Slide 1: Earnings Presentation Q3 FY22
Earnings Presentation Q3 FY22 Oct – Dec 2021 Feb 04, 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) Dec’21 Dec’20 Change% ASK (billion) 23.0 15.3 50.3% Total income 94,801 51,428 84.3% RASK* (INR) 4.09 3.27 25.0% Total expenses 93,464 57,659 62.1% CASK* (INR) 4.03 3.68 9.6% CASK ex fuel* (INR) 2.60 2.93 -11.1% EBITDAR
Slide 4: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Dec’21 Dec’20 Change% Revenue from operations 92,948 49,100 89.3% Other income 1,853 2,328 -20.4% Total income 94,801 51,428 84.3% ASK (billion) 23.0 15.3 50.3% RPK (billion) 18.3 11.0 66.4% Load factor (%) 79.7% 72.0% 7.7 pt
Slide 5: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Dec’21 Dec’20 Change% Aircraft fuel expenses 32,693 11,429 186.0% Aircraft and engine rentals (net) 1,273 642 98.1% Supplementary rentals and aircraft repair 18,223 11,523 58.1% and maintenance (net) Airport fees and charges 7,3
Slide 6: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Dec’21 Dec’20 Change% Free Cash 78,141 74,445 5.0% Restricted Cash 95,048 109,207 -13.0% Total Cash 173,189 183,653 -5.7% Debt excluding capitalized 43,889 31,682 38.6% operating lease liability Capitalized operating lease 307,645 245,579 25.3
Slide 7: Appendix
Appendix
Slide 8: Fleet breakup
Fleet breakup 31st Dec, 2021 30th Sep, 2021 31st Dec, 2020 283 279 287 • 14 Owned/Finance • 14 Owned/Finance • 15 Owned/ Finance Lease Lease Lease • 269 Operating Lease • 265 Operating Lease • 272 Operating Lease • 140 A320neo • 130 A320neo • 120 A320neo • 56 A320ceo • 72 A320ceo • 111 A320ceo • 52
Slide 9: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Dec’21 Dec’20 Total revenue 94,801 51,428 Finance income 1,002 1,522 Total revenue less finance income (A) 93,798 49,906 ASK (millions) (B) 22,959 15,271 RASK (INR) (C=A/B) 4.09 3.27 9
Slide 10: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Dec’21 Dec’20 Total expenses 93,464 57,659 Finance income 1,002 1,522 Total expense less finance income (A) 92,462 56,137 ASK (millions) (B) 22,959 15,271 CASK (INR) (C=A/B) 4.03 3.68 Fuel cost/ ASK (INR) (D) 1.42 0.75 CASK ex fuel
Slide 11: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Dec’21 Dec’20 PBT 1,337 -6,231 Finance cost 6,011 5,415 Less: Finance income 1,002 1,522 Depreciation & amortization 12,338 11,567 Aircraft and engine rental 1,273 642 EBITDAR (B) 19,955 9,871 Revenue from Operations (C) 92,948 4
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