PT Global Digital Niaga Tbk

PT Global Digital Niaga Tbk

IIDX:BELI
272.00
IDR
-2.00
(-0.73%)
-13.19EPS
36.77TMarket Cap
Oct 29Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
35.29
36.28
74.77
147.29
124.01
134.51
167.73
198.31
Basic EPS, GAAP
-25.24
-20.37
-28.15
-53.09
-30.68
-20.37
-17.09
-13.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
29.32
21.63
82.31
85.95
63.1
73.25
68.16
66.67
Tangible Book Value per Share
20.81
13.08
56.8
60.5
38.31
38.31
34.76
33.82
Basic Weighted Avg Shares
118,475
118,475
118,475
103,667
118,683
124,269
133,313
135,417
Sales/Revenue/Turnover
4,181,448
4,298,850
8,857,845
15,269,078
14,717,896
16,715,576
22,361,030
26,854,033
Operating Margin (%)
-114.93
-77.18
-42.42
-32.79
-24.37
-13.97
-8.89
-5.05
Depreciation Expense
73,784
178,838
250,037
432,903
446,453
488,297
557,442
578,755
Net Income, GAAP
-2,990,148
-2,413,072
-3,334,487
-5,503,223
-3,641,715
-2,531,379
-2,278,884
-1,762,192
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-71.51
-56.13
-37.64
-36.04
-24.74
-15.14
-10.19
-6.56
Working Capital
1,943,499
1,372,278
555,253
3,838,637
1,858,558
2,483,310
2,095,119
1,984,891
LT Debt
2,850,000
4,593,822
358,070
318,099
322,880
403,710
420,419
446,738
Total Equity
3,517,347
2,579,034
10,085,059
10,481,816
7,841,768
9,814,964
9,454,333
9,336,174
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-79.95
-54.16
-55.21
-40.91
-29.41
-24.17
-19.46

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,188,034
3,783,113
3,256,034
LT Borrowings
18,193
40,028
33,441
LT Finance Leases
402,226
390,311
413,297
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
135,843
135,843
137,219
Market Capitalization
66,834,699
56,238,954
36,774,688

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,197,181
10,014,145
10,114,740
Cash, Cash Equivalents & STI
1,542,233
1,845,388
1,630,052
Accounts Receivable, Net
2,468,601
2,667,235
2,452,980
Inventories
2,927,198
3,223,884
3,626,468
Total Current Liabilities
7,102,062
8,215,987
8,129,849
Payables & Accruals
- -
- -
- -
ST Debt
3,188,034
3,783,113
3,256,034
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
58.25%
-3.67%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
5.79%
-9.97%
Sales/Revenue/Turnover
- -
44.43%
33.77%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,923,122
3,929,145
4,279,311
4,583,998
16,715,576
2025
4,693,759
4,901,932
- -
7,121,684
22,361,030
2026
7,835,282
6,995,135
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-5.69
-4.12
-5.47
-5.11
-20.37
2025
-4.87
-4.59
- -
-3.21
-17.09
2026
-2.23
-3
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

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

Company Description

CEO
Kusumo Martanto
Full Time Employees
5,070
Sector
Retail trade
Industry
Specialty stores
Address
Jalan Jendral Ahmad Yani No. 34 Kudus JT Indonesia 59317
IPO Date
Nov 8, 2022
Website
blibli.com
Business
PT Global Digital Niaga Tbk (BELI.JK), operating as Blibli, is an Indonesian omnichannel commerce and lifestyle ecosystem pioneer that serves digitally connected retail consumers and institutions through integrated online and offline platforms focused on B2B, B2C, and B2B2C models; headquartered in Kudus, Central Java, and founded in 2010 as part of the Djarum Group. The company operates through four main segments: 1P Retail offering first-party products across categories including consumer electronics, consumer goods, and home and living via its e-commerce platform with features like 2-hour delivery, Fulfillment by Blibli, and Fulfillment at Speed supported by 13 warehouses totaling 202,000 square meters and 23 distribution centers; 3P Retail providing a marketplace for third-party sellers encompassing travel and lifestyle services through its online travel agent tiket.com, which offers flight tickets from 127 airlines, over 3.6 million accommodations, 77,100 activities, and 4,100 events; Institutions delivering B2B and B2G platforms such as Blibli SIPLah for school procurement, Blibli for Business, and e-catalog services for government projects, serving over 138,000 institutional clients; and Physical Stores managing 204 consumer electronics outlets (112 monobrand including hello for Apple, Samsung, and Huawei; 92 multibrand Blibli stores), 60 premium supermarket outlets via 70.6%-owned subsidiary PT Supra Boga Lestari Tbk (Ranch Market; IDX: RANC), and 32 home and living experience centers. Blibli's subsidiaries include tiket.com and Dekoruma, with additional entities such as Global Distribution Niaga Pte. Ltd, PT Global Distribusi Nusantara, and PT Global Kassa Sejahtera; it maintains nationwide operations across Indonesia's major cities with 32 hubs, emphasizing halal-certified warehousing, green delivery via electric vehicles, and AI-driven personalization. Recent developments include the June 2024 acquisition of 99.83% of PT Dekoruma Inovasi Lestari to bolster the home and living category for middle-income segments; the October 2024 completion and operational start of a new tech-powered warehouse in Marunda, West Java; a Rp2.25 trillion capital raise via Capital Increase Without Pre-emptive Rights in Q4 2024; the launch of Unified Membership integrating the Blibli Tiket ecosystem for cross-platform benefits and loyalty via Blibli Tiket Rewards; expansion of physical stores with 38 new consumer electronics outlets added in 2024 including monobrand Huawei, hello (Apple), and Samsung stores; deepened partnerships with global brands like Huawei for omnichannel activations such as the iPhone 17 series launch; and prior integrations like the 2021 acquisition of a 70.6% stake in Ranch Market and 2017 purchase of tiket.com.