1. Indonesia Stocks

  2. •

    Industrials

  3. •

    Marine Shipping
PT Pelayaran Nasional Ekalya Purnamasari Tbk

PT Pelayaran Nasional Ekalya Purnamasari Tbk

ELPI.JK
PT Pelayaran Nasional Ekalya Purnamasari TbkID flagIndonesia Stock Exchange
1,340.00
IDR
+10.00
- -
9.93TMarket Cap
PT Pelayaran Nasional Ekalya Purnamasari Tbk
ELPI.JK
(Indonesia Stock Exchange)

Recent

price

1,340.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
44.9
53.17
59.72
76.86
119.16
133.15
112
85.43
Revenue per Share
7.07
13.23
11.89
12.52
17.22
27.88
23.57
15.3
Basic EPS, GAAP
-18.47
-12.51
-7.61
-8.67
-19.49
-5.82
-24.89
-17.93
Free Cash Flow per Basic Share
- -
- -
84.35
- -
3.41
5.16
11.75
- -
Dividend per Share
80.89
97.65
83.25
123.04
128.59
159.6
171.08
177.07
Book Value per Share
140.45
157.49
147.56
204.96
206.22
232.49
298.18
302.5
Tangible Book Value per Share
9,052
9,052
9,052
8,233
9,052
9,052
9,052
9,052
Basic Weighted Avg Shares
406,418
481,300
540,588
632,831
1,078,642
1,205,219
1,013,750
773,279
Sales/Revenue/Turnover
23.89
27.58
24
19.42
17.19
22.35
18.92
18.32
Operating Margin (%)
1,179
2,722
2,501
2,795
2,197
2,167
2,238
1,601
Depreciation Expense
64,037
119,774
107,650
103,074
155,854
252,373
213,304
138,477
Net Income, GAAP
2.2
1.28
0.51
0.46
1.36
1.05
0.64
2.29
Effective Tax Rate (%)
15.76
24.89
19.91
16.29
14.45
20.94
21.04
17.91
Profit Margin (%)
148,332
320,255
150,818
487,119
492,794
748,283
563,121
536,351
Working Capital
53,278
128,096
84,888
40,910
265,967
214,946
244,585
340,744
LT Debt
1,271,266
1,425,578
1,336,335
1,688,052
1,869,031
2,106,803
2,700,544
2,739,417
Total Equity
- -
8.77
8.3
7.49
9.21
11.6
7.05
4.96
Return on Invested Capital (%)
- -
12.33
11.48
10.56
11.76
15.33
12.46
7.82
Return on Capital (%)
- -
14.82
13.15
11.67
14.32
19.35
14.25
8.93
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
64,446
58,175
LT Borrowings
- -
239,540
335,699
LT Finance Leases
- -
5,045
5,045
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
9,052
9,052
9,052
Market Capitalization
3,168,093
7,241,355
17,515,028

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
740,664
802,604
Cash, Cash Equivalents & STI
- -
421,534
440,968
Accounts Receivable, Net
- -
134,470
147,225
Inventories
- -
50,811
64,045
Total Current Liabilities
- -
177,543
266,253
Payables & Accruals
- -
- -
- -
ST Debt
- -
64,446
58,175
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
14.34%
28.18%
Free Cash Flow
- -
73.88%
327.88%
Net Income, GAAP
- -
16.66%
-15.48%
Sales/Revenue/Turnover
- -
19.13%
-15.89%
Total Cash Common Dividend
- -
- -
127.67%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
300,629
284,648
308,557
311,385
1,205,219
2025
212,601
324,431
- -
252,799
1,013,750
2026
196,049
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7.34
- -
- -
- -
27.88
2025
5.08
- -
- -
- -
23.57
2026
2.62
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
5.16
2025
- -
- -
- -
- -
11.75
2026
- -
- -
- -
- -
- -
Similar Companies
Hafnia Limited (HAFNIO.OL)
Svitzer Group A/S (SVITZR.CO)
Tze Shin International Co. Ltd. (2611.TW)
Ernst Russ AG (HXCK.DE)
Rizhao Port Jurong Co., Ltd. (6117.HK)
Shih Wei Navigation Co., Ltd. (5608.TW)
Business
PT Pelayaran Nasional Ekalya Purnamasari Tbk (ELPI.JK) operates as an Indonesia-based maritime company providing sea transportation and logistics services primarily in the offshore oil and gas support sector; it owns and operates more than 100 vessels including crewboats, anchor handling tug supply (AHTS) vessels, platform support vessels (PSV), utility vessels, and specialized vessels; core services encompass ship chartering on time, bareboat, and spot bases, offshore support including rig movements, anchor handling, and cargo transportation, logistics solutions such as warehousing and heavy equipment transport, engineering procurement construction installation (EPCI), shipyard repair and maintenance through affiliates PT Eka Multi Bahari in Samarinda and PT Orela Shipyard in Gresik, dry bulk transportation via subsidiary PT ELPI Trans Cargo (ETC), and maritime training including dynamic positioning certification at its Maritime Offshore Technology & Engineering (MOTE) center. Founded in 1992 in Ambon, Maluku, the company relocated its headquarters to Surabaya, East Java, in 2017 and maintains regional offices across Indonesia with operations focused on eastern Indonesia, Maluku, Papua, and extending internationally including Malaysia. Recent developments include securing a five-year US$25.9 million contract in 2024 with ExxonMobil Cepu Limited for two AHTS vessels through 2029; signing a MYR65 million vessel charter agreement via affiliate NKA Energy Ventures Sdn Bhd with Perpetro Sdn Bhd for PSV Anggrek 7501 supporting Sarawak Sabah Shell operations; allocating Rp1 trillion capital expenditure in 2024-2025 for fleet expansion adding multicats, tug & barge sets, offshore support vessels, and fast combat boats to support Rp2.3 trillion backlog potential; selling a tug & barge set valued at Rp48 billion to subsidiary ETC in July 2025 to bolster its dry bulk capabilities; expanding shipyard capacity by 30% amid full utilization for newbuilds like multipurpose vessels and crewboats; and establishing ETC in February 2025 with additional Rp9.9 billion capitalization to enhance group logistics independence.