Skip to content
Back to announcement

20260331_KINO_Public Expose_32056630_lamp2.pdf

Other Text extracted KINO

Source file signed link, expires in 15 minutes

This browser can't display the PDF inline. Open it in a new tab.

Extracted text 16

Page 1
Public Expose
     FY25 Audited
Page 2
Agenda



 1. Leadership Team

 2. 2025 Performance

 3. What’s Next in 2026




                          2
Page 3
Leadership Team




    HARRY SANUSI        ANGGARA A. LINANDA      BUDI SUSANTO
   President Director        Director             Director




   KURDI GUNAWAN        VEBBYNA DEWIANTI     NURINDRA PRAWARIANTO
       Director              Director              Director
Page 4
Agenda



 1. Leadership Team

 2. 2025 Performance

 3. What’s Next in 2026




                          4
Page 5
   Summary

Profit and Loss

1. Revenue grew by 1.2% YoY to Rp4.42T, with improved gross profit margin from 43.1% in FY24
   to 43.6% in FY25.
2. EBITDA margin increased to 11.1% or Rp490B in FY25 from 10.4% or Rp455B in FY24.
3. S&M (excl A&P) slightly increased from 12.2% to 12.3% of revenue in FY25 given continuous
   development of sales infrastructure, while G&A decreased to 7.6% of revenue in FY25 vs 8.3%
   in FY24 contributed by more efficient operation.
4. A&P as % of revenue went up from 17.7% in FY24 to 18.4% in FY25.
5. All in all, FY25 NPAT reached Rp126B, representing 2.8% of total revenue, and an increase of
   Rp37B from FY24.

Balance Sheet and Cash Flows

1. CCC were stable at 63 days in FY25, the same as FY24.
2. Strong FY25 operating CF at Rp638B (vs Rp409B in FY24), used for loan repayment.
3. O/S bank loan is at Rp1.5T as of Dec-25, 11.8% lower (~Rp200B net principal repayment) vs
   Dec-24, and as a result, net debt / equity improved to 0.8 from 1.0.


                                                                                                  5
Page 6
       Revenue grew by 1.2% and GPM improved by 0.5 percentage point
       with efficiency in production process
Revenue                                              Gross Profit and GPM
RpB                                                  RpB

                                     +1.2%
                                                                            GPM      GP

                              4,367          4,422                                                +2.2%
                      4,136
      3,977                                                45.2%
                                                                             41.7%        43.1%       43.6%
              3,631
                                                                   36.0%
                                                                                          1,885           1,926
                                                           1,796
                                                                             1,724


                                                                   1,309




      2021    2022    2023    2024           2025          2021    2022      2023         2024            2025

                                                                                                                  6
Page 7
      Beverage is still the largest but with less contribution to the total Sales;
      Meanwhile Personal Care and Pet Food’s contribution become larger

Revenue by Segment
RpB

                              Personal Care      Beverages   Foods   Pharmaceutical   Pet food


                          Sales in RpB                                      Segment proportion in %

                              +1.2%

             4,367                            4,422                      4,367                     4,422

             1,593                            1,623                                                36.7%
                                                                         36.5%




                                              2,345                      53.8%                     53.0%
             2,351




             367                              342                        8.4%                        7.7%
        33                               38           74              0.7% 0.5%                  0.9% 1.7%
                     23
             2024                             2025                        2024                       2025

                                                                                                             7
Page 8
       Both EBITDA and NPAT grew YoY by Rp34B and Rp37B,
       respectively, contributed by higher Sales and GP
EBITDA and EBITDA Margin                                                      NPAT and NPM
RpB                                                                           RpB

                        EBITDA Margin           EBITDA                                                     NPM    NPAT




   11.4%                         11.6%
                                               10.4%          11.1%                 2.5%                                   2.8%
                                                                                                           1.9%     2.0%



      452                         478           455           490                    98                     77       89    126




                                                                                                -26.2%
                  -15.2%

                   -553                                                                          -950
      2021         2022          2023          2024           2025                  2021         2022      2023     2024   2025

Notes: EBITDA is calculated by adding back interest-net, tax, depreciation and amortization to the NPAT.                          8
Page 9
      S&M’s CR slightly increased by 0.1 percentage point, while G&A’s
      CR the lowest in 5 years
S&M (excl, A&P) and as % of sales                                     G&A and as % of Sales
RpB, %                                                                RpB, %

                  % of Revenue          S&M (excl. A&P)                                   % of Revenue   G&A


                  14.5%                                                           19.2%
                                                     +2.2%                                                      -6.7%
   13.2%
                                              12.2%           12.3%

                                 10.2%                                10.4%
                                               534             545                               8.2%    8.3%
     524           525                                                              697                                 7.6%

