Shareholders Value Creation
Indika Energy believes in creating long-term shareholders value through strong management, local know-how in its business pillars of Energy, Logistics and Infrastructure, Minerals, Green Business and Digital Venture
Our Approach
Indika Energy’s long-term business strategies are reflected in its focus within the five business pillars, boosting organic growth and expanding through acquisitions. Indika Energy focuses its efforts on strengthening resilience in the face of adverse effects from the global situation

EFFICIENCY AND SYNERGY OPTIMIZATION
We continue to increase operational efficiency and reduce costs yet to emphasise on high-quality service and sustainable business. We also continue to harness the intra-Group cross selling opportunities and centralise certain functions to further improve integration of capabilities across businesses to increase profitability.

DIVERSIFICATION
We continue to develop business diversification and improve revenue contribution from non-coal business, including from renewable energy and non-energy related services.

FOCUS AND COMMITMENT TO ESG
We continuously implement green initiatives and environmental management with high standard, even beyond compliance across our operations. We are also committed to be a leader in delivering benefits to surrounding communities through initiatives in education, health, safety, and community empowerment. We always implement best corporate governance practice based on prevailing regulations.

PRUDENT MANAGEMENT
We emphasize on prudent financial management and maintain healthy operating cash flows as well as target total det to EBITDA ratio. We are selective on the use of cash and capital spending.
Stock Information
24 January 2021 | PT Indika Energy Tbk |
INDY |
1,405.00 |
|
|
|
|
Financial Highlights
as per December 2022
-
REVENUES
4,334.9
Million USD View Chart -
GROSS PROFIT
1,450.8
Million USD View Chart -
PROFIT PER YEAR
510.8
Million USD View Chart -
PROFIT ATTRIBUTABLE TO OWNERS OF COMPANY
452.7
Million USD View Chart -
PROFIT ATTRIBUTABLE TO NON-CONTROLLING INTERESTS
58.1
Million USD View Chart -
TOTAL COMPREHENSIVE INCOME
556.6
Million USD View Chart -
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO OWNERS OF THE COMPANY
468.3
Million USD View Chart -
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO NON-CONTROLING INTERESTS
88.3
Million USD View Chart -
EARNINGS PER SHARE
0.09
USD View Chart -
TOTAL ASSETS
3,593.9
Million USD View Chart -
TOTAL LIABILITIES
2,253.7
Million USD View Chart -
TOTAL EQUITY
1,340.2
Million USD View Chart -
OPERATING PROFIT/ TOTAL ASSETS
33.7
View Chart -
OPERATING PROFIT/ TOTAL EQUITY
87.4
View Chart -
OPERATING INCOME / REVENUES (%)
27.9
View Chart -
TOTAL CURRENT ASSETS/ TOTAL CURENT LIABILITIES
1.7
View Chart -
TOTAL LIABILITIES / TOTAL EQUITY
1.7
View Chart -
TOTAL LIABILITIES / TOTAL ASSETS
0.6
View Chart
Non-Coal Contribution
We are diversifying and investing responsibly to ensure that at least 50% of our business comes from non-coal streams by 2025. As we transition away from coal under our long-term ESG commitments, we plan to achieve net-zero carbon emissions by 2050.
see our portfolio2021
2022
- Financial Statements 31 March 2023 Financial Statements 31 December 2022 Financial Statements 30 Sep 2022 Financial Statements 30 June 2022 Financial Statements Show all
- Company updates Company Results Presentation 3M23 Company Results Presentation FY22 Corporate Results Presentation 9M22 Corporate Results Presentation 6M22 Show all
- Investor Updates News Release INDY Result 3M23 News Release 2022 AGMS Results News Release INDY Result FY22 News Release INDY Result 9M22 Show all
- general meeting of shareholders Public Expose Material Revision Plan for Public Expose of PT Indika Energy Tbk Plan for Public Expose of PT Indika Energy Tbk Summary of Minutes of the AGMS.pdf Show all
Analyst Coverage
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FIRM
J.P.Morgan
Sumedh Samant [email protected] -
FIRM
Danareksa
Stefanus Darmagiri [email protected] -
FIRM
Indo Premier Securities
Timothy Handerson [email protected]
Investor Information

