GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
M

Mandiri Herindo Adiperkasa Tbk PT MAHA.JK · IDR

Energy · IDX · 🇮🇩 Indonesia

Compare

128

+2.40%

Close of 9 Nov 2026, in IDR

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

Popular Bitcoin Ethereum Nvidia Apple S&P 500 Gold EUR/USD US 10Y

At a glance

Figures in IDR, from our data supplier.

FY2025

Revenue

IDR 2.92trn

FY2020FY2025

Net income

IDR 242.53bn

FY2020FY2025

Free cash flow

IDR 712.57bn

FY2020FY2025

Shareholders' equity

IDR 1.89trn

FY2020FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020
RevenueIDR 2.92trnIDR 2.54trnIDR 1.98trnIDR 1.64trnIDR 1.32trnIDR 997.53bn
Gross profitIDR 580.27bnIDR 507.78bnIDR 493.12bnIDR 416.86bnIDR 316.42bnIDR 252.23bn
Operating incomeIDR 449.75bnIDR 421.44bnIDR 392.14bnIDR 432.93bnIDR 379.68bnIDR 187.91bn
Net incomeIDR 242.53bnIDR 296.72bnIDR 267.95bnIDR 501.62bnIDR 311.78bnIDR 135.78bn
Diluted earnings per share14.7917.8516.0830.1018.718.15

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020
Total assetsIDR 3.00trnIDR 2.70trnIDR 2.55trnIDR 1.61trnIDR 1.07trnIDR 786.17bn
Cash and short-term investmentsIDR 566.23bnIDR 372.59bnIDR 537.61bnIDR 235.97bnIDR 136.16bnIDR 87.91bn
Total liabilitiesIDR 1.09trnIDR 828.23bnIDR 746.42bnIDR 469.52bnIDR 335.81bnIDR 282.53bn
DebtIDR 612.44bnIDR 378.63bnIDR 392.06bnIDR 151.16bnIDR 71.44bnIDR 85.37bn
Shareholders' equityIDR 1.89trnIDR 1.86trnIDR 1.79trnIDR 1.14trnIDR 734.91bnIDR 503.64bn
Shares outstanding16,395m16,620m16,666m16,666m16,666m16,666m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020
Cash from operationsIDR 822.32bnIDR 569.00bnIDR 444.52bnIDR 513.35bnIDR 369.85bnIDR 239.79bn
Capital spending−IDR 109.75bn−IDR 307.14bn−IDR 332.69bn−IDR 137.93bn−IDR 31.30bn−IDR 29.30bn
Free cash flowIDR 712.57bnIDR 261.86bnIDR 111.83bnIDR 375.41bnIDR 338.55bnIDR 210.49bn
Dividends paid−IDR 196.74bn−IDR 199.99bn−IDR 100.00bn−IDR 100.00bn−IDR 80.00bn−IDR 50.00bn

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueIDR 927.18bnIDR 724.49bnIDR 897.81bnIDR 793.14bnIDR 590.34bnIDR 641.04bnIDR 672.90bnIDR 634.17bn
Gross profitIDR 153.20bnIDR 117.53bnIDR 235.42bnIDR 187.82bnIDR 64.35bnIDR 96.52bnIDR 150.95bnIDR 139.34bn
Operating incomeIDR 80.95bnIDR 91.99bnIDR 212.13bnIDR 167.48bnIDR 19.13bnIDR 46.06bnIDR 137.28bnIDR 122.05bn
Net incomeIDR 55.15bnIDR 86.98bnIDR 162.22bnIDR 67.41bnIDR 1.86bnIDR 11.03bnIDR 76.51bnIDR 119.06bn
Diluted earnings per share3.365.309.894.110.110.674.607.16
Cash from operations−IDR 92.17bnIDR 174.47bnIDR 294.02bnIDR 278.02bn−IDR 39.09bnIDR 286.76bnIDR 299.49bnIDR 22.55bn
Capital spending−IDR 4.93bn−IDR 85.22bn−IDR 37.79bn−IDR 62.33bn−IDR 59.55bn−IDR 69.18bn−IDR 149.22bn−IDR 25.93bn
Free cash flow−IDR 97.10bnIDR 89.26bnIDR 256.23bnIDR 215.69bn−IDR 98.64bnIDR 217.58bnIDR 150.27bn−IDR 3.38bn
Total assetsIDR 2.84trnIDR 3.01trnIDR 3.00trnIDR 2.69trnIDR 2.48trnIDR 2.78trnIDR 2.70trnIDR 2.50trn
Cash and short-term investmentsIDR 270.88bnIDR 628.76bnIDR 566.23bnIDR 430.26bnIDR 271.19bnIDR 494.04bnIDR 372.59bnIDR 287.19bn
DebtIDR 300.12bnIDR 298.69bnIDR 612.25bnIDR 477.91bnIDR 478.16bnIDR 462.35bnIDR 378.63bnIDR 529.43bn
Shareholders' equityIDR 1.83trnIDR 1.98trnIDR 1.89trnIDR 1.73trnIDR 1.66trnIDR 1.85trnIDR 1.86trnIDR 1.81trn

Financial ratios

Data as of 27 Aug 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin19.9%20.0%24.9%25.4%24.0%25.3%
Operating margin15.4%16.6%19.8%26.4%28.8%19.7%
Net margin8.3%11.7%13.5%30.6%23.6%13.6%
Return on equity12.8%15.9%15.0%44.1%42.4%27.0%
Return on assets8.1%11.0%10.5%31.2%29.1%17.3%
Free cash flow yield38.7%35.9%31.7%26.6%——
Revenue growth14.9%28.6%20.5%24.4%32.3%—
Earnings growth-18.3%10.7%-46.6%60.9%129.6%—
Current ratio1.57x1.45x1.93x1.37x1.44x1.26x
Debt to equity0.15x0.11x0.10x0.06x0.09x0.17x
Equity ratio63.0%68.9%70.1%70.8%68.6%64.1%
Interest coverage10.18x12.30x12.93x31.95x30.41x10.85x
Buybacks as a share of market value1.4%0.3%0.0%———

Growth per year

Compound annual rate

3 years5 years10 years
Revenue21.2%24.0%—
Operating income1.3%19.1%—
Net income-21.5%12.3%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin19.9%22.0%22.5%—
Operating margin15.9%18.7%19.9%—
Net margin9.9%14.4%15.4%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023
Price to earnings11.69.612.0
Price to sales1.01.11.6

Dividends and splits

Per share, in the currency the company pays

Paid for 2 years. Last went ex-dividend on 12 Jun 2025.

FY2025FY2024
Paid in the year12.0012.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.