Free Download Report On Indigo Airlines Limited
Introduction of Indigo Airlines
InterGlobe Aviation (IndiGo) is the operator of India’s largest passenger airline with a market share of 53% as of October 2021. The company operates its flights under the IndiGo brand. IndiGo initially operates in India’s domestic air travel market as a low-priced aircraft carrier. It has a fleet of 160 aircraft including 32 new generations A320 NEOs and 5 ATRs. IndiGo currently operates flights connecting 95 destinations with 71 domestic destinations and 24 International.
History of Indigo Airlines
IndiGo was originally incorporated in Lucknow as InterGlobe Aviation Private Limited, under the Companies Act, 1956 on January 13 2004 with the Registrar of Companies Uttar Pradesh and Uttaranchal at Kanpur. In concordance with a special resolution of the shareholders of the Company on June 30, 2006, the Company was converted into a public company and the name of the Company was changed to ‘InterGlobe Aviation Limited’ following to which a fresh certificate of incorporation was issued by the Registrar of Companies National Capital Territory of Delhi and Haryana on 11 August 2006. In June 2005 InterGlobe Aviation placed a milestone order of 100 A320 aircraft with Airbus. In July 2006 IndiGo took delivery of its first aircraft. During the month of August 2006, the company launched domestic operations. During the month of September 2011, IndiGo launched its international operations. Also during the same month, it became the largest domestic airlines carrier in India by market cap. On September 15 2016 IndiGo and Travelport, a leading travel commerce platform announced a strategic partnership that will see IndiGo distribute all of its fares and subsidiary products to Travelport-connected customers worldwide.
Why should we buy IndiGo stocks?
The company has shown good revenue growth of 24.38% for the past 3 years.
The company has fundamentally decreased its debt by 1,743.53 Cr.
The company has been preserving a healthy ROCE of 23.11% during the last few years
The company has an effective Cash Conversion Cycle of -10.93 days.
The company has the highest promoter holding of 74.86%.
The company has a sound degree of Operating leverage, Average Operating leverage stands at 3.13.
We Ample investment adviser recommend to buy InterGlobe Aviation (IndiGo) Limited . As an investor, the most difficult aspect of investing in equity markets is getting the right timing to invest in. Investing in a quality business will enable you to sleep peacefully over long periods of time one of the best-stock-to-buy-today
Promoters held 74.78 % stake in the company as of December 2021, while FIIs held 18.57 %, DIIs 38.18% and public and others 1.59 %.
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