378
-0.53%
Close of 9 Nov 2026, in IDR
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About Steel Pipe Industry of Indonesia Tbk PT
Its shares trade on IDX under the ticker ISSP.JK. It has been listed since 22 February 2013. In the fiscal year to 31 December 2025, it reported revenue of IDR 5.93trn and net income of IDR 534.25bn. At that date it held total assets of IDR 8.80trn and shareholders' equity of IDR 5.67trn.
PT Steel Pipe Industry of Indonesia Tbk engages in the business of manufacturing steel pipes. The company is headquartered in Surabaya, Jawa Timur. The company went IPO on 2013-02-22. The firm's product portfolio comprises of custom-made products (produced upon customers' requests), carbon standard products and stainless-steel pipes. The firm's segments include Steel Pipe Mill, Spiral Steel Pipe Mill, Plat/Strips and Plate, and Services and Others. Its products are used by various industries, such as construction, infrastructure, utility, oil and gas, furniture, and automotive. The company also offers other services, such as galvanizing, shearing, slitting, 3LPE coating, internal and external epoxy coating, cement lining, and quality control testing at the Company’s laboratory facility. Its products include black pipes, API pipes water pipes, mechanical pipes, furniture pipes, steel poles, spiral pipes (API and non-API pipes), industrial and ornament stainless steel pipes. The firm exports to various countries, such as Canada, Malaysia, Vietnam, Timor Leste, America and Australia.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Metals & Mining
- Listed since
- 22 Feb 2013
- Employees
- 1,025
- Website
- spindo.com ↗
Leadership
Pay as last reported
- Mr. Makmur WidjajaPresident Commissioner, Independent Commissioner
- Mr. Ibnu SusantoPresident Director
- Mr. Tedja Sukmana HudiantoVice President
- Mr. Soediarto SoerjoprahonoSales and Marketing Director
- Mr. Hanny Purnomo TheIndependent Director
- Mr. Johanes EdwardCorporate Secretary
- Ms. Ay Ing KongCommissioner
- Mr. Soesilo WidjajaIndependent Commissioner
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Steel Pipe Industry of Indonesia Tbk manufactures custom-made steel pipes for construction and oil and gas sectors.
- The company employs 1,025 full-time employees and operates in Surabaya, Indonesia.
- PT Steel Pipe Industry of Indonesia Tbk offers diverse products including API pipes and stainless steel pipes.
Weaknesses
- The company's product portfolio lacks high-tech steel pipe innovations for advanced industries.
- Limited export markets beyond Canada, Malaysia, Vietnam, and Timor Leste.
- No mention of digital transformation initiatives in manufacturing processes.
Opportunities
- Expanding exports to Australia and America for growing infrastructure projects.
- Increasing demand for stainless steel pipes in automotive and furniture industries.
- Growing infrastructure development in Indonesia and neighboring countries.
Threats
- Competition from other steel pipe manufacturers in the Metals & Mining sector.
- Economic fluctuations affecting the construction and oil and gas industries.
- Potential supply chain disruptions in the Materials sector.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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