NSEInvestor Presentation2d ago · 29 Oct 2026, 04:06 pm
Investor Presentation
InterGlobe Aviation Limited · INDIGO
✦ AI Summary▲ PositiveResults
InterGlobe Aviation Limited has announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026, with a 24.0% increase in total income and a 120.8% increase in EBITDAR.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
InterGlobe Aviation Limited has informed the Exchange about Investor Presentation
Attachments (1)
📄pdf
Download →
Indigo1_29102026160610_Investor_Presentation_29102026.pdf
View document text
October 29, 2026 IGAL/SECT/10-26/5
To To
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Tower
Bandra Kurla Complex, Bandra - (E), Dalal Street
Mumbai - 400 051 Mumbai - 400 001
Symbol: INDIGO Scrip Code: 539448
Subject: Compliances under Regulation 30 and 33 of SEBI (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (“SEBI Regulations”) – Outcome of the
Board Meeting
Dear Sir/ Madam,
The Board of Directors of the Company, in its meeting held on Thursday, October 29, 2026, inter
alia, considered and approved the unaudited standalone and consolidated financial results
(“Financial Results”) for the quarter and half year ended September 30, 2026.
In this regard, please find enclosed:
i. Unaudited Financial Results along with Limited Review Reports thereon issued by the Statutory
Auditors M/s. S.R. Batliboi & Co. LLP, Chartered Accountants.
ii. Investor presentation and press release.
The Board meeting commenced at 1355 hours (IST) and concluded at 1540 hours (IST).
This disclosure is also being made available on the Company’s website at www.goindigo.in. This is
for your information and record.
Thanking you,
For InterGlobe Aviation Limited
Neerja Sharma
Company Secretary & Chief Compliance Officer
Encl: a/a
InterGlobe Aviation Limited
Registered Office: Upper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi – 110 001, India. M +91 9650098905,
F + 91 11 43513200 Email: corporate@goindigo.in
Corporate Office: Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, MG Road, Gurugram-122002, Haryana, India. T +91 124 435 2500.
CIN no.: L62100DL2004PLC129768
InterGlobe Aviation Ltd.
Earnings Presentation Q2 FY27
October 29, 2026
Safe Harbor
This document may contain some statements on the Company’s business or financials which may
be construed as forward looking. The actual results may be materially different from these forward-
looking statements.
This document forms part of the quarterly earnings release and should be viewed together with the
Earnings Press Release.
Note: This presentation has been prepared based on consolidated financial statements
Amsterdam
IndiGo – Network presence
London
Q2’27 (change vs Q2’26)
ASKs 40.8 bn -1.0%
Almaty
RPKs 32.8 bn -3.7%
Tbilisi Baku Tashkent Closing Aircraft 442^ +25
Istanbul
Domestic Destinations 97 +3
Athens
International Destinations** 42* +1
Delhi Kathmandu
Shanghai
Guangzhou
Kuwait
Hong Kong
Dammam
Bahrain
Sharjah Ras Al Khaimah Dhaka
Riyadh Doha
Fujairah
Madinah Abu Dhabi Dubai Muscat Kolkata
Jeddah
Hanoi
Mumbai
Hyderabad
New destinations added during the quarter
Bangkok
Existing domestic stations Bengaluru
Chennai
Siem Reap
Metros
Ho Chi Minh City
International destinations Jaffna Phuket Krabi
Langkawi
Penang
Colombo
Kuala Lumpur
Maldives
Seychelles Singapore
Nairobi
^Includes 3 A321 freighters and 5 B787 Damp leases
**During Q2’27, provided services to 98 additional international destinations through strategic partnerships
* Includes 7 destinations which were non-operational during the quarter Jakarta
Note: The image is for reference purpose only Réunion Mauritius Denpasar
Fleet Breakup
30th Sep 2026 30th Jun 2026 30th Sep 2025
Closing Fleet 442 432 417
Owned 41 36 14
p Finance Lease 66 60 62
t e Operating lease 330 329 333
F Damp Lease 5 7 8
d A320neo 174 174 180
s A320ceo 26 26 26
L A321neo 186 175 153
d A321 XLR 4 3 -
n ATR 44 44 47
O A321 Freighter 3 3 3
e B787 5 6 2
B737 - - -
A320ceo - - 4
A321neo - 1 -
B777 - - 2
QUARTERLY HIGHLIGHTS : Q2FY27 vs Q2FY26
Financial Summary
Quarter Ended
Particulars (in INR million)
Favorable/
Sep’26 Sep’25
(Adverse)
ASK (billion) 40.8 41.2 (1.0%)
Total income 243,119 195,995 24.0%
RASK* (INR) 5.76 4.55 26.4%
Total expenses 261,884 220,812 (18.6%)
CASK* (INR) 6.22 5.16 (20.6%)
CASK ex fuel* (INR) 3.77 3.71 (1.8%)
EBITDAR 24,599 11,143 120.8%
EBITDAR Margin (%) 10.5% 6.0% 4.5 pts
EBITDAR (ex-forex)# 36,153 38,003 (4.9%)
EBITDAR Margin (ex-forex)# 15.5% 20.5% (5.0 pts)
PBT (18,765) (24,817) 24.4%
PBT Margin (%) (8.0%) (13.4%) 5.3 pts
PAT (18,791) (25,821) 27.2%
PAT Margin (%) (8.0%) (13.9%) 5.9 pts
PAT (ex-forex)# (7,237) 1,039 (796.5%)
PAT Margin (ex-forex)# (3.1%) 0.6% (3.7 pts)
* Net of finance income of INR 8,220 million and INR 8,294 million for quarter ended Sep’26 and Sep’25 respectively
# Net of Forex loss, gain on forex hedging of INR 1,778 million and INR 2,061 million for quarter ended Sep’26 and Sep’25 respectively
Revenue breakup
Quarter Ended
Particulars (in INR million)
Favorable/
Sep’26 Sep’25
(Adverse)
Revenue from operations 233,638 185,553 25.9%
Other income 9,481 10,442 (9.2%)
Total income 243,119 195,995 24.0%
ASK (billion) 40.8 41.2 (1.0%)
RPK (billion) 32.8 34.0 (3.7%)
Load factor (%) 80.3% 82.5% (2.2 pts)
Yield (INR) 6.30 4.69 34.3%
RASK* (INR) 5.76 4.55 26.4%
* Net of finance income of INR 8,220 million and INR 8,294 million for quarter ended Sep’26 and Sep’25 respectively
Note: The above operational metrics includes non-scheduled operations.
