{"id":128074,"date":"2022-03-02T06:14:22","date_gmt":"2022-03-02T11:14:22","guid":{"rendered":"https:\/\/44.250.171.167\/?p=128074"},"modified":"2022-10-05T06:30:17","modified_gmt":"2022-10-05T10:30:17","slug":"indigo-airlines-research-tear-sheet-q3-fy22","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/indigo-airlines-research-tear-sheet-q3-fy22\/","title":{"rendered":"Indigo Airlines Research Tear Sheet Q3 FY22"},"content":{"rendered":"\n

IndiGo<\/strong> is an Indian low-cost airline. It is headquartered in Gurgaon<\/a>, Haryana<\/a>, India<\/a>. This is a domestic airline with a 282 fleet size. It is one of the low cost carrier flying in Asia. It is the sixth largest carrier in Asia. It was incorporated in the year 2005.The founder is Rahul Bhatia and Rakesh Gangwa. The airways fly across 96 destinations. The stocks are traded on both BSE and NSE. Net profit of 1.3 billion rupees compared to a net loss of 14.4 billion rupees for the quarter ending September 21. EBITDAR of 20.0 billion rupees compared to an EBITDAR of 3.4 billion rupees in the quarter ending September 21. Free cash of 78.1 billion rupees, net increase of 14.6 billion rupees as compared to September end.<\/p>\n\n\n\n

Key Financial Highlights<\/u><\/strong><\/p>\n\n\n\n

Particulars (in INR million)<\/td>Dec\u201921<\/td>Dec\u201920<\/td>Change<\/td><\/tr>
Total income<\/td>94,801<\/td>51,428<\/td>84.30%<\/td><\/tr>
Total expenses<\/td>93,464<\/td>57,659<\/td>62.10%<\/td><\/tr>
EBITDAR<\/td>19,955<\/td>9,871<\/td>102.20%<\/td><\/tr>
PBT<\/td>1,337<\/td>-6,231<\/td>121.50%<\/td><\/tr>
PAT<\/td>1,298<\/td>-6,201<\/td>120.90%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
Particulars (in INR million)<\/td>Dec\u201921<\/td>Dec\u201920<\/td><\/tr>
Total Cash<\/td>1,73,189<\/td>1,83,653<\/td><\/tr>
Total Debt<\/td>3,51,534<\/td>2,77,261<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Cash Position<\/u><\/strong><\/p>\n\n\n\n

There is a free cash of 78.1 billion rupees, the net increase by 14.6 billion rupees as compared toQ2 FY22 . The total cash at 31 Dec 21 was 173.2 billion rupees. The company is striving each day to improve on our cost metrics and looking at innovative ways to further capitalize on this strength.<\/p>\n\n\n\n

Outlook<\/u><\/strong><\/p>\n\n\n\n

Expecting that capacity deployed in the Q4 FY 2022 will be reduced by approximately 10-15%.<\/p>\n\n\n\n

Yields have increased by 5.2%. These drivers led to a RASK improvement of 13.5% sequentially to 4.09 rupees.<\/p>\n\n\n\n

Conference Call Highlights:<\/strong><\/p>\n\n\n\n

Management guidance:<\/strong><\/p>\n\n\n\n

International capacity deployed grew by almost 80%, quarter over quarter and bookings grew by 95%.<\/p>\n\n\n\n

Yields have increased by 5.2%.<\/p>\n\n\n\n

RASK increased by 13.5% due to a sequential increase in load factors, by 8.6 points and in yields by 5.2% to 4.41 rupees.<\/p>\n\n\n\n

Business Update:<\/strong><\/u><\/strong><\/p>\n\n\n\n

IndiGo  finds Tata as ‘formidable competition’ after the Air India deal.<\/p>\n\n\n\n

Indigo partners with 255 single-aisle A321neo passenger jets.<\/p>\n\n\n\n

Air France and KLM have decided to open250 destinations to IndiGo customers.<\/p>\n\n\n\n

Saguna Vaid has been appointed general counsel of Indigo effective Dec 1.<\/p>\n\n\n\n

IndiGo has entered into a partnership with Kotak Mahindra Bank to launch co-branded credit card.<\/p>\n\n\n\n

IndiGo has appointed Neetan Chopra as chief digital & information officer.<\/p>\n\n\n\n

CSIR partners with Indigo for sustainable fuel.<\/p>\n","protected":false},"excerpt":{"rendered":"

