1. Indonesia Stocks

  2. •

    Consumer Defensive

  3. •

    Beverages - Wineries & Distilleries
PT HATTEN BALI Tbk

PT HATTEN BALI Tbk

WINE.JK
PT HATTEN BALI TbkID flagIndonesia Stock Exchange
150.00
IDR
-1.00
- -
406.50BMarket Cap
PT HATTEN BALI Tbk
WINE.JK
(Indonesia Stock Exchange)

Recent

price

150.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2019
2020
2021
2022
2023
2024
2025
TTM
FRC
82.67
33.92
30.28
69.88
93.61
104.73
105.45
74.35
Revenue per Share
11.11
-3.58
-3.22
7.84
14.62
16.53
14.58
8.07
Basic EPS, GAAP
-18.63
-0.46
-0.62
-1.29
-3.16
-6.82
-2.55
-3.29
Free Cash Flow per Basic Share
7.31
- -
- -
- -
1.95
2.35
3.5
- -
Dividend per Share
52.09
48.51
44.82
52.66
70.82
82.49
93.58
95.51
Book Value per Share
52.22
48.44
45.59
54.82
98.44
113.18
124.92
126.86
Tangible Book Value per Share
2,710
2,710
2,710
2,710
2,710
2,710
2,710
2,710
Basic Weighted Avg Shares
224,028
91,913
82,068
189,386
253,679
283,832
285,763
201,478
Sales/Revenue/Turnover
24.66
-1.79
-0.9
21.85
23.21
24.15
19.26
15.68
Operating Margin (%)
2,948
2,166
1,908
1,936
2,066
2,022
2,379
1,875
Depreciation Expense
30,109
-9,701
-8,713
21,235
39,621
44,789
39,523
21,883
Net Income, GAAP
28.04
- -
- -
26.19
24.17
24.44
22.74
24.16
Effective Tax Rate (%)
13.44
-10.55
-10.62
11.21
15.62
15.78
13.83
10.86
Profit Margin (%)
44,813
31,851
21,364
46,049
165,893
150,854
148,336
164,223
Working Capital
44,710
40,667
53,239
51,197
55,379
14,670
8,035
20,892
LT Debt
141,528
131,263
123,556
148,570
266,780
306,726
338,544
343,781
Total Equity
- -
- -
- -
11.49
13.96
13.4
10.06
5.61
Return on Invested Capital (%)
- -
- -
- -
11.6
16.61
17.02
13.61
7.77
Return on Capital (%)
- -
-7.12
-6.89
16.08
23.68
21.56
16.57
8.92
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
75,586
59,312
LT Borrowings
- -
900
13,757
LT Finance Leases
- -
7,135
7,135
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
2,710
2,710
Market Capitalization
569,100
558,260
482,380

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
244,175
236,521
Cash, Cash Equivalents & STI
- -
2,857
4,255
Accounts Receivable, Net
- -
32,029
29,861
Inventories
- -
198,243
190,648
Total Current Liabilities
- -
95,839
72,298
Payables & Accruals
- -
- -
- -
ST Debt
- -
75,586
59,312
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
23.86%
10.37%
Free Cash Flow
- -
67.93%
-62.58%
Net Income, GAAP
- -
-53.21%
-11.76%
Sales/Revenue/Turnover
- -
33.32%
0.68%
Total Cash Common Dividend
- -
- -
48.94%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54,738
68,646
86,185
74,407
283,832
2025
57,652
73,087
- -
70,185
285,763
2026
58,206
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3.61
- -
- -
- -
16.53
2025
2.95
- -
- -
- -
14.58
2026
1.94
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.35
2025
- -
- -
- -
- -
3.5
2026
- -
- -
- -
- -
- -
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Business
PT HATTEN BALI Tbk engages in the production and sale of grape wine and alcoholic beverages in Indonesia. The company offers a diverse portfolio of products under the brands Hatten Wines, TWO Islands, Dragonfly Wines, Dewi Sri, and Hatten Wine Adventure, including fermented rice wines, spirits, arak, and brem from Bali. It also operates wholesale trading of alcoholic and non-alcoholic beverages. Founded in 1994 and headquartered in Sanur, Bali, PT HATTEN BALI Tbk distributes its premium wines across multiple sectors such as restaurants, bars, regional wine merchants, and retail grocers, both locally and expanding beyond Bali. In recent years, the company has focused on strengthening its market presence outside Bali and improving sales performance amid evolving market dynamics, driven by the recovery of tourism in Bali. This includes initiatives to optimize production efficiency and manage supply chain costs despite increased inventory expenses. A notable change in 2024 was the appointment of Tantowi Yahya as Independent Commissioner. PT HATTEN BALI Tbk continues to pursue growth through product innovation and market expansion while maintaining a strong emphasis on the quality of its award-winning wines and spirit offerings. The company operates as part of the beverage manufacturing industry, specifically within wineries and distilleries, and maintains a commitment to premium wine production, distribution, and retail operations from its base in Bali to wider Indonesian markets. PT HATTEN BALI Tbk is an established public company listed on the Indonesia Stock Exchange under the ticker WINE. Its main operational strategy revolves around leveraging its well-recognized brand portfolio to capture expanding demand for alcoholic beverages domestically and in tourist-driven markets. The company employs around 100 staff and remains privately led with a focus on cultural heritage in winemaking combined with modern business approaches.