1. Indonesia Stocks

  2. •

    Non-energy minerals

  3. •

    Precious metals
PT PAM Mineral Tbk

PT PAM Mineral Tbk

IIDX:NICL
268.00
IDR
-2.00
(-0.74%)
5.02TMarket Cap
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
19.46
48.65
118.95
112.29
135.63
138.5
- -
Basic EPS, GAAP
-1.28
-1.7
-1.46
3.27
5.26
15.5
2.65
29.9
32.39
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
7.05
17.5
41.99
- -
Book Value per Share
-4.8
-6.5
-7.96
10.98
35.87
51.37
69.98
82.39
72.76
78.16
Tangible Book Value per Share
-4.8
-6.5
-7.96
10.98
35.87
51.37
69.98
82.11
72.46
77.86
Basic Weighted Avg Shares
9,663
9,663
9,663
9,663
8,622
9,663
10,165
10,636
10,636
10,635
Sales/Revenue/Turnover
- -
- -
- -
188,022
419,447
1,149,395
1,141,463
1,442,490
1,473,081
- -
Operating Margin (%)
- -
- -
- -
26.23
14.51
17.41
3.93
28.71
30.35
- -
Depreciation Expense
9,956
9,923
8,345
1,652
2,846
3,821
6,118
7,746
8,064
- -
Net Income, GAAP
-12,370
-16,378
-14,068
31,575
45,362
149,730
26,924
318,045
344,455
- -
Effective Tax Rate (%)
- -
- -
- -
28.39
25.76
25.8
41.85
23.21
24.63
- -
Profit Margin (%)
- -
- -
- -
16.79
10.81
13.03
2.36
22.05
23.38
- -
Working Capital
3,988
-1,564
-8,818
45,746
269,968
420,886
376,497
444,817
234,594
207,828
LT Debt
94,560
104,812
104,270
47
136
- -
2,090
307
- -
- -
Total Equity
-46,424
-62,797
-76,869
106,780
347,094
497,316
745,470
878,185
776,429
834,225
Return on Invested Capital (%)
- -
- -
- -
47.87
18.2
32.7
4.02
37.07
38.81
- -
Return on Capital (%)
- -
- -
- -
47.93
19.86
35.22
4.29
38.89
41.44
- -
Return on Common Equity (%)
- -
- -
- -
- -
20.04
35.53
4.34
39.25
41.75
- -

Capital Structure

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,705
1,399
1,399
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
10,636
10,636
10,636
Market Capitalization
12,922,309
8,614,872
5,020,024

Working Capital

IDR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
308,466
455,321
312,900
Cash, Cash Equivalents & STI
240,905
297,630
245,103
Accounts Receivable, Net
7,875
76,056
3,318
Inventories
7,084
27,896
20,513
Total Current Liabilities
73,872
151,160
105,072
Payables & Accruals
- -
- -
- -
ST Debt
1,705
1,399
1,399
Deferred Revenue
- -
- -
- -

Growth Rates

IDR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
64.89%
-11.59%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
- -
256.25%
8.3%
Sales/Revenue/Turnover
- -
64.98%
2.12%
Total Cash Common Dividend
- -
- -
140.02%

Quarterly Revenue

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
116,800
302,395
402,160
621,136
1,442,490
2025
543,911
512,741
- -
119,366
1,473,081
2026
295,057
179,356
- -
- -
- -

Quarterly Earnings Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.15
5.76
9.38
13.61
29.9
2025
18.13
15.48
- -
-5.31
32.39
2026
11.15
0.25
- -
- -
- -

Quarterly Dividends Per Share

IDR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
5
9
17.5
2025
- -
- -
- -
- -
41.99
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ruddy Tjanaka
Full Time Employees
373
Sector
Non-energy minerals
Industry
Precious metals
Address
Jl. Batu Jajar, No. 37 Jakarta Pusat JK Indonesia 10120
IPO Date
Jul 9, 2021
Website
pammineral.co.id
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Business
PT PAM Mineral Tbk PT PAM Mineral Tbk is an Indonesia-based nickel mining company that, together with its subsidiary PT Indrabakti Mustika, engages in the exploration, mining, processing, and trading of nickel ores; mining and quarrying of other minerals including mica, leucite, jarosite, zeolite, whetstone, natural graphite, steatite, siliceous fossil flour, ochre, and toseki; mining construction services; maintenance services for water and pipelines; and supporting services for mining activities such as coal, uranium, thorium ores, iron sand, iron ore, and mineral water exploitation. The company operates two primary nickel mining concession areas covering 198 hectares in Laroenai Village, Bungku Pesisir District, Morowali Regency, Central Sulawesi Province, and 576 hectares in Lameruru Village, Langgikima District, North Konawe Regency, Southeast Sulawesi Province, targeting domestic and export markets within the metals and mining industry. Founded in 2008 and headquartered in Jakarta Pusat, Indonesia, PT PAM Mineral Tbk maintains operations exclusively in Indonesia as part of the PAM Group. In recent developments, the company continues to pursue the acquisition of up to 50% of PT Sumber Mineral Abadi through a conditional new share purchase agreement initially signed in September 2023, with addendums extending timelines into 2024 and ongoing approvals pending from the Minister of Energy and Mineral Resources as of 2025, aiming to boost nickel production from 2.1 million tonnes to 2.6 million tonnes and support a 2025 profit target of IDR 650 billion; it also reported strong financial growth with H1 2025 revenue surging 33.9% year-over-year to IDR 1.1 trillion and net profit reaching IDR 357.5 billion in Q2 2025.