Interglobe Aviation Ltd · NSE:INDIGO
Interglobe Aviation — Q1 FY24 Earnings Presentation
17 slides from Interglobe Aviation's earnings presentation, Aug 2, 2023
Slide 1: Regulation 30 disclosure cover letter to stock exchanges
August 2, 2023 IGAL/SECT/08-23/05 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 Q1 FY24
Earnings Presentation Q1 FY24 Apr – Jun 2023 August 02, 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 Q1 FY 24 (vs Q1 FY23) ASKs 32.7 bn +18.8% RPKs 29.0 bn +32.3% Closing Aircraft 316^ +35 Domestic Destinations 78 +5 International Destinations** 26* +6 Ras Al Khaimah Katmandu Bahrain Dhaka Existing domestic stations Metros International destinations Other International des
Slide 5: Quarterly Highlights – Q1FY24 vs Q1FY23
QUARTERLY HIGHLIGHTS – Q1FY24 vs Q1FY23 4
Slide 6: Financial summary
Financial summary Quarter Ended Particulars (in INR million) Favorable / Jun’23 Jun’22 (Adverse) ASK (billion) 32.7 27.5 18.8% Total income 171,609 130,188 31.8% RASK* (INR) 5.12 4.69 9.0% Total expenses 140,701 140,831 0.1% CASK* (INR) 4.17 5.08 17.9% CASK ex fuel* (INR) 2.57 2.90 11.4% EBITDAR 52,
Slide 7: Revenue breakup
Revenue breakup Quarter Ended Particulars (in INR million) Favorable / Jun’23 Jun’22 (Adverse) Revenue from operations 166,831 128,553 29.8% Other income 4,778 1,635 192.2% Total income 171,609 130,188 31.8% ASK (billion) 32.7 27.5 18.8% RPK (billion) 29.0 21.9 32.3% Load factor (%) 88.6% 79.6% 9.0
Slide 8: Cost breakup
Cost breakup Quarter Ended Particulars (in INR million) Favorable / Jun’23 Jun’22 (Adverse) Aircraft fuel expenses 52,281 59,901 12.7% Aircraft and engine rentals (net) 1,946 653 (198.1%) Supplementary rentals and aircraft repair 24,251 18,853 (28.6%) and maintenance (net) Airport fees and charges 1
Slide 9: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Favorable / Jun’23 Jun’22 (Adverse) Free Cash 156,911 83,037 89.0% Restricted Cash 117,090 107,657 8.8% Total Cash 274,000 190,694 43.7% Debt excluding capitalized 32,057 48,036 33.3% operating lease liability Capitalized operating lease liabi
Slide 10: Key performance indicators – Q1 FY24
Key performance indicators – Q1 FY24 Total revenue (INR mn) Total expenses (INR mn) Q1FY24 171,609 Q1FY24 140,701 Q1FY23 130,188 Q1FY23 140,831 Q1FY22 31,703 Q1FY22 63,444 Q1FY21 11,438 Q1FY21 39,864 EBITDAR (INR mn) PAT (INR mn) Q1FY24 52,109 31.2% Q1FY24 30,906 18.5% Q1FY23 7,169 5.6% Q1FY23 (10,6
Slide 11: Appendix
APPENDIX 10
Slide 12: Fleet Breakup
Fleet Breakup 30th Jun, 2023 31st Mar, 2023 30th Jun, 2022 316 304 281 • 14 Owned/Finance Lease • 14 Owned/Finance Lease • 14 Owned/ Finance Lease • 300 Operating Lease • 289 Operating Lease • 267 Operating Lease • 2 Damp lease • 1 Damp lease • 166 A320neo • 162 A320neo • 146 A320neo • 20 A320ceo •
Slide 13: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Jun’23 Jun’22 Total revenue 171,609 130,188 Finance income 4,360 1,105 Total revenue less finance income (A) 167,249 129,083 ASK (millions) (B) 32,691 27,507 RASK (INR) (C=A/B) 5.12 4.69 12
Slide 14: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Jun’23 Jun’22 Total expenses 140,701 140,831 Finance income 4,360 1,105 Total expense less finance income (A) 136,342 139,726 ASK (millions) (B) 32,691 27,507 CASK (INR) (C=A/B) 4.17 5.08 Fuel cost/ ASK (INR) (D) 1.60 2.18 CASK ex f
Slide 15: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Jun’23 Jun’22 PBT 30,907 (10,642) Finance cost 9,537 6,566 Less: Finance income 4,360 1,105 Depreciation & amortization 14,078 11,698 Aircraft and engine rental 1,946 653 EBITDAR (A) 52,109 7,169 Revenue from Operations (B) 166,8
Slide 16: 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 17: Thank You!
THANK YOU! 16