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                                            08/06/2026




          PUBLIC EXPOSE
  PT. PELANGI INDAH CANINDO, TBK ( PICO )
         JAKARTA, 12 JUNE 2026




              Daftar isi :
 COMPANY PROFILE
 PRODUCT OVERVIEW
 FINANCIAL & OPERASIONAL
  PERFORMANCE
 FINANCIAL PROJECTION
 BUSINESS PLAN




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       INFORMASI PERUSAHAAN (COMPANY
                  PROFILE)

BERDIRI/DATE OF ESTABLISTMENT : 26 SEPTEMBER 1983


BIDANG USAHA/CORE BISNIS: INDUSTRI WADAH DARI LOGAM,
  KEMASAN KALENG, STEEL DRUM DAN METAL PRINTING.


MODAL DASAR/ AUTHORIZED CAPITAL : RP. 522,905,000,000.-
DITEMPATKAN/FULLY PAID CAPITAL    : RP. 130,726,250,000,-




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                                5




• MILES STONE (JEJAK LANGKAH)




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•Steel drum 209 litres
( for lubricating oil and packaging food
grade
Production Capacity
2,500,000 Drum / Tahun




Plastic Drum  FOH / DLR / SLR
Production Capacity
576,000 Drum per tahun




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     * Metal Printing
        Production Capacity
     4,500,000 Sheet per tahun



       - Metal Battery Jacket Sheet

       - Metal Printing Sheet



     * Metal Battery Jackets
       Production Capacity 50,400,000 pcs / Month
       We curenttly have 3 machines

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                                                                       Historical Financial Performance

                                              100.000                                                  700000
IDR Mio (Net Income, EBITDA, Gross Profti)




                                               80.000                                                  600000


                                               60.000
                                                                                                       500000
                                                                                                           IDR Mio (Sales)




                                                                                                                             The Decrease of Sales due to the high price of raw
                                               40.000                                                                               materials and lack of working capital
                                                                                                       400000                o Historically, sales in 2021 and 2022
                                                                                                                               experienced a significant increase due to an
                                               20.000                                                                          increase in sales of drum products such as
                                                                                                       300000                  steel drums and plastic drums. In addition, the
                                                                                                                               Company also shifted its focus on selling pail
                                                   -                                                                           can products due to rising raw material prices
                                                                                                                               and limited working capital.
                                                                                                       200000
                                              (20.000)                                                                       • Achievement of performance in 2023-2025 is
                                                                                                                               quite good with an increase in sales, net
                                                                                                                               income and ebitda.
                                                                                                       100000
                                              (40.000)                                                                       • Performance achievements in 2023-2025 will be
                                                                                                                               better due to increased sales, net profit, and EBITDA..

                                              (60.000)                                                 0                     • The projection for 2026 is expected to be even better
                                                            2021   2022   2023   2024   2025 2026-P
                                             Net Income -48357 8905       3970   2767   4993   12158
                                             EBITDA         1331   33181 30103 41749 39031 32720
                                             Grosss Profit 16614 60843 52603 66779 72298 85707
                                             Sales         455741 549570 547818 600291 582286 625200




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                                            Historical Product Performance
Sales Contribution
                                                                                      Sales are dominated by steel component products in in
                                                                                                             2021-2025
                           100%
                                                                                        o Historically, the Company has sold several products,
                           90%                                                            namely Steel Drum, Asphalt Drum, Pail Can, Plastic
                                                                                          Drum, Metal Jacket and Printing Services.
                           80%
                                                                                        o Steel Drums provides the largest sale contribution
                           70%                                                            with a total of 72,16 in 2021, 68,21% in 2022 and
                                                                                          73,7% in Y2023, 74,6% in Y2024, and 74,8% in Y2025
                           60%                                                            while the second largest contributor came from Stell
                                                                                          Component Product with an average sales of
                           50%
                                                                                          11,73% in 2021, 13,93% in 2022, 11,8% in Y2023 ,
                           40%
                                                                                          11,7% in Y2024 and 11,9% in Y2025
                                                                                        Shifting to focus more on steel drum production
                           30%
                                                                                               due to increase in demand and higher
                           20%                                                                              profitability
                                                                                        o In 2021 up to now, the Company have focus its
                           10%
                                                                                          business plan for Steel Drum production due to its
                            0%                                                            higher margin as well as to fulfill Pertamina’s and
                                    2021     2022    2023    2024    2025    2026-P       Shell’s demand.
  Steel Component, Plate Cutting,
                                    0,117    0,139   0,118   0,117   0,012   0,127
           Waste Plate                                                                  • Plastic Drum in 2022 increase 9,4% in 2021 to
  Printing                          0,023    0,034   0,011   0,009   0,019   0,016        10,55% in 2022 , 10,4% Y2023. and 8,5% Y 2024 and
  Metal Jacket                      0,032    0,020   0,022   0,028   0,060   0,026        8,4% Y25.
  Plastic Drums                     0,095    0,106   0,104   0,085   0,080   0,082
  Pail Can                          0,012    0,019   0,008   0,015   0,013     -
                                                                                        o Steel Component products are products that do not
  Asphalt Drums                     0,047    0,042   0,052   0,039   0,033   0,032
                                                                                          require any further assembly production process,
  Steel Drum - Pertamina            0,131    0,341   0,342   0,297   0,322   0,323        which can be sold directly to the similar companies.
  Steel Drum - Private              0,362    0,341   0,311   0,410   0,392   0,394        These products are relatively lower margin in
                                                                                          comparison with other products




