InterGlobe Aviation stock gets a Nomura INR 6,000 target

Published on 10/07/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

InterGlobe Aviation stock reported INR 256 billion in Q1 fiscal 2027 revenue despite a INR 2.4 billion loss. The NSE quote was INR 5,016.40 on October 7, 2026.

InterGlobe, INE646L01027, Illustration mit AI erstellt.

InterGlobe Aviation (ISIN INE646L01027) was trading at INR 5,016.40 on the NSE on October 7, 2026 at 12:56 p.m. IST, down 0.68 percent from INR 5,050.50. The latest analyst catalyst came on October 5, when Nomura initiated coverage with a Buy rating and an INR 6,000 price target.

Nomura sees a 6,000 target

According to CNBC TV18 on October 5, Nomura expects InterGlobe Aviation revenue to grow at a 16 percent compound annual rate between fiscal 2026 and fiscal 2029, while EBITDA could grow at 38 percent. The INR 6,000 target lies 19.6 percent above the October 7 NSE price.

The brokerage also pointed to an orderbook pipeline of more than 900 aircraft. That fleet pipeline supports international expansion, but the same assessment identifies fuel prices as the main swing factor for the airline.

Fuel costs test the recovery

InterGlobe Aviation's Q1 fiscal 2027 revenue reached INR 256 billion, up 19 percent year over year, while the company swung to a net loss of INR 2.4 billion from a INR 21.8 billion profit in the year-earlier period, according to Investing.com. Fuel costs rose 80 percent year over year in the earnings summary, while passenger revenue per available seat kilometer increased 19 percent.

The figures create a clear investor tension: revenue growth is accelerating, but higher operating costs are absorbing the benefit. The Q2 outlook cited by Investing.com calls for flat capacity growth and PRASK growth above 25 percent.

Consensus remains above the quote

The published consensus on Investing.com is Buy from 25 analysts. Its average 12-month target is INR 5,611.32, with a high estimate of INR 6,580 and a low estimate of INR 4,050; the average target is 11.9 percent above the October 7 NSE price.

For investors, the next test is whether pricing power can offset fuel inflation. InterGlobe Aviation's market value was INR 1.9 trillion on October 7, 2026, giving the stock a large valuation base even as the latest quarter showed a sharp earnings reversal.

Stock remains below yearly high

InterGlobe Aviation was last at INR 5,016.40 on the NSE on October 7, 2026 at 12:56 p.m. IST, with volume of 1,128,191 shares. The price stood 19.5 percent below the 52-week high of INR 6,232.50 and above the 52-week low of INR 3,895.20.