Investor Presentaiton
Key Developments in Q4FY19 - Airport Business
GAR
Delhi Airport (DIAL)
•
Robust revenue growth (12% YoY) despite Jet Airways debacle
O Aero revenue (▲29% YoY) and Non-aero revenue (▲8% YoY)
Aero revenue growth driven by
o Implementation of BAC w.e.f. December 2018
o Recovery of unclaimed passenger UDF
Non-aero revenue aided by growth in
Retail incl. Duty Free (15% YoY) - Benefit from store expansion and currency tailwinds
Land and space rental (▲13% YoY) - Led by new allotment
Cargo (17% YoY) - Driven by tariff hike effective Oct 18 and volume uptick (▲11% YoY)
Operational EBITDA (INR 1.8 bn in Q4FY19) ▲34% YoY
Prevailing tariff extended till Sep 30, 2019 or determination of tariff for 3rd control period, whichever is earlier
Hyderabad Airport (GHIAL)
Revenue growth of 12% YoY led by aero ( 7% YoY) and non-aero (22% YoY)
Non-aero revenue aided by growth in
Fuel Farm (41% YoY) - Benefit from increased ATMs
Retail incl. Duty Free (12% YoY) - Driven by increased spend per pax (SPP)
Operational EBITDA ▲4% YoY driven by healthy revenue growth
Humility | Entrepreneurship I Teamwork and Relationships | Deliver the Promise I Learning and Inner Excellence I Social Responsibility I Respect for Individual
41View entire presentation