PT Arwana Citramulia Tbk

PT Arwana Citramulia Tbk

ARNA.JK
PT Arwana Citramulia TbkID flagIndonesia Stock Exchange
418.00
IDR
-20.00
- -
2.94TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
193.1
219.27
175.98
205.95
236.06
268.54
293.65
303.68
351.49
355.74
336.87
365.9
407.02
401.14
Basic EPS, GAAP
32.03
35.35
9.51
12.32
16.46
21.33
29.41
44.35
64.79
79.25
61.29
59.21
55.93
60.43
Free Cash Flow per Basic Share
-21.72
-12.19
-11.36
-10.22
-9.62
-11.02
-5.91
-11.48
-15.38
-20.28
-27.5
-27.45
-42.67
-36.11
Dividend per Share
10
16
12
5
5
12
16
22.12
30.01
45
55.04
43.08
42.43
- -
Book Value per Share
102.25
122.16
120.07
127.05
137.98
147.4
158.75
180.66
215.87
250.97
257.03
275.71
289.68
266.61
Tangible Book Value per Share
103.76
123.95
121.87
129.14
140.22
149.37
160.59
179.17
216.43
252.11
255.33
260.98
270.2
248.48
Basic Weighted Avg Shares
7,341
7,341
7,341
7,341
7,341
7,341
7,328
7,283
7,269
7,271
7,265
7,194
7,160
7,066
Sales/Revenue/Turnover
1,417,640
1,609,759
1,291,926
1,511,978
1,732,985
1,971,478
2,151,801
2,211,744
2,554,881
2,586,665
2,447,442
2,632,310
2,914,327
2,834,312
Operating Margin (%)
24.39
21.92
8.63
9.05
10.78
11.36
13.23
18.96
23.51
28.87
23.21
20.8
18.12
19.5
Depreciation Expense
2,046
2,715
2,670
2,889
3,052
3,803
4,010
3,826
4,173
3,750
3,619
3,902
3,796
3,054
Net Income, GAAP
235,164
259,515
69,782
90,483
120,830
156,623
215,535
323,013
470,903
576,214
445,291
425,972
400,476
426,987
Effective Tax Rate (%)
24.86
24.89
25.45
26.21
26.49
25.28
25.35
22.44
21.93
22.05
21.99
21.62
22.48
21.57
Profit Margin (%)
16.59
16.12
5.4
5.98
6.97
7.94
10.02
14.6
18.43
22.28
18.19
16.18
13.74
15.06
Working Capital
93,325
191,786
10,320
166,261
285,038
350,940
413,851
580,593
846,504
915,830
921,826
788,314
689,168
590,985
LT Debt
25,385
- -
3,462
75,071
60,499
30,208
- -
- -
- -
- -
48,994
- -
- -
- -
Total Equity
761,734
909,942
894,728
948,088
1,029,400
1,096,596
1,176,782
1,304,939
1,573,170
1,833,173
1,855,036
1,877,542
1,934,673
1,755,691
Return on Invested Capital (%)
32.43
28.58
7.92
8.8
11.54
13.83
17.08
24.35
30.26
32.03
22.08
20.95
20.1
22.71
Return on Capital (%)
31.04
29.28
7.12
8.97
11.4
13.9
17.95
25.01
31.4
32.6
22.53
20.54
18.6
21.49
Return on Common Equity (%)
34.94
31.5
7.85
9.98
12.42
14.95
19.2
26.06
32.65
33.96
24.12
22.12
19.74
23.43

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
106,568
103,853
107,516
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,093
7,066
7,054
Market Capitalization
5,065,587
4,769,336
4,239,409

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,506,250
1,601,596
1,352,328
Cash, Cash Equivalents & STI
391,887
442,658
165,674
Accounts Receivable, Net
919,113
913,932
960,188
Inventories
165,688
206,020
181,704
Total Current Liabilities
717,936
749,781
761,343
Payables & Accruals
- -
- -
- -
ST Debt
106,568
103,853
107,516
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.18%
8.51%
3.04%
Free Cash Flow
19.99%
30.94%
54.71%
Net Income, GAAP
21.54%
7.02%
-5.99%
Sales/Revenue/Turnover
8.7%
5.93%
10.71%
Total Cash Common Dividend
23.53%
16.63%
-1.96%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
632,228
589,268
700,453
710,361
2,632,310
2025
690,652
732,846
740,460
- -
2,914,327
2026
631,755
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14.27
- -
- -
- -
59.21
2025
14.86
- -
- -
- -
55.93
2026
11.84
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
43.08
2025
- -
- -
- -
- -
42.43
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Tandean Rustandy
Full Time Employees
2,560
Sector
Industrials
Industry
Construction
Address
Sentra Niaga Puri Indah Blok T2 No. 24 Jakarta Indonesia 11610
IPO Date
Oct 17, 2005
Business
PT Arwana Citramulia Tbk is an Indonesian manufacturer and distributor of ceramic tiles, operating primarily in the ceramics industry. The company produces a wide range of ceramic, porcelain, and granite tiles under its main brands, including Arwana and UNO, targeting the lower-middle and upper-middle market segments, respectively. It operates five manufacturing plants across Indonesia, located in Tangerang, Serang, Gresik, Ogan Ilir, and Mojokerto, with a total installed capacity exceeding 57 million square meters. Its products encompass various categories such as embossed tiles, marble, plain color, granity, strata, rustic, fancy wood, and decorative tiles, including popular tile sizes ranging from 20x20 cm to 80x80 cm with digital printing technology applied for some product lines. Distribution is managed through its subsidiary Primagraha Keramindo, which oversees a network of 46 sub-distributors and more than 25,700 retail outlets nationwide. Founded in 1993 and headquartered in Jakarta, PT Arwana Citramulia Tbk commands about a 20 percent domestic market share in Indonesia's ceramic tile industry. Recent major developments include an equity buyback program amounting to IDR 150 billion in 2023 and continued sales growth with net sales reaching approximately IDR 2.17 trillion by September 2025, reflecting a 13.1 percent increase from the previous year. The company also focuses on product innovation with the launch of new ceramic tile sizes and digital printing technology to address the evolving demands of Indonesia's middle-class market segment. PT Arwana Citramulia emphasizes environmental sustainability by producing green-certified ceramic, porcelain, and granite tiles, aligning with growing eco-conscious consumer trends. Operationally, the company continues to address challenges related to energy costs, which represent a significant portion of production expenses, by optimizing production efficiency across its widespread factory locations to reduce logistics and energy costs. The company primarily serves the Indonesian domestic market and has positioned itself as a leading player among the country's top four ceramic manufacturers. It leverages its broad manufacturing and distribution infrastructure to meet the growing demand fueled by Indonesia's expanding real estate and construction sectors. PT Arwana Citramulia Tbk is listed on the Indonesia Stock Exchange (Ticker: ARNA.JK) and is held by major shareholders including Credit Suisse AG and UBS AG. The company remains focused on sustaining its market position through innovation, expanded production capacity, and strategic operational improvements.