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PT Cahaya Aero Services Tbk

PT Cahaya Aero Services Tbk

IIDX:CASS
1,745.00
IDR
+10.00
(+0.58%)
391.82EPS
9.25P/E
3.90TMarket 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
637.32
728.55
781.89
870.06
985.96
1,054.33
1,051.44
585.98
674.38
826.8
1,053.79
1,312.2
1,559.94
1,585.85
Basic EPS, GAAP
53
53.32
56.6
58.06
62.61
-6.65
-66.66
-42.24
16.17
60.68
100.24
179.97
219.09
202.07
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
87.79
91.61
108.7
76.51
103.67
87.37
76.51
31.44
10.24
54.15
71.34
56.26
122.68
5.65
Book Value per Share
144.77
177.71
213.75
302.24
297.29
280.63
210.45
165.57
184.26
244.8
342.87
521.36
737.67
844.53
Tangible Book Value per Share
136.8
169.74
205.55
294.04
289.09
272.43
203.1
158.21
176.91
237.67
335.74
514.23
737.67
844.53
Basic Weighted Avg Shares
2,070
2,087
2,087
2,087
2,087
2,087
2,087
2,087
2,087
2,087
2,087
2,087
2,087
2,087
Sales/Revenue/Turnover
1,319,304
1,520,444
1,631,765
1,815,773
2,057,650
2,200,342
2,194,306
1,222,921
1,407,396
1,725,491
2,199,217
2,738,487
3,255,520
3,309,598
Operating Margin (%)
24.71
22.87
25.35
24.32
24.47
14.58
8.15
0.16
12.49
20.85
23.8
30.99
28.78
29.35
Depreciation Expense
250
1,066
463
4,151
4,743
6,693
5,908
4,685
4,333
- -
- -
- -
- -
- -
Net Income, GAAP
109,715
111,267
118,116
121,169
130,672
-13,871
-139,110
-88,147
33,748
126,645
209,198
375,578
457,224
421,704
Effective Tax Rate (%)
27.12
27.97
29.12
30.94
28.17
41.54
103.09
- -
33.23
26.32
24.02
20.96
21.19
22.29
Profit Margin (%)
8.32
7.32
7.24
6.67
6.35
-0.63
-6.34
-7.21
2.4
7.34
9.51
13.71
14.04
12.74
Working Capital
176,470
241,884
515,433
593,027
157,416
101,826
-156,172
-312,672
-144,825
4,269
254,105
1,056,572
1,508,255
1,630,315
LT Debt
121,917
158,392
212,443
359,984
321,539
285,403
70,841
46,462
27,089
37,680
26,999
66,246
94,152
90,763
Total Equity
408,271
489,589
558,417
810,981
768,475
766,888
589,042
454,205
583,716
762,613
1,032,428
1,622,415
2,251,293
2,338,830
Return on Invested Capital (%)
- -
37.06
32.62
26.14
26.41
14.54
-1.18
- -
20.39
34.76
38.49
40.19
34.7
32.59
Return on Capital (%)
- -
-4.76
-3.49
-2.19
-1.65
-12.14
-25.23
- -
-7.36
-3.04
0.1
3.43
4.15
1.77
Return on Common Equity (%)
- -
33.07
28.92
22.5
20.89
-2.3
-27.15
-22.47
9.25
28.29
34.11
41.65
34.8
28.66

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
64,376
68,097
56,957
LT Borrowings
- -
- -
- -
LT Finance Leases
94,152
97,822
90,763
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,087
2,087
2,087
Market Capitalization
5,342,592
3,735,641
3,902,597

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,274,727
2,353,068
2,256,099
Cash, Cash Equivalents & STI
1,774,110
1,903,709
1,737,156
Accounts Receivable, Net
401,792
367,201
428,477
Inventories
36,459
32,827
38,562
Total Current Liabilities
766,472
632,504
625,784
Payables & Accruals
- -
- -
- -
ST Debt
64,376
68,097
56,957
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.41%
38.09%
38.76%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
106.95%
60.69%
21.74%
Sales/Revenue/Turnover
9.55%
21.71%
18.88%
Total Cash Common Dividend
40.9%
98.03%
118.05%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
618,533
680,059
720,536
719,359
2,738,487
2025
727,047
813,391
- -
882,245
3,255,520
2026
779,710
834,252
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35.27
51.75
37.82
55.12
179.97
2025
45.02
48.85
- -
47.64
219.09
2026
43.1
62.47
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
3.77
2.36
56.26
2025
- -
- -
- -
5.65
122.68
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Andya Daniswara
Full Time Employees
2,299
Sector
Transportation
Industry
Other transportation
Address
Manor Building Jakarta Indonesia 15126
IPO Date
Dec 5, 2011
Website
casgroup.co.id
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Business
PT Cahaya Aero Services Tbk provides integrated aviation support services and food solutions in Indonesia. The company offers ground handling including passenger baggage and aircraft handling, ground support equipment usage, premium lounge operations, airport special assistance, and commercial training; cargo handling encompassing buildup, breakdown, documentation, transfer, transit, storage, and special cargo services; aircraft maintenance, repair, and overhaul services such as certification, technical ramp handling, ground support equipment provision, bonded stores, wheels and brakes maintenance, exterior and interior cleaning, engine borescope inspections, labor utilization, and non-destructive testing; facility management including housekeeping, laundry, gardening, accommodation, transportation, and aircraft cleaning; aviation training with flight simulators; and food solutions comprising inflight catering, raw food trading, and industrial catering. PT Cahaya Aero Services Tbk, formerly PT Cardig Aero Services Tbk, operates through business units including CAS Destination for air transportation support, CAS Food for catering services, CAS Facility for facility management, laundry, parking, and aircraft cleaning, and CAS People for flight training; it serves airlines and industrial customers across 12 airports for passenger handling and 17 airports for repair and maintenance, with over 40 years of experience primarily supporting Soekarno-Hatta International Airport and other locations throughout Indonesia. Founded in 1984 and headquartered at Wisma Soewarna, 3rd Floor, Soekarno-Hatta International Airport, Tangerang, Banten, the company changed its name from PT Cardig Aero Services Tbk in April 2025 following a shift in shareholder composition with PT Elang Mahkota Teknologi Tbk becoming the controlling shareholder in April 2024; it also relocated its registered office from Jakarta to Tangerang to enhance synergy with operational centers, clients, airport operators, and regulators in the aviation ecosystem.