Shareholders Composition as of 31 December 2021
Shareholders Composition as of 31 December 2021
DESCRIPTION | NUMBER OF SHARES | OWNERSHIP |
PT Indika Inti Investindo | 1,968,882,699 | 37.79% |
PT Teladan Resources | 1,596,977,091 | 30.65% |
3,565,859,790 | 68.44% |
- DESCRIPTION PT Indika Inti Investindo NUMBER OF SHARES 1,968,882,699 OWNERSHIP 37.79%
- DESCRIPTION PT Teladan Resources NUMBER OF SHARES 1,596,977,091 OWNERSHIP 30.65%
- DESCRIPTION NUMBER OF SHARES 3,565,859,790 OWNERSHIP 68.44%
Bonds Details | Denomination | STOCK LISTING | Principal Amount | Tenor (Year) | Annual Interest Rate | Maturity Date | Payment Status | 2020 Rating | 2019 Rating |
2022 Bonds | US$ | Singapore Stock Exchange | US$265 Million | 5 years | 6.875% | 10 April 2022 | Fully Repaid | “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch. | “Ba3” with stable outlook by Moody’s and “BB-“ with stable outlook by Fitch. |
2023 Bonds | US$ | Singapore Stock Exchange | US$285 Million | 10 years | 6,375% | 24 January 2023 | Fully Repaid | “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch. | “Ba3” with stable outlook by Moody’s and “BB-“ with stable outlook by Fitch. |
2024 Bonds | US$ | Singapore Stock Exchange | US$575 Million | 7 years | 5,875% | 9 November 2024 | “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch. | “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch. | |
2025 Bonds | US$ | Singapore Stock Exchange | US$675 Million | 5 years | 8,25% | 22 October 2025 | “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch. |
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2022 BondsDenomination US$STOCK LISTING Singapore Stock ExchangePrincipal Amount US$265 MillionTenor (Year) 5 yearsAnnual Interest Rate 6.875%Maturity Date 10 April 2022Payment Status Fully Repaid2020 Rating “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch.2019 Rating “Ba3” with stable outlook by Moody’s and “BB-“ with stable outlook by Fitch.
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2023 BondsDenomination US$STOCK LISTING Singapore Stock ExchangePrincipal Amount US$285 MillionTenor (Year) 10 yearsAnnual Interest Rate 6,375%Maturity Date 24 January 2023Payment Status Fully Repaid2020 Rating “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch.2019 Rating “Ba3” with stable outlook by Moody’s and “BB-“ with stable outlook by Fitch.
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2024 BondsDenomination US$STOCK LISTING Singapore Stock ExchangePrincipal Amount US$575 MillionTenor (Year) 7 yearsAnnual Interest Rate 5,875%Maturity Date 9 November 2024Payment Status2020 Rating “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch.2019 Rating “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch.
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2025 BondsDenomination US$STOCK LISTING Singapore Stock ExchangePrincipal Amount US$675 MillionTenor (Year) 5 yearsAnnual Interest Rate 8,25%Maturity Date 22 October 2025Payment Status2020 Rating “Ba3” with negative outlook by Moody’s and “BB-“ with negative outlook by Fitch.2019 Rating
