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    Non-energy minerals

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    Construction materials
PT Indocement Tunggal Prakarsa Tbk

PT Indocement Tunggal Prakarsa Tbk

0.26
EUR
+0.01
(+2.38%)
0.03EPS
6.92P/E
689.58MMarket Cap
Oct 29Next Earn
PT Indocement Tunggal Prakarsa Tbk
GETTEX:ITP
(Gettex)

Recent

price

0.26

P/E

ratio

6.92

div

yld

8.78%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
IDR
3,025.56
3,772.62
4,696.89
5,077.45
5,431.95
4,834.81
4,173.03
3,920.21
4,126.41
4,329.9
3,853.15
4,020.6
4,692.08
5,231.53
5,463.95
5,318.29
5,238.84
Revenue per Share
875.98
977.1
1,293.15
1,361.02
1,437.09
1,183.48
1,051.37
505.22
311.29
498.56
490.69
486.79
529.44
568.41
591.49
674.5
622.8
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
224.91
262.9
292.93
450.51
899.7
1,349.56
414.87
928.7
699.77
549.82
722.28
503.3
499.95
159.94
90.85
260.14
464.58
Dividend per Share
3,552.45
4,266.55
5,266.7
6,233.59
6,676.3
6,483.14
7,100.53
6,670.73
6,308.1
6,269.71
6,024.14
5,809.03
5,702.85
6,111.65
6,601.35
7,020.37
6,732.8
Book Value per Share
3,552.45
4,263.19
5,263.76
6,230.07
6,672.22
6,463.84
7,070.12
6,641.57
6,279.43
6,241.54
6,022.47
5,807.42
5,700.72
5,909.34
6,399.89
6,820.15
6,531.59
Tangible Book Value per Share
3,681
3,681
3,681
3,681
3,681
3,681
3,681
3,681
3,681
3,681
3,681
3,674
3,480
3,431
3,395
3,334
3,307
Basic Weighted Avg Shares
11,137,805
13,887,892
17,290,337
18,691,286
19,996,264
17,798,055
15,361,894
14,431,211
15,190,283
15,939,348
14,184,322
14,771,906
16,328,278
17,949,756
18,548,734
17,731,188
17,323,275
Sales/Revenue/Turnover
36.46
31.81
33.99
32.44
30.01
28.41
23.72
12.99
7.07
11.95
13.23
14.02
13.64
12.71
12.9
11.49
9.73
Operating Margin (%)
- -
- -
66,310
86,433
83,448
77,527
63,286
60,095
49,169
64,553
218,443
215,081
249,708
239,070
262,747
290,000
283,560
Depreciation Expense
3,224,681
3,596,918
4,760,382
5,010,240
5,290,279
4,356,661
3,870,319
1,859,818
1,145,937
1,835,305
1,806,337
1,788,496
1,842,434
1,950,266
2,007,947
2,248,781
2,059,403
Net Income, GAAP
24.1
23.5
23.66
24
22.33
22.82
6.66
18.71
18.2
19.31
15.92
19.94
19.52
18.62
18.48
17.82
17.18
Effective Tax Rate (%)
28.95
25.9
27.53
26.81
26.46
24.48
25.19
12.89
7.54
11.51
12.73
12.11
11.28
10.87
10.83
12.68
11.89
Profit Margin (%)
6,137,101
8,833,120
12,160,638
14,106,159
12,826,811
10,446,111
11,236,880
9,404,050
8,390,147
8,922,002
8,083,350
6,690,227
5,489,938
1,859,846
3,213,705
5,111,116
3,135,115
Working Capital
112,518
131,365
108,388
92,797
76,053
61,113
37,146
20,036
5,383
3,580
246,616
113,940
633,670
388,700
105,712
1,322,094
231,417
LT Debt
13,100,598
15,733,951
19,418,738
22,977,687
24,577,013
23,865,950
26,138,703
24,556,507
23,221,589
23,080,261
22,176,248
20,620,964
19,566,906
20,969,511
22,114,350
23,203,101
22,108,665
Total Equity
24.54
22.66
24.79
21.15
19.23
15.91
13.5
5.99
3.67
6.61
6.85
7.59
8.64
8.33
8.03
6.6
5.58
Return on Invested Capital (%)
26.43
24.58
26.95
23.63
22.17
17.98
15.45
7.35
4.84
7.92
8.06
8.33
9.06
9.02
8.92
9.47
8.81
Return on Capital (%)
27.17
24.99
27.13
23.67
22.26
17.99
15.48
7.34
4.8
7.93
7.98
8.36
9.17
9.62
9.32
9.92
9.27
Return on Common Equity (%)

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,421,400
2,486,485
2,469,828
LT Borrowings
1,000,000
- -
- -
LT Finance Leases
322,094
333,736
231,417
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,305
3,284
3,284
Market Capitalization
22,804,136
17,416,454
14,146,950

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
11,215,313
10,774,373
9,876,727
Cash, Cash Equivalents & STI
5,872,748
5,077,983
3,911,459
Accounts Receivable, Net
2,751,091
2,800,810
3,035,792
Inventories
2,176,751
2,430,641
2,504,001
Total Current Liabilities
6,104,197
6,461,882
6,741,612
Payables & Accruals
- -
- -
- -
ST Debt
1,421,400
2,486,485
2,469,828
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.11%
1.09%
4.92%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
-2.01%
4.57%
11.99%
Sales/Revenue/Turnover
0.3%
4.71%
-4.41%
Total Cash Common Dividend
7.25%
6.52%
181.21%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,082,568
4,042,170
5,195,936
5,228,060
18,548,734
2025
3,975,728
4,057,088
- -
4,815,007
17,731,188
2026
3,844,318
4,606,862
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
69.37
57.32
182.93
284.19
591.49
2025
62.89
84.8
- -
358.74
674.5
2026
65.45
114.03
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
90.85
2025
- -
- -
- -
- -
260.14
2026
0.01
467.82
- -
- -
- -
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Business
PT Indocement Tunggal Prakarsa Tbk (INTP.JK) manufactures and sells cement, ready-mix concrete, and aggregates in Indonesia. The company produces Portland Composite Cement (PCC), Ordinary Portland Cement types I, II, and V, Oil Well Cement, White Cement, and White Mortar TR30 under the Tiga Roda brand; Portland Pozzolan Cement under the Rajawali brand; multipurpose mortar, thinbed mortar, and plester plus under the Duracem brand; and Semen Grobogan products following its integration. Indocement operates 14 owned plants plus two leased plants and one grinding mill across Citeureup and Cirebon in West Java, Tarjun in South Kalimantan, Grobogan in Central Java, Maros in South Sulawesi, and Banyuwangi in East Java, achieving a total capacity of 33.5 million tons annually; it serves domestic construction, infrastructure, and industrial markets as Indonesia's second-largest cement producer and sole White Cement maker, with subsidiaries handling ready-mix concrete via Pionirbeton Industri, aggregates and trass quarrying, shipping, and related support services. Founded in 1975 and headquartered in Jakarta, the company functions as a subsidiary of Heidelberg Materials. In late 2023, Indocement acquired PT Semen Grobogan for approximately $97 million plus $260 million in assumed debt, adding 2.7 million tons of annual capacity in Central Java to boost market penetration, logistics efficiency, and sales volumes, which rose 5.9% to 20.5 million tons of cement and clinker in 2024; the company reported net profit of Rp 2.0 trillion for the year and focuses on cost controls, alternative fuels, and operational optimization at Grobogan and Maros amid soft early 2025 demand.