Interglobe Aviation Ltd · NSE:INDIGO
Interglobe Aviation — Q4 FY19 Earnings Presentation
13 slides from Interglobe Aviation's earnings presentation, May 27, 2019
Slide 1: Disclosure letter to stock exchanges under Regulation 30
May 27, 2019 IGAUSECT/05-18/09 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 Mumba i - 400 05 1 Mumbai - 400 001 Symbol: INDIGO Scrip Code: 539448 Dear
Slide 2: Earnings Presentation Q4 FY19
Earnings Presentation Q4 FY19 Jan – Mar 2019 May 27, 2019 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 full year
Financial highlights for the full year Full Year Ended Particulars (in INR million) Mar’19 Mar’18 Change% ASK (billion) 81.0 63.5 27.6% Total income 298,217 239,677 24.4% RASK (INR) 3.57 3.64 -2.0% Total expenses 299,708 208,411 43.8% CASK (INR) 3.59 3.15 13.9% CASK ex fuel (INR) 2.11 1.93 9.7% EBIT
Slide 5: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Mar’19 Mar’18 Change% ASK (billion) 22.1 17.1 29.4% Total income 82,598 60,977 35.5% RASK (INR) 3.63 3.43 5.9% Total expenses 76,430 59,315 28.9% CASK (INR) 3.35 3.33 0.6% CASK ex fuel (INR) 2.09 1.96 6.7% EBITDAR 21,926
Slide 6: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Mar’19 Mar’18 Change% Revenue from operations 78,833 57,991 35.9% Other income 3,765 2,986 26.1% Total income 82,598 60,977 35.5% ASK (billion) 22.1 17.1 29.4% RPK (billion) 19.0 15.2 25.1% Load factor (%) 86.0% 88.9% -3.0 pt
Slide 7: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Mar’19 Mar’18 Change% Aircraft fuel expenses 27,813 23,377 19.0% Aircraft and engine rentals 14,649 9,931 47.5% Purchase of stock in trade 351 308 14.0% Changes in inventories of stock in trade 4 (8) 151.3% Employee benefits 8,7
Slide 8: Cash and Debt
Cash and Debt As of Particulars (in INR million) Mar’19 Mar’18 Change% Free Cash 60,796 70,587 -13.9% Restricted Cash 92,285 66,496 38.8% Total Cash 153,081 137,083 11.7% Debt 24,292 24,527 -1.0% 7
Slide 9: Capacity update
Capacity update • For fiscal year 2020, year over year capacity increase in ASKs is expected to be 30% • For First quarter fiscal year 2020, year over year capacity increase in ASKs is expected to be 30% 8
Slide 10: Appendix
Appendix
Slide 11: Fleet breakup
Fleet breakup 31st Mar, 2019 31st Dec, 2018 31st Mar, 2018 217 208 159 • 29 Owned/Finance • 29 Owned/Finance • 23 Owned/ Finance Lease Lease Lease • 188 Operating Lease • 179 Operating Lease • 136 Operating Lease • 71 A320neo • 66 A320neo • 32 A320neo • 130 A320ceo • 127 A320ceo • 121 A320ceo • 1 A3
Slide 12: 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 13: Thank You
Thank You