Slide 1: Regulation 30 disclosure letter to NSE and BSE
October 29, 2020 IGAVSECT/10-20/09 To To National Stock Exchange of India limited Department of Corporate Services Exchange Plaza, C - l , 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
Slide 2: Earnings Presentation Q2 FY21
Earnings Presentation Q2 FY21 Jul – Sep 2020 Oct 29, 2020 1
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: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Sep'20 Sep'19 Change% ASK (billion) 8.9 24.2 -63.3% Total income 30,292 85,398 -64.5% RASK (INR) 3.24 3.42 -5.4% Total expenses 42,241 95,716 -55.9% CASK (INR) 4.58 3.85 19.2% CASK ex fuel (INR) 3.85 2.56 50.7% EBITDAR 4
Slide 5: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Sep'20 Sep'19 Change% Revenue from operations 27,410 81,052 -66.2% Other income 2,882 4,346 -33.7% Total income 30,292 85,398 -64.5% ASK (billion) 8.9 24.2 -63.3% RPK (billion) 5.8 20.2 -71.4% Load factor (%) 65.1% 83.5% -18.
Slide 6: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Sep'20 Sep'19 Change% Aircraft fuel expenses 6,464 31,154 -79.3% Aircraft and engine rentals (net) 743 1,110 -33.1% Supplementary rentals and aircraft repair 8,422 15,298 -44.9% and maintenance (net) Airport fees and charges 3,1
Slide 7: Cash and Debt
Cash and Debt As of Particulars (in INR million) Sep'20 Sep'19 Change% Free Cash 69,734 87,063 -19.9% Restricted Cash 109,584 100,299 9.3% Total Cash 179,318 187,362 -4.3% Debt excluding capitalized 24,875 23,778 4.6% operating lease liability Capitalized operating lease 229,319 174,640 31.3% liabil
Slide 8: Appendix
Appendix
Slide 9: Fleet breakup
Fleet breakup 30th Sep, 2020 30th Jun, 2020 30th Sep, 2019 282 274 245 r • 22 Owned/Finance • 29 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 260 Operating Lease • 245 Operating Lease • 216 Operating Lease • • • r 116 A320neo 108 A320neo 89 A320neo • 117 A320ceo • 123 A320ceo • 129 A320ceo
Slide 10: Non-IndAS measures- RASK
Non-IndAS measures- RASK Particulars (in INR million) Q2 FY21 Q2 FY20 Total revenue 30,292 85,398 Finance income 1,600 2,749 Total revenue – Finance income (A) 28,692 82,649 ASK (millions) (B) 8,868 24,176 RASK (INR) (C=A/B) 3.24 3.42 9
Slide 11: Non-IndAS measures- CASK
Non-IndAS measures- CASK Particulars (in INR million) Q2 FY21 Q2 FY20 Total expenses 42,241 95,716 Finance income 1,600 2,749 Total expense – Finance income (A) 40,640 92,967 ASK (millions) (B) 8,868 24,176 CASK (INR) (C=A/B) 4.58 3.85 Fuel cost/ ASK (INR) (D) 0.73 1.29 CASK ex fuel (INR) (E=C-D) 3.
Slide 12: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Particulars (in INR million) Q2 FY21 Q2 FY20 PBT -11,949 -10,318 Finance cost 5,625 4,235 Less: Finance income 1,600 2,749 Depreciation & amortization 11,266 10,287 Aircraft and engine rentals 743 1,110 EBITDAR (A) 4,085 2,564 Revenue from Operations (B) 27,410 81,052 EBI
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