Source file signed link, expires in 15 minutes
Extracted text 18
Page 1
PUBLIC EXPOSE 2025
INTIKERAMIK
ALAMASRI
INDUSTRI TBK
The Path to
Recovery
Building a Sustainable Future
Page 2
Disclaimer This presentation has been prepared by PT Intikeramik Alamasri Industri Tbk (“IKAI”) using internal information that has not been independently examined or verified. The content provided herein is intended exclusively for general informational purposes regarding IKAI’s business activities, financial condition, operational developments, and strategic initiatives. Nothing in this material should be interpreted as, or relied upon as, an offer, solicitation, or invitation to purchase or subscribe to IKAI securities in any jurisdiction. No part of this presentation should form the basis of, or be relied upon in connection with, any contract, commitment, or investment decision. Prospective investors should seek advice from qualified professional advisors before making any investment decision. This presentation may contain forward-looking statements, which reflect current assumptions, expectations, and projections regarding future events. These statements are subject to known and unknown risks, uncertainties, and other factors—including economic, political, regulatory, and market conditions—that may cause actual results to differ materially from those anticipated. IKAI does not undertake any obligation to update, revise, or reaffirm forward-looking statements contained herein as a result of new information, future events, or otherwise. Neither IKAI nor any of its affiliates, advisors, or representatives shall be liable for any loss or damage arising from the use of, or reliance on, the information contained in this presentation. All information remains subject to change without prior notice.
Page 3
2025 in Brief
Recovery Period and Comprehensive Redefinition of Corporate Trajectory
Growth Challenges Highlight Target
EBITDA Q4 2025 Manufacturing Manufacturing 2026 Outlook
73,92% (fy2025) Positive Book
16,83%
MAJOR MAINTENANCE
SCARCITY OF GAS SUPPLY BACKORDER RATE
Q4 2025 result is an
insight and the baseline
Hotel Hotel
of 2026 Outlook
ACCOUNTING PRACTICE 95,32% (SIGM.Q4 2025)
LOAN STRUCTURE OCCUPANCY RATE
✗ Business Process Solid indicators toward a ✓ Supply Chain Security
✗ Accumulated Loss better future ✓ GCG
✗ Negative Equity ✓ Digitalization &
✗ Liabilities Modernization
Q1 Q4 ✗ Governance
*Data based on Dec-25 forecast
Page 4
Financial Performance KEY INDICATORS
Page 5
V-shaped pattern: early decline → mid-year stabilization → strong year-end rebound
FY 2025 Consolidated
Revenue Growth Trajectory
Quarterly result depicting early result of recovery process Rp. 149.41
↑ Q4 Peak Revenue
B
Q1 Q2 Q3 Q4 Momentum Build
60 Positive response from Recovery process in Q3,
resulted significant improvement as shown in Q4
51.68
50
40
Quarterly Performance
31.44 pre-recovery period (Q1 and Q2) → start recovery (Q3)
35.3
30 → early result of recovery (Q4)
30.99
20
10 Strong Result in Q4
Growth rate in Q4 (+71%) is indicator of successful
recovery
0
Q1-Q3 Q4
*Data based on Dec-25 forecast
Page 6
FY 2025 Consolidated
Quarterly Financial Comparison Rp. 71,87 B
Consolidated heatmap analysis showing performance progression (Q1-Q4 2025) Gross Profit
100%
Rp. -10,81 B
80% Recovery Operating Profit
preliminary result
57.16%
60%
40%
42.55% 43.69% 43.80%
Rp. 1,11 B
Ebitda
20% 14.08% 16.83%
2.23%
0%
Q1 Q2 Q3 Q4
-9.01% -10.76%
-20% -14.49%
-22.17%
-25.57%
-40%
Gross Operating EBITDA
*Data based on Dec-25 forecast
Page 7
Segment Operations
How much each segment is contributing to the group
43% 44% 47% 56%
Rp. 22,02b Rp. 15,42b Rp. 19,87b
24,16b
Rp.
Q1
Q4 Q1
Q4
Hotel Manufacturing
Q2
Q2
56%
Q3 Q3
60% 40%
Rp.18,79b 17,33b
Rp. Rp. 12,65b 44%
Rp. 13,66b
*Data based on Dec-25 forecast
Page 8
Manufacturing Segment Performance Total Production FY 2025
Quarterly production report confirms the result of maintenance cycle
789,453 M2
↑ Q4 Peak Production
MOMENTUM
282.394
Recovery Phase
237.984 Strong rebound from Q2 maintenance
trough, demonstrating recovery of
production result.
