PT OBM Drilchem Tbk

PT OBM Drilchem Tbk

IIDX:OBMD
170.00
IDR
0.00
(0.00%)
No data availableFinancial data will appear here once available

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Revenue

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Company Description

CEO
Ryanto Husodo
Full Time Employees
45
Sector
Process industries
Industry
Chemicals: major diversified
Address
Dipo Tower Building Jakarta JK Indonesia 10260
IPO Date
Dec 8, 2021
Business
PT OBM Drilchem Tbk manufactures and provides specialty drilling fluid additives to the global oil and gas drilling industry, focusing on fiber-based technologies to prevent fluid loss, enhance wellbore stability, and optimize drilling efficiency. The company's core products include FRACSEAL, finely sized organic cellulose fibers used to minimize fluid invasion, stabilize unconsolidated sand formations, reduce torque and drag in deviated wells, stabilize shale and coal beds, and improve return permeability; DRIL-EZY (also known as DRIL-EAZY), an acid-soluble additive designed to protect producing formations during drilling operations; STOPLOSS, a proprietary single-sack blend of loss circulation materials (LCM) effective for treating severe to total fluid loss with lower concentrations; SOLU-SEAL, a reactive single-sack LCM blend for curing severe losses in producing formations without additional materials; and QUICKSEAL, a blend of organic cellulose fibers in varying sizes and shapes for lost circulation control. These products cater to major international and local oil and gas operators, including Pertamina, Total, SKK Migas, BP Indonesia, Chevron, PGN, and Saudi Aramco. Founded in 1996 by Mohammad As’ad and Ryanto Husodo and headquartered at Dipo Business Center, 7th Floor Suite 7E, Jl. Gatot Subroto Kav. 50-52, Jakarta, Indonesia, the company operates globally through a network of distributors and agents, with production facilities supporting customers worldwide. In recent developments, PT OBM Drilchem Tbk listed its shares on the Indonesia Stock Exchange (IDX: OBMD) via initial public offering on December 8, 2021, raising funds to expand production capacity by 30-50%, enhance working capital, improve storage and distribution channels, and strengthen human resources amid participation in international tenders in markets such as India, Kuwait, and New Zealand. The company issued its Annual Report for 2024, reflecting ongoing revenue growth to approximately IDR 159.94 billion (TTM) and net income of IDR 32.94 billion, with 47 employees driving operations.