Non-Ind AS measures - RASK
Quarter Ended
Particulars (in INR million)
Sep’26 Sep’25
Total revenue 243,119 195,995
Less: finance income 8,220 8,294
Total revenue less finance income (A) 234,899 187,701
ASK (millions) (B) 40,797 41,220
RASK (INR) (C=A/B) 5.76 4.55
Cost breakup
Quarter Ended
Particulars (in INR million) Favorable/
Sep’26 Sep’25
(Adverse)
Supplementary rentals and aircraft repair
35,809 32,630 (9.7%)
and maintenance (net)
Depreciation and amortization expenses 30,742 26,405 (16.4%)
Finance costs 16,578 14,649 (13.2%)
Aircraft and engine rentals (net) 4,264 3,200 (33.3%)
Airport fees and charges 16,582 15,155 (9.4%)
Employee costs 22,737 20,448 (11.2%)
Consumption of stock in trade 1,470 1,127 (30.4%)
Other expenses 20,702 18,659 (10.9%)
Total expenses (excl fuel & forex) 148,884 132,273 (12.6%)
Aircraft fuel expenses 99,668 59,618 (67.2%)
Foreign exchange (gain)/ loss (net) 13,332 28,921 53.9%
Total expenses 261,884 220,812 (18.6%)
CASK* (INR) 6.22 5.16 (20.6%)
CASK ex fuel* (INR) 3.77 3.71 (1.8%)
CASK ex fuel ex forex* (INR) 3.45 3.01 (14.6%)
Average Exchange Rate (USD/INR) 95.09 87.06 (9.2%)
Closing Exchange Rate (USD/INR) 95.85 88.79 (8.0%)
* Net of finance income of INR 8,220 million and INR 8,294 million for quarter ended Sep’26 and Sep’25 respectively
Non-Ind AS measures - CASK
Quarter Ended
Particulars (in INR million)
Sep’26 Sep’25
Total expenses 261,884 220,812
Less: finance income 8,220 8,294
Total expense less finance income (A) 253,664 212,518
ASK (millions) (B) 40,797 41,220
CASK (INR) (C=A/B) 6.22 5.16
Fuel cost/ ASK (INR) (D) 2.44 1.45
CASK ex fuel (INR) (E=C-D) 3.77 3.71
Forex cost/ ASK (INR) (F) 0.33 0.70
CASK ex fuel ex forex (INR) (G=E-F) 3.45 3.01
Non-Ind AS measures - EBITDAR
Quarter Ended
Particulars (in INR million)
Sep’26 Sep’25
PBT (18,765) (24,817)
Finance cost 16,578 14,649
Less: Finance income 8,220 8,294
Depreciation & amortization 30,742 26,405
Aircraft and engine rentals 4,264 3,200
EBITDAR (A) 24,599 11,143
Forex* 11,554 26,860
EBITDAR ex-forex (B) 36,153 38,003
Revenue from Operations (C) 233,638 185,553
EBITDAR Margin (D=A/C) 10.5% 6.0%
EBITDAR Margin ex-Forex (E=B/C) 15.5% 20.5%
* including gain on forex hedging of INR 1,778 million and INR 2,061 million for quarter ended Sep’26 and Sep’25 respectively
Cash and Debt
Cash Debt
(INR mn) (INR mn)
535,152 526,854 873,031
(1.6%) (16.7%)
748,138
149,985 127,564
321,439
(14.9%)
(27.7%)
251,624
385,167 399,290
+3.7% 551,592
496,514
(11.1%)
Sep-25 Sep-26 Sep-25 Sep-26
Free Cash Restricted Cash Total Cash Capitalized operating Debt excluding capitalized Total Debt
lease liability operating lease liability
Financial performance indicators – Q2 FY27
Total revenue (INR mn) Total expenses (INR mn)
261,884
243,119 220,812
186,661
195,995
177,590 153,138
155,029
Q2FY24 Q2FY25 Q2FY26 Q2FY27 Q2FY24 Q2FY25 Q2FY26 Q2FY27
EBITDAR (INR mn) PAT (INR mn)
24,465 24,340 24,599 1,889
11,143
(9,867)
(18,791)
(25,821)
Q2FY24 Q2FY25 Q2F
[Showing first 8,000 characters — download PDF for full document]