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                                                      Historical Sales Performance

     300.000                                                                                                                                                              250.000


     250.000
                                                                                                                                                                          200.000

     200.000
(in IDR Mio)




                                                                                                                                                                          150.000

     150.000
                                                                                                                                                                          100.000
     100.000

                                                                                                                                                                          50.000
          50.000


                   -                                                                                                                                                      -
                                   2021                 2022                   2023                    2024                     2025                   2026-P
               Steel Drum Swasta     Asphalt drum   Pail Can   Plastic Drum    Metal Jacket    Printing Service    Steel Component, Plate Cutting, Waste     Steel Drum Pertamina

                Improved sales performance of steel drums
                In 2023 and 2025 the drum product market experienced an increase in sales performance.
                o Under normal conditions, demand for canned products from the consumer goods sector during Eid Mubarak is
                  higher, in 2025 demand is decrease 3%.
                o Y 2023 Sales of Pail Can and Metal Printing products decreased significantly due to high raw material prices, so
                  the company reduced Pail Can production., but Y 2024 Sales of Pail Can dan Metal Printing product Incrased. And
                  Y2026 the Company will stop production of Pailcan..




                                                                              FINANCIAL HIGHLIGHT
                       (In 000 rupiahs)

                                   Description                  2022                  2023                  2024                   2025                    2026-P
                                                                Actual                Actual               Actual                 Actual             Projection

                       Total Revenue                           549.569.631 547.818.227                   600.290.597            582.286.075                625.200.000



                       Gross Profit                             60.843.209        52.602.740               66.778.592             72,297,836                85.706.967



                       Net Profit                                8.904.522            5.659.644              2.767.225              4,992,596               12.158.696



                       EBITDA                                   26.501.405        24.918.768               41.749.000             39,031,008                32.720.510



                       DSR (Ebitda/liabilities)                     25,9              15,5                 11,75                  8,536                      9,8



                       Net Profit to Equity                     4,5%                  2,7%                 2,2%                    2,4%                     5,5%



                       Current Ratio                                    2,37
                                                                                      2,09
                                                                                                            1,58                   0,88                      1,1



                       DER (Debt to Equity
                                                                                                            1,71                   2,18                     1,05
                       Ratio)                                    3,31                 1,73



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  ,
                                   REVENUE PROJECTION
  (in 000 rupiahs)

           Description                 2022           2023                2024               2025                 2026-P

                                       Actual         Actual             Actual              Actual             Projection

      REVENUE

  •      Steel Drum                    374.837.288   403.518.181        448.249.300          435,384,839          468.425.000


  •      Plastic Drum                   58.006.657                        50.309.347           46,466,224           51.250.000
                                                      56.881.356

  •      Pail Can                       10.599.367     4.627.023           8.571.433            7,487,091                         0


  •      Metal Jacket                   11.138.312                        23.087.407           14,355,394           16.500.000
                                                      12.233.725

  •      Printing Services              18.431.931     5.940.435          23.087,407          110,869,161            9.825.000

         Material & Metal
  •                                     76.556.076    64.617.506          69.708.926           67,723,366           79.200.000
         componen

      Total Revenue                    549.569.631   547.818.227        600.290.597          582,286,075             662.860.055




                                                Current Condition

                                                                                            Description
                             Factors

                                                               • Pertamina's 3-year contract period will end in September
                                                                 2026 and will face a tender for the 2026-2029 contract
               • Sales Contract with Pertamina                   period.
                                                               • he company is gradually increasing sales of steel drums and
External       • The High price of Raw Materials                 focusing on plastic drums, accompanied by price
Factor                                                           adjustments.
               • Increase of Customer Demand
                                                               • The increase in demand for metal drums is driven by
                                                                 increased consumer purchasing power in the mining and
                                                                 manufacturing sectors.

Internal                                                       • The increase in sales volume causes the gross profit margin to
Factor         • Increase in Economics of Scale                  increase.

                                                               • Working capital requirements increase due to increased sales volume
               • The Lack of Working Capital                     and price of raw materials.

               • Homomogtion (PKPU)                            • Payment of homologation obligations since June 2022-Dec 2025 is
                                                                 proceeding according to schedule.




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                                Business Plan

                                       Business Plan



                              • The Company will focus on steel drum production and increasing sales at
                                competitive prices, which it believes will lead to higