Profile

Industry Sector Property, Real Estate and Construction
Industry Sub Sector Property and Real Estate
Established 10 June 1983
Listed 4 September 1991
Listed Company Code DILD
Listed Shares 10,365,854,185
Dividend Yes
Major Shareholders (>5%) UBS AG Singapore 22.24%
Credit Suisse AG Singapore 19.89%
Key Subsidiaries Taman Harapan Indah
Intiland Grande
Intiland Esperto

Stock Quote Intiland Development - DILD:

Business Summary

Intiland Development, established in 1983, is a leading Indonesian property company with a primary focus on developing superblock and high-rise residential projects in the cities of Jakarta and Surabaya (East Java). The company also develops low-rise residential, industrial estate and investment properties. It primarily develops property for the middle to middle up segments in Indonesian society. Some notable examples are Pantai Mutiara (built mostly on reclaimed land in North Jakarta), the Intiland Tower (green building), the Regatta, and Graha Famili (Surabaya).

Starting from the late 2000s, the company intensified efforts to apply green building principles in all its property projects.

The company has four business divisions:

1. Superblock mixed-use
2. Residential
3. Industrial estate
4. Investment property

Strengths & Opportunities:

Long experience in Indonesia's property industry
Owns sufficient land banks
Has a diversified project portfolio in the Jakarta and Surabaya areas
Low leverage coupled with higher advance payments
New exciting projects in the pipeline
Indonesia has huge housing backlog
Due to robust economic growth and the expanding middle class property demand grows

Weaknesses & Threats:

Relatively low contribution from incurring income
Higher costs of land acquisition and building materials
Change in government's tax regulations ("super luxury goods tax")

Further Reading: Analysis of Indonesia's Property Industry

Intiland Development's Financial Highlights:

     2012    2013    2014    2015    2016
Net Sales
 1,262.0  1,510.0  1,827.9  2,200.9  2,276.5
Gross Profit
   496.2    705.9    993.3  1,042.8  1,036.4
Income before Tax
   276.2    403.7    503.3    457.1    404.3
Net Profit    181.4    323.6    430.5    401.5    298.9
EBITDA    372.2    516.0    664.8
Total Assets
 6,091.8  7,526.5  9,007.7 10,288.6 11,840.1
Total Liabilities  2,140.8  3,430.4  4,539.2  5,517.7  6,782.6
Earnings per Share¹     17     31     42     39     29
Dividend per Share¹
     5     12
P/E Ratio    18.3    10.1    15.6
PBV     0.8     0.8     1.5

in billion IDR rupiah, except otherwise stated
¹ in IDR rupiah
Sources: Intiland Development

Location

Contact Details

Intiland Tower, Penthouse Floor
Jalan Jenderal Sudirman No. 32
Jakarta - 10220
Phone: +62 21 570 1912
Fax: +62 21 570 0014
Email: [email protected]
www.intiland.com