Top 45 companies from Indonesia’s LQ45

Indonesia's 45 largest listed companies

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

Indonesia Stock Exchange logoCompanies 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.

Snapshot of LQ45 from Bloomberg

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:

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.

For the second semester of 2017, the full detailed list of the constituents of the LQ45 is as follows.

Astra Agro Lestari

Astra Agro Lestari logoSector: 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: – Stock symbol: AALI

Adhi Karya

Adhi Karya logoSector: 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: – Stock symbol: ADHI

Adaro Energy

Adaro Energy logoSector: 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: – Stock symbol: ADRO

AKR Corporindo

AKR Corporindo logoSector: 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: – Stock symbol: AKRA

Aneka Tambang

Aneka Tambang logoSector: 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: – Stock symbol: ANTM

Astra International

Astra International logoSector: 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: – Stock symbol: ASII

Bank Central Asia

Bank Central Asia logoSector: 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: – Stock symbol: BBCA

Bank Negara Indonesia

Bank Negara Indonesia logoSector: 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: – Stock symbol: BBNI

Bank Rakyat Indonesia

Bank Rakyat Indonesia logoSector: 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: – Stock symbol: BBRI

Bank Tabungan Negara

Bank Tabungan Negara logoSector: 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: – Stock symbol: BBTN

BPD Jawa Barat dan Banten (Bank BJB)

Bank BJB logoSector: 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: – Stock symbol: BJBR

Bank Mandiri

Bank Mandiri logoSector: 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: – Stock symbol: BMRI

Global Mediacom

Global Mediacom logoSector: 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: – Stock symbol: BMTR

Barito Pacific

Barito Pacific logoSector: 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: – Stock symbol: BRPT

Bumi Serpong Damai

Bumi Serpong Damai logoSector: 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: – Stock symbol: BSDE

Bumi Resources

Bumi Resources logoSector: 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: – Stock symbol: BUMI

XL Axiata

XL Axiata logoSector: 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: – Stock symbol: EXCL

Gudang Garam

Gudang Garam logoSector: Tobacco

Gudang Garam is a leading manufacturer of clove cigarettes (kretek) for domestic and international consumption.

Website: – Stock symbol: GGRM

HM Sampoerna

HM Sampoerna logoSector: 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: – Stock symbol: HMSP

Indofood CBP Sukses Makmur

ndofood CBP Sukses Makmur logoSector: 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: – Stock symbol: ICBP

Vale Indonesia

Vale Indonesia logoSector: 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: – Stock symbol: INCO

Indofood Sukses Makmur

Indofood Sukses Makmur logoSector: 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: – Stock symbol: INDF

Indocement Tunggal Prakarsa

Indocement Tunggal Prakarsa logoSector: 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: – Stock symbol: INTP

Jasa Marga

Jasa Marga logoSector: 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: – Stock symbol: JSMR

Kalbe Farma

Kalbe Farma logoSector: 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: – Stock symbol: KLBF

Lippo Karawaci

Lippo Karawaci logoSector: 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: – Stock symbol: LPKR

Matahari Department Store

Matahari Department Store logoSector: 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: – Stock symbol: LPPF

PP London Sumatra Indonesia

PP London Sumatra Indonesia logoSector: 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: – Stock symbol: LSIP

Media Nusantara Citra

Media Nusantara Citra logoSector: 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: – Stock symbol: MNCN

Hanson International

Hanson International logoSector: 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: – Stock symbol: MYRX

Perusahaan Gas Negara

Perusahaan Gas Negara logoSector: 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: – Stock symbol: PGAS

PP Properti

PP Properti logoSector: Real Estate

A subsidiary of PT PP (Persero), PP Properti is a property developer providing housing, offices, apartments and commercial property in Indonesia.

Website: – Stock symbol: PPRO

Tambang Batubara Bukit Asam

Tambang Batubara Bukit Asam logoSector: Mining

A state-controlled company, Tambang Batubara Bukit Asam is one of the largest coal mining companies of Indonesia.

Website: – Stock symbol: PTBA

PT PP (Persero)

Pembangunan Perumahan logoSector: Construction

A state-controlled company, PT PP (Persero) is involved in construction and investment for buildings and infrastructure, property management, engineering, and procurement.

Website: – Stock symbol: PTPP

Pakuwon Jati

Pakuwon Jati logoSector: 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: – Stock symbol: PWON

Surya Citra Media

Surya Citra Media logoSector: Media

Surya Citra Media is a media company engaged in television broadcasting, mass media consultation, content production, and other media services.

Website: – Stock symbol: SCMA

Semen Indonesia

Semen IndonesiaSector: Construction Materials

Semen Indonesia is the largest producer of cement in Indonesia as well as the market leader for cement sales.

Website: – Stock symbol: SMGR

Summarecon Agung

Summarecon Agung logoSector: 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: – Stock symbol: SMRA

Sri Rejeki Isman

Sri Rejeki Isman logoSector: 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: – Stock symbol: SRIL

Sawit Sumbermas Sarana

Sawit Sumbermas Sarana logoSector: 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: – Stock symbol: SSMS

Telekomunikasi Indonesia

Telekomunikasi Indonesia logoSector: 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: – Stock symbol: TLKM

United Tractors

United Tractors logoSector: Commerce

United Tractors is Indonesia’s largest distributor of heavy equipment with about 40-45% of the Indonesian market.

Website: – Stock symbol: UNTR

Unilever Indonesia

Unilever Indonesia logoSector: 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: – Stock symbol: UNVR

Wijaya Karya

Wijaya Karya logoSector: 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: – Stock symbol: WIKA

Waskita Karya

Waskita Karya logoSector: 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: – 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.

List of the 45 Indonesian companies in the LQ45 index, with 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?

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