Professional
Added to YB: 2024-04-30
Pitch date: 2024-03-31
INDIGO.NS [bullish]
InterGlobe Aviation Limited
+39.57%
current return
Author Info
No bio for this author
Company Info
InterGlobe Aviation Limited, together with its subsidiaries, provides air transportation services under the IndiGo brand in India and internationally.
Market Cap
INR 2.2T
Pitch Price
INR 3.6K
Price Target
N/A
Dividend
0.17%
EV/EBITDA
11.59
P/E
43.75
EV/Sales
2.99
Sector
Passenger Airlines
Category
growth
Baron International Growth Fund New Portfolio Holding: InterGlobe Aviation Limited
INDIGO.NS: India's largest airline with 60%+ share in duopolistic market. Benefited from COVID consolidation. 350+ planes, 86 domestic & 32 intl destinations. Scale advantage in plane ownership cost & fleet age. Excited about growing India air travel demand, better pricing, and intl expansion plans. Expect 15-20% EBITDA CAGR over 3-5 years.
Read full article (1 min)