Slide 1: Exchange filing cover letter
May 23, 2024 IGAL/SECT/5-24/06 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 Tower Bandra - (E) Dalal Street Mumbai - 400 051 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448 Subjec
Slide 2: Earnings Presentation Q4 FY24 & FY24
Earnings Presentation Q4 FY24 & FY24 May 23, 2024
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 FY24 (change vs FY23) ASKs 139.3 bn +21.8% RPKs 119.7 bn +27.5% Almaty Closing Aircraft 367^ +63 Tashkent Domestic Destinations 88 +10 Tbilisi Baku Istanbul International Destinations** 33* +7 Chengdu Delhi Kathmandu Guangzhou Kuwait Hong Kong Dammam Bahrain Ras Al Khaimah
Slide 5: Quarterly and Yearly Highlights: Q4FY24 and FY24
QUARTERLY HIGHLIGHTS: Q4FY24 vs Q4FY23 & YEARLY HIGHLIGHTS: FY24 vs FY23 4
Slide 6: Financial summary
Financial summary Quarter Ended Year Ended Particulars (in INR million) Favorable / Favorable / Mar’24 Mar’23 Mar’24 Mar’23 (Adverse) (Adverse) ASK (billion) 34.8 30.4 14.4% 139.3 114.4 21.8% Total income 185,051 146,001 26.7% 712,312 558,814 27.5% RASK* (INR) 5.13 4.68 9.7% 4.96 4.80 3.2% Total exp
Slide 7: Revenue breakup
Revenue breakup Quarter Ended Year Ended Particulars (in INR million) Favorable / Favorable / Mar’24 Mar’23 Mar’24 Mar’23 (Adverse) (Adverse) Revenue from operations 178,253 141,606 25.9% 689,043 544,465 26.6% Other income 6,798 4,395 54.7% 23,268 14,350 62.2% Total income 185,051 146,001 26.7% 712,
Slide 8: Cost breakup
Cost breakup Quarter Ended Year Ended Particulars (in INR million) Favorable / Favorable / Mar’24 Mar’23 Mar’24 Mar’23 (Adverse) (Adverse) Aircraft fuel expenses 59,791 56,130 (6.5%) 239,046 236,460 (1.1%) Aircraft and engine rentals 3,860 1,421 (171.6%) 10,752 3,258 (230.0%) Supplementary rentals a
Slide 9: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Favorable Mar’24 Mar’23 / (Adverse) Free Cash 208,230 121,948 70.8% Restricted Cash 139,145 112,295 23.9% Total Cash 347,375 234,243 48.3% Debt excluding capitalized 77,914 33,066 (135.6%) operating lease liability Capitalized operating lease
Slide 10: Key performance indicators | Q4
Key performance indicators | Q4 Total revenue (INR mn) Total expenses (INR mn) Q4FY24 185,051 Q4FY24 167,341 Q4FY23 146,001 Q4FY23 136,803 Q4FY22 82,075 Q4FY22 98,850 Q4FY21 63,618 Q4FY21 75,193 EBITDAR (INR mn) PAT (INR mn) Q4FY24 44,123 24.8% Q4FY24 18,948 10.6% Q4FY23 29,665 20.9% Q4FY23 9,192 6.
Slide 11: Key performance indicators | FY
Key performance indicators | FY Total revenue (INR mn) Total expenses (INR mn) FY24 712,312 FY24 631,819 FY23 558,814 FY23 561,858 FY22 266,565 FY22 328,102 FY21 156,776 FY21 214,957 EBITDAR (INR mn) PAT (INR mn) FY24 175,447 25.5% FY24 81,725 11.9% FY23 73,116 13.4% FY23 (3,058) (0.6%) FY22 11,480
Slide 12: Appendix
APPENDIX 11
Slide 13: Fleet Breakup
Fleet Breakup 31st Mar, 2024 31st Dec, 2023 31st Mar, 2023 367 358 304 • 31 Owned/Finance Lease • 26 Owned/Finance Lease • 14 Owned/Finance Lease • 323 Operating Lease • 319 Operating Lease • 289 Operating Lease • 13 Damp lease • 13 Damp lease • 1 Damp lease • 192 A320neo • 184 A320neo • 162 A320neo
Slide 14: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Year Ended Particulars (in INR million) Mar’24 Mar’23 Mar’23 Mar’23 Total revenue 185,051 146,001 712,312 558,814 Less: finance income (6,470) (3,669) (21,749) (9,445) Total revenue less finance income (A) 178,581 142,333 690,563 549,369 ASK (millions) (B) 34,8
Slide 15: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Year Ended Particulars (in INR million) Mar’24 Mar’23 Mar’24 Mar’23 Total expenses 167,341 136,803 631,819 561,858 Less: finance income (6,470) (3,669) (21,749) (9,445) Total expense less finance income (A) 160,872 133,134 610,070 552,413 ASK (millions) (B) 34,
Slide 16: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Year Ended Particulars (in INR million) Mar’24 Mar’23 Mar’24 Mar’23 PBT 17,710 9,198 80,493 (3,044) Finance cost 10,991 9,182 41,694 31,317 Less: Finance income (6,470) (3,669) (21,749) (9,445) Depreciation & amortization 18,033 13,532 64,257 51,030 Aircraft
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