Slide 1: Towards new heights and across new frontiers
InterGlobe Aviation Ltd Towards new heights and across new frontiers Earnings Presentation Q1 FY25 July 26, 2024
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: IndiGo – Network presence
IndiGo – Network presence Q1’25 (change vs Q1’24) ASKs 36.3 bn +11.1% RPKs 31.5 bn +8.7% Almaty Closing Aircraft 382^ +66 Tashkent Domestic Destinations 88 +10 Tbilisi Baku Istanbul International Destinations** 33* +7 Chengdu Delhi Kathmandu Guangzhou Kuwait Hong Kong Dammam Bahrain Ras Al Khaimah R
Slide 4: Quarterly Highlights Q1FY25 vs Q1FY24
QUARTERLY HIGHLIGHTS Q1FY25 vs Q1FY24
Slide 5: Financial Summary
Financial Summary Quarter Ended Particulars (in INR million) Favorable / Jun’24 Jun’23 (Adverse) ASK (billion) 36.3 32.7 11.1% Total income 202,489 171,609 18.0% RASK* (INR) 5.40 5.12 5.5% Total expenses 174,449 140,702 (24.0%) CASK* (INR) 4.62 4.17 (10.9%) CASK ex fuel* (INR) 2.86 2.57 (11.1%) EBIT
Slide 6: Revenue breakup
Revenue breakup Quarter Ended Particulars (in INR million) Favorable / Jun’24 Jun’23 (Adverse) Revenue from operations 195,707 166,831 17.3% Other income 6,782 4,778 41.9% Total income 202,489 171,609 18.0% ASK (billion) 36.3 32.7 11.1% RPK (billion) 31.5 29.0 8.7% Load factor (%) 86.7% 88.6% (1.9 p
Slide 7: Cost breakup
Cost breakup Quarter Ended Particulars (in INR million) Favorable / Jun’24 Jun’23 (Adverse) Aircraft fuel expenses 64,165 52,281 (22.7%) Aircraft and engine rentals 6,241 1,946 (220.7%) Supplementary rentals and aircraft repair and maintenance (net) 26,033 24,251 (7.3%) Airport fees and charges 12,8
Slide 8: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Favorable / Jun’24 Jun’23 (Adverse) Free Cash 220,876 156,911 40.8% Restricted Cash 140,130 117,090 19.7% Total Cash 361,006 274,001 31.8% Debt excluding capitalized operating lease liability 75,697 32,057 (136.1%) Capitalized operating lease
Slide 9: Financial performance indicators | Q1’FY25
Financial performance indicators | Q1’FY25 Total revenue (INR mn) Total expenses (INR mn) Q1FY25 202,489 Q1FY25 174,449 Q1FY24 171,609 Q1FY24 140,702 Q1FY23 130,188 Q1FY23 140,831 Q1FY22 31,703 Q1FY22 63,444 EBITDAR (INR mn) PAT (INR mn) Q1FY25 58,111 29.7% Q1FY25 27,288 13.9% Q1FY24 52,108 31.2% Q1
Slide 10: Appendix
APPENDIX
Slide 11: Fleet Breakup
Fleet Breakup 30th Jun, 2024 31st Mar, 2024 30th Jun, 2023 382 367 316 • 31 Owned/Finance Lease • 31 Owned/Finance Lease • 14 Owned/Finance Lease • 333 Operating Lease • 323 Operating Lease • 300 Operating Lease • 18 Damp lease • 13 Damp lease • 2 Damp lease • 196 A320neo • 192 A320neo • 166 A320neo
Slide 12: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Jun’24 Jun’23 Total revenue 202,489 171,609 Less: finance income 6,504 4,360 Total revenue less finance income (A) 195,985 167,249 ASK (millions) (B) 36,315 32,691 RASK (INR) (C=A/B) 5.40 5.12 12
Slide 13: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Jun’24 Jun’23 Total expenses 174,449 140,702 Less: finance income 6,504 4,360 Total expense less finance income (A) 167,945 136,342 ASK (millions) (B) 36,315 32,691 CASK (INR) (C=A/B) 4.62 4.17 Fuel cost/ ASK (INR) (D) 1.77 1.60 CAS
Slide 14: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Jun’24 Jun’23 PBT 28,040 30,907 Finance cost 11,576 9,537 Less: Finance income 6,504 4,360 Depreciation & amortization 18,758 14,078 Aircraft and engine rental 6,241 1,946 EBITDAR (A) 58,111 52,108 Revenue from Operations (B) 195
Slide 15: 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 CASK ex fuel ex forex Total Cost excluding forex and fuel cost
Slide 16: Thank You
THANK YOU