 6,521 |
| OPM % | -1% | 11% | 0% | 2% | 12% |
| Other Income | 1,325 | 1,531 | 1,036 | 725 | 1,431 |
| Interest | 563 | 1,902 | 2,170 | 2,386 | 3,168 |
| Depreciation | 760 | 3,974 | 4,699 | 5,068 | 5,101 |
| Profit before tax | -149 | -275 | -5,830 | -6,171 | -317 |
| Tax % | 205% | 10% | 0% | 0% | 0% |
| Net Profit | 156 | -248 | -5,830 | -6,171 | -317 |
| EPS in Rs | 4.06 | -6.45 | -151.46 | -160.18 | -8.21 |
| Dividend Payout % | 123% | 0% | 0% | 0% | 0% |
Interglobe Aviation’s sales have shown substantial growth, increasing from 28,497 in March 2019 to 54,446 in March 2023. This indicates that the company has been successful in increasing its revenue over the years, which can be seen as a positive sign.
The operating profit margin is a measure of a company’s profitability, indicating how much profit it makes from its core business operations. Interglobe Aviation’s OPM % has fluctuated, starting from a negative 1% in March 2019, peaking at 11% in March 2020, and settling at 12% in March 2023. This suggests that the company has been able to improve its operational efficiency and profitability over time. The company’s expenses have varied over the years. While they have increased from 28,648 in March 2019 to 47,926 in March 2023, it is essential to note that the sales growth has outpaced the expense growth, leading to improved operating profits.
The company’s EPS has shown a negative trend over the years, mainly due to the negative profits in some years. The dividend payout % has consistently been at 0%, indicating that the company has not distributed any dividends to its shareholders during this period, possibly due to the need to reinvest profits or manage financial challenges.
Overall, the financial conditions of Interglobe Aviation have been volatile over the past five years. While the company has shown growth in sales and improvements in operating profitability, it has faced challenges with consistent net profitability, possibly influenced by factors such as increasing expenses and interest costs.
FAQS
What Is The Expected Share Price Target Of Interglobe Aviation For The Year 2025?
By the end of 2025, the share price of Interglobe Aviation is anticipated to be approximately ₹4,311.
What Is The Expected Share Price Target Of Interglobe Aviation For The Year 2030?
By the end of 2030, the share price of Interglobe Aviation is anticipated to be approximately ₹10,562.
What Is The Current Share Price Of Interglobe Aviation ?
The current share price of Interglobe Aviation is ₹ 3,127.
What Has Been The Trend In Interglobe Aviation’s Earnings Per Share (EPS) ?
The company’s EPS has shown a negative trend over the years, mainly due to the negative profits in some years.
What Has Been The Trend In Interglobe Aviation’s Operating Profit Margin (OPM) ?
Interglobe Aviation’s OPM % has fluctuated, starting from a negative 1% in March 2019, peaking at 11% in March 2020, and settling at 12% in March 2023. This suggests that the company has been able to improve its operational efficiency and profitability over time.
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CONCLUSION
The company’s sales saw substantial growth in March 2023, reaching ₹54,446 crore, which indicates a potential for revenue expansion. The increase in sales could be an encouraging sign for investors looking for growth opportunities.
Furthermore, the dividend payout ratio being 0% throughout the period indicates that the company did not distribute dividends to its shareholders. This could be disappointing for income-oriented investors who rely on dividends for returns on their investments.
Overall, Interglobe Aviation’s investment and growth prospects depend on various factors. Investors should closely monitor the company’s financial performance, market conditions, and industry outlook before making any investment decisions. As with any investment, there are risks involved, and investors should conduct thorough research and consider their risk tolerance before investing in Interglobe Aviation.
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