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InterGlobe AviationNSE:INDIGO -0.32%87 Gross Margin % is 22.76% as of Mar. 2026, which is 50% above its 10-year median of 15.15. GuruFocus rates NSE:INDIGO with a GF Score™ of 87/100 and a GF Value™ of ₹5,377.57 (Fairly Valued). The stock has 4 warning signs investors should review. Among 982 Transportation companies, InterGlobe Aviation ranks better than 52.75% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
InterGlobe Aviation had a gross margin of 22.76% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
InterGlobe Aviation Gross Margin % Related Terms
InterGlobe Aviation Gross Margin % Historical Data
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The historical data trend for InterGlobe Aviation's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:INDIGO vs DAL, UAL, LUV: Gross Margin % Comparison
For the Airlines subindustry, InterGlobe Aviation's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
InterGlobe Aviation Gross Margin % vs Transportation Industry
For the Transportation industry and Industrials sector, InterGlobe Aviation's Gross Margin % distribution charts can be found below:
* The bar in red indicates where InterGlobe Aviation's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
InterGlobe Aviation (NSE:INDIGO) has a Gross Margin % of 22.76% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on InterGlobe Aviation and its competitors. This is 50% above median its historical median of 15.15. According to the industry distribution chart, InterGlobe Aviation ranks #464 out of 982 companies in the Transportation industry, placing it in the top 47.3%.
Is InterGlobe Aviation's Gross Margin % too high?
InterGlobe Aviation's current Gross Margin % of 22.76% is 50% above median its 10-year median of 15.15. The Transportation industry median Gross Margin % is 20.40. InterGlobe Aviation's value of 22.76% is 11.6% above this industry median. Based on the distribution chart, InterGlobe Aviation ranks #464 out of 982 companies in the Transportation industry, which is above the industry midpoint. Overall, InterGlobe Aviation has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does InterGlobe Aviation's Gross Margin % compare to DAL and UAL?
According to the Transportation industry distribution chart, InterGlobe Aviation ranks #464 out of 982 companies for Gross Margin %. This puts InterGlobe Aviation in the upper half of its industry. The industry median Gross Margin % is 20.40. InterGlobe Aviation's value of 22.76% is 11.6% above this benchmark. While the company's 10-year median is 15.15 vs. the industry median of 20.40, InterGlobe Aviation has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Transportation company?
The median Gross Margin % among Transportation companies is 20.40, based on 982 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. InterGlobe Aviation's current Gross Margin % of 22.76% is 11.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on InterGlobe Aviation and its competitors. For the Transportation industry, the median Gross Margin % is 20.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterGlobe Aviation's current Gross Margin % is 22.76%, which is 50% above median its own 10-year median of 15.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is InterGlobe Aviation stock overvalued right now?
Based on GuruFocus' analysis, InterGlobe Aviation (NSE:INDIGO) is currently considered Fairly Valued. The stock's GF Value™ is ₹5,377.57, compared to a current price of ₹5,248.50 — trading 2.4% below its estimated fair value. The current Gross Margin % is 22.76%, which is 50% above median its 10-year median of 15.15 and 11.6% above the Transportation industry median of 20.40. InterGlobe Aviation's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For InterGlobe Aviation (NSE:INDIGO), the current Gross Margin % is 22.76% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is InterGlobe Aviation (NSE:INDIGO) Overvalued in 2026?
Based on GuruFocus' analysis, InterGlobe Aviation stock appears to be undervalued.
The current stock price of ₹5,248.50 is trading 2.4% below its estimated GF Value™ of ₹5,377.57.
GuruFocus considers InterGlobe Aviation to be Fairly Valued.
Key valuation signals for NSE:INDIGO:
Gross Margin %: 22.76% (50% above median its 10-year median of 15.15)
GF Value™: ₹5,377.57 vs. price of ₹5,248.50 (2.4% below fair value)
Industry Position: 11.6% above the Transportation median (#464 of 982)
No single metric tells the full story. See the NSE:INDIGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
InterGlobe Aviation Ltd is an airline service provider based in India. The company serves as a low-cost carrier through its Indigo brand. The company caters to its customers through an official website and the IndigoGo App, enabling them to book airline tickets and travel packages. The segments of the company are Air transportation services and Other income. The company earns its revenue predominantly through passenger ticket sales of the domestic airline operation.
87GF Score
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