Slide 1: Earnings Presentation Q1 FY22
Earnings Presentation Q1 FY22 Apr – Jun 2021 July 27, 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) Jun’21 Jun'20 Change% ASK (billion) 11.2 2.1 433.2% Total income 31,703 11,438 177.2% RASK (INR) 2.73 4.19 -35.0% Total expenses 63,444 39,864 59.2% CASK (INR) 5.55 17.70 -68.6% CASK ex fuel (INR) 4.47 17.09 -73.8% EBITD
Slide 4: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Jun’21 Jun'20 Change% Revenue from operations 30,069 7,667 292.2% Other income 1,633 3,771 -56.7% Total income 31,703 11,438 177.2% ASK (billion) 11.2 2.1 433.2% RPK (billion) 6.6 1.3 410.9% Load factor (%) 58.7% 61.3% -2.6 p
Slide 5: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Jun’21 Jun'20 Change% Aircraft fuel expenses 12,159 1,275 853.7% Aircraft and engine rentals (net) 523 757 -31.0% Supplementary rentals and aircraft repair 11,064 7,394 49.6% and maintenance (net) Airport fees and charges 3,719
Slide 6: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Jun’21 Jun'20 Change% Free Cash 56,207 75,276 -25.3% Restricted Cash 114,472 109,222 4.8% Total Cash 170,679 184,498 -7.5% Debt excluding capitalized 57,566 23,737 142.5% operating lease liability Capitalized operating lease 259,335 211,779 22
Slide 7: Appendix
Appendix
Slide 8: Fleet breakup
Fleet breakup 30th Jun, 2021 31st Mar, 2021 30th Jun, 2020 277 285 274 • 15 Owned/Finance • 15 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 262 Operating Lease • 270 Operating Lease • 245 Operating Lease • 122 A320neo • 120 A320neo • 108 A320neo • 85 A320ceo • 100 A320ceo • 123 A320ceo • 41
Slide 9: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Jun’21 Jun’20 Total revenue 31,703 11,438 Finance income 1,110 2,607 Total revenue less finance income (A) 30,593 8,832 ASK (millions) (B) 11,226 2,105 RASK (INR) (C=A/B) 2.73 4.19 9
Slide 10: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Jun’21 Jun’20 Total expenses 63,444 39,864 Finance income 1,110 2,607 Total expense less finance income (A) 62.335 37,257 ASK (millions) (B) 11,226 2,105 CASK (INR) (C=A/B) 5.55 17.70 Fuel cost/ ASK (INR) (D) 1.08 0.61 CASK ex fuel
Slide 11: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Jun’21 Jun’20 PBT -31,742 -28,426 Finance cost 5,555 5,097 Less: Finance income 1,110 2,607 Depreciation & amortization 13,173 10,966 Aircraft and engine rental 523 757 EBITDAR (B) -13,602 -14,212 Revenue from Operations (C) 30,0
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