1. Indonesia Stocks

  2. •

    Producer manufacturing

  3. •

    Office equipment/Supplies
PT Gema Grahasarana Tbk

PT Gema Grahasarana Tbk

IIDX:GEMA
73.00
IDR
+1.00
(+1.39%)
11.33EPS
6.68P/E
119.78BMarket 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
410.95
394.74
523.4
589.24
2,764.34
735.42
742.04
615.22
694.02
693.3
792.49
896.32
935.46
953.85
Basic EPS, GAAP
11.56
11.39
15.53
19.2
74.66
13.51
16.15
0.79
8.03
0.13
8.52
11.46
13.27
11.24
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
6.2
1.47
1.42
3.2
35
5
5
5
- -
- -
- -
5
3
- -
Book Value per Share
91.35
102.18
117.38
246.67
253.39
266.09
241.29
237.22
249.36
249.79
255.81
271.15
279.98
271.14
Tangible Book Value per Share
91.35
98.32
112.87
238.19
244.03
257.99
232.72
229.52
243.14
243.96
250.63
266.06
274.14
265.49
Basic Weighted Avg Shares
1,600
1,600
1,600
1,600
320
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,600
1,599
Sales/Revenue/Turnover
657,526
631,524
837,433
942,776
884,589
1,176,679
1,187,270
984,347
1,110,432
1,109,283
1,267,991
1,434,110
1,496,504
1,525,313
Operating Margin (%)
7.5
6.04
5.62
5.13
4.56
4.89
5.96
3.97
4.45
4.39
4.09
5.17
3.82
4.07
Depreciation Expense
6,208
5,993
6,458
6,201
7,378
8,278
9,782
23,134
27,154
45,224
36,883
37,355
37,993
31,640
Net Income, GAAP
18,499
18,226
24,856
30,716
23,890
21,624
25,846
1,261
12,851
208
13,637
18,331
21,235
17,966
Effective Tax Rate (%)
44.47
25.44
18.71
13.1
11.59
32.07
22.35
85.33
22.71
94.29
50.54
44.92
20.18
18.72
Profit Margin (%)
2.81
2.89
2.97
3.26
2.7
1.84
2.18
0.13
1.16
0.02
1.08
1.28
1.42
1.18
Working Capital
125,954
102,974
120,106
117,406
111,532
133,125
106,157
56,550
23,485
2,677
16,555
72,784
98,645
75,215
LT Debt
34,678
1,933
719
1,086
14,317
80,199
69,588
110,525
98,195
79,006
67,907
80,212
90,153
75,192
Total Equity
146,567
163,823
188,172
395,463
405,918
426,043
408,271
370,843
390,478
391,646
401,240
425,797
439,226
425,155
Return on Invested Capital (%)
10.84
11.85
14.24
10.51
6.14
5.52
7.95
0.87
5.35
0.37
3.42
5.14
5.46
5.98
Return on Capital (%)
10.93
11
13.11
10.27
7.07
5.77
7.14
0.85
5.5
0.23
3.7
4.7
5.5
5.38
Return on Common Equity (%)
12.85
11.77
14.15
10.55
5.97
5.2
6.37
0.33
3.3
0.05
3.37
4.35
4.82
4.14

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
374,378
400,635
433,445
LT Borrowings
76,995
72,146
66,950
LT Finance Leases
13,158
10,735
8,242
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,597
1,597
1,597
Market Capitalization
154,909
138,939
119,775

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
717,705
766,562
761,339
Cash, Cash Equivalents & STI
34,350
34,587
75,885
Accounts Receivable, Net
182,298
213,365
181,341
Inventories
195,214
216,727
211,768
Total Current Liabilities
619,060
675,609
686,124
Payables & Accruals
- -
- -
- -
ST Debt
374,378
400,635
433,445
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.17%
3.46%
3.15%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
725.24%
1,467.23%
15.84%
Sales/Revenue/Turnover
6.77%
8.89%
4.35%
Total Cash Common Dividend
- -
- -
-40%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
341,684
329,952
327,624
434,850
1,434,110
2025
379,387
355,076
- -
456,789
1,496,504
2026
336,758
376,689
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.35
1.12
0.54
8.45
11.46
2025
1.64
7.06
- -
10.1
13.27
2026
-4.5
-1.44
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
5
-0.08
5
2025
- -
- -
- -
- -
3
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
William Simiadi
Full Time Employees
602
Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
SOUTH78 Tangerang BT Indonesia 15334
IPO Date
Aug 12, 2002
Website
ggs.co.id
Similar Companies
West Coast Paper Mills Limited (NSE:WSTCSTPAPR)
Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalat Sanayi A.S. (BIST:GIPTA)
Gentas Dekoratif Yuzeyler Sanayi ve Ticaret A.S. (BIST:GENTS)
DOMS Industries Limited (NSE:DOMS)
Euro Pratik Sales Limited (NSE:EUROPRATIK)
Konica Minolta, Inc. (TSE:4902)
Business
PT Gema Grahasarana Tbk operates as an Indonesia-based interior contractor, furniture manufacturer and distributor serving commercial, office, residential, hospitality and multi-industrial clients including Fortune 500 and multinational companies; the company offers interior fit-outs and contracting services, customized wooden furniture, panels, office and home furnishings, metal and rattan products, furniture components, mechanical and electrical installations, maintenance, logistics, and e-commerce trading of laminated materials, house and office equipment, and interior components through segments of Interior, Furniture, Mechanical and Electrical, and Distribution and Trading. Founded in 1984 and headquartered in Tangerang, Banten, Indonesia, with factories in Cikarang West Java, Sukaharja Pasar Kemis Tangerang, Kawasan Modern Cikande Banten, Taman Industri Jatibarang Mijen Semarang, and Cirebon, the company conducts operations domestically across Java and Bali including stores in Jakarta, Surabaya and Bali, and pursues international export activities under the Aida Rattan brand for high-craftsmanship rattan furniture. PT Gema Grahasarana Tbk, a subsidiary of PT Virucci Indogriya Sarana which holds approximately 74.74% ownership, listed on the Indonesia Stock Exchange in 2002 under ticker GEMA.JK and relaunched under the VIVERE Group brand; key subsidiaries include PT Laminatech Kreasi Sarana for laminated interior materials trading, PT Vivere Multi Kreasi, and PT Prasetya Gemamulia. In recent developments, the company marked its 40th anniversary in 2024, continues integrated expansion across its four business segments with subsidiaries for synergistic growth, and attracted new investors such as one acquiring 85.92 million shares or 5.37% stake through PT Bank HSBC Indonesia within the last year.