Interglobe Aviation Ltd · NSE:INDIGO
Interglobe Aviation — Q1 FY18 Earnings Presentation
15 slides from Interglobe Aviation's earnings presentation, Jul 31, 2017
Slide 1: Earnings Presentation Q1 FY18
Earnings Presentation Q1 FY18 Apr – Jun 2017 July 31st, 2017 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: Overview
Overview
Slide 4: Key highlights
Key highlights • Reported highest ever quarterly profit • Profit after tax increased by 37.1% to INR 8.1 billion • Profit before tax increased by 50.6% to INR 11.2 billion • Total revenues increased by 25.6%; RASK improved by 5.5% • Strong RPK growth of 25.4% • Load factor increased by 4.7% coupled
Slide 5: Operational highlights
Operational highlights • For Q1 FY18, on time performance was 85.4%, technical dispatch reliability was 99.85% and flight cancellation rate was 1.2% o Ranked No.1 on OTP for the quarter • Operated a peak of 937 daily flights including international operations during the quarter • IndiGo pronounced ‘
Slide 6: Financial Overview
Financial Overview
Slide 7: Financial highlights for the quarter
Financial highlights for the quarter Quarter Ended Particulars (in INR million) Jun'17 Jun'16 Change% ASK (billion) 15.1 12.7 18.7% Total revenue 59,555 47,415 25.6% RASK (INR) 3.82 3.62 5.5% Total cost 48,312 39,948 20.9% CASK (INR) 3.08 3.04 1.3% CASK ex fuel (INR) 1.91 1.96 -2.5% EBITDAR 19,618 1
Slide 8: Revenue breakup for the quarter
Revenue breakup for the quarter Quarter Ended Particulars (in INR million) Jun'17 Jun'16 Change% Revenue from operations 57,529 45,789 25.6% Other income 2,026 1,626 24.6% Total revenue 59,555 47,415 25.6% ASK (billion) 15.1 12.7 18.7% RPK (billion) 13.3 10.6 25.4% Load factor (%) 88.0% 83.3% 4.7 pt
Slide 9: Cost breakup for the quarter
Cost breakup for the quarter Quarter Ended Particulars (in INR million) Jun'17 Jun'16 Change% Aircraft fuel expenses 17,592 13,674 28.6% Aircraft and engine rentals 8,537 7,127 19.8% Purchase of stock in trade 318 347 -8.6% Changes in inventories of stock in trade 20 (3) -- Employee benefits 5,843 4
Slide 10: Cash and Debt
Cash and Debt As of Particulars (in INR million) Jun’17 Mar ’17 Change Free Cash 51,888 44,326 17.1% Restricted Cash 49,959 49,106 1.7% Total Cash 101,847 93,432 9.0% Debt 25,241 25,962 -2.8% 10
Slide 11: Fleet and capacity update
Fleet and capacity update • For second quarter fiscal year 2018, year over year capacity increase in ASKs is expected to be 15% • For fiscal year 2018, year-over-year increase in ASKs is expected to be 20% • Expect the capacity to grow at the rate of 20% over the 3 year term for fiscal 2018 to fisca
Slide 12: Appendix
Appendix
Slide 13: Fleet breakup
Fleet breakup 30th Jun, 2017 31st Mar, 2017 30th Jun, 2016 135 131 109 • 17 Owned/Finance • 17 Owned/Finance • 22 Owned/ Finance Lease Lease Lease • 118 Operating Lease • 114 Operating Lease • 87 Operating Lease • 22 A320neo • 19 A320neo • 4 A320neo • 113 A320ceo • 112 A320ceo • 105 A320ceo 13
Slide 14: 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 15: Thank You
Thank You
InterGlobe Aviation Limited (IndiGo) — Q1 FY18 Earnings Presentation on 6ix