INDIGO Share Price Target 2024, 2025, 2030, 2040, 2050

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IndiGo is India’s biggest passenger airline and low-cost carrier. As the aviation industry recovers and grows post-pandemic, IndiGo prospects and share price ambitions intrigue investors.

https://www.goindigo.in

This article analyses the share price in 2024, 2025, 2030, 2040, and 2050 projections based on market trends, financial performance, and industry forecasts.

What is InterGlobe Aviation Ltd (NSE: INDIGO)?

InterGlobe Aviation Ltd., branded IndiGo, is a Gurugram-based low-cost airline. Founded in 2006, IndiGo is India’s biggest airline by passengers and fleet. Over 1,600 daily flights serve 98 destinations, including 74 domestic and 24 overseas routes. it prides itself on timeliness, low rates, and modern planes.

Fundamental Table

MetricValue
Market Cap₹1.87T
P/E Ratio23.91
EPS (TTM)₹201.99
ROE71.82%
Debt to Equity1.59
Current Ratio0.87
Dividend Yield
Book Value per Share₹280.94

Peers and Comparison Table

CompanyMarket Cap (₹)P/E RatioROE (%)
IndiGo1.87T23.9171.82
SpiceJet33.02B
Jet Airways36.82B
Air India*
Go First*

*Note: Air India and Go First are not publicly listed companies.

Key Metrics Table

MetricIndiGoIndustry Average
Revenue Growth (YoY)17.31%12.5%
EBITDA Margin25.28%18.7%
Net Profit Margin13.94%8.2%
Debt to EBITDA1.232.1
Load Factor84.2%79.5%
On Time Performance87.1%82.3%

INDIGO Share Price Target Tomorrow

Price TypeTarget PriceChange
Maximum₹4,900.00+₹41.82
Minimum₹4,800.00– ₹58.18

INDIGO Share Price Target 2024

IndiGo will thrive in 2024 as the aviation industry recovers from the epidemic. The airline’s low-cost approach and concentration on local and international route expansion should boost revenue. Rising air travel demand and market share gains from faltering rivals may also benefit IndiGo.

In 2024, we expect IndiGo’s share price to be between ₹2,800 and ₹5,500.

YearMinimum Price (₹)Maximum Price (₹)
20242,8005,500
MonthMinimum Price (₹)Maximum Price (₹)
January28003300
February30003300
March30003500
April33004000
May38004400
June40004600
July42004600
August41004900
September46005000
October46005,350
November48005,400
December48005,500

INDIGO Share Price Target 2025

IndiGo is predicted to strengthen its Indian aviation industry leadership by 2025. The airline expansion, prospective introduction of wide-body aircraft for long-haul routes, and operational efficiency will certainly boost growth. Foreign travel returning to pre-pandemic levels may also benefit IndiGo.

In 2025, we expect IndiGo’s share price to reach between ₹4,500 and ₹6,500.

YearMinimum Price (₹)Maximum Price (₹)
20254,5006,500
MonthMinimum Price (₹)Maximum Price (₹)
January4,5005,600
February4,8005,700
March5,2005,800
April5,8005,900
May5,9006,000
June6,0006,100
July6,1006,200
August6,2006,300
September6,3006,400
October6,4006,500
November6,4506,550
December6,5006,600

Share Price Target 2030

IndiGo is well-positioned to benefit from India’s booming air travel industry and possible worldwide expansion in 2030. The airline’s strong brand, efficient operations, and prospective aircraft efficiency technical advances may promote long-term development. India burgeoning middle class and air travel preference are projected to fuel growth.

By 2030, we expect IndiGo share price to reach between ₹9,000 and ₹11,000.

YearMinimum Price (₹)Maximum Price (₹)
20309,00011,000
MonthMinimum Price (₹)Maximum Price (₹)
January9,0009,200
February9,2009,400
March9,4009,600
April9,6009,800
May9,80010,000
June10,00010,200
July10,20010,400
August10,40010,600
September10,60010,800
October10,80011,000
November10,90011,100
December11,00011,200

Share Price Target 2050

Predicting share values over 30 years out is risky. If IndiGo maintains its market leadership and responds to industry developments, we anticipate tremendous growth by 2050. long-term worth depends on air travel technology disruptions, India economic development, and global aviation industry dynamics.

