Airports Authority of India
About
Currently managed by Vipin Kumar, Airports Authority of India (AAI) oversees 137 airports in India, out of which 24 are international airports, 10 are customs airports, 80 are domestic airports, and 23 are domestic civil enclaves at defence airfields. AAI provides air navigation services, airport services, fire services, and project services. Its operations are based on eastern, northeastern, northern, southern, and western regions. With ground installations at all of its airports, AAI ensures the safety of aircraft operations through Air Traffic Management Services (ATMS) over the Indian Air Space and adjoining oceanic areas. AAI’s use of the Automatic Dependence Surveillance System (ADSS) to control air traffic over oceanic areas using satellites made India the first country in Southeast Asia to use such technology for effective air traffic control. Project GAGAN, AAI's collaboration with ISRO, will enable satellite-based navigation signals to achieve the navigational requirements of aircrafts.
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Financial Data 2023
Fortune India Coverage
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 12172 58.5% | 7678 45.5% | 5276 -58.9% | 12837 -9.2% | 14133 8.9% | 12977 3.5% | 12542 15.9% | 10825 16.6% | 9285 12.7% | 8237 19.1% | 6917 - | 5879 14.4% | 5139 11.4% | 4615 10.3% | 4186 - |
| Net Operating Income (INR Cr) | 11425 80.38% | 6334 46.09% | 4335 -64.64% | 12262 -6.30% | 13087 6.34% | 12307 3.76% | 11861 15.65% | 10255 15.34% | 8891 10.88% | 8019 88.97% | - | 4209 10.05% | 3824 11.68% | 3424 10.88% | 3088 -1.81% |
| Profit (INR Cr) | 2972 - | 9 - | -1962 - | 1985 -12.6% | 2271 -18.9% | 2802 -10.1% | 3116 22.8% | 2537 29.5% | 1959 36.0% | 1441 96.1% | 735 - | 859 1.5% | 846 18.8% | 712 3.7% | 687 - |
| Assets (INR Cr) | 26251 17.1% | 22422 -11.2% | 25238 4.9% | 24055 3.1% | 23332 -0.4% | 23423 2.6% | 22841 5.2% | 21709 18.9% | 18262 34.1% | 13615 26.1% | 10795 - | 10956 18.0% | 9283 16.6% | 7965 20.8% | 6594 - |
| Net Worth (INR Cr) | 15781 28.9% | 12246 -4.8% | 12869 -16.8% | 15472 6.9% | 14476 -3.0% | 14927 -0.9% | 15055 15.2% | 13071 14.1% | 11456 14.9% | 9975 12.5% | 8868 - | 8814 9.4% | 8057 10.5% | 7293 14.6% | 6364 9.7% |
| Employee Cost (INR Cr) | 4006 8.2% | 3702 5.6% | 3505 -21.8% | 4481 -13.1% | 5159 41.5% | 3647 30.8% | 2789 3.3% | 2700 -3.6% | 2802 16.9% | 2398 -6.0% | 2550 27.5% | 2000 20.8% | 1655 2.6% | 1613 13.1% | 1426 - |
| Interest Cost (INR Cr) | 103 | 70 | 45 | 5 | 7 | 44 | 98 | 171 | 157 | 155 | 31 | 45 | 11 | 8 | 3 |
| Cash & Bank Balance (INR Cr) | 4451 | 1644 | 1090 | 1284 | 1862 | 4484 | 5043 | 4493 | 2827 | 1142 | 86 | 114 | 106 | 362 | 389 |
| Total Debt (INR Cr) | 4504 | 3386 | 3180 | 109 | 40 | 40 | 477 | 1358 | 1590 | 1659 | 1927 | 2142 | 1225 | 672 | 230 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 24.4% | 0.1% | - | 15.5% | 16.1% | 21.6% | 24.8% | 23.4% | 21.1% | 17.5% | 10.6% | 14.6% | 16.5% | 15.4% | 16.4% |
| Profit As % Of Assets | 11.3% | 0.0% | - | 8.3% | 9.7% | 12.0% | 13.6% | 11.7% | 10.7% | 10.6% | 6.8% | 7.8% | 9.1% | 8.9% | 10.4% |
| Profit As % Of Networth | 18.8% | 0.1% | - | 12.8% | 15.7% | 18.8% | 20.7% | 19.4% | 17.1% | 14.5% | 8.3% | 9.8% | 10.5% | 9.8% | 10.8% |
| Interest Cost to EBITDA % | 2.0% | 10.5% | - | 0.1% | 0.2% | 0.8% | 1.8% | 3.7% | 4.0% | 4.1% | - | 6.0% | 1.2% | 1.0% | 0.4% |
| Debt to Equity Ratio | 0.29 | 0.28 | 0.25 | 0.01 | 0.00 | 0.00 | 0.03 | 0.10 | 0.14 | 0.17 | 0.22 | 0.24 | 0.15 | 0.09 | 0.04 |
| RONW | 21.2% | -7.0% | - | 13.3% | 15.5% | 18.7% | 22.2% | 20.7% | 18.3% | 15.3% | 8.3% | 10.2% | 11.0% | 10.4% | 11.3% |
| ROCE | 16.7% | -3.4% | -12.9% | 16.1% | 15.8% | 19.3% | 20.9% | 19.4% | 18.5% | 21.9% | 12.6% | 13.9% | 15.7% | 17.0% | 18.0% |