Slide 1: Regulation 30 disclosure cover letter to exchanges
May 18, 2023 IGAL/SECT/05-23/05 To To National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, C - 1, Block G BSE Limited Bandra Kurla Complex Phiroze Jeejeebhoy Towers Bandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448 Re :
Slide 2: Earnings Presentation Q4 FY23 & FY23
Earnings Presentation Q4 FY23 & FY23 May 18, 2023
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: IndiGo – Network presence
IndiGo – Network presence FY23 (Change vs FY22) ASKs 114.4 bn +62.5% RPKs 93.9 bn +81.3% Closing Aircraft 304^ +29 Domestic Destinations 78 +5 International Destinations** 26* +7 Ras Al Khaimah Katmandu Bahrain Dhaka Existing domestic stations Metros International destinations Other International de
Slide 5: Quarterly Highlights Q4FY23 vs Q4FY22 & Yearly Highlights FY23 vs FY22
QUARTERLY HIGHLIGHTS: Q4FY23 vs Q4FY22 & YEARLY HIGHLIGHTS: FY23 vs FY22 4
Slide 6: Financial summary
Financial summary Quarter Ended Year Ended Particulars (in INR million) Favorable / Favorable / Mar’23 Mar’22 Mar’23 Mar’22 (Adverse) (Adverse) ASK (billion) 30.4 20.4 49.2% 114.4 70.4 62.5% Total income 146,001 82,075 77.9% 558,814 266,565 109.6% RASK* (INR) 4.68 3.97 17.9% 4.80 3.73 29.0% Total ex
Slide 7: Revenue breakup
Revenue breakup Quarter Ended Year Ended Particulars (in INR million) Favorable / Favorable / Mar’23 Mar’22 Mar’23 Mar’22 (Adverse) (Adverse) Revenue from operations 141,606 80,207 76.5% 544,465 259,309 110.0% Other income 4,395 1,867 135.4% 14,350 7,256 97.8% Total income 146,001 82,075 77.9% 558,8
Slide 8: Cost breakup
Cost breakup Quarter Ended Year Ended Particulars (in INR million) Favorable / Favorable / Mar’23 Mar’22 Mar’23 Mar’22 (Adverse) (Adverse) Aircraft fuel expenses 56,130 32,206 (74.3%) 236,460 96,952 (143.9%) Aircraft and engine rentals 1,421 673 (111.2%) 3,258 3,117 (4.5%) Supplementary rentals and
Slide 9: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Mar’23 Mar’22 Change% Free Cash 121,948 77,632 57.1% Restricted Cash 112,295 104,644 7.3% Total Cash 234,243 182,275 28.5% Debt excluding capitalized 33,066 52,122 36.6% operating lease liability Capitalized operating lease 415,477 316,656 (31
Slide 10: Key performance indicators – Q4 FY23
Key performance indicators – Q4 FY23 Total revenue (INR mn) Total expenses (INR mn) 146,001 136,803 99,244 98,850 86,346 82,075 75,193 63,618 Q4FY20 Q4FY21 Q4FY22 Q4FY23 Q4FY20 Q4FY21 Q4FY22 Q4FY23 EBITDAR (INR mn) PAT (INR mn) 1.0% 10.4% 2.1% 20.9% (10.5%) (18.4%) (21.0%) 6.5% 9,192 29,665 6,483 (8
Slide 11: Key performance indicators – FY23
Key performance indicators – FY23 Total revenue (INR mn) Total expenses (INR mn) 558,814 561,858 372,915 375,472 328,102 266,565 214,957 156,776 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 EBITDAR (INR mn) PAT (INR mn) (0.7%) (39.7%) (23.8%) (0.6%) 14.2% 4.3% 4.4% 13.4% (2,337) (3,058) 73,116 50,824 6,2
Slide 12: Appendix
APPENDIX 11
Slide 13: Fleet Breakup
Fleet Breakup 31st Mar, 2023 31st Dec, 2022 31st Mar, 2022 304 302 275 • 14 Owned/Finance Lease • 14 Owned/Finance Lease • 14 Owned/ Finance Lease • 289 Operating Lease • 288 Operating Lease • 261 Operating Lease • 1 Damp lease • 162 A320neo • 160 A320neo • 21 A320ceo • 143 A320neo • 23 A320ceo • 79
Slide 14: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Year Ended Particulars (in INR million) Mar’23 Mar’22 Mar’23 Mar’22 Total revenue 146,001 82,075 558,814 266,565 Less: finance income (3,669) (1,201) (9,445) (4,367) Total revenue less finance income (A) 142,333 80,873 549,369 262,199 ASK (millions) (B) 30,422
Slide 15: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Year Ended Particulars (in INR million) Mar’23 Mar’22 Mar’23 Mar’22 Total expenses 136,803 98,850 561,858 328,102 Less: finance income (3,669) (1,201) (9,445) (4,367) Total expense less finance income (A) 133,134 97,648 552,413 323,735 ASK (millions) (B) 30,422
Slide 16: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Year Ended Particulars (in INR million) Mar’23 Mar’22 Mar’23 Mar’22 PBT 9,198 (16,775) (3,044) (61,537) Finance cost 9,182 6,326 31,317 23,580 Less: Finance income (3,669) (1,201) (9,445) (4,367) Depreciation & amortization 13,532 12,695 51,030 50,686 Aircra
Slide 17: 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 Total Cost excluding forex and fuel cost net of finance income
Slide 18: Thank You!
THANK YOU! 17