Slide 1: Earnings Presentation Q3 FY18
Earnings Presentation Q3 FY18 Oct – Dec 2017 January 24th, 2018 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: Overview
Overview
Slide 4: Key highlights
Key highlights • Profit after tax of INR 7.6 billion with a profit margin of 12.3% for the quarter ended December 2017 • Profitability for the quarter was favorably impacted due to better revenue management as well as credits received from our manufacturers • Started our turboprop operations on 21st
Slide 5: Financial Overview
Financial Overview
Slide 6: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Dec'17 Dec'16 Change% ASK (billion) 16.3 14.4 13.0% Total income 64,498 51,584 25.0% RASK (INR) 3.84 3.48 10.4% Total cost 53,782 45,563 18.0% CASK (INR) 3.18 3.06 3.9% CASK ex fuel (INR) 1.94 1.90 2.2% EBITDAR 20,019 14
Slide 7: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Dec'17 Dec'16 Change% Revenue from operations 61,779 49,865 23.9% Other income 2.719 1,719 58.2% Total income 64,498 51,584 25.0% ASK (billion) 16.3 14.4 13.0% RPK (billion) 14.4 12.6 14.6% Load factor (%) 88.5% 87.3% 1.2 pts
Slide 8: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Dec'17 Dec'16 Change% Aircraft fuel expenses 20,160 16,712 20.6% Aircraft and engine rentals 9,442 8,164 15.7% Purchase of stock in trade 319 347 -8.2% Changes in inventories of stock in trade (13) (19) - Employee benefits 6,137
Slide 9: Cash and Debt
Cash and Debt As of Particulars (in INR million) Dec’17 Dec’16 Change Free Cash 80,978 37,865 113.9% Restricted Cash 57,895 46,685 24.0% Total Cash 138,874 84,550 64.3% Debt 24,326 27,466 -11.4% 9
Slide 10: Capacity update
Capacity update • Fourth quarter fiscal year 2018, year over year capacity increase in ASKs is expected to be 24% 10
Slide 11: Appendix
Appendix
Slide 12: Fleet breakup
Fleet breakup 31st Dec, 2017 30th Sep, 2017 31st Dec, 2016 153 141 126 • 20 Owned/Finance • 17 Owned/Finance • 18 Owned/ Finance Lease Lease Lease • 133 Operating Lease • 124 Operating Lease • 108 Operating Lease • 32 A320neo • 24 A320neo • 14 A320neo • 118 A320ceo • 117 A320ceo • 112 A320ceo • 3 AT
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