                                 422

                                                                          412
                                                                                                         362            338
                                                                                                338




    2021          2022          2023          2024            2025       2021      2022        2023      2024           2025

Notes: S&M excl. A&P but incl. MP and delivery; GA incl. MP                                                                    9
Page 10
       A&P higher by 5.3% YoY with increased BTL portion. CR is higher
       by ~0.7 percentage point YoY
A&P
RpB
                                                          % of Revenue               ATL   BTL

                                           23.5%

        18.9%                                                                                                    18.4%
                                                                                18.1%            17.7%


                                                                                                         +5.3%
                                             852
                                                                                                                  812
             752                                                               747                771
                                             171
                                                                                                                  153
             110                                                                                  171
                                                                               238



             642                             681                                                                  659
                                                                                                  600
                                                                               510



            2021                            2022                               2023              2024             2025

Notes: BTL includes in-store promo, disers, cash discounts, listing fee, etc                                             10
Page 11
      Working capital is well-maintained with CCC at 63 days

A/R and A/R Days                                           A/P and A/P Days
RpB, Days                                                  RpB, Days
                           A/R Days      A/R                                    A/P Days     A/P

     131
                    115
                                                     77           78                   78          79     74
    1,458                       79             77                         71

                               949        911       976
                    867
                                                                                      602          486    545
                                                                  470    446


    2021           2022        2023       2024      2025          2021   2022         2023         2024   2025
Inventory and Inventory Days                               Cash Conversion Cycle (CCC)
RpB, Days                                                  Days
                WIP Days       FG Days      RMPM Days
   Inventory:
     605            450        438         465      381
                                                                  159
   Total Inventory days:
     107            82         66          65       61                   126
      4                                                                               67             63         63
     58             3            3         4         5
                    41                     23
                                29                   20
     45             37          35         39        37
    2021           2022        2023       2024      2025          2021   2022         2023         2024   2025

                                                                                                                     11
Page 12
      Repaid ~Rp200B in FY25, bank loan at the lowest in 5 years, the
      net debt/equity improved from 1.0x to 0.8x
Bank Loan
RpB
                                ST Loan    CPLTD      LT Loan
                                                                          -11.8%
                        2,238
        1,800                              1,822                1,723
                         959                                                              1,519
         759                                811
                         240                                    977
         153                                265                                           1,089
                        1,039    1,279                  1,011   316
         888                                746                           746          268
                                                                430                                        430
                                                                                             162
        2021            2022                2023                2024                      2025
Net Debt and Equity
RpB
                                     Net Debt      Equity                 Net Debt / Equity
                                                                        1.3
                                                                                1.0        1.0      0.8
         2,688                                                    0.6

                                                                 2021   2022    2023     2024       2025
                                                                                                 1,746
         1,596
                                                                                          1,395


         2021           2022                2023                2024                      2025

                                                                                                                 12
Page 13
       Strong operating cashflow to pay back loan

Cash Flows
RpB
                                                     CFO       CFF        CFI       FX Impact          Other

          Cash Balance:
                204                           195                            166                             121                            124

          Net Change in Cash:
                20                             (9)                          (28)                           (45)                              3




                                                                                5

                                                                                                         6     49
                                                                             750                                                            638
               592                            22
                                                                                                             409
                                              240
                                                                            -108                           -127                             -208
               -354                          -257
                                              -14                                                          -381
               -214                                                         -599                                                          -409
                 -4                                                                                                                     -3 -16
                                                                             -58

               2021                          2022                           2023                          2024                              2025

Notes: “Other” in FY23, FY24, and FY25 refers to cash in KFI. Due to the liquidation process, the auditor decides to report it separately          13
Page 14
Agenda



 1. Leadership Team

 2. 2025 Performance

 3. What’s Next in 2026




                          14
Page 15
  Kino’s key initiatives in 2026




Operational Excellence &   Customer-Centric Market
                                                     Scaling Proven Innovations
       Efficiency                Expansion


                                                                              15
                                                                              15
Page 16
Thank You




  www.kino.co.id

File

File Open PDF
Source IDX
Size0.9 MB
Published31 Mar 2026
Pages16
Characters15,467
Text sourceEmbedded text layer
OCR confidence—

Names mentioned 6 people and organisations named in the text · linked when the evidence is strong

linked person HARRY SANUSI p.3
linked person BUDI SUSANTO p.3
linked person KURDI GUNAWAN p.3
linked person VEBBYNA DEWIANTI p.3
linked person NURINDRA PRAWARIANTO p.3
unresolved org Bank Loan RpB ST Loan p.12

Extraction attempts how the parser did, and what it refused

Nothing structured was extracted from this document — the attempts below say why.

No extraction attempted yet.

↑↓ select ↵ open ⇧↵ see every result