INDIGO Share Price Target – Having realized that the aviation industry disrupted by Covid-comimpacted is on recovery and growth path, investors have recently taken keen interest in the stocks of IndiGo, which is the largest passenger airline in India and the largest LCC in the country.
In this article analyses the INDIGO Share Price Target 2024, 2025, 2030, 2040, 2050 share price , projections based on market trends, financial performance, and industry forecasts.
What is Inter Globe Aviation Ltd (INDIGO)?
IndiGo is the low-cost carrier based in Gurugram that operates InterGlobe Aviation Ltd. Having started operations in 2006 and IndiGo is the current largest airline in terms of both passengers and aircraft. It operates 1,600 plus flight which covers 98 cities of which integrated 74 cities in India and 24 global cities. The airline is also appreciated for the flights punctuality, possibility to buy tickets for a low prices, as well as the effective operated and young fleet.
Fundamental Table
| Metric | Value |
| Market Cap | ₹1.87T |
| P/E Ratio | 23.91 |
| EPS (TTM) | ₹201.99 |
| ROE | 71.82% |
| Debt to Equity | 1.59 |
| Current Ratio | 0.87 |
| Dividend Yield | |
| Book Value per Share | ₹280.94 |
Peers and Comparison Table
| Company | Market Cap (₹) | P/E Ratio | ROE (%) |
| IndiGo | 1.87T | 23.91 | 71.82 |
| SpiceJet | 33.02B | ||
| Jet Airways | 36.82B | ||
| Air India* | |||
| Go First* |
*Note: Air India and Go First are not publicly listed companies.
Key Metrics Table
| Metric | IndiGo | Industry Average |
| Revenue Growth (YoY) | 17.31% | 12.5% |
| EBITDA Margin | 25.28% | 18.7% |
| Net Profit Margin | 13.94% | 8.2% |
| Debt to EBITDA | 1.23 | 2.1 |
| Load Factor | 84.2% | 79.5% |
| On Time Performance | 87.1% | 82.3% |
INDIGO Share Price Target Tomorrow
| Price Type | Target Price | Change |
| Maximum | ₹4,900.00 | +₹41.82 |
| Minimum | ₹4,800.00 | – ₹58.18 |
INDIGO Share Price Target 2024
Aviation industry is expected to come out of the Covid-19 impact in 2024 and IndiGo is expected to be the biggest gainer of the positive change. Other factors such as a low-cost strategy of the airline and enhancement of domestic and international networks are expected to increase the number of revenues. For IndiGo it was possible to sustain this growth due to increase in demand for/ popularity of flying and the ability to capture new market share from competitors who could not hold up.
In 2024, we forcast IndiGo share price target to be between ₹2,800 and ₹5,50
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 2,800 | 5,500 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 2800 | 3300 |
| February | 3000 | 3300 |
| March | 3000 | 3500 |
| April | 3300 | 4000 |
| May | 3800 | 4400 |
| June | 4000 | 4600 |
| July | 4200 | 4600 |
| August | 4100 | 4900 |
| September | 4600 | 5000 |
| October | 4600 | 5,350 |
| November | 4800 | 5,400 |
| December | 4800 | 5,500 |
INDIGO Share Price Target 2025
The leading position of IndiGo in the sphere of the Indian airline will only increase by 2025. With the post-restructuring strategic objectives and development plans, such as flying wide-body aircraft on long-haul point-to-point services, along with remarkable operational tem faced, enormous progress must be made. Further, their improved operational productivity due to the rise in international connection travel up to the pre COVID-19 shall add more performance to IndiGo.
According to the yield, by 2025 IndiGo share price is expected to be between ₹4500 and ₹6500.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2025 | 4,500 | 6,500 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 4,500 | 5,600 |
| February | 4,800 | 5,700 |
| March | 5,200 | 5,800 |
| April | 5,800 | 5,900 |
| May | 5,900 | 6,000 |
| June | 6,000 | 6,100 |
| July | 6,100 | 6,200 |
| August | 6,200 | 6,300 |
| September | 6,300 | 6,400 |
| October | 6,400 | 6,500 |
| November | 6,450 | 6,550 |
| December | 6,500 | 6,600 |
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Share Price Target 2030
IndiGo has adopted the right strategy to capitalize on the sector’s expansion of air travel in India and possibly around the globe by 2030. The airline has well-established brand recognition; it is operationally efficient, and would likely for future developments to aircraft technology, all of which should benefit its long term growth and development. This is because the middle class populace of India is on the rise, and this sector of population prefers air travel with each passing day providing further scope of expansion for IndiGo.
The estimated numbers reveal that IndiGo’s Share Price may reach up to ₹9,000 to ₹ 11,000 by the end of 2030.
