Slide 1: Regulation 30 disclosure cover letter to exchanges
June 05, 2021 IGAL/SECT/06-21/03 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 Dea
Slide 2: Earnings Presentation Q4 FY21
Earnings Presentation Q4 FY21 Jan – Mar 2021 June 5, 2021 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 vie
Slide 4: Financial highlights for the full year
Financial highlights for the full year Full Year Ended Particulars (in INR million) Mar’21 Mar’20 Change% ASK (billion) 45.4 96.3 -52.8% Total income 156,776 372,915 -58.0% RASK (INR) 3.30 3.77 -12.4% Total expenses 214,957 375,472 -42.8% CASK (INR) 4.58 3.80 20.7% CASK ex fuel (INR) 3.74 2.50 49.4%
Slide 5: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Mar’21 Mar'20 Change% ASK (billion) 19.2 23.0 -16.7% Total income 63,618 86,346 -26.3% RASK (INR) 3.26 3.65 -10.6% Total expenses 75,193 99,244 -24.2% CASK (INR) 3.86 4.21 -8.2% CASK ex fuel (INR) 2.87 2.96 -3.3% EBITDAR
Slide 6: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Mar’21 Mar'20 Change% Revenue from operations 62,229 82,991 -25.0% Other income 1,389 3,356 -58.6% Total income 63,618 86,346 -26.3% ASK (billion) 19.2 23.0 -16.7% RPK (billion) 13.5 19.1 -29.4% Load factor (%) 70.2% 82.9% -1
Slide 7: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Mar’21 Mar'20 Change% Aircraft fuel expenses 19,145 28,604 -33.1% Aircraft and engine rentals (net) 662 1,226 -46.0% Supplementary rentals and aircraft repair 14,575 16,808 -13.3% and maintenance (net) Airport fees and charges 6
Slide 8: Cash and Debt
Cash and Debt Quarter Ended Particulars (in INR million) Mar’21 Mar'20 Change% Free Cash 70,997 89,281 -20.5% Restricted Cash 114,688 114,488 0.2% Total Cash 185,685 203,769 -8.9% Debt excluding capitalized 41,210 24,343 69.3% operating lease liability Capitalized operating lease 257,387 202,849 26.
Slide 9: Appendix
Appendix
Slide 10: Fleet breakup
Fleet breakup 31st Mar, 2021 31st Dec, 2020 31st Mar, 2020 285 287 262 • 15 Owned/Finance • 15 Owned/Finance • 29 Owned/ Finance Lease Lease Lease • 270 Operating Lease • 272 Operating Lease • 233 Operating Lease • 120 A320neo • 120 A320neo • 100 A320neo • 100 A320ceo • 111 A320ceo • 123 A320ceo • 3
Slide 11: Non-IndAS measures- RASK
Non-IndAS measures- RASK Year Ended Particulars (in INR million) Mar’21 Mar’20 Total revenue 156,776 372,915 Finance income 6,812 10,084 Total revenue less finance income (A) 149,964 362,831 ASK (millions) (B) 45,425 96,260 RASK (INR) (C=A/B) 3.30 3.77 10
Slide 12: Non-IndAS measures- RASK
Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Mar’21 Mar’20 Total revenue 63,618 86,346 Finance income 1,083 2,404 Total revenue less finance income (A) 62,535 83,942 ASK (millions) (B) 19,181 23,021 RASK (INR) (C=A/B) 3.26 3.65 11
Slide 13: Non-IndAS measures- CASK
Non-IndAS measures- CASK Year Ended Particulars (in INR million) Mar’21 Mar’20 Total expenses 214,957 375,472 Finance income 6,812 10,084 Total expense less finance income (A) 208,145 365,388 ASK (millions) (B) 45,425 96,260 CASK (INR) (C=A/B) 4.58 3.80 Fuel cost/ ASK (INR) (D) 0.84 1.29 CASK ex fue
Slide 14: Non-IndAS measures- CASK
Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Mar’21 Mar’20 Total expenses 75,193 99,244 Finance income 1,083 2,404 Total expense less finance income (A) 74,110 96,840 ASK (millions) (B) 19,181 23,021 CASK (INR) (C=A/B) 3.86 4.21 Fuel cost/ ASK (INR) (D) 1.00 1.24 CASK ex fuel
Slide 15: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Year Ended Particulars (in INR million) Mar’21 Mar’20 PBT -58,181 -2,557 Finance cost 21,420 18,759 Less: Finance income 6,812 10,084 Depreciation & amortization 46,994 39,739 Aircraft and engine rentals 2,805 4,967 EBITDAR (A) 6,227 50,824 Revenue from Operations (B) 146
Slide 16: Non-IndAS measures- EBITDAR
Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Mar’21 Mar’20 PBT -11,575 -12,898 Finance cost 5,282 4,877 Less: Finance income 1,083 2,404 Depreciation & amortization 13,196 10,066 Aircraft and engine rentals 662 1,226 EBITDAR (A) 6,483 867 Revenue from Operations (B) 62,229
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 Earnings before finance income and cost, tax, depreciation, am
Slide 18: Thank You
Thank You