Slide 1: Regulation 30 disclosure cover letter to exchanges
October 24, 2019 IGAUSECT/10-19/09 To To National Stock Exchange of India limited Deportment of Corporate Services Exchange Plaza, C - 1, Block G BSE limited Sandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448 D
Slide 2: Earnings Presentation Q2 FY20
Earnings Presentation Q2 FY20 Jul – Sep 2019 October 24, 2019 1
Slide 3: Safe harbor
Safe harbor This document may contain some statements on the Company’s business or financials which may be construed as forward looking. The actual results may be materially different from these forward looking statements. This document forms part of the quarterly earnings release and should be view
Slide 4: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Sep’19 Sep’18 Change% ASK (billion) 24.2 19.5 24.2% Total income 85,398 65,141 31.1% RASK (INR) 3.42 3.23 5.7% Total expenses 95,716 75,013 27.6% CASK (INR) 3.85 3.74 2.8% CASK ex fuel (INR) 2.56 2.18 17.2% EBITDAR 2,564
Slide 5: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Sep’19 Sep’18 Change% Revenue from operations 81,052 61,853 31.0% Other income 4,346 3,288 32.2% Total income 85,398 65,141 31.1% ASK (billion) 24.2 19.5 24.2% RPK (billion) 20.2 16.4 22.8% Load factor (%) 83.5% 84.5% -0.9 pt
Slide 6: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Sep’19 Sep’18 Change% Aircraft fuel expenses 31,154 30,355 2.6% Aircraft and engine rentals (net) 1,110 8,891 -87.5% Supplementary rentals and aircraft repair and maintenance (net) 15,298 8,123 88.3% Airport fees and charges 7,2
Slide 7: Cash and Debt
Cash and Debt As of Particulars (in INR million) Sep’19 Sep’18 Change% Free Cash 87,063 44,202 97.0% Restricted Cash 100,299 87,462 14.7% Total Cash 187,362 131,664 42.3% Debt excluding lease liability 23,778 26,411 -10.0% Lease liability * 174,640 - - Total Debt * 198,418 26,411 651.3% * With effec
Slide 8: Capacity update
Capacity update • For fiscal year 2020, year over year capacity increase in ASKs is expected to be 25% • For third quarter fiscal year 2020, year over year capacity increase in ASKs is expected to be 22% 7
Slide 9: Appendix
Appendix
Slide 10: Fleet breakup
Fleet breakup 30th Sep, 2019 30th Jun, 2019 30th Sep, 2018 245 235 189 • 29 Owned/Finance • 29 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 216 Operating Lease • 206 Operating Lease • 160 Operating Lease • 89 A320neo • 83 A320neo • 50 A320neo • 129 A320ceo • 129 A320ceo • 127 A320ceo • 6 A3
Slide 11: Definitions and Abbreviations
Definitions and Abbreviations Term Description ASK Available Seat Kilometer CASK Total Cost net of finance income per Available Seat Kilometer CASK ex fuel Total Cost excluding fuel cost net of finance income per Available Seat Kilometer Earnings before finance income and cost, tax, depreciation, am
Slide 12: Thank You
Thank You