Stockrabit · Analysts
Questions across 22 calls

Achal Kumar

HSBC

The Indian Hotels Company Limited

The Indian Hotels Company Limited CC-Dec23.pdf · 2024-02-02
So, first question is around the ARR, just want to understand about the sustainability of ARR of course demand supply equation is favorable, but ARR is already very high. So, how do you see ARR going forward do you think these ARR levels are sustainable, or do you see further growth in A RR and if ARR stay at these levels do you think the further growth will come in the occupancy level, so how do you see the overall combination of ARR plus occupancy?
Right. And then about your revenue growth guidance, you said the double-digit revenue growth. So, basically, would you mind breaking this growth please, because I can see that room inventory itself is growing by about 10% next year, in the next financial year so this top line growth, would it be more mainly driven from ARR or occupancy levels or how do you see, if you could please help to understand that?

InterGlobe Aviation Limited

InterGlobe Aviation Limited CC-Sep23.pdf · 2023-11-03
Two for me please. First, on the demand/supply yield. So, now you are saying that you will try to increase your capacity by mid-teen next year. Unfortunately, if you see the demand trend, we are still at 400,000 passengers and then of course, Air India said that they are adding more than 20 narrow bodies, SpiceJet has recently added five. So, what I'm trying to understand is that what gives you confidence, I mean I'm a bit concerned because we still had 400,000 passengers and while we're at the peak quarter, so what happens if the demand doesn't pick up, would you think you would be adding more capacity then on the international side or do you think it will add pressure on the fares? So, how do you see the demand versus supply versus fares and what gives you confidence that you would be able to fill up additional capacity which you're adding a lot of damp leases? And my second question is about the compensation from Pratt. So now of course Europeans are saying that they've been in discussion with Pratt and they're expecting compensation to flow simultaneously as there have been some grounding. So, what is the trend, I mean, do you expect compensation to come as the groundings are going on or do you think the compensation is sometimes next year only for these groundings?