IndiGo share price surges over 54% in 1 year; what lies ahead? Key details to look at

The stock had touched its 52-week high of ₹3,180.90 per share on Thursday, March 20.

In the last five trading sessions, shares of IndiGo's operator rose 7%, while over a month, the scrip had gained 12.44%. Year-to-date, the stock has advanced 10.37%. Since March 21, 2024, InterGlobe Aviation shares have jumped over 54%.

The airline remains in focus amid increasing air traffic in India.

IndiGo aims to increase its international flight capacity to 40% by FY30 from the current 28% in this financial year. This marks a significant increase from just 14% international capacity share in the financial year 2018.

At present, the airline's capacity as denominated in available seat kilometres (ASKM) is in favour of the domestic market with 72% for FY25. The airline also sees the number of passengers doubling by 2030. IndiGo witnessed 11% growth to 118 million in terms of passengers in FY25.

The budget airline also plans to invest ₹300 crore in the next three to four years. It aims to expand widebody ranges from FY25 and XLRs from FY26 and wants to shift its capacity mix towards international routes with expansion through large airports.

InterGlobe expects early double-digit growth in ASKM capacity and number of passengers in FY26 amid plans of aircraft delivery per week and a reduction in the number of grounded aeroplanes from more than 60 to around 40.

IndiGo also plans to double its aircraft capacity by adding over 600 aircraft by 2030, with aircraft added per week till 2030.

Deliveries of new aircraft will begin from financial year 2026, as informed by IndiGo in its annual report to the investors. The airline plans to launch new routes across Asia and Europe.

For FY26, IndiGo expects early double-digit growth in terms of capacity and passengers. It aims to add 14 new destinations and increase the employee base by adding 3,000 new staff.

Going ahead, the factors that are going to help the airline’s financial sheets are a balanced financing approach to lower overall leasing costs, future financing equally split among operating leases and other sources, unencumbered aircraft and a stronger balance sheet.

Its guidance for revenue per available seat kilometre (fares) moderation in 4QFY25 is likely to pan out better than expected given higher fares during Mahakumbh and an extended wedding season – leading to better 4QFY25 numbers.

Domestic air passenger traffic in India grew by 11.04% in February 2025 on a year-on-year basis, Directorate General of Civil Aviation (DGCA) data showed on Thursday.

“Passengers carried by domestic airlines during February 2025 were 140.44 lakhs as against 126.48 lakhs during the corresponding period of the previous year, thereby registering an annual growth of 11.16% and a monthly growth of 11.04%,” DGCA said in a statement.

According to the report, IndiGo had the highest market share among all the domestic airlines in February. The airline ferried 89.40 lakh passengers during the month to attain a market share of 63.7%.

IndiGo operator InterGlobe Aviation reported an 18.32% decline in its consolidated net profit to ₹2,448.8 crore in the three-month period ended December 2023, compared to ₹2,998.1 crore in the year-ago period.

Revenue from operations rose 13.6% to ₹22,110.7 crore in the third quarter of the financial year 2024-2, against ₹19,452.1 crore a year back.

Earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew 0.7% to ₹5,178.6 crore in the quarter under review as compared to ₹5,143.6 crore in the corresponding period last fiscal. EBITDA margin was at 23.4% versus 26% in Q3 FY24.

The airline said that passengers increased 12.7% year-on-year (YoY) to 31.1 million in the quarter ended December 31. Unit passenger revenue (PRASK) climbed by 0.3% to ₹4.72, according to an exchange filing.