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    Process industries

  3. •

    Chemicals: specialty
PT Madusari Murni Indah Tbk

PT Madusari Murni Indah Tbk

IIDX:MOLI
390.00
IDR
+10.00
(+2.63%)
52.37EPS
5.46P/E
648.32BMarket Cap
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
296.23
368.25
415.65
514.35
417.31
540.61
591.79
556.28
531.65
511.21
549.92
561.79
Basic EPS, GAAP
24.15
10.15
27.21
33.56
18.64
24.26
10.97
8.27
30.66
4.75
27.7
43.62
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
12
19.63
33.31
71.69
10.5
4.93
- -
- -
- -
3.67
- -
- -
Book Value per Share
297.52
365.91
330.55
372.61
379.17
442.4
385.6
394.45
426.25
427.23
454.15
469.91
Tangible Book Value per Share
297.52
365.91
330.55
372.61
349.9
395.92
339.04
347.66
381.17
382.45
412.03
427.8
Basic Weighted Avg Shares
2,724
2,724
2,724
2,315
2,690
2,724
2,724
2,724
2,724
2,724
2,724
2,724
Sales/Revenue/Turnover
806,950
1,003,128
1,132,233
1,190,490
1,122,523
1,472,642
1,612,054
1,515,320
1,448,229
1,392,544
1,497,999
1,530,338
Operating Margin (%)
11.74
5.68
10.79
12.59
9.47
9.38
6.75
4.85
7.56
3.97
10.15
12.95
Depreciation Expense
9,531
12,116
12,438
13,479
15,293
11,966
13,565
10,567
10,511
10,630
10,584
10,493
Net Income, GAAP
65,781
27,637
74,114
77,683
50,144
66,091
29,874
22,523
83,513
12,950
75,456
118,809
Effective Tax Rate (%)
21.64
47.6
24.3
27.01
26.09
24.85
34.21
31.61
21.69
46.59
22.32
24.5
Profit Margin (%)
8.15
2.76
6.55
6.53
4.47
4.49
1.85
1.49
5.77
0.93
5.04
7.76
Working Capital
624,160
592,785
467,443
631,857
530,293
472,691
552,851
512,838
556,127
568,821
702,536
766,257
LT Debt
958
157
16
215,935
182,310
166,650
116,285
72,042
17,592
592
- -
- -
Total Equity
921,584
1,155,229
1,068,298
1,162,966
1,180,789
1,389,989
1,224,986
1,255,701
1,350,608
1,354,172
1,442,033
1,490,526
Return on Invested Capital (%)
- -
2.52
6.86
7.08
4.52
5.36
3.6
2.78
4.56
1.61
6.47
9.17
Return on Capital (%)
- -
2.46
5.25
5.08
3.97
4.21
2.75
2.25
5.57
1.32
4.27
6.18
Return on Common Equity (%)
- -
3.06
7.81
8.11
4.9
5.91
2.65
2.12
7.47
1.11
6.29
9.65

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
13,255
18
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,724
2,724
2,724
Market Capitalization
833,555
724,594
648,321

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
805,033
843,748
914,016
Cash, Cash Equivalents & STI
68,804
107,662
149,126
Accounts Receivable, Net
333,981
274,022
349,631
Inventories
359,214
282,122
215,050
Total Current Liabilities
102,497
97,868
147,759
Payables & Accruals
- -
- -
- -
ST Debt
13,255
18
- -
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.09%
0.99%
6.49%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
70.09%
117.91%
482.65%
Sales/Revenue/Turnover
7.06%
0.55%
7.57%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
306,183
316,556
423,354
323,959
1,392,544
2025
384,974
332,244
385,098
414,583
1,497,999
2026
319,166
411,490
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.12
1.19
5.22
-3.78
4.75
2025
2.72
4.57
9.16
11.25
27.7
2026
10.54
12.67
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.67
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Jose Gonjoran Tan
Full Time Employees
695
Sector
Process industries
Industry
Chemicals: specialty
Address
Jl. Sumber Waras No. 255 Malang JI Indonesia 65216
IPO Date
Aug 30, 2018
Website
molindo.co.id
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Business
PT Madusari Murni Indah Tbk is an Indonesia-based holding company engaged in the production and distribution of basic chemicals including food-grade ethanol, liquid carbon dioxide, dry ice, fertilizers, and related products through its subsidiaries. The company manufactures prime grade ethanol, super fine grade ethanol, extra super fine grade ethanol, absolute ethanol under the Molindo Ethanol brand; liquid CO2, dry ice, and dry ice blasting under the Molindo CO2 brand; potassium fertilizer and organic fertilizer under the Molindo Fertilizer brand; as well as trades adhesives, stretch films, and provides piping services, tank cleaning, blasting, and transportation of liquid CO2, dry ice, dangerous goods, fuel oil, and petroleum. It operates primarily in the food and beverage, pharmaceutical, cosmetic, cigarette, hospital, furniture, ink, printing, fuel, and welding industries across Indonesia with manufacturing facilities in Malang Regency, East Java; founded in 1959 and headquartered in Lawang, Malang, Indonesia. The company went public on the Indonesia Stock Exchange under ticker MOLI.JK in August 2018. Subsidiaries include PT Molindo Raya Industrial, which produces ethanol and fertilizers (81.41% owned); PT Sumber Kita Indah, focused on sales and distribution (95.20% owned); and following a recent merger effective January 1, 2025, PT Molindo Inti Gas operations for liquid CO2 and dry ice production have been integrated into PT Molindo Raya Industrial pursuant to Notarial Deed No. 123 dated December 16, 2024, approved by the Ministry of Law and Human Rights on December 19, 2024.