COMPANY INTELLIGENCE PROFILE
InterGlobe Aviation Limited
India's largest airline, operating under the IndiGo (6E) brand with ~64% domestic market share and a 440+ aircraft fleet.
InterGlobe Aviation Limited operates India's largest airline, IndiGo, with approximately 64% domestic market share and a fleet of over 440 aircraft. The company follows a low-cost carrier model and provides scheduled domestic and international flights, along with ground handling and terminal maintenance services. Financially, it reported a total revenue of ₹80,803 crore and a net profit of ₹7,258 crore for the fiscal year ending March 2025.
AI-generated, may contain errors.
Business Overview
- InterGlobe Aviation Limited operates India's largest passenger airline under the IndiGo brand, carrier code 6E, a low-cost carrier model offering scheduled domestic and international air transport, ground handling, and terminal maintenance operations.
- It holds roughly 64% domestic market share with a fleet of 440+ aircraft, Airbus A320 family, ATR turboprops, and widebody A321XLR/leased widebodies for international expansion.
- Founded by Rahul Bhatia, InterGlobe Enterprises, and Rakesh Gangwal.
Sector & Classification
Air transport / passenger airline services (NIC 62100 per CIN prefix relates to legacy classification; primary activity: scheduled passenger air transport)
Directors & Key Management
Directors — source notes
Rahul Bhatia (DIN 00090860) - Managing Director; Vikram Singh Mehta (DIN 00041197) - Independent Director/Chairperson; Pallavi Shardul Shroff (DIN 00013580) - Independent Director; Birender Singh Dhanoa (DIN 08851613) - Independent Director; Michael Gordon Whitaker (DIN 02846728) - Independent Director; Meleveetil Damodaran (DIN 02106990) - Non-Executive Director; Anil Parashar (DIN 00055377) - Non-Executive Director; Gregg Albert Saretsky (DIN 08787780) - Non-Executive Director; Amitabh Kant (DIN 00222708) - Non-Executive Director. KMP: Gaurav Manoher Negi (CFO); Neerja Sharma (Company Secretary). [Source: TheCompanyCheck + Falconebiz, both agree on DINs]
GST Registrations
Primary GSTIN: 07AABCI2726B1Z4 (Delhi, home state; registered under GST 01/07/2017, status Active). PAN: AABCI2726B. Registered across ~42 states/UTs. Other confirmed registrations include 06AABCI2726B1Z6 (Haryana), 27AABCI2726B1Z2 (Maharashtra), 18AABCI2726B1Z1 (Assam), 19AABCI2726B1ZZ (West Bengal), 36AABCI2726B1Z3 (Telangana), plus a second Delhi registration 07AABCI2726B2Z3. [Source: KnowYourGST, MastersIndia]
Financials
InterGlobe Aviation Limited reported FY2025 total revenue of ₹80,803 crore with an operating profit of ₹18,102 crore, reflecting a 22% margin. Net profit stood at ₹7,258 crore. The company had borrowings of ₹66,810 crore and a market cap of ₹2,02,229 crore.
AI-generated, may contain errors.
| FY2025, year ended 31 March 2025, CONSOLIDATED [Source: Screener.in]: Total Revenue ₹80,803 crore | |
| Operating Profit/EBITDA | ₹18,102 crore, ~22% operating margin |
| Net Profit (PAT) | ₹7,258 crore |
| Net Worth/Reserves | ₹8,982 crore |
| Total Borrowings | ₹66,810 crore, predominantly aircraft lease liabilities under Ind AS 116. |
| Market cap | ~₹2,02,229 crore (as of mid-2026). |
| Note | Tofler reported directional FY2025 figures, net profit declined ~11% YoY, EBITDA +10.5% YoY, which are consistent in direction |
| Exact figures sourced from Screener. | |
Funding History
- Publicly listed company
- Primary equity raise via IPO listed 10 November 2015, approx ₹3,018 crore. Subsequently funded through internal accruals, QIP, and aircraft sale-and-leaseback financing. No venture/PE funding rounds (not a startup). [Source: general filings/market data]
Loans & Charges
- Not obtained in detail, Falconebiz gated behind paywall. As a listed airline the company carries substantial secured borrowings/lease liabilities, ~₹66,810 crore total borrowings FY2025
- Specific registered charge particulars not retrieved from an open source.
Credit Ratings
- CRISIL (06 March 2026): Long-term 'CRISIL AA-/Positive', Short-term 'CRISIL A1+', total rated facilities ₹9,000 crore
- Removed from Rating Watch with Developing Implications and reaffirmed.
- ICRA (18 March 2026): Long-term bank facilities placed on 'Watch with Negative Implications', short-term reaffirmed at '[ICRA]A1+', citing geopolitical/fuel/FX pressures.
- Note the two agencies diverge on outlook due to timing. [Source: CRISIL rating rationale, ICRA/Business Standard]
Legal & Compliance
- Not fully obtained. As a major airline, InterGlobe Aviation appears in numerous matters, consumer disputes, DGCA/regulatory, tax, and commercial litigation, on Indian Kanoon
- A specific case-level review was not completed in this pass. Marked partial — no single material case verified here.
Competitive Landscape
- Air India, Tata Group, incl. merged Vistara — large full-service, #2 domestic
- Akasa Air, SNV Aviation — small/growing LCC
- SpiceJet, mid-size LCC, financially stressed
- Air India Express, LCC arm of Tata
- Alliance Air (regional)
- , historically Go First / GoAir — grounded/insolvent. IndiGo is the clear market leader by a wide margin.
Frequently Asked Questions
What does InterGlobe Aviation Limited do?
InterGlobe Aviation Limited operates India's largest passenger airline under the IndiGo brand, offering scheduled domestic and international air transport services with a fleet of over 440 aircraft.
What is the CIN of InterGlobe Aviation Limited?
The CIN of InterGlobe Aviation Limited is L62100DL2004PLC129768.
What is the GSTIN for InterGlobe Aviation Limited?
The primary GSTIN for InterGlobe Aviation Limited is 07AABCI2726B1Z4, registered in Delhi.
When was InterGlobe Aviation Limited incorporated?
InterGlobe Aviation Limited was incorporated in 2004.
What is the registered office address of InterGlobe Aviation Limited?
The registered office address of InterGlobe Aviation Limited is Upper Ground Floor, Thapar House, Gate No. 2, Western Wing, 124 Janpath, New Delhi 110001.
Sources
TheCompanyCheck (identity, directors), Tofler (identity, capital), Falconebiz (directors/DINs, capital, contact), Screener.in (FY2025 consolidated financials, shareholding, market cap), KnowYourGST + MastersIndia (GSTINs, PAN), CRISIL rating rationale (06 Mar 2026), ICRA/Business Standard (rating watch), Business Standard/Skift (Gangwal stake exit).
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.