The 45 largest public listed companies of Indonesia, components of the LQ45 index, are major actors in the economy of Indonesia, Southeast Asia, and the world. With a short presentation of each company, its sector, and logo, this following list provides useful information and links to the company’s website and its stock quote.
List of the 45 components of the LQ45 index
Companies in Indonesia have to be registered as “Perseroan Terbatas – PT” (meaning “private limited”) to be able to receive foreign investments. Additionally, if a company becomes publicly listed, it will be appended as “Terbuka”, abbreviated Tbk (meaning “open”), to cope with the regulations of the Indonesia Stock Exchange – IDX.
A member of the ASEAN Exchanges, the IDX aggregates several indices to benchmark the Indonesian stock market and facilitate trading and evaluation. These indices notably include the Jakarta Composite Index – JCI that aggregates all stocks of Indonesia, the LQ45 index, a capitalization-weighted index calculated from the top 45 listed companies, as well as other general indices, or indices by sector.
For the latest rankings, check the top companies of Indonesia and many more, including US companies, UK companies, Canadian companies, and Australian companies on the Disfold data platform.
The LQ45 index
The real-time quotation of the LQ45 index – can be followed from the Indonesia Stock Exchange’s website and also through the convenient graphical tools from financial information websites. The ASEAN Exchanges does provide some information on the Indonesian market, through the quota of the JCI index.
Details of the top 45 largest listed companies of Indonesia
To help you learn more about these corporations, the list of the forty-five companies that compose the LQ45 index – the forty-five largest publicly listed corporations of Indonesia –, has been gathered hereafter with presentations of each company’s activities, direct links to its websites and stock prices live details from the IDX website.
Though some of these companies belong to the same group, several of the following Indonesian corporations are also some of the largest companies in Southeast Asia.
For more information about the other top public listed companies of Southeast Asia, check the lists of companies in other major ASEAN countries:
- Top 50 companies of Thailand – SET50 index
- Top 30 companies of Malaysia – KLCI index
- Top 30 companies of Singapore – STI index
- Top 30 companies of the Philippines – PSEi index
Quick links to the top 45 public listed companies in Indonesia’s LQ45 index
To facilitate browsing within the following long list, here are links to go directly to the details of any LQ45 company.
- Astra Agro Lestari – Sector: Plantations
- Adhi Karya – Sector: Infrastructure / Real Estate
- Adaro Energy – Sector: Mining
- AKR Corporindo – Sector: Petrochemicals & Chemicals
- Aneka Tambang – Sector: Mining
- Astra International – Sector: Conglomerate
- Bank Central Asia – Sector: Finance
- Bank Negara Indonesia – Sector: Finance
- Bank Rakyat Indonesia – Sector: Finance
- Bank Tabungan Negara – Sector: Finance
- Bank Mandiri – Sector: Finance
- BPD Jawa Barat dan Banten (Bank BJB) – sector: Finance
- Global Mediacom – Sector: Media
- Barito Pacific – sector: Petrochemicals & Chemicals
- Bumi Serpong Damai – Sector: Real Estate
- Bumi Resources – sector: Mining
- XL Axiata – sector: Telecommunications
- Gudang Garam – Sector: Tobacco
- HM Sampoerna – Sector: Tobacco
- Indofood CBP Sukses Makmur – Sector: Food & Beverages
- Vale Indonesia – Sector: Mining
- Indofood Sukses Makmur – Sector: Food & Beverages
- Indocement Tunggal Prakarsa – Sector: Construction Materials
- Jasa Marga – Sector: Infrastructure
- Kalbe Farma – Sector: Pharmaceuticals
- Lippo Karawaci – Sector: Real Estate
- Matahari Department Store – Sector: Commerce
- PP London Sumatra Indonesia – Sector: Plantations
- Media Nusantara Citra – Sector: Media
- Hanson International – Sector: Real Estate
- Perusahaan Gas Negara – Sector: Energy & Utilities
- PP Properti – sector: Real Estate
- Tambang Batubara Bukit Asam – Sector: Mining
- PT PP (Persero) – Sector: Construction
- Pakuwon Jati – Sector: Real Estate
- Surya Citra Media – Sector: Media
- Semen Indonesia – Sector: Construction Materials
- Summarecon Agung – Sector: Real Estate
- Sri Rejeki Isman – Sector: Textile
- Sawit Sumbermas Sarana – Sector: Plantations
- Telekomunikasi Indonesia – Sector: Telecommunications
- United Tractors – Sector: Commerce
- Unilever Indonesia – Sector: FMCG
- Wijaya Karya – Sector: Construction
- Waskita Karya – Sector: Construction
For the second semester of 2017, the full detailed list of the constituents of the LQ45 is as follows.
