C
PT Indofood Sukses Makmur Tbk PIFMY
$18.97 -$0.09-0.47% OTC PK
Recommendation
Dividend Power Score
Prev Close
Volume
Avg Vol (90D)
Market Cap
Dividend & Yield
52-Week Range
P/E (TTM)
EPS (TTM)

Company Overview

PT Indofood Sukses Makmur Tbk is an Indonesia-based integrated food company operating across the consumer packaged foods and agribusiness industries. The company’s core activities span the entire food value chain, from agricultural production and raw material processing to branded consumer food manufacturing and distribution. Its primary revenue drivers include branded packaged foods—most notably instant noodles—as well as flour milling, edible oils, dairy, and agribusiness products.

The company serves mass-market consumers, foodservice operators, and industrial customers, with a strong focus on the Indonesian domestic market and expanding international exports. Indofood is widely recognized for its vertically integrated model, extensive distribution network, and portfolio of market-leading brands, which provide cost efficiencies, supply security, and strong pricing power. Established in 1990, the company has grown through organic expansion and strategic acquisitions to become one of Southeast Asia’s largest food companies.

Business Operations

Indofood operates through several major business segments, including Consumer Branded Products, Bogasari (Flour Milling), Agribusiness, Distribution, and Cultivation and Processed Vegetables. The Consumer Branded Products segment includes instant noodles, dairy, snack foods, nutrition and special foods, and beverages, generating the majority of consolidated revenue. The Bogasari segment is one of the world’s largest flour milling operations, supplying industrial and consumer customers.

The Agribusiness segment is primarily conducted through PT Indofood Agri Resources Ltd., covering oil palm plantations, cooking oils, margarine, and rubber, while PT Indomarco Adi Prima manages nationwide distribution. Operations are supported by extensive manufacturing assets, plantations, logistics infrastructure, and proprietary brands. Revenue is generated through domestic sales, exports, and inter-segment supply within the vertically integrated structure.

Strategic Position & Investments

Indofood’s strategy emphasizes strengthening its core food businesses, expanding downstream branded products, and maintaining vertical integration to manage input cost volatility. Growth initiatives include product innovation, capacity expansion in high-demand categories such as instant noodles and dairy, and efficiency improvements across manufacturing and logistics.

Key subsidiaries include PT Indofood CBP Sukses Makmur Tbk, which houses the branded consumer products portfolio, and PT Indofood Agri Resources Ltd., which anchors the agribusiness operations. The company has historically pursued selective acquisitions and capital investments aligned with food security, staple consumption, and emerging middle-class demand in Southeast Asia. Exposure to plantation assets and food processing positions Indofood to benefit from long-term population growth and urbanization trends.

Geographic Footprint

Indofood is headquartered in Indonesia and maintains manufacturing, agricultural, and distribution operations across the country’s major islands. Indonesia represents the company’s largest market by revenue, supported by a nationwide distribution network reaching both urban and rural consumers.

Internationally, Indofood has a presence across Asia, Africa, the Middle East, and Europe, primarily through exports, overseas manufacturing of instant noodles, and agribusiness operations. Its branded products are sold in more than 100 countries, reinforcing its role as a global supplier of staple food products while retaining a strong domestic operational base.

Leadership & Governance

The company was founded under the Salim Group, which remains a significant shareholder and strategic influence. Indofood’s leadership focuses on operational discipline, long-term value creation, and food security through scale, integration, and brand leadership.

Key executives include:

  • Axton Salim – President Director and Chief Executive Officer
  • Anthoni Salim – Commissioner
  • Franky Oesman Widjaja – Vice Commissioner
  • Pieter W. A. Lumban Gaol – Director
  • Ricky Gunawan – Director

The leadership team emphasizes sustainable growth, prudent capital allocation, and governance practices aligned with public company standards in Indonesia and international markets.

Data complied by narrative technology. May contain errors

Top Tech Stocks
See All »
B
NVDA NASDAQ $206.84
B
AAPL NASDAQ $333.02
B
AVGO NASDAQ $381.92
Top Consumer Staple Stocks
See All »
B
WMT NASDAQ $109.47
Top Financial Stocks
See All »
B
B
JPM NYSE $353.21
B
V NYSE $355.74
Top Energy Stocks
See All »
Top Health Care Stocks
See All »
B
LLY NYSE $1,196.03
B
JNJ NYSE $263.40
B
AMGN NASDAQ $376.04
Top Real Estate Stocks
See All »
B
PLD NYSE $147.63