PT Ifishdeco Tbk

PT Ifishdeco Tbk

IIDX:IFSH
1,315.00
IDR
-95.00
(-6.74%)
51.21EPS
26.01P/E
1.94TMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
238.17
510.74
186.62
426.48
441.9
743.71
505.81
520.47
569.65
Basic EPS, GAAP
18.55
52.61
15.03
79.77
93.74
109.63
43.51
37.51
38.83
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
7.06
2.24
- -
8
23.93
27.88
31.4
16.01
2.96
Book Value per Share
121.7
247.71
248.11
301.78
369.28
405.51
419.28
442.72
437.37
Tangible Book Value per Share
121.34
247.35
247.75
301.42
368.87
405.05
418.82
441.57
435.57
Basic Weighted Avg Shares
2,125
2,125
2,125
2,125
2,125
1,927
1,923
1,923
1,923
Sales/Revenue/Turnover
506,109
1,085,328
396,573
906,259
939,031
1,433,217
972,710
1,000,945
1,095,534
Operating Margin (%)
10.23
10.58
3
8.72
17.02
20.07
15.69
20.21
27.65
Depreciation Expense
2,487
13,299
21,183
21,296
23,782
26,131
28,459
30,138
71,957
Net Income, GAAP
39,425
111,790
31,935
169,518
199,187
211,261
83,666
72,141
74,675
Effective Tax Rate (%)
15.06
25.72
46.28
22.06
22.04
25.16
30.21
30.96
23.82
Profit Margin (%)
7.79
10.3
8.05
18.71
21.21
14.74
8.6
7.21
6.82
Working Capital
-86,285
44,406
151,633
242,623
248,932
219,608
229,616
334,121
553,751
LT Debt
4,674
5,983
15,209
13,243
29,276
19,948
32,332
25,465
23,876
Total Equity
265,133
518,844
511,283
641,436
781,738
785,885
838,037
913,161
895,768
Return on Invested Capital (%)
- -
16.42
1.07
9.61
14.8
22.79
11.05
10.74
20.1
Return on Capital (%)
- -
27.41
8.15
29.51
26
23.02
7.87
4.36
5.75
Return on Common Equity (%)
- -
28.48
6.06
29.01
27.94
27.01
10.55
8.7
9.17

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,199
6,145
31,037
LT Borrowings
20,770
20,731
19,939
LT Finance Leases
4,694
4,319
3,938
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,923
1,923
1,923
Market Capitalization
1,519,286
3,721,290
1,942,530

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
450,951
519,945
666,661
Cash, Cash Equivalents & STI
112,302
175,364
262,311
Accounts Receivable, Net
241,576
258,420
286,448
Inventories
21,655
789
584
Total Current Liabilities
116,831
140,333
112,910
Payables & Accruals
- -
- -
- -
ST Debt
7,199
6,145
31,037
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.69%
8.96%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
76.04%
-13.78%
Sales/Revenue/Turnover
- -
31.11%
2.9%
Total Cash Common Dividend
- -
- -
-49.02%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
170,017
276,945
262,336
263,412
972,710
2025
207,270
129,110
- -
332,129
1,000,945
2026
296,771
337,524
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-3.52
13.52
11.3
22.2
43.51
2025
3.23
-9.14
- -
27.43
37.51
2026
-3.41
23.95
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
1.57
31.4
2025
- -
- -
- -
2.96
16.01
2026
- -
- -
- -
- -
- -

Company Description

CEO
Muhammad Ishaq
Full Time Employees
205
Sector
Non-energy minerals
Industry
Other metals/Minerals
Address
Sahid Sudirman Center Jakarta JK Indonesia 10220
IPO Date
Dec 5, 2019
Business
PT Ifishdeco Tbk PT Ifishdeco Tbk (IFSH.JK) operates as an integrated nickel mining company engaged in the exploration, development, production, transportation, trading, and sales of nickel ore and silica ore; through its subsidiary PT Bintang Smelter Indonesia, it processes, transports, trades, and sells nickel pig iron (NPI) and ferronickel alloy (FeNi). The company manages mining concessions totaling 2,580 hectares, including 800 hectares under operation/production permits in Tinanggea, South Konawe Regency, Southeast Sulawesi, Indonesia, supplying raw materials to multinational smelters operating domestically and internationally. Headquartered on the 42nd floor of Sahid Sudirman Center in Jakarta, with a branch office in Kendari, Southeast Sulawesi, PT Ifishdeco Tbk traces its origins to 1971, initially in fisheries before pivoting to agribusiness plantations in 1989 and discovering nickel and iron deposits on former cashew lands between 2005 and 2008, leading to a Nickel IUP Exploration Mining License in 2008, an upgrade to operation/production permit in 2010, and commercial nickel ore sales starting in 2011. In recent developments, PT Ifishdeco Tbk pursued capital strengthening through a planned rights issue of up to 425 million new shares, equivalent to 20% of issued capital, approved at an Extraordinary General Meeting of Shareholders on April 30, 2024, to attract local and foreign investors for nickel mining business expansion and acquisitions. The company maintains focus on critical minerals downstream industrialization aligned with Indonesian government clean energy objectives, operating across nickel mining and processing, silica mining, and mining services segments without reported new partnerships, product launches, or reorganizations in 2024-2025.