Malindo Feedmill
PT Malindo Feedmill Tbk is an Indonesian company that produces and sells animal (poultry) feed, particularly broiler breeder feed, broiler layer feed, layer breeder feed and commercial Day Old Chicks (DOC). It is among the largest animal feed producers in Indonesia, controlling an 8 percent market share. At end 2014, the company's total annual production capacity of DOC was 210 million, while the feed production capacity was approximately 9000 metric tons per year.
Profile
| Industry Sector | Basic Industry and Chemicals |
| Industry Sub Sector | Animal Feed |
| Established | 10 June 1997 |
| Listed | 27 January 2006 |
| Listed Company Code | MAIN |
| Listed Shares | 1,695,000,000 |
| Dividend | Yes |
| Major Shareholders (>5%) | Dragon Amity Ltd (59.10%) OSK Investment Bank Berhad (5.02%) |
| Key Subsidiaries | Bibit Indonesia Leong Ayamsatu Primadona Prima Fajar Quality Indonesia |
Stock Quote Malindo Feedmill - MAIN:
Business Summary
Malindo Feedmill is a fully integrated poultry company. Its subsidiaries are responsible for the production and marketing of parent stock DOC, commercial DOC and broiler chickens. The company is also eager to expand in further processed chicken food products.
Parent stock breeding farms are located in Purwakarta (West Java), Subang and Cikaum (West Java), Gunung Kidul (Central Java), Probolinggo and Lumajang (East Java), Banjarmasin (South Kalimantan), Pontianak (West Kalimantan), Deli Serdang (North Sumatra) and Lampung (South Sumatra).
Grandparent stock breeding farms operate through subsidiaries in Majalengka (West Java), and broiler farms in Bandung, Bogor, Sukabumi, Serang, Subang and Deli Serdang.
Malindo Feedmill's Financial Highlights:
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | |
| Net Sales | 1,729.6 | 1,868.6 | 2,036.5 | 2,634.5 | 3,349.6 | 4,193.1 | 4,502.1 |
| Gross Profit | 159.9 | 232.5 | 388.4 | 460.7 | 638.4 | 717.9 | 322.3 |
| Net Income | 9.0 | 76.0 | 179.9 | 205.0 | 302.8 | 241.2 | (84.8) |
| Total Assets | 859.9 | 885.3 | 966.3 | 1,327.8 | 1,799.8 | 2,214.4 | 3,532.1 |
| Total Liabilities | 815.4 | 766.7 | 710.5 | 906.0 | 1,118.0 | 1,352.0 | 2,453.3 |
| Earnings per Share¹² | 27 | 224 | 531 | 121 | 179 | 142 | (48) |
| Dividend per Share¹² | 4 | 56 | 93 | 25 | 36 | 20 |
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
² numbers adjusted to 1:5 stock split
Source: Malindo Feedmill, Annual Report 2014
Future Projection Malindo Feedmill's Financial Highlights:
| 2018 | 2019 | 2020F | 2021F | 2022F | |
| Net Sales | 6,706.0 | 7,455.0 | 6,869.0 | 7,832.0 | 8,439.0 |
| EBITDA | 637.0 | 628.0 | 421.0 | 681.0 | 811.0 |
| Net Income |
285.0 | 152.0 | 5.0 | 164.0 | 242.0 |
| P/E Ratio (x) | 11.0 | 14.8 | 7.3 | 10.2 | 9.3 |
| P/BV (x) | 1.6 | 1.1 | 0.6 | 0.7 | 0.9 |
in billion IDR rupiah unless otherwise stated
Source: Samuel Sekuritas (29.09.2020)
Location
Contact Details
Jalan RS. Fatmawati No. 39, Komplek Duta Mas Fatmawati
Blok A1, No. 30-31, Cipete Utara, Kebayoran Baru,
South Jakarta - 12150
Phone: +62 21 722 8383
Fax: +62 21 723 7778
Email: [email protected]
malindofeedmill.com