Slide 1: Cover letter to BSE: Investor Presentation
SpiceJet Limited 319 Udyog Vihar, Phase-IV, Gurugram 122016, Haryana, India. Tel: + 91 124 3913939 Fax: + 91 124 3913844 June 14, 2025 Department of Corporate Services, BSE Limited, Phiroz Jeejeebhoy Towers, Dalal Street, Mumbai – 400001 Reference: Scrip Code: 500285 and Scrip ID: SPICEJET Subject:
Slide 2: Investor Presentation Q4 FY25 & Year Ended March 25
Investor Presentation Q4 FY 25 & Year Ended March 25 1
Slide 3: Disclaimer
Disclaimer Information contained in our presentation is intended solely for your personal reference. Such information is subject to change without prior notice, and it may not contain all material information concerning the Company. We assume no responsibility or liability for, the accuracy or compl
Slide 4: Our Red Hot Routes
9.,, os Spicefet Pt lt Seg OUR RED HOT ROUTES AHMEDABAD (AMD) i _ BAGDOGRA (1XB) AMRITSAR (ATO) ! JAMMU (1XJ) BANGKOK (BKK) LEH COKE) BENGALURU (BLR) J MUMBAI (BOM) KOZHIKODECCCH) KOLKATA (CCU) KOCHI (Cok) DARBHANGA (DBR) DEHRADUN (DED) DELHI (DEL) DHARAMSHALA (DHM) DUBAI (DXB) GORAKHPUR (GOP) TUTIC
Slide 5: Access to Key Domestic and International Routes
Access to Key Domestic and International Routes Exclusive routes under RCS 03 Key International Destinations with Capped Seats Our Traffic Rights % of Total Weekly Destination (Weekly Seats) Seats Dubai 14,297 22% Jeddah 5,481 11% Bangkok 6615 17% Interline agreement with Emirates More such agreemen
Slide 6: Fleet Breakup
Fleet Breakup 5
Slide 7: Total Fleet Breakup
Total Fleet Breakup As on 31st Mar’25 Aircraft Model Owned Dry Lease Wet Lease 61 Boeing NGs 3 17 0 Freighter 0 3 0 • 22 Owned Q400 19 5 0 • 32 Dry Lease Boeing Max 0 7 0 Wet Lease 0 0 7 • 07 Wet Lease Total 22 32 7 6
Slide 8: Total Fleet Breakup
Total Fleet Breakup No. of Aircraft (Quarter Ended) Fleet Type Mar 25 Dec 24 Total Operational Total Operational Boeing 737-700 5 2 5 3 Boeing 737-700F 3 0 3 0 Boeing 737-800 12 9 12 8 Boeing 737-900 3 1 3 1 Boeing 737-MAX 7 1 7 0 Q400 24 5 24 7 Wet Lease 7 7 9 9 Total 61 25 63 28 7
Slide 9: Quarterly Highlights Q4FY25 vs Q3FY25
Quarterly Highlights Q4FY25 vs Q3FY25 8
Slide 10: Executive Summary (Q4FY25 vs Q3FY25)
Executive Summary (Q4FY25 vs Q3FY25) Quarter Ended Particulars Change (%) Mar 25 Dec 24 ASKM (million) 2,557 2,497 2.4% Total income 19,416 16,507 17.6% Total Expenses 16,230 16,244 -0.1% EBITDAR 6,899 3,775 82.8% EBITDA 5,262 2,097 150.9% PAT 3,189 263 1112.6% PAT (Ex-Forex) 3,112 1,319 135.9% Amt.
Slide 11: Executive Summary (Q4FY25 vs Q3FY25)
Executive Summary (Q4FY25 vs Q3FY25) Quarter Ended Change (%) Particulars RASK/CASK** Mar 25 RASK/CASK Dec 24 RASK/CASK ASKM (million) 2,557 - 2,497 - - Total income 19,416 7.59 16,507 6.61 14.86% Revenue from operations 14,464 5.66 12,311 4.93 14.73% Other income 4,952 1.94 4,196 1.68 15.25% Total
Slide 12: Revenue Breakup (Q4FY25 vs Q3FY25)
Revenue Breakup (Q4FY25 vs Q3FY25) Quarter Ended Particulars Change (%) Mar 25 Dec 24 ASKM (million) 2,557 2,497 2.40% Revenue Details Revenue from operations 14,464 12,311 17.49% Other income 4,952 4,196 18.02% Total 19,416 16,507 17.64% Key Performance Indices Load factor (RPKM/ASKM) 88% 87% 1.15%
Slide 13: Expense Breakup (Q4FY25 vs Q3FY25)
Expense Breakup (Q4FY25 vs Q3FY25) Amt. in INR million Quarter Ended Particulars Change (%) Mar 25 Dec 24 ASKM (million) 2,557 2,497 2.40% Aviation turbine fuel 4,947 4,700 5.26% Aircraft lease rentals 1,637 1,678 -2.44% Airport charges 1,340 1,346 -0.45% Aircraft maintenance costs 1727 1,714 0.77%
Slide 14: Quarterly Highlights Q4FY25 vs Q4FY24
Quarterly Highlights Q4FY25 vs Q4FY24 13
Slide 15: Executive Summary (Q4FY25 vs Q4FY24)
Executive Summary (Q4FY25 vs Q4FY24) Quarter Ended Particulars Change (%) Mar 25 Mar 24 ASKM (million) 2,557 3,610 -29.17% Total income 19,416 23,544 -17.52% Total Expenses 16,230 22,348 -27.37% EBITDAR 6,899 6,169 11.85% EBITDA 5,262 3,866 36.13% PAT 3,189 1,196 166.69% PAT (Ex-Forex) 3,112 1,371 1
Slide 16: Executive Summary (Q4FY25 vs Q4FY24)
