Services · NSE: INDIGO
Intrynsic's multi-model valuation estimates InterGlobe Aviation Limited's fair value at ₹5,896 per share (range ₹2,193–₹5,896) against a market price of ₹4,872 - a gap of +21.0% (updated 29 September 2026). This is an estimated fair value based on stated assumptions, not investment advice.
Market price
₹4,872
close of 29 Sept 2026
Est. fair value
₹5,896
₹2,193–₹5,896
Gap
+21.0%
price vs estimate
Trading ~21% below our estimated fair-value range. Assumptions and per-model workings are below.
InterGlobe Aviation runs IndiGo, India's largest airline by passengers and fleet, on a low-cost model. Fuel prices, the rupee and passenger demand drive its profits.
Services · Commercial Services & Supplies
Over the last 3 years, revenue grew 16.0%/yr.
Every ₹100 of shareholder money earned ₹-34.3 in profit last year, vs a sector median of 5.3%.
Debt is 11.15x shareholder equity and 1.6x yearly operating earnings — a heavy load.
The market price is below our estimated fair-value range (based on stated assumptions).
About ₹0 of every ₹100 of reported profit turned into free cash (median, last 5 years); operating cash flow was positive in 5 of 5 years.
Intrynsic values InterGlobe Aviation Limited with 2 independent models and blends them into one estimated fair-value range. Every number below is an estimate based on the stated assumptions - change the assumptions and the estimate changes.
| Model | Estimated value | vs price | Weight |
|---|---|---|---|
| DCFFuture Cash Flows Method | ₹5,896 | +21% | - |
| EV/EBITDAIndustry Comparison Method | ₹2,193 | -55% | - |
Reverse DCF: today's market price implies the company must grow free cash flow about 1.0% a year for the next decade - versus 34.5% historical revenue growth.
| Revenue | ₹84,962 Cr | |
| Net profit | ₹-2,394 Cr | |
| EPS | ₹-61.87 | |
| Free cash flow | ₹21,760 Cr | |
| ROE (latest) | -34.3% | |
| Revenue growth (CAGR) | 18.4% | |
| Profit growth (CAGR) | 44.6% |
Intrynsic's multi-model valuation estimates InterGlobe Aviation Limited's fair value at ₹5,896 per share (range ₹2,193–₹5,896), last updated 29 September 2026. This is an estimate based on stated assumptions, not investment advice.
InterGlobe Aviation Limited trades at ₹4,872 against Intrynsic's estimated fair value of ₹5,896 - the market price is 21% below the estimate, i.e. below our estimated fair-value range. Different assumptions produce different estimates; see the model breakdown above.
InterGlobe Aviation runs IndiGo, India's largest airline by passengers and fleet, on a low-cost model. Fuel prices, the rupee and passenger demand drive its profits.
Intrynsic runs 2 valuation models for InterGlobe Aviation Limited (DCF, EV/EBITDA) and blends them into one estimated fair-value range. Every assumption - growth, discount rate, terminal value - is shown openly on this page.
InterGlobe Aviation Limited operates in the Services sector (Commercial Services & Supplies industry) and is listed on the NSE as INDIGO.
Disclaimer: Intrynsic provides educational and informational analysis only. Fair-value figures are estimates based on stated assumptions - they are not investment advice, research recommendations, or an offer to transact in any security. Intrynsic is not a SEBI-registered investment adviser or research analyst. Markets carry risk; please do your own research or consult a registered adviser before making investment decisions. Prices shown may be delayed end-of-day values. Terms · Privacy