Astra Agro Lestari
Sector: Plantations
Astra Agro Lestari is specialized in the plantation and industrial processing of palm oil and rubber. A part of the diversified conglomerate Astra International, Astra Agro Lestari is the largest Indonesian agribusiness by value.
Website: astra-agro.co.id – Stock symbol: AALI
Adhi Karya
Sector: Infrastructure / Real Estate
Adhi Karya is engaged in the construction, engineering and real estate management of infrastructure projects (roads, bridges, power plants, ports, and irrigation) and building projects (high rises, hotels, hospitals, and schools). A majority state-owned company, Adhi Karya has 49% of its capital listed on the Indonesia Stock Exchange.
Website: adhi.co.id – Stock symbol: ADHI
Adaro Energy
Sector: Mining
Adaro Energy is involved in all activities related to coal: from mining to transport, from marketing to power production. It is the largest coal miner in Indonesia and the country’s second-largest producer of thermal coal.
Website: adaro.com – Stock symbol: ADRO
AKR Corporindo
Sector: Petrochemicals & Chemicals
AKR Corporindo is operating in the logistics, manufacturing, storing, distribution and trade of petroleum and chemical products. It is also involved through its subsidiaries in coal mining, infrastructure, and manufacturing.
Website: akr.co.id – Stock symbol: AKRA
Aneka Tambang
Sector: Mining
Aneka Tambang, better known as Antam, is a vertically-integrated company involved in the mining and processing of metals and minerals throughout Indonesia. With marketing operations oriented towards export, Antam is primarily operating in gold, ferronickel and nickel ore.
Website: antam.com – Stock symbol: ANTM
Astra International
Sector: Conglomerate
One of the largest conglomerates of Indonesia, Astra International is an investment holding company involved in the automotive, agribusiness, heavy equipment, mining, energy, financial services, information technology, and infrastructure and logistics sectors.
Website: astra.co.id – Stock symbol: ASII
Bank Central Asia
Sector: Finance
One of the largest banks in Indonesia by market capitalization, the second-largest by assets and largest lender, Bank Central Asia, better known as BCA, provides services for personal and commercial banking in more than 1,000 branches. It is partly controlled by the Djarum Group.
Website: bca.co.id – Stock symbol: BBCA
Bank Negara Indonesia
Sector: Finance
The fourth-largest bank of Indonesia by assets and lendings, Bank Negara Indonesia, better known as BNI, provides financial services through subsidiaries in Islamic banking, financing, securities, and insurance.
Website: bni.co.id – Stock symbol: BBNI
Bank Rakyat Indonesia
Sector: Finance
Indonesia’s second-largest lender, Bank Rakyat Indonesia, also known as BRI, is a leader in commercial banking for micro, small and medium companies. BRI is majority state-owned, with 30% of its capital listed on the Indonesia Stock Exchange.
Website: bri.co.id – Stock symbol: BBRI
Bank Tabungan Negara
Sector: Finance
One of Indonesia’s top 10 largest banks by assets, Bank Tabungan Negara, also known as BTN, is the leader of mortgage loans in Indonesia.
Website: btn.co.id – Stock symbol: BBTN
BPD Jawa Barat dan Banten (Bank BJB)
Sector: Finance
Bank Pembangunan Daerah Jawa Barat dan Banten operates in banking under the name Bank BJB, and also provides Shariah-compliant banking services through its subsidiary, PT Bank Jabar Banten Syariah.
Website: bankbjb.co.id – Stock symbol: BJBR
Bank Mandiri
Sector: Finance
Indonesia’s largest bank by assets, Bank Mandiri provides a complete set of financial and non-financial services and products for individuals and businesses. The result of the merger of four state-owned banks, Bank Mandiri is now also present in the UK, Hong Kong and China, Singapore, Malaysia, Timor Leste, and the Cayman Islands.
Website: bankmandiri.co.id – Stock symbol: BMRI
Global Mediacom
Sector: Media
The largest media group of Southeast Asia, Global Mediacom is involved in the content and advertising business,subscriber-based business and media support and infrastructure.
Website: mediacom.co.id – Stock symbol: BMTR
Barito Pacific
Sector: Petrochemicals & Chemicals
Originally involved in plantation and processing of timber in Indonesia, Barito Pacific has become a diversified enterprise primarily involved in petrochemicals, but also forestry, property, and plantation, with growing interests in the mining and energy sectors.
Website: barito.co.id – Stock symbol: BRPT
Bumi Serpong Damai
Sector: Real Estate
Bumi Serpong Damai is a real estate developer primarily engaged in the development of Bumi Serpong Damai City, an integrated residential and business area in the Tangerang regency near Jakarta. It is part of the Sinar Mas Group, one of Indonesia’s largest conglomerates.