IndiGo is an Indian low-cost airline. It is headquartered in Gurgaon, Haryana, India. This is a domestic airline with a 282 fleet size. It is one of the low cost carrier flying in Asia. It is the sixth largest carrier in Asia. It was incorporated in the year 2005.The founder is Rahul Bhatia and Rakesh Gangwa. The airways fly across […]<\/p>\n","protected":false},"author":1796,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6352,9908],"tags":[212],"class_list":["post-128074","post","type-post","status-publish","format-standard","hentry","category-research-summary","category-research-tear-sheet","tag-airlines"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":130565,"url":"https:\/\/alphastreet.com\/india\/indigo-airlines-q4-fy-2022-research-tear-sheet\/","url_meta":{"origin":128074,"position":0},"title":"Indigo Airlines Q4 FY 2022 Research Tear Sheet","author":"sreerupa","date":"June 8, 2022","format":false,"excerpt":"IndiGo\u00a0is an Indian\u00a0low-cost airline. It is headquartered in Gurgaon, Haryana India.\u00a0This is a domestic airline with a 282 fleet size. It is one of the low cost carrier flying in Asia. It is the sixth largest carrier in Asia. It was incorporated in the year 2005.The founder is Rahul Bhatia\u2026","rel":"","context":"In "Research Summary"","block_context":{"text":"Research Summary","link":"https:\/\/alphastreet.com\/india\/category\/research-summary\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/06\/image-2.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":178661,"url":"https:\/\/alphastreet.com\/india\/aia-engineering-q3-net-profit-rises-13-6-on-margin-expansion-and-forex-gains-revenue-flat\/","url_meta":{"origin":128074,"position":1},"title":"AIA Engineering Q3 Net Profit Rises 13.6% on Margin Expansion and Forex Gains; Revenue Flat","author":"Staff Correspondent","date":"January 30, 2026","format":false,"excerpt":"AIA Engineering Limited (NSE: AIAENG) shares traded marginally higher on Friday after the grinding media manufacturer reported a 13.6% rise in third-quarter net profit, aided by operational efficiencies and a surge in other income that offset muted revenue growth. The stock rose as much as 2.3% to an intraday high\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":180727,"url":"https:\/\/alphastreet.com\/india\/bcl-industries-q3-profit-surges-69-to-%e2%82%b9350-million-despite-flat-revenue\/","url_meta":{"origin":128074,"position":2},"title":"BCL Industries Q3 Profit Surges 69% to \u20b9350 Million Despite Flat Revenue","author":"Staff Correspondent","date":"February 13, 2026","format":false,"excerpt":"BCL Industries Limited (NSE: BCLIND) reported a consolidated net profit of 350 million rupees for the third quarter ended December 31, 2025, a 69% increase from 210 million rupees in the corresponding period of the previous year. Total consolidated revenue for the quarter stood at 7.58 billion rupees, compared with\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":181289,"url":"https:\/\/alphastreet.com\/india\/vms-tmt-shares-decline-as-quarterly-net-profit-reaches-8-04-crore-rupees-in-q3-fy26\/","url_meta":{"origin":128074,"position":3},"title":"VMS TMT shares decline as quarterly net profit reaches 8.04 crore rupees in Q3 FY26","author":"Staff Correspondent","date":"February 18, 2026","format":false,"excerpt":"VMS TMT Ltd (NSE: VMSTMT; BSE: 544521) shares closed at 50.76 Indian rupees on Wednesday, representing an intraday decline of 0.78%. The stock fluctuated between a high of 51.31 rupees and a low of 50.50 rupees during the session. Market Capitalization The company's market capitalization stood at 2.52 billion Indian\u2026","rel":"","context":"In "LATEST"","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":142867,"url":"https:\/\/alphastreet.com\/india\/united-spirits-q3fy23-net-profit-drops-by-27-percent\/","url_meta":{"origin":128074,"position":4},"title":"United Spirits Q3FY23 net profit drops by 27 percent","author":"Chirag Gupta","date":"February 27, 2023","format":false,"excerpt":"Indian alcoholic beverage maker United Spirits Ltd on Tuesday reported a 64.4% slump in quarterly profit, hurt by soaring input costs, falling sales and a one-time expense. The maker of Johnny Walker whiskey reported a profit of 1.11 billion rupees ($13.61 million) in the quarter ended Dec. 31, down from\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"earnings preview","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2019\/04\/Earnings-preview-1.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":139763,"url":"https:\/\/alphastreet.com\/india\/tata-chemicals-q3fy23-results-out-net-profit-rises-21\/","url_meta":{"origin":128074,"position":5},"title":"TATA chemicals Q3FY23 results out, Net profit rises 21%","author":"Chirag Gupta","date":"February 1, 2023","format":false,"excerpt":"India\u2019s Tata Chemicals on Wednesday reported a 21% jump in its net profit, driven by strong growth in its basic chemistry products segment. The chemical manufacturer posted a consolidated net profit for the three months ended Dec. 31 at 3.91 billion rupees ($47.77 million), compared with 3.11 billion rupees a\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/02b61be2-052c-4273-b71b-cccc6fd4b2c6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/02b61be2-052c-4273-b71b-cccc6fd4b2c6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/02b61be2-052c-4273-b71b-cccc6fd4b2c6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/02b61be2-052c-4273-b71b-cccc6fd4b2c6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/02b61be2-052c-4273-b71b-cccc6fd4b2c6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/02\/02b61be2-052c-4273-b71b-cccc6fd4b2c6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1796"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=128074"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/128074\/revisions"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=128074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=128074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=128074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}