Slide 1: Earnings Presentation Q4 FY20
Earnings Presentation Q4 FY20 Jan – Mar 2020 June 2, 2020 1
Slide 2: 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 3: Financial highlights for the full year
Financial highlights for the full year Full Year Ended Particulars (in INR million) Mar'20 Mar'19 Change% ASK (billion) 96.2 81.0 18.8% Total income 372,915 298,214 25.0% RASK (INR) 3.77 3.57 5.6% Total expenses 375,472 299,687 25.3% CASK (INR) 3.80 3.59 5.8% CASK ex fuel (INR) 2.50 2.11 18.4% EBITD
Slide 4: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Mar'20 Mar'19 Change% ASK (billion) 23.0 22.1 4.1% Total income 86,346 82,597 4.5% RASK (INR) 3.65 3.63 0.5% Total expenses 99,244 76,336 30.0% CASK (INR) 4.21 3.35 25.8% CASK ex fuel (INR) 2.97 2.09 42.1% EBITDAR* 867 2
Slide 5: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Mar'20 Mar'19 Change% Revenue from operations 82,991 78,833 5.3% Other income 3,356 3,764 -10.9% Total income 86,346 82,597 4.5% ASK (billion) 23.0 22.1 4.1% RPK (billion) 19.1 19.0 0.4% Load factor (%) 82.8% 86.0% -3.1 pts Y
Slide 6: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Mar'20 Mar'19 Change% Aircraft fuel expenses 28,604 27,813 2.8% Aircraft and engine rentals (net) 1,226 11,067 -88.9% Supplementary rentals and aircraft repair 16,808 9,570 75.6% and maintenance (net) Airport fees and charges 7,
Slide 7: Cash and Debt
Cash and Debt As of Particulars (in INR million) Mar'20 Mar'19 Change% Free Cash 89,281 60,796 46.9% Restricted Cash 114,488 92,285 24.1% Total Cash 203,769 153,081 33.1% Debt excluding capitalized 24,343 24,292 0.2% operating lease liability Capitalized operating lease 202,849 - - liability * Total
Slide 8: Appendix
Appendix
Slide 9: Fleet breakup
Fleet breakup 31st Mar, 2020 31st Dec, 2019 31st Mar, 2019 262 257 217 • 29 Owned/Finance • 29 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 233 Operating Lease • 228 Operating Lease • 188 Operating Lease • 100 A320neo • 96 A320neo • 71 A320neo • 123 A320ceo • 126 A320ceo • 130 A320ceo • 14
Slide 10: Non-IndAS measures- RASK
Non-IndAS measures- RASK Particulars (in INR million) Q4 FY20 FY20 Total revenue 86,346 372,915 Finance income 2,404 10,084 Total revenue – Finance income (A) 83,942 362,831 ASK (millions) (B) 23,011 96,240 RASK (INR) (C=A/B) 3.65 3.77 10
Slide 11: Non-IndAS measures- CASK
Non-IndAS measures- CASK Particulars (in INR million) Q4 FY20 FY20 Total expenses 99,244 375,472 Finance income 2,404 10,084 Total expense – Finance income (A) 96,840 365,388 ASK (millions) (B) 23,011 96,240 CASK (INR) (C=A/B) 4.21 3.80 Fuel cost/ ASK (INR) (D) 1.24 1.29 CASK ex fuel (INR) (E=C-D) 2
Slide 12: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Particulars (in INR million) Q4 FY20 FY20 PBT -12,898 -2,557 Finance cost 4,877 18,759 Less: Finance income 2,404 10,084 Depreciation & amortization 10,066 39,739 Aircraft and engine rentals 1,226 4,967 EBITDAR (A) 867 50,824 Revenue from Operations (B) 82,991 357,560 EBI
Slide 13: 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 14: Thank You
Thank You