Website: bsdcity.com – Stock symbol: BSDE
Bumi Resources
Sector: Mining
Majority owned by the Indonesian conglomerate, Bakrie Group, Bumi Resources is a leading mining company in Indonesia. It is notably one of the country’s largest producer of thermal coal.
Website: bumiresources.com – Stock symbol: BUMI
XL Axiata
Sector: Telecommunications
A leading telecommunication service providers in Indonesia, XL offers telecommunications products and services ranging from voice, SMS and Value Added Services to mobile data. It is part of the Malaysian conglomerate Axiata Group.
Website: xl.co.id – Stock symbol: EXCL
Gudang Garam
Sector: Tobacco
Gudang Garam is a leading manufacturer of clove cigarettes (kretek) for domestic and international consumption.
Website: gudanggaramtbk.com – Stock symbol: GGRM
HM Sampoerna
Sector: Tobacco
Hanjaya Mandala Sampoerna, better known as HM Sampoerna, is the market leader of tobacco in Indonesia. A traditional manufacturer and distributor of clove cigarettes (kretek), HM Sampoerna was acquired by Philip Morris in 2005 and it is now also the distributor of the Marlboro brand in Indonesia.
Website: sampoerna.com – Stock symbol: HMSP
Indofood CBP Sukses Makmur
Sector: Food & Beverages
Indofood CBP Sukses Makmur Tbk is a leader in the production of packaged food products, including noodles, dairy, food seasonings, snack foods, nutrition, and special foods and biscuits.
Website: indofoodcbp.com – Stock symbol: ICBP
Vale Indonesia
Sector: Mining
Vale Indonesia is the largest producer of nickel in Indonesia, involved in the exploration, mining, processing, and production of semi-refined nickel ore. It is a subsidiary of the Brazilian company Vale, the world’s second-largest mining company.
Website: vale.com/indonesia/ – Stock symbol: INCO
Indofood Sukses Makmur
Sector: Food & Beverages
Indofood Sukses Makmur is vertically engaged in the food industry: from agriculture to production of finished consumer products. A part of the Salim Group conglomerate, Indofood Sukses Makmur is the largest food processing company in Indonesia and the world’s leading producer of instant noodles.
Website: indofood.com – Stock symbol: INDF
Indocement Tunggal Prakarsa
Sector: Construction Materials
Indocement Tunggal Prakarsa is the second largest cement producer of Indonesia in terms of market share. It is owned in the majority by the German company HeidelbergCement Group.
Website: indocement.co.id – Stock symbol: INTP
Jasa Marga
Sector: Infrastructure
Jasa Marga is a state-controlled company directly and indirectly, through subsidiaries, involved in the operation and management of more than 70% of toll roads in Indonesia. It is also expanding through the construction of new toll roads.
Website: jasamarga.com – Stock symbol: JSMR
Kalbe Farma
Sector: Pharmaceuticals
Kalbe Farma is the largest listed pharmaceutical company in Indonesia and Southeast Asia. It is primarily involved in prescription pharmaceuticals, consumer health and nutrition products, logistics and distribution.
Website: kalbe.co.id – Stock symbol: KLBF
Lippo Karawaci
Sector: Real Estate
The largest listed property developer in Indonesia, Lippo Karawaci is involved in residential and township development, retail malls, hospitals, hotels and asset management. It is affiliated to the Lippo Group diversified conglomerate.
Website: lippokarawaci.co.id – Stock symbol: LPKR
Matahari Department Store
Sector: Commerce
The largest department store in Indonesia, Matahari Department Store, or simply Matahari, is the market leader in sales of fashion, accessories and beauty products. It separated in 2009 from Matahari Putra Prima (see below) to form two companies in a strategic partnership.
Website: matahari.co.id – Stock symbol: LPPF
PP London Sumatra Indonesia
Sector: Plantations
Perusahaan Perkebunan London Sumatra Indonesia, better known as PP London Sumatra Indonesia, or, more simply Lonsum, is a plantation company engaged in the production of palm oil, rubber, tea, and cocoa. It is controlled by the Salim Group conglomerate.
Website: londonsumatra.com – Stock symbol: LSIP
Media Nusantara Citra
Sector: Media
Media Nusantara Citra is the largest media company in Indonesia and Southeast Asia. It primarily earns advertising revenues from operating national television broadcasting and content business through its three main TV channels, RCTI, MNCTV, and GlobalTV. Media Nusantara Citra is also involved in Pay-TV, print, online media and radio.