DIVIDEND AMOUNT (IN BILLION RP) | DIVIDEND PER SHARE (IN RP) | DIVIDEND PAYOUT RATIO | DIVIDEND PAYMENT DATE | |
2008 | 437.40 | 84.00 | 40.32% of 2008 Net Income | 3 July 2009 |
2009 | 362.83 | 69.68 | 50.00% of 2009 Net Income | 25 June 2010 |
2010 | 249.94 | 48.00 (Dividend Interim) | - | 30 November 2010 |
135.39 | 26.00 (Final Dividend) | - | 29 July 2011 | |
Total | 385.30 | 74.00 | 50.00% of 2010 Net Income | - |
2011 | 312.61 | 60.00 | 25.79% of 2011 Net Income | 26 July 2012 |
2012 | US$ 19,000,000.00 | US$ 0.003647 | 21.79% of 2012 Net Income | 31 July 2013 |
2017 | US$ 40,000,000.00 | 108.05 | 42.34% of 2012 Net Income | 30 May 2018 |
2018 | US$ 20,000,000.00 | US$ 0,003839 (interim dividend) | - | 28 December 2018 |
2019 | 467.01 | 89,6339 (Cash Dividend) | - | 20 Mei 2020 |
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2008DIVIDEND AMOUNT (IN BILLION RP) 437.40DIVIDEND PER SHARE (IN RP) 84.00DIVIDEND PAYOUT RATIO 40.32% of 2008 Net IncomeDIVIDEND PAYMENT DATE 3 July 2009
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2009DIVIDEND AMOUNT (IN BILLION RP) 362.83DIVIDEND PER SHARE (IN RP) 69.68DIVIDEND PAYOUT RATIO 50.00% of 2009 Net IncomeDIVIDEND PAYMENT DATE 25 June 2010
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2010DIVIDEND AMOUNT (IN BILLION RP) 249.94DIVIDEND PER SHARE (IN RP) 48.00 (Dividend Interim)DIVIDEND PAYOUT RATIO -DIVIDEND PAYMENT DATE 30 November 2010
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DIVIDEND AMOUNT (IN BILLION RP) 135.39DIVIDEND PER SHARE (IN RP) 26.00 (Final Dividend)DIVIDEND PAYOUT RATIO -DIVIDEND PAYMENT DATE 29 July 2011
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TotalDIVIDEND AMOUNT (IN BILLION RP) 385.30DIVIDEND PER SHARE (IN RP) 74.00DIVIDEND PAYOUT RATIO 50.00% of 2010 Net IncomeDIVIDEND PAYMENT DATE -
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2011DIVIDEND AMOUNT (IN BILLION RP) 312.61DIVIDEND PER SHARE (IN RP) 60.00DIVIDEND PAYOUT RATIO 25.79% of 2011 Net IncomeDIVIDEND PAYMENT DATE 26 July 2012
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2012DIVIDEND AMOUNT (IN BILLION RP) US$ 19,000,000.00DIVIDEND PER SHARE (IN RP) US$ 0.003647DIVIDEND PAYOUT RATIO 21.79% of 2012 Net IncomeDIVIDEND PAYMENT DATE 31 July 2013
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2017DIVIDEND AMOUNT (IN BILLION RP) US$ 40,000,000.00DIVIDEND PER SHARE (IN RP) 108.05DIVIDEND PAYOUT RATIO 42.34% of 2012 Net IncomeDIVIDEND PAYMENT DATE 30 May 2018
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2018DIVIDEND AMOUNT (IN BILLION RP) US$ 20,000,000.00DIVIDEND PER SHARE (IN RP) US$ 0,003839 (interim dividend)DIVIDEND PAYOUT RATIO -DIVIDEND PAYMENT DATE 28 December 2018
-
2019DIVIDEND AMOUNT (IN BILLION RP) 467.01DIVIDEND PER SHARE (IN RP) 89,6339 (Cash Dividend)DIVIDEND PAYOUT RATIO -DIVIDEND PAYMENT DATE 20 Mei 2020
Accountant Firm
Imelda & Rekan (Member of Deloitte Touche Tohmatsu)
The Plaza Office Tower, 32nd
Floor
Jl. M.H. Thamrin Kav 28-30
Jakarta 10350, Indonesia
Share Register
PT Datindo Entrycom
Jl. Hayam Wuruk No.28
Jakarta 10120, Indonesia