We estimate IndiGo share price might reach ₹25,000 to ₹35,000 by 2050, depending on market circumstances and determinants.

YearMinimum Price (₹)Maximum Price (₹)
205025,00035,000
MonthMinimum Price (₹)Maximum Price (₹)
January25,00026,000
February26,00027,000
March27,00028,000
April28,00029,000
May29,00030,000
June30,00031,000
July31,00032,000
August32,00033,000
September33,00034,000
October34,00035,000
November34,50035,500
December35,00036,000

Should I buy INDIGO stock?

YearMinimum Price (₹)Maximum Price (₹)
20242,8005,500
20254,5006,500
20309,00011,000
204015,00020,000
205025,00035,000

IndiGo stock investing demands careful analysis of upsides and downsides. The corporation leads the domestic market with a 62% market share as of August 2024 and operates well. IndiGo cost management, route development, and fleet upgrade position it for growth.

However, investors should also consider industry-specific risks such as fuel price volatility, regulatory changes, and competition. The recent pandemic shows the aviation business is cyclical and vulnerable to economic downturns and external shocks.

Investors should consider their risk tolerance, investment horizon, and portfolio plan before making a decision. Before making a decision, do your homework and talk to a financial professional.

InterGlobe Aviation Ltd Earning Results

Due to increasing fuel prices and exchange losses, IndiGo net profit fell, but its operational metrics and balance sheet improved.

MetricQ1 FY24Q1 FY23YoY 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 crore11.71%
EPS₹70.51₹79.9411.80%

Expert Forecasts on the Future of InterGlobe Aviation Ltd

  1. IndiGo market dominance and efficient operations make experts confident about its long-term future.
  2. According to experts, it may expand its foreign lines to include long-haul destinations using wide-body aircraft.
  3. Analysts say cost reductions and yield management may boost margins.
  4. Industry observers say it may gain market share from faltering rivals as the Indian aviation business consolidates.
  5. Long-term estimates imply that IndiGo might become a worldwide low-cost airline operating in Asia and beyond.

Is INDIGO stock good to buy? (Bull case & Bear case)

Bull Case:

  • Market leader with a 62% share in the rising Indian aviation market
  • High brand awareness and consumer loyalty
  • Low-cost, efficient strategy with industry-leading profits
  • Large worldwide growth potential
  • Strong liquidity and balance sheet

Bear Case:

  • Fuel price and currency volatility vulnerability
  • Indian price-sensitive market competitiveness is fierce.
  • Potential aviation policy changes and regulatory hazards
  • Aviation cyclicality
  • Impact of future pandemics or global recessions

Conclusion

IndiGo has become a leading Indian aviation company by adapting to difficult circumstances. The company’s solid foundation, efficient operations, and expansion strategy equip it for success. However, like any aviation investment, IndiGo stock is vulnerable to industry volatility, competitive challenges, and external reasons.

IndiGo stock investors should measure long-term development against dangers in the airline sector. This article’s forecasts are based on current trends and past performance, but the stock market is unpredictable so outcomes may vary.

As usual, diversify your investment portfolio and contact a financial counselor before making significant investments.

FAQs

As of August 2024, IndiGo had 62% of the Indian domestic aviation market.

IndiGo does not pay dividends since it reinvests money for growth.

IndiGo stock has fluctuated over the previous five years due to the COVID-19 epidemic, fuel price variations, and market circumstances. However, it has typically increased due to company expansion and market leadership.

Major hazards include fuel price volatility, currency fluctuations, regulatory changes, severe rivalry, and aviation sector cyclicity.

IndiGo is sometimes compared to Southwest Airlines and Ryanair in terms of operational efficiency and market domination in its native market. However, IndiGo worldwide footprint is lesser than comparable major low-cost airlines.

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