Website: mnc.co.id – Stock symbol: MNCN
Hanson International
Sector: Real Estate
Hanson International is primarily involved in the property business through the management and trade of more than 3,000 hectares of land in the Greater Jakarta area and housing development.
Website: hanson.co.id – Stock symbol: MYRX
Perusahaan Gas Negara
Sector: Energy & Utilities
A state-controlled enterprise, Perusahaan Gas Negara, also known as PGN, is an integrated energy solution provider, the largest company for transportation and distribution of natural gas in Indonesia.
Website: pgn.co.id – Stock symbol: PGAS
PP Properti
Sector: Real Estate
A subsidiary of PT PP (Persero), PP Properti is a property developer providing housing, offices, apartments and commercial property in Indonesia.
Website: pp-properti.com – Stock symbol: PPRO
Tambang Batubara Bukit Asam
Sector: Mining
A state-controlled company, Tambang Batubara Bukit Asam is one of the largest coal mining companies of Indonesia.
Website: ptba.co.id – Stock symbol: PTBA
PT PP (Persero)
Sector: Construction
A state-controlled company, PT PP (Persero) is involved in construction and investment for buildings and infrastructure, property management, engineering, and procurement.
Website: pt-pp.com – Stock symbol: PTPP
Pakuwon Jati
Sector: Real Estate
Pakuwon Jati Tbk is a real estate developer in the cities Jakarta and Surabaya. Vertically-integrated, it is involved in land acquisition, property development, marketing, and operational management.
Website: pakuwon.com – Stock symbol: PWON
Surya Citra Media
Sector: Media
Surya Citra Media is a media company engaged in television broadcasting, mass media consultation, content production, and other media services.
Website: scm.co.id – Stock symbol: SCMA
Semen Indonesia
Sector: Construction Materials
Semen Indonesia is the largest producer of cement in Indonesia as well as the market leader for cement sales.
Website: semenindonesia.com – Stock symbol: SMGR
Summarecon Agung
Sector: Real Estate
Summarecon Agung is a company involved in real estate construction and development. It is the Indonesian leader of township development with residential, commercial, leisure and tourism properties.
Website: summarecon.com – Stock symbol: SMRA
Sri Rejeki Isman
Sector: Textile
Sri Rejeki Isman, better known as Sritex, is a vertically-integrated textile and garment manufacturer. It is the largest textile manufacturer in Indonesia and Southeast Asia.
Website: sritex.co.id – Stock symbol: SRIL
Sawit Sumbermas Sarana
Sector: Plantations
Sawit Sumbermas Sarana is a plantation company specialized in the production, processing, marketing, distribution and sales of palm oil and palm oil products.
Website: ssms.co.id – Stock symbol: SSMS
Telekomunikasi Indonesia
Sector: Telecommunications
Telekomunikasi Indonesia, better known as Telkom Indonesia, is Indonesia’s largest telecommunications company and network provider with about 50% of the national market of mobile phone subscriptions. Owned in majority by the Indonesian government, Telkom Indonesia is the parent company of Telkom Group which is involved in diversified businesses, including telecommunication, multimedia, property, and financial services.
Website: telkom.co.id – Stock symbol: TLKM
United Tractors
Sector: Commerce
United Tractors is Indonesia’s largest distributor of heavy equipment with about 40-45% of the Indonesian market.
Website: unitedtractors.com – Stock symbol: UNTR
Unilever Indonesia
Sector: FMCG
Unilever Indonesia is the largest consumer goods producer in Indonesia, with numerous famous brands for home and personal care, foods, and soft drinks. It is owned at 85% by the Dutch Unilever holdings company, which is dual-listed in the London Stock Exchange, as one of the largest companies in the UK.
Website: unilever.co.id – Stock symbol: UNVR
Wijaya Karya
Sector: Construction
Wijaya Karya is a company engaged in civil engineering, building construction, construction of industrial plants and energy facilities. Majority-owned by the Indonesian government, Wijaya Karya is engaged in works both in Indonesia and abroad.
Website: wika.co.id – Stock symbol: WIKA
Waskita Karya
Sector: Construction
Waskita Karya is a company involved in construction activities for infrastructures and industrial facilities: highways, bridges, ports, airports, buildings, sewerage plants, cement plants, factories, and other industrial plants. A state-controlled company, Waskita Karya is one of Indonesia’s largest construction companies.
Website: waskita.co.id – Stock symbol: WSKT
Here is a summary of the list of the 45 Indonesian companies in the LQ45 index with their name, logo, sector, and stock symbol.
Here are the forty-five largest publicly listed companies in Indonesia. Did you know them all? Do you have any idea about how they should keep expanding their activities in Indonesia, Southeast Asia and the rest of the world?
