Interglobe Aviation Ltd · NSE:INDIGO
Interglobe Aviation — Q1 FY21 Earnings Presentation
14 slides from Interglobe Aviation's earnings presentation, Jul 29, 2020
Slide 1: Exchange disclosure cover letter under Regulation 30
July 29, 2020 To National Stock Exchange of India Limited Exchange Plaza, C - 1, Block G Bandra Kurla Complex Bandra - (€) Mumbai - 400 051 Symbol: INDIGO Dear Sir, Sub: Disclosure under Regulation 30 of the SE€BI (Listing Obligations and IGAUSECT/O7-20/08 To Department of Corporate Services BSE Lim
Slide 2: Earnings Presentation Q1 FY21
Earnings Presentation Q1 FY21 Apr – Jun 2020 July 29, 2020 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) Jun'20 Jun'19 Change% ASK (billion) 2.1 23.3 -90.9% Total income 11,438 97,869 -88.3% RASK (INR) 4.19 4.10 2.2% Total expenses 39,864 82,775 -51.8% CASK (INR) 17.69 3.45 412.3% CASK ex fuel (INR) 17.09 2.11 711.7% EBITDA
Slide 5: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Jun'20 Jun'19 Change% Revenue from operations 7,667 94,201 -91.9% Other income 3,771 3,669 2.8% Total income 11,438 97,869 -88.3% ASK (billion) 2.1 23.3 -90.9% RPK (billion) 1.3 20.7 -93.8% Load factor (%) 61.3% 88.9% -27.6 p
Slide 6: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Jun'20 Jun'19 Change% Aircraft fuel expenses 1,275 31,361 -95.9% Aircraft and engine rentals (net) 757 1,288 -41.2% Supplementary rentals and aircraft repair 7,394 10,235 -27.8% and maintenance (net) Airport fees and charges 1,2
Slide 7: Cash and Debt
Cash and Debt As of Particulars (in INR million) Jun'20 Jun'19 Change% Free Cash 75,276 76,968 -2.2% Restricted Cash 109,222 96,402 13.3% Total Cash 184,498 173,371 6.4% Debt excluding capitalized 23,737 23,608 0.5% operating lease liability Capitalized operating lease 211,779 160,701 31.8% liabilit
Slide 8: Appendix
Appendix
Slide 9: Fleet breakup
Fleet breakup 30th Jun, 2020 31st Mar, 2020 30th Jun, 2019 274 262 235 • 29 Owned/Finance • 29 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 245 Operating Lease • 233 Operating Lease • 206 Operating Lease • 108 A320neo • 100 A320neo • 83 A320neo • 123 A320ceo • 123 A320ceo • 129 A320ceo • 18
Slide 10: Non-IndAS measures- RASK
Non-IndAS measures- RASK Particulars (in INR million) Q1 FY21 Q1 FY20 Total revenue 11,438 97,869 Finance income 2,607 2,448 Total revenue – Finance income (A) 8,832 95,421 ASK (millions) (B) 2,106 23,261 RASK (INR) (C=A/B) 4.19 4.10 9
Slide 11: Non-IndAS measures- CASK
Non-IndAS measures- CASK Particulars (in INR million) Q1 FY21 Q1 FY20 Total expenses 39,864 82,775 Finance income 2,607 2,448 Total expense – Finance income (A) 37,257 80,327 ASK (millions) (B) 2,106 23,261 CASK (INR) (C=A/B) 17.69 3.45 Fuel cost/ ASK (INR) (D) 0.61 1.35 CASK ex fuel (INR) (E=C-D) 1
Slide 12: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Particulars (in INR million) Q1 FY21 Q1 FY20 PBT -28,426 15,094 Finance cost 5,097 4,842 Less: Finance income 2,607 2,448 Depreciation & amortization 10,966 9,009 Aircraft and engine rentals 757 1,288 EBITDAR (A) -14,212 27,785 Revenue from Operations (B) 7,667 94,201 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