Interglobe Aviation Key Ratios

The dramatic shift to a 129.642% ROE in 2025 indicates a successful transformation from previous years of negative profits, primarily driven by positive PAT margins rising from -23.76% to 8.98%.Despite improvements in PAT margins and asset turnover, the leverage ratio's sharp rise to 18.1169 in 2025 significantly enhances ROE, suggesting increased reliance on debt to finance growth.The combination of improving profitability and high leverage suggests a highly bullish outlook for investors, provided the company can maintain profitability without overextending its debt.

Inventory Days decreased consistently from over 5 days to around 3 days, indicating improved inventory management and lower holding costs.Receivable Days trends show efficiency dropping slightly in 2025 but overall remain low, suggesting effective credit policies and cash collection processes.The Cash Conversion Cycle remains negative, improving from -7360.83 to -3486.07, signaling effective working capital management despite extreme payable days.

ROE soared to 129.642% in 2025, driven by substantial profitability compared to prior years' losses, while ROCE jumped from negative territory to positive, indicating efficient capital utilization.ROA improvement from -13.15% to 7.15% signals that assets are being utilized effectively post-recovery, albeit lower than ROE due to the significant impact of financial leverage.Given positive PAT margins and capital efficiency, the strong returns are predominantly powered by equity efficiency rather than reliance on debt.