PT Indo Kordsa Tbk

PT Indo Kordsa Tbk

IIDX:BRAM
4,510.00
IDR
0.00
(0.00%)
240.24EPS
26.89P/E
2.03TMarket 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
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
0.3
Basic EPS, GAAP
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
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
- -
0.01
0.01
0.01
0.04
0.03
0.01
0.04
0.03
0.03
0.02
- -
- -
Book Value per Share
0.32
0.35
0.37
0.4
0.44
0.45
0.45
0.43
0.44
0.47
0.47
0.48
0.47
0.47
Tangible Book Value per Share
0.31
0.34
0.36
0.39
0.44
0.45
0.45
0.43
0.43
0.46
0.47
0.47
0.46
0.47
Basic Weighted Avg Shares
450
450
450
450
450
450
450
450
450
450
450
450
450
450
Sales/Revenue/Turnover
200
208
208
220
242
264
246
168
260
335
252
231
124
133
Operating Margin (%)
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
5.71
Depreciation Expense
- -
1
1
1
1
1
- -
- -
- -
- -
- -
1
1
1
Net Income, GAAP
5
14
10
19
22
17
14
-4
25
32
15
12
-2
4
Effective Tax Rate (%)
33.97
27.05
31.23
28.15
27.89
28.49
29
- -
26.18
23
29.93
29.24
204.69
39.77
Profit Margin (%)
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
3.16
Working Capital
33
32
46
53
68
58
63
57
62
75
61
61
67
61
LT Debt
11
44
43
28
27
15
13
8
5
4
3
2
2
2
Total Equity
162
178
183
198
217
220
221
209
210
222
226
226
223
224
Return on Invested Capital (%)
3.1
7.71
6.01
10.02
10.68
8.35
6.39
- -
11.57
15.12
7.36
5.59
0.65
3.27
Return on Capital (%)
2.41
5.94
4.35
7.63
8.97
6.51
5.56
- -
10.52
12.86
5.74
4.26
-1.76
1.09
Return on Common Equity (%)
3.26
9.44
6.43
11.18
11.76
8.4
6.62
-1.96
12.8
15.76
7.26
5.61
-1.09
1.96

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
450
450
450
Market Capitalization
123
119
113

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
102
115
107
Cash, Cash Equivalents & STI
22
36
24
Accounts Receivable, Net
22
27
36
Inventories
31
33
36
Total Current Liabilities
35
42
46
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

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

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
56
63
61
51
231
2025
42
20
- -
30
124
2026
37
46
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

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

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.01
0.02
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Salih Kahraman
Full Time Employees
1,263
Sector
Process industries
Industry
Textiles
Address
Jalan Pahlawan Bogor JB Indonesia 16810
IPO Date
Sep 5, 1990
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.