+196%
Profit Margin (Q1 vs Q4*)
140.231
128.842
Optimized
Profitability
138%
Production Rate
74%
*Data based on Dec-25 forecast
Matte Production Polished Production Total Volume Trend (M2) *Q4 is only running on 1 production line
Page 9
Hotel Segment Performance
High Quarterly Occupation Rate is not realized into healthy profit FY 2025 Average Occupany
SBBO
Occupancy Rate Swiss-Belhotel Bogor
120%
100%
81%
91% 91%
88%
95%
74,56%
80% 74% 74%
60%
63%
49%
SIGM
40% 42% 41% Swiss-Belinn Gajah Mada Medan
40%
20%
89,63%
0% 8%
Q1 Q2 Q3 Q4
-20%
-17%
SAKA
-23%
-26%
Hotel Saka Medan
-40%
SBBO SIGM SAKA NOP
42,95%
*Data based on Dec-25 forecast
Page 10
Challenges & Constraints KEY RISKS AND CURRENT MITIGATIONS
Page 11
Key Challenges Matrix
Strategic categorization of operational and environmental risk factors
Operational Infrastrucure Human Capital
Major Maintenance Cycle Major Transition Cycle
Downtime Windows: Scheduled shutdowns Capability Gaps: Shortage of specialized technical
impacting continuous production flow in Q2/Q3 skills for modernized, digital environment
Process Efficiency Macro Environment
Business Practices External Factors
QC Standardization: Variation in product quality Regulatory Landscape: Evolving environmental
across shift requiring unified SOPs compliance standard impacting cost structures
Page 12
Essential Findings On Barriers to
Fundamental Growth
Strategic response plan to operational risks and efficiency targets
Hotel Saka Medan Huge Liabilities
Settlement of Non Performing Loan Settlement of past liabilities
The Company is arranging a settlement The Company is implementing a
program for its Non Performing Loan structured settlement program for
debts and formal realignment of its
fiscal administration and tax
obligations
Page 13
Impact & Mitigation Actions
Strategic response plan to operational risks and efficiency targets
Business Impacts Mitigation Strategy & Target
Production Volatility Preventive Maintenance Calendar
Inconsistent output levels due to maintenance gaps Predictive Maintenance Scheduled
affecting delivery commitments
Cost Pressure Skills Upgrade
Rising energy cost and unscheduled repair expenses Technical Training program for operators
eroding margins
Schedule Disruptions SOP & Automation System
Unplanned downtime creating bottleneck in Redesign workflows and system administrator
downstream processing
Compliance Risk Energy Hedging & Efficiency
Evolving environmental regulations requiring
Locking Rates and optimizing consumption patterns
immediate operational adjustment
Page 14
Strategic Initiatives & Outlook FROM STABILIZATION TO PROFITABLE GROWTH
Page 15
Growth Strategy & Market Outlook
Integrated framework for sustainable expansion and value creation
PER-SEGMENT OPS
TARGETS
Define KPI thresholds for
MARKET efficiency & yield
ACQUISITION
PROGRAM
BUSINESS PROCESS Business expansion
MODERNIZATION & customer
Digital transformation & diversification
automation workflows
PEOPLE & SKILL
UPGRADE
Workforce capability
building & leadership
development.
Page 16
Growth Strategy & Market Outlook Integrated framework for sustainable expansion and value creation Market Outlook Essenza by Mandala Consulting Market Outlook Hotel Positioning: Essenza is in Luxurious Brand Market : Shifting Segment and greater ❖ Essenza as Premium Ceramic Products diversification Healthier Revenue Stream: New Product Lines Profitability Over Volume : Average Room Rate Sales absorption rate (sales : production) increased from 82% in 2022 to over 100% in 2024. ❖ This indicates that demand for Essenza’s products remain strong
Page 17
Path to Profitability & Projections
Transformation trajectory and financial recovery roadmap
FY 2025 TARGET TRANSFORMATION JOURNEY
Per-Segment Ops Targets
Restoring shareholder equity through
asset optimization & debt restructuring
LOSS EFFICIENCY PROFIT
HISTORICAL CURRENT PHASE 2026 TARGET
SUBSIDIARY HEALTH
Improved Collectability
Enhanced receivables management and
cash flow from subsidiary operations
BALANCE SHEET
Equity Strengthening
Fundamental improvements in capital
structure and financial resilience
Page 18
Thank You
Menara Bidakara 2 Lt. 1 Jalan Gatot Subroto
Kav. 71-73 Pancoran – Jakarta Selatan 12870
(+62 21) 8370 0435
corporatesecretary@intikeramik.com
Names mentioned 1 people and organisations named in the text · linked when the evidence is strong
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.