Slide 1: Earnings Presentation Q1 FY20
Earnings Presentation Q1 FY20 Apr – Jun 2019 July 19, 2019 1
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
Slide 3: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Jun’19 Jun’18 Change% ASK (billion) 23.3 17.8 30.3% Total income 97,869 68,183 43.5% RASK (INR) 4.10 3.70 10.7% Total expenses 82,775 67,870 22.0% CASK (INR) 3.45 3.69 -6.3% CASK ex fuel (INR) 2.11 2.17 -2.8% EBITDAR 27,
Slide 4: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Jun’19 Jun’18 Change% Revenue from operations 94,201 65,120 44.7% Other income 3,669 3,064 19.8% Total income 97,869 68,183 43.5% ASK (billion) 23.3 17.8 30.3% RPK (billion) 20.7 15.9 29.8% Load factor (%) 88.9% 89.3% -0.4 pt
Slide 5: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Jun’19 Jun’18 Change% Aircraft fuel expenses 31,361 27,156 15.5% Aircraft and engine rentals (net) 1,288 8,080 -84.1% Supplementary rentals and aircraft repair and maintenance (net) 10,235 8,589 19.2% Airport fees and charges 6,
Slide 6: Cash and Debt
Cash and Debt As of Particulars (in INR million) Jun’19 Jun’18 Change% Free Cash 76,968 61,049 26.1% Restricted Cash 96,402 71,007 35.8% Total Cash 173,371 132,056 31.3% Debt excluding lease liability 23,608 25,219 -6.4% Lease liability * 160,701 - - Total Debt * 184,309 25,219 630.8% * With effect
Slide 7: Capacity update
Capacity update • For fiscal year 2020, year over year capacity increase in ASKs is expected to be 30% • For second quarter fiscal year 2020, year over year capacity increase in ASKs is expected to be 28% 7
Slide 8: Appendix
Appendix
Slide 9: Fleet breakup
Fleet breakup 30th Jun, 2019 31st Mar, 2019 30th Jun, 2018 235 217 169 • 29 Owned/Finance • 29 Owned/Finance • 26 Owned/ Finance Lease Lease Lease • 206 Operating Lease • 188 Operating Lease • 143 Operating Lease • 83 A320neo • 71 A320neo • 36 A320neo • 129 A320ceo • 130 A320ceo • 124 A320ceo • 5 A3
Slide 10: 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 11: Thank You
Thank You