IndiGo Reiterates Its Strategic Expansion, Financial Resilience, Sustainable Growth, Says Motilal Oswal

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Interglobe Aviation Ltd. is striving to improve its international presence through strategic partnerships and loyalty programs. It served 106.7 million customers in FY24, with a net increase of 63 aircraft.

The company had eight strategic partners with a 27% international share in terms of available seat per kilometer in FY24.

Management has also taken several preemptive measures to increase its global brand awareness as it expects to capture a bigger share of growth in the international market over the coming years. IndiGo is further enhancing its international travel and working relentlessly to adjust schedules to reassure customers.

The stock is trading at ~20x FY26E EPS of Rs 248.9 and ~10 times FY26E EV/Ebitdar. We reiterate our Neutral rating on the stock with a target price of Rs 4,660, based on eight times FY27E EV/Ebitdar.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.