1. Indonesia Stocks

  2. •

    Consumer Defensive

  3. •

    Packaged Foods
PT Nippon Indosari Corpindo Tbk

PT Nippon Indosari Corpindo Tbk

ROTI.JK
PT Nippon Indosari Corpindo TbkID flagIndonesia Stock Exchange
615.00
IDR
+5.00
- -
3.46TMarket Cap
PT Nippon Indosari Corpindo Tbk
ROTI.JK
(Indonesia Stock Exchange)

Recent

price

615.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
130.55
160.68
235.26
297.43
371.46
429.59
498.3
472
449.7
546.45
537.4
538.81
682.66
669.9
689.44
665.86
669.21
Revenue per Share
21.28
22.9
29.47
31.22
37.27
53.45
55.32
27.66
28.07
49.29
35.98
46.48
74.98
58.44
63.57
45.81
51.29
Basic EPS, GAAP
-28.87
-45.03
-84.97
-103.06
-78.25
-47.71
-34.42
-64.82
-59.16
-89.51
-76.21
-35.79
-32.25
-22.58
-19.09
-20.77
-19.96
Free Cash Flow per Basic Share
- -
4.93
5.73
7.37
3.12
5.53
10.61
13.17
5.85
9.78
25.02
48.72
60.05
106.55
87.67
79.74
- -
Dividend per Share
60.23
73.78
97.52
119.32
153.82
199.99
241.64
248.01
235.87
274.62
292.15
285.19
316.12
268.72
254.83
221.82
190.01
Book Value per Share
97.12
107.58
131.41
152.99
187.02
233.29
272.81
522.54
464.15
495.12
524.66
453.03
446.52
400.65
386.72
344.93
313.54
Tangible Book Value per Share
4,689
5,062
5,062
5,062
5,062
5,062
5,061
5,278
6,152
6,107
5,977
6,102
5,764
5,703
5,703
5,643
5,648
Basic Weighted Avg Shares
612,192
813,342
1,190,826
1,505,520
1,880,263
2,174,502
2,521,921
2,491,100
2,766,546
3,337,022
3,212,035
3,287,623
3,935,182
3,820,533
3,932,170
3,757,615
3,779,846
Sales/Revenue/Turnover
21.58
19.22
16.74
15.54
15.68
20.74
17.21
10.01
6.39
10.37
7.75
12.51
16.14
12.43
13.04
9.95
10.78
Operating Margin (%)
3,287
4,858
9,706
13,622
19,991
18,510
19,760
23,917
27,823
43,414
70,450
67,944
62,848
60,788
52,507
48,074
53,826
Depreciation Expense
99,775
115,933
149,150
158,015
188,648
270,539
279,961
145,981
172,687
301,002
215,051
283,604
432,220
333,291
362,566
258,516
289,717
Net Income, GAAP
25.91
25.18
25.35
25.04
25.39
28.48
24.27
27.28
31.97
31.86
- -
25.16
24.54
22.12
22.76
22.97
22.34
Effective Tax Rate (%)
16.3
14.25
12.52
10.5
10.03
12.44
11.1
5.86
6.24
9.02
6.7
8.63
10.98
8.72
9.22
6.88
7.66
Profit Margin (%)
120,391
42,065
24,362
43,684
112,708
417,071
628,913
1,292,761
1,350,987
767,473
1,145,050
798,844
673,255
495,846
433,417
263,490
69,693
Working Capital
- -
33,072
296,844
656,395
787,745
994,405
995,988
498,210
705,762
205,759
512,099
521,091
521,350
524,513
510,866
456,252
493,233
LT Debt
455,452
546,441
666,608
776,964
953,583
1,188,535
1,442,752
2,820,106
2,916,901
3,092,597
3,246,597
2,869,591
2,681,159
2,393,432
2,308,155
2,044,965
1,872,440
Total Equity
26.29
22.13
19.05
14.52
13.6
16.11
14.11
5.67
3.15
6.2
- -
8.54
14.27
11.61
13.07
10.09
10.74
Return on Invested Capital (%)
38.09
33.65
24.8
17.14
15.56
18.51
16.37
9.44
11.55
17.36
- -
14.14
20.31
16.82
19.36
15.46
16.26
Return on Capital (%)
44.35
35.35
34.4
28.79
27.29
30.21
25.05
11.53
12.51
19.24
12.56
16.27
24.27
19.87
24.28
19.11
25.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
112,232
111,984
510,295
LT Borrowings
495,698
489,667
483,635
LT Finance Leases
15,168
12,381
9,598
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5,693
5,665
5,629
Market Capitalization
5,530,853
5,309,358
4,631,567

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,044,137
1,032,892
1,049,977
Cash, Cash Equivalents & STI
430,946
325,032
342,429
Accounts Receivable, Net
436,642
446,555
449,233
Inventories
156,864
162,924
147,828
Total Current Liabilities
610,720
592,252
980,283
Payables & Accruals
- -
- -
- -
ST Debt
112,232
111,984
510,295
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.74%
-8.77%
-11.4%
Free Cash Flow
0.29%
-21.1%
7.64%
Net Income, GAAP
6.11%
8.29%
-28.7%
Sales/Revenue/Turnover
6.03%
3.52%
-4.44%
Total Cash Common Dividend
45.24%
32.62%
-10%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
951,270
972,089
1,051,442
957,369
3,932,170
2025
859,637
911,399
1,015,143
- -
3,757,615
2026
870,966
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
12.94
- -
- -
- -
63.57
2025
4.09
- -
- -
- -
45.81
2026
0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
87.67
2025
- -
- -
- -
- -
79.74
2026
- -
- -
- -
- -
- -
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Business
PT Nippon Indosari Corpindo Tbk (ROTI.JK) operates as Indonesia's first and largest mass-produced bread company, manufacturing and distributing a wide range of bakery products under the Sari Roti, Sari Kue, and Sari Choco brands; its core offerings include white bread such as Roti Tawar Jumbo Spesial, Roti Tawar Kupas, Roti Tawar Kupas Jumbo, and Roti Tawar Double Soft Milky, sweet breads, cakes, milk, jam, processed dairy products, fruit and vegetable juices, soft drinks, chocolate-based foods, and confectionery, all halal-certified, high-quality, and affordable for mass consumers. Founded in 1995 and headquartered in Bekasi, West Java, at Kawasan Industri MM2100, Jl. Selayar Blok A9, the company runs 15 strategically located factories across Indonesia, including sites in Cikarang, Pasuruan, Semarang, Medan, Makassar, Purwakarta, Cikande, Batam, Balikpapan, and Banjarmasin, supporting distribution to over 100,000 modern and traditional sales points nationwide through segments in West, Central, and East Indonesia. In September 2025, Leafgreen Capital and Gateway Partners acquired a 22.2% stake, followed by KKR & Co. securing a 12.6% stake via its Asian Fund III, bolstering strategic growth in the consumer sector; recent innovations encompass the 2022 launch of Sari Kue cakes and 2023 introduction of Sari Choco chocolate-filled breads with in-house chocolate production, alongside ongoing expansions in national conventions, digital innovations, and CSR initiatives like disaster relief and education support.