Executive Summary (Q4FY25 vs Q4FY24) Quarter Ended Change (%) Particulars RASK/CASK** Mar 25 RASK/CASK Mar 24 RASK/CASK ASKM (million) 2,557 - 3,610 - - Total income 19,416 7.59 23,544 6.52 16.43% Revenue from operations 14,464 5.66 17,194 4.76 18.76% Other income 4,952 1.94 6,350 1.76 10.10% Total
Slide 17: Revenue Breakup (Q4FY25 vs Q4FY24)
Revenue Breakup (Q4FY25 vs Q4FY24) Quarter Ended Particulars Change (%) Mar 25 Mar 24 ASKM (million) 2,557 3,610 -29.17% Revenue Details Revenue from operations 14,464 17,194 -15.88% Other income 4,952 6,350 -22.01% Total 19,416 23,544 -17.52% Key Performance Indices Load factor (RPKM/ASKM) 88% 92%
Slide 18: Expense Breakup (Q4FY25 vs Q4FY24)
Expense Breakup (Q4FY25 vs Q4FY24) Amt. in INR million Quarter Ended Particulars Change (%) Mar 25 Mar 24 ASKM (million) 2,557 3,610 -29.17% Aviation turbine fuel 4,947 7,459 -33.68% Aircraft lease rentals 1,637 2,303 -28.92% Airport charges 1,340 1,921 -30.24% Aircraft maintenance costs 1727 1,742
Slide 19: Yearly Highlights
Yearly Highlights For the Year Ended – Mar-25 vs Mar-24 18
Slide 20: Executive Summary (Year Ended Mar-25 vs Mar-24)
Executive Summary (Year Ended – Mar-25 vs Mar-24) Year Ended Particulars Change (%) Mar 25 Mar 24 ASKM (million) 10,210 14,061 -27.39% Total income 67,362 84,970 -20.72% Total Expenses 66,884 89,012 -24.86% EBITDAR 16,354 14,149 15.59% EBITDA 9,234 7,767 18.89% PAT 481 -4,042 NA PAT (Ex-Forex) 1,635
Slide 21: Executive Summary (Year Ended Mar-25 vs Mar-24)
Executive Summary (Year Ended – Mar-25 vs Mar-24) Year Ended Change (%) Particulars RASK/CASK** Mar 25 RASK/CASK Mar 24 RASK/CASK ASKM (million) 10,210 - 14,061 - - Total income 67,362 6.60 84,970 6.04 9.18% Revenue from operations 52,840 5.18 70,500 5.01 3.22% Other income 14,522 1.42 14,470 1.03 3
Slide 22: Revenue Breakup (Year Ended Mar-25 vs Mar-24)
Revenue Breakup (Year Ended – Mar-25 vs Mar-24) Year ended Particulars Change (%) Mar 25 Mar 24 ASKM (million) 10,210 14,061 -27.39% Revenue Details Revenue from operations 52,840 70,500 -25.05% Other income 14,522 14,470 0.36% Total 67,362 84,970 -20.72% Key Performance Indices Load factor (RPKM/AS
Slide 23: Expense Breakup (Year Ended Mar-25 vs Mar-24)
Expense Breakup (Year Ended – Mar-25 vs Mar-24) Amt. in INR million Year ended Particulars Change (%) Mar 25 Mar 24 ASKM (million) 10,210 14,061 -27.39% Aviation turbine fuel 20,516 29,826 -31.21% Aircraft lease rentals 7,120 6,382 11.57% Airport charges 5,434 6,996 -22.32% Aircraft maintenance cost
Slide 24: Key Metrics
Key Metrics 23
Slide 25: Key DGCA Metrics (past 6 months ending Mar 25)
Key DGCA Metrics (past 6 months ending Mar 25) Passenger Load Factor (PLF %) Cancellations (%) 95 3 2.85 91.2 2.5 90 87.9 87.4 87.1 1.91 2 1.81 84.8 1.42 85 1.5 1.32 81 1.09 1 80 0.5 75 0 Oct Nov Dec Jan Feb Mar Oct Nov Dec Jan Feb Mar Passenger Market Share % (Pax Carried) On Time Performance (OTP
Slide 26: Cash Balance
Cash Balance Quarter Ended Particulars Mar 25 Dec 24 Mar 24 Free Cash 6,104 6,563 234 Restricted Cash 984 820 2,563 Total Cash Balance 7,088 7,383 2,797 Amt. in INR million 25
Slide 27: Operational & Strategic Milestones
Operational & Strategic Milestones 26
Slide 28: Operational & Strategic Milestones
Operational & Strategic Milestones 1 As of March 2025, SpiceJet's net worth stood at ₹683 crore. Promoter group completed equity infusion of INR 500 crore, including the final tranche of INR 294.09 crore in the 2 current quarter 3 Partnered with StandardAero Inc. & Carlyle Aviation to fast-track eng
Slide 29: Operational & Strategic Milestones
Operational & Strategic Milestones 5 SpiceJet successfully renewed its IATA Operational Safety Audit (IOSA) certification, a globally recognized benchmark for operational safety 6 Secured mandate from Government of India for Haj operations from Srinagar, Guwahati, Gaya, and Kolkata 7 Launched 24 new
Slide 30: Fleet Target - End of 2025
Fleet Target - End of 2025 Aircraft Model Number of Aircraft Boeing 737 NGs (DL) 16 Boeing 737 NGs (WL) 14 Boeing 737 Max (DL) 6 Boeing 737 Max (WL) 5 Q 400 9 Wide Body Aircraft 2 Total 52 *DL = Dry Lease; WL = Long term Wet Lease Contracts 29
Slide 31: Thank You!
Thank You! 30