Interglobe Aviation Ltd · NSE:INDIGO

Interglobe Aviation — Q3 FY2024 Earnings Presentation

16 slides from Interglobe Aviation's earnings presentation, Feb 2, 2024

  1. Slide 1: Earnings Presentation Q3 FY24

    Earnings Presentation Q3 FY24 Oct – Dec 2023 February 02, 2024

  2. 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

  3. Slide 3: IndiGo – Network presence

    IndiGo – Network presence Q3 FY24 vs Q3 FY23 ASKs 36.5 bn +26.8% RPKs 31.3 bn +27.8% Almaty Closing Aircraft 358^ +56 Tashkent Domestic Destinations 86 +11 Tbilisi Baku Istanbul International Destinations** 32* +10 Chengdu Delhi Kathmandu Guangzhou Kuwait Hong Kong Dammam Bahrain Ras Al Khaimah Riya

  4. Slide 4: Quarterly Highlights – Q3 FY24 vs Q3 FY23

    QUARTERLY HIGHLIGHTS – Q3 FY24 vs Q3 FY23

  5. Slide 5: Financial summary

    Financial summary Quarter Ended Particulars (in INR million) Favorable / Dec’23 Dec’22 (Adverse) ASK (billion) 36.5 28.8 26.8% Total income 200,623 154,102 30.2% RASK* (INR) 5.34 5.26 1.5% Total expenses 170,637 139,869 (22.0%) CASK* (INR) 4.52 4.77 5.2% CASK ex fuel* (INR) 2.64 2.76 4.2% CASK ex fu

  6. Slide 6: Revenue breakup

    Revenue breakup Quarter Ended Particulars (in INR million) Favorable / Dec’23 Dec’22 (Adverse) Revenue from operations 194,521 149,330 30.3% Other income 6,101 4,772 27.8% Total income 200,623 154,102 30.2% ASK (billion) 36.5 28.8 26.8% RPK (billion) 31.3 24.5 27.8% Load factor (%) 85.8% 85.1% 0.7 p

  7. Slide 7: Cost breakup

    Cost breakup Quarter Ended Particulars (in INR million) Favorable / Dec’23 Dec’22 (Adverse) Aircraft fuel expenses 68,414 57,851 (18.3%) Aircraft and engine rentals 2,991 700 (327.2%) Supplementary rentals and aircraft repair 26,307 19,854 (32.5%) and maintenance (net) Airport fees and charges 12,36

  8. Slide 8: Cash and Debt

    Cash and Debt Quarter Ended Particulars (in INR million) Favorable / Dec’23 Dec’22 (Adverse) Free Cash 191,996 106,125 80.9% Restricted Cash 132,285 113,121 16.9% Total Cash 324,280 219,247 47.9% Debt excluding capitalized 66,310 34,333 (93.1%) operating lease liability Capitalized operating lease l

  9. Slide 9: Key performance indicators | Q3

    Key performance indicators | Q3 Total revenue (INR mn) Total expenses (INR mn) Q3FY24 200,623 Q3FY24 170,637 Q3FY23 154,102 Q3FY23 139,869 Q3FY22 94,801 Q3FY22 93,464 Q3FY21 51,428 Q3FY21 57,659 EBITDAR (INR mn) PAT (INR mn) Q3FY24 54,751 28.1% Q3FY24 29,981 15.4% Q3FY23 33,990 22.8% Q3FY23 14,226 9

  10. Slide 10: Appendix

    APPENDIX

  11. Slide 11: Fleet Breakup

    Fleet Breakup 31st Dec, 2023 30th Sep, 2023 31st Dec, 2022 358 334 302 • 26 Owned/Finance Lease • 16 Owned/Finance Lease • 14 Owned/ Finance Lease • 319 Operating Lease • 316 Operating Lease • 288 Operating Lease • 13 Damp lease • 2 Damp lease • 184 A320neo • 176 A320neo • 160 A320neo • 31 A320ceo •

  12. Slide 12: Non-IndAS measures- RASK

    Non-IndAS measures- RASK Quarter Ended Particulars (in INR million) Dec’23 Dec’22 Total revenue 200,623 154,102 Finance income (5,834) (2,660) Total revenue less finance income (A) 194,789 151,442 ASK (millions) (B) 36,464 28,766 RASK (INR) (C = A / B) 5.34 5.26 12

  13. Slide 13: Non-IndAS measures- CASK

    Non-IndAS measures- CASK Quarter Ended Particulars (in INR million) Dec’23 Dec’22 Total expenses 170,637 139,869 Finance income (5,834) (2,660) Total expense less finance income (A) 164,803 137,209 ASK (millions) (B) 36,464 28,766 CASK (INR) (C = A / B) 4.52 4.77 Fuel cost/ ASK (INR) (D) 1.88 2.01 C

  14. Slide 14: Non-IndAS measures- EBITDAR

    Non-IndAS measures- EBITDAR Quarter Ended Particulars (in INR million) Dec’23 Dec’22 PBT 29,985 14,233 Finance cost 10,952 8,293 Less: Finance income (5,834) (2,660) Depreciation & amortization 16,657 13,424 Aircraft and engine rental 2,991 700 EBITDAR (A) 54,751 33,990 Revenue from Operations (B) 1

  15. 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 Total Cost excluding forex and fuel cost net of finance income

  16. Slide 16: Thank You!

    THANK YOU!

InterGlobe Aviation Limited (IndiGo) — Q3 FY2024 Earnings Presentation on 6ix