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| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2030 | 9,000 | 11,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 9,000 | 9,200 |
| February | 9,200 | 9,400 |
| March | 9,400 | 9,600 |
| April | 9,600 | 9,800 |
| May | 9,800 | 10,000 |
| June | 10,000 | 10,200 |
| July | 10,200 | 10,400 |
| August | 10,400 | 10,600 |
| September | 10,600 | 10,800 |
| October | 10,800 | 11,000 |
| November | 10,900 | 11,100 |
| December | 11,000 | 11,200 |
Share Price Target 2050
It will be unpredictable as to the fluctuation in projecting share values for a 30-year period. However, if IndiGo continues to retain this status and follows the market changes, we envision the unbelievable growth by 2050. The librarian strategies, such as the redesign of the airline industry, technology advancement in air travel, future economic growth of India and the general trend in world aviation will support the long run value of the airline. Based on these considerations, we would like to express our prognosis of the IndiGo share price that may fluctuate from 25000-35000 rupees depending on the market or key driver forces in or around 2050.
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2050 | 25,000 | 35,000 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
| January | 25,000 | 26,000 |
| February | 26,000 | 27,000 |
| March | 27,000 | 28,000 |
| April | 28,000 | 29,000 |
| May | 29,000 | 30,000 |
| June | 30,000 | 31,000 |
| July | 31,000 | 32,000 |
| August | 32,000 | 33,000 |
| September | 33,000 | 34,000 |
| October | 34,000 | 35,000 |
| November | 34,500 | 35,500 |
| December | 35,000 | 36,000 |
Should I buy INDIGO stock?
| Year | Minimum Price (₹) | Maximum Price (₹) |
| 2024 | 2,800 | 5,500 |
| 2025 | 4,500 | 6,500 |
| 2030 | 9,000 | 11,000 |
| 2040 | 15,000 | 20,000 |
| 2050 | 25,000 | 35,000 |
Each of the above benefits may have accompaniments of its disadvantages that would be useful once an IndiGo stock is to be acquired. Domestically as of August 2024, IndiGo occupies commanding 62%, and apart from that it functions rather efficiently. Considering its relative ability to tightly control costs, to continue to grow its route network, and to replace aging aircraft, this group is well set to continue on this pace.
However, there are common ones like uncertainties in the prices of oil the legal structures, or the markets getting to a saturation point, which are factors that investors cannot ignore. The recent event of the COVID-19 pandemic again highlighted the volatility and indispensability of the aviation industry and how sensitive it is to market forces shocks.
Investors should decide whether they are willing to deal with high levels of risks, adapt a short-term or long-term approach, or even redesign their current overall investment plan. As with any new venture, one must make a proper research, as well as to seek the advice of a financial advisor.
Inter Globe Aviation Ltd Earning Results 2025
IndiGo’s net profit was up for certain factors including increase in the price of fuel and foreign exchange losses; On the other hand, its operational statistics and balance sheet, is in the positive.
| Metric | Q1 FY24 | Q1 FY23 | YoY Change |
| Revenue | ₹19,571 crore | ₹16,683 crore | +17.31% |
| EBITDA | ₹4,947 crore | ₹3,507 crore | +41.06% |
| Net Profit | ₹2,729 crore | ₹3,090 crore | 11.71% |
| EPS | ₹70.51 | ₹79.94 | 11.80% |
Bull Case:
- Current market leader with 62% ownership stake in the expanding Indian aviation industry
- The company has a high level of brand image and good customer commitment.
- Cheap and effective method enabling the company to achieve record high profits in automobile industry
- Moderate level of scalability for the international market.- High flow and strong balance sheet.
Bear Case
- Vulnerability to fuel price and currency fluctuations
- Intense competition in India’s price-sensitive market
- Risks associated with potential changes in aviation policies and regulations
- Cyclicality of the aviation industry
- Possible effects of future pandemics or global recessions
Conclusion
This paper seeks to analyse the case of IndiGo as the most successful airline in the Indian aviation industry, which thrives under these environments. Overall, having a well-developed operational structure, with internal production and business organization and clear efforts towards expansion, the company is fully prepared for the future.
However, similar to any other aviation investment, IndiGo stock depends on the industry conditions, the pressures that competition provides and other factors. Any investor put in IndiGo stock has to consider long-term capital appreciation against the cyclical volatile nature of the airline business. As it can be seen from current trends, as well as analysing its past performance, this article provides forecasts, but the stock market stays inherently volatile and unpredictable, and thus, the actual result may vary. It always pays to invest in different types of investment vehicles and it is best that a financial expert is sought before venturing into any large investments.
FAQ
does indigo pay dividends ?
At the moment, IndiGo has not declared or paid dividends to its shareholders. Indeed, the airline has not paid any dividends in 2023 and the first quarter of 2024 as well. The last announcement of dividend was given in March 2019 and was ₹5 per share.
How has IndiGo’s share price performed recently
IndiGo’s share price has shown fluctuations, influenced by market conditions and company performance. For detailed analysis, refer to financial news platforms.
