1. Indonesia Stocks

  2. •

    Consumer Cyclical

  3. •

    Auto - Parts
PT Indo Kordsa Tbk

PT Indo Kordsa Tbk

BRAM.JK
PT Indo Kordsa TbkID flagIndonesia Stock Exchange
4,570.00
IDR
+50.00
- -
2.06TMarket Cap
PT Indo Kordsa Tbk
BRAM.JK
(Indonesia Stock Exchange)

Recent

price

4,570.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.44
0.48
0.39
0.44
0.46
0.46
0.49
0.54
0.59
0.55
0.37
0.58
0.74
0.56
0.51
0.28
0.38
Revenue per Share
0.03
0.01
0.04
0.01
0.03
0.02
0.04
0.05
0.04
0.03
-0.01
0.06
0.07
0.03
0.03
-0.01
0.01
Basic EPS, GAAP
-0.03
-0.06
-0.08
-0.04
-0.15
-0.01
-0.02
-0.03
-0.02
-0.01
- -
-0.01
-0.02
-0.03
-0.01
-0.03
-0.02
Free Cash Flow per Basic Share
0.01
0.01
0.02
0.02
- -
0.01
0.01
0.01
0.04
0.03
0.01
0.04
0.03
0.03
0.02
- -
0.01
Dividend per Share
0.3
0.29
0.31
0.3
0.33
0.35
0.38
0.42
0.41
0.41
0.39
0.4
0.44
0.45
0.45
0.44
0.45
Book Value per Share
0.35
0.34
0.37
0.35
0.39
0.4
0.43
0.48
0.48
0.49
0.46
0.46
0.49
0.5
0.49
0.49
0.49
Tangible Book Value per Share
450
450
450
450
450
450
450
450
450
450
450
450
450
450
450
450
450
Basic Weighted Avg Shares
198
217
174
200
208
208
220
242
264
246
168
260
335
252
231
124
173
Sales/Revenue/Turnover
11.88
7.51
2.1
5.57
11.08
11.29
15.02
13.79
10.44
7.71
-2.36
11.64
14.09
8.85
8.13
0.34
5.06
Operating Margin (%)
- -
- -
- -
- -
1
1
1
1
1
- -
- -
- -
- -
- -
1
1
1
Depreciation Expense
15
2
17
5
14
10
19
22
17
14
-4
25
32
15
12
-2
5
Net Income, GAAP
32.32
64.42
10.94
33.97
27.05
31.23
28.15
27.89
28.49
29
- -
26.18
23
29.93
29.24
204.69
36.42
Effective Tax Rate (%)
7.43
1.07
9.64
2.41
6.9
5.01
8.75
9.23
6.42
5.5
-2.31
9.61
9.54
6.08
5.18
-1.87
3.02
Profit Margin (%)
61
60
46
33
32
46
53
68
58
63
57
62
75
61
61
67
51
Working Capital
8
13
11
11
44
43
28
27
15
13
8
5
4
3
2
2
2
LT Debt
161
154
170
162
178
183
198
217
220
221
209
210
222
226
226
223
226
Total Equity
10.92
3.26
1.69
3.64
7.2
6.27
9.62
9.74
7.95
5.6
- -
9.57
15.43
6.6
5.59
-0.19
2.4
Return on Invested Capital (%)
10.17
1.3
6.55
2.53
6.18
4.5
7.9
9.37
6.92
6.03
- -
11.42
13.7
6.04
4.48
-1.86
1.56
Return on Capital (%)
12.85
1.76
12.46
3.51
10.03
6.78
11.75
12.44
9.06
7.28
-2.17
14.1
16.94
7.67
5.92
-1.15
2.6
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
6
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
450
450
450
Market Capitalization
162
158
160

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
114
102
79
Cash, Cash Equivalents & STI
33
24
22
Accounts Receivable, Net
41
34
16
Inventories
36
37
37
Total Current Liabilities
53
44
28
Payables & Accruals
- -
- -
- -
ST Debt
6
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-1.25%
Free Cash Flow
57.3%
124.96%
131.45%
Net Income, GAAP
-97.87%
-181.27%
-119.39%
Sales/Revenue/Turnover
-0.96%
0.77%
-46.18%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
63
61
51
231
2025
42
20
30
- -
124
2026
37
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.03
2025
0.01
- -
- -
- -
-0.01
2026
0.01
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.02
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
PT Indo Kordsa Tbk manufactures and markets tire cord fabrics, nylon tire cords, polyester yarns, nylon yarns, yarn filaments, rayon fibers, and raw materials for polyester tire reinforcement. The company operates through three main segments, including Tire Cord Fabric, Nylon Yarn, and Polyester Yarn, serving the automotive tire industry with premium reinforcement materials produced using technology licensed from Goodyear Tire and Rubber Company. It supplies these products to customers in Indonesia, Thailand, the United States, Japan, Korea, India, Vietnam, Hungary, Malaysia, Brazil, China, South Africa, and other international markets. Founded on July 8, 1981, and headquartered in Bogor, West Java, Indonesia, at Jalan Pahlawan, Desa Karang Asem Timur, Citeureup, the company, formerly known as PT Branta Mulia Tbk, changed its name to PT Indo Kordsa Tbk in 2006 and lists its shares on the Indonesia Stock Exchange under the ticker BRAM.JK. PT Indo Kordsa Tbk functions as a subsidiary of Kordsa Teknik Tekstil A.S., part of the Kordsa Global group, with major shareholding by Kordsa Teknik Tekstil A.S. It maintains operations as a foreign investment company, focusing on Southeast Asia as a key hub for tire cord production. In recent developments, the company completed a merger with its subsidiary PT Indo Kordsa Polyester in 2022, enhancing operational efficiency, capital structure, and competitiveness as the surviving entity. It installed a 4.8 megawatt-peak solar rooftop system in partnership with TotalEnergies ENEOS, supporting its sustainability roadmap with targeted 3% annual emission reductions through renewable energy adoption. Additionally, PT Indo Kordsa Tbk held an Extraordinary General Meeting of Shareholders on September 16, 2025, addressing governance matters including commissioner appointments.