InterGlobe Aviation (NSE:INDIGO) ROCE %: -3.55% (As of Mar. 2026)

What is InterGlobe Aviation ROCE %?

InterGlobe Aviation NSE:INDIGO +0.57% 83 ROCE % is -3.55% as of Mar. 2026. GuruFocus rates NSE:INDIGO with a GF Score™ of 83/100 and a GF Value™ of ₹5,334.17 (Fairly Valued). The stock has 5 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. InterGlobe Aviation's annualized ROCE % for the quarter that ended in Mar. 2026 was -3.55%.

InterGlobe Aviation (NSE:INDIGO) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

InterGlobe Aviation ROCE % Related Terms

InterGlobe Aviation ROCE % Historical Data

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The historical data trend for InterGlobe Aviation's ROCE % 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.

InterGlobe Aviation ROCE % Chart

InterGlobe Aviation Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

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-15.92

9.57

28.17

19.05

4.38

InterGlobe Aviation Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															22.27	18.16	-4.60	9.53	-3.55

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InterGlobe Aviation Ltd NSE:INDIGO

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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InterGlobe Aviation ROCE % Calculation

InterGlobe Aviation's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	39303	/	( ( (1158435 - 342178)	+	(1360021 - 382710) )	/ 2 )
	=	39303	/	( (816257	+	977311)	/ 2 )
	=	39303	/	896784
	=	4.38 %

InterGlobe Aviation's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-34684	/	( ( (0 - 0)	+	(1360021 - 382710) )	/ 1 )
	=	-34684	/	( ( 0	+	977311 )	/ 1 )
	=	-34684	/	977311
	=	-3.55 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -3.55% mean?

InterGlobe Aviation (NSE:INDIGO) has a ROCE % of -3.55% as of Mar. 2026.

Is InterGlobe Aviation's ROCE % too high?

InterGlobe Aviation's current ROCE % is -3.55%. Overall, InterGlobe Aviation has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does InterGlobe Aviation's ROCE % compare to DAL and UAL?

InterGlobe Aviation's ROCE % of -3.55% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for a Transportation company?

The median ROCE % among Transportation companies is 7.73, based on 988 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. InterGlobe Aviation's current ROCE % is -3.55%. 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 ₹5,334.17, compared to a current price of ₹5,399.00 — trading 1.2% above its estimated fair value. The current ROCE % is -3.55%. InterGlobe Aviation's overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For InterGlobe Aviation (NSE:INDIGO), the current ROCE % is -3.55% 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 overvalued. The current stock price of ₹5,399.00 is trading 1.2% above its estimated GF Value™ of ₹5,334.17. GuruFocus considers InterGlobe Aviation to be Fairly Valued.

Key valuation signals for NSE:INDIGO:

ROCE %: -3.55%
GF Value™: ₹5,334.17 vs. price of ₹5,399.00 (1.2% above fair value)
GF Score™: 83/100 with 5 warning signs

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 Business Description

Industry Industrials Transportation

Comparable Companies BOM:544224 BOM:500285 NSE:FLYSBS DAL UAL DUB:RYA LSE:IAG LUV SGX:C6L SHSE:601111 XSGO:LTM XTER:LHA SHSE:600029 SHSE:600115 AAL ASX:QAN IST:THYAO HKSE:00293 SHSE:600221 TSE:9202

Other Exchanges 539448:India

Address Gurgaon Road, MG Road, Third floor, Emaar Capital Tower-II, Sector-26, Sikanderpur Ghosi, Gurugram, HR, IND, 122 002

Website https://www.goindigo.in

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.

83GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5,399.00

Price

₹5,334.17

GF Value

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