Kannur International Airport Unlisted Share Price Today
ISIN INE02Y401013.
Kannur International Airport (KIAL) is an airport infrastructure company in India, the fourth international airport in Kerala. The company is engaged in the development, operation, and management of airport infrastructure, catering to passenger traffic, cargo movement, and aviation-related services. Its revenue mix includes aeronautical services (landing, parking, passenger fees), non-aeronautical income (retail, duty-free, advertising), and cargo operations, with a growing focus on internati…
Kannur International Airport
Kannur International Airport Unlisted Share Price Today
About Company
Kannur International Airport (KIAL) is an airport infrastructure company in India, the fourth international airport in Kerala. The company is engaged in the development, operation, and management of airport infrastructure, catering to passenger traffic, cargo movement, and aviation-related services. Its revenue mix includes aeronautical services (landing, parking, passenger fees), non-aeronautical income (retail, duty-free, advertising), and cargo operations, with a growing focus on international traffic, particularly from Gulf destinations.
KIAL follows an asset-heavy, Public-Private Partnership (PPP) model, with significant investment in infrastructure spread across ~2,300 acres. The company’s performance is closely linked to passenger traffic growth, international connectivity, airline capacity, and non-aero monetisation, making operating leverage and asset utilisation critical for profitability. The airport primarily caters to NRI traffic, tourism, and regional business demand, with strong dependence on Middle East routes.
Commissioned in December 2018, Kannur Airport serves as a key gateway to North Kerala and nearby regions like Coorg and Mysore, supporting both domestic and international connectivity.
Over the last 5 years, PAT margins remained negative at -49.1% in FY25, indicating continued profitability pressure despite revenue growth.
Revenue from operations grew 92.4% YoY in FY25, reflecting sharp traffic recovery and improving demand post earlier decline.
EBIT margin improved to 12.9% in FY25 after multiple years of losses, highlighting early signs of operational turnaround but inconsistent performance.
