📊 Flight Manifest – FY25 Financial Highlights
| Metric | FY25 | YoY Change |
|---|---|---|
| Revenue | ₹82,075 Cr | ✈️ +29% |
| Net Profit | ₹9,193 Cr | 💥 -73% |
| Passengers | 100 Mn+ | 😮💨 +6% |
| Market Share | 63.8% | 📱 More than Airtel in 2005 |
| Number of Aircraft | 437 | 🛬 Added more planes than Kingfisher had dreams |
🎭 The Airline That Flies and Also Cries
IndiGo had a textbook FY25. Except the textbook was written by an overworked cabin crew member in turbulence.
They carried over 100 million passengers, opened 54 international routes, and introduced freighters because your Amazon parcels also want window seats now.
But… net profit fell 73% YoY. Why?
Because they were flying high on fuel prices and grounded planes. ✈️⛽🚨
📉 The Great Profit Emergency Landing
Here’s how each quarter of FY25 felt:
🧨 Q1: “We good!” — ₹2,729 Cr profit
💔 Q2: “Abort mission!” — ₹986 Cr loss
🛠️ Q3: “Fixing it, Captain!” — ₹2,448 Cr profit
💸 Q4: “Profit hai, par zyada mat sochna” — ₹2,300 Cr profit
So yes, profitable? Yes.
Stable? Only as much as in-flight Wi-Fi.
✈️ Load Factor: More Squeeze Than Mumbai Locals
| Quarter | Load Factor |
|---|---|
| Q1 | 86.7% |
| Q2 | 84.9% |
| Q3 | 86.9% |
| Q4 | 87.5% |
Translation: If you had a middle seat, you were squished with someone’s elbow in your face. Classic.
🛬 IndiGo’s “Low-Cost” Expansion
What they added:
- 33 new planes on damp lease (yes, that’s an actual term)
- 3 A321 freighters (because Biryani needs wings)
- 54 international routes (so your NRI cousin can now also complain about legroom)
Fun fact: They now fly to 37 international destinations. That’s more than your startup’s users.
🧠 Investor Gyaan You Didn’t Ask For
“IndiGo is India’s unofficial national carrier. You’ve either flown it, or cried while trying to get a refund.”
— EduInvesting analyst while on hold with customer support
💥 Stock Performance: Fasten Seatbelts
| Indicator | Value |
|---|---|
| CMP (May 2025) | ₹5,140 |
| 52-Week High | ₹5,199.50 |
| FII Holding | 25.11% |
| Q4 Movement | +12% MoM |
Even FIIs said, “YOLO” and boarded the IndiGo rocket. And you were worried about the middle seat charge?
🤔 So Should You Buy the Stock?
🟢 Reasons to Buy:
- Massive scale + operational efficiency
- #1 player in India’s fastest-growing airline market
- New freighter revenue = B2B growth potential
- If Tata is making Air India elegant, IndiGo is making it efficient
🔴 Reasons to Sell:
- Fuel cost volatility = profit goes poof
- No frills = No loyalty = Price war risk
- FY25 profit yo-yo = investor anxiety
- Their in-flight food still costs more than your FD interest
🧾 EduInvesting Verdict:
“IndiGo is like your workhorse friend — gets stuff done, makes a lot of noise, but forgets to charge their phone (or profit margins).”
📉 Short-term turbulence.
📈 Long-term runway.
