Slide 1: Earnings Presentation Q2 FY22
Earnings Presentation Q2 FY22 Jul – Sep 2021 Oct 28, 2021 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 quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Sep’21 Sep'20 Change% ASK (billion) 15.8 8.9 78.3% Total income 57,987 30,292 91.4% RASK (INR) 3.60 3.24 11.3% Total expenses 72,344 42,241 71.3% CASK (INR) 4.51 4.58 -1.6% CASK ex fuel (INR) 3.25 3.85 -15.7% EBITDAR 3,4
Slide 4: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Sep’21 Sep'20 Change% Revenue from operations 56,085 27,410 104.6% Other income 1,902 2,882 -34.0% Total income 57,987 30,292 91.4% ASK (billion) 15.8 8.9 78.3% RPK (billion) 11.2 5.8 94.9% Load factor (%) 71.1% 65.1% 6.1 pts
Slide 5: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Sep’21 Sep'20 Change% Aircraft fuel expenses 19,894 6,464 207.8% Aircraft and engine rentals (net) 649 743 -12.7% Supplementary rentals and aircraft repair 14,620 8,422 73.6% and maintenance (net) Airport fees and charges 5,194
Slide 6: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Sep’21 Sep'20 Change% Free Cash 63,516 69,734 -8.9% Restricted Cash 102,023 109,584 -6.9% Total Cash 165,539 179,318 -7.7% Debt excluding capitalized 47,727 24,875 91.9% operating lease liability Capitalized operating lease 275,626 229,319 20.
Slide 7: Appendix
Appendix
Slide 8: Fleet breakup
Fleet breakup 30th Sep, 2021 30th Jun, 2021 30th Sep, 2020 279 277 282 • 14 Owned/Finance • 15 Owned/Finance • 22 Owned/ Finance Lease Lease Lease • 265 Operating Lease • 262 Operating Lease • 260 Operating Lease • 130 A320neo • 122 A320neo • 116 A320neo • 72 A320ceo • 85 A320ceo • 117 A320ceo • 44
Slide 9: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Sep’21 Sep’20 Total revenue 57,987 30,292 Finance income 1,053 1,600 Total revenue less finance income (A) 56,934 28,692 ASK (millions) (B) 15,813 8,868 RASK (INR) (C=A/B) 3.60 3.24 9
Slide 10: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Sep’21 Sep’20 Total expenses 72,344 42,241 Finance income 1,053 1,600 Total expense less finance income (A) 71,291 40,640 ASK (millions) (B) 15,813 8,868 CASK (INR) (C=A/B) 4.51 4.58 Fuel cost/ ASK (INR) (D) 1.26 0.73 CASK ex fuel (
Slide 11: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Sep’21 Sep’20 PBT -14,357 -11,949 Finance cost 5,688 5,625 Less: Finance income 1,053 1,600 Depreciation & amortization 12,481 11,266 Aircraft and engine rental 649 743 EBITDAR (B) 3,408 4,085 Revenue from Operations (C) 56,085 2
Slide 12: 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 Load Factor Revenue Passenger Kilometer / Available Seat Kilom
Slide 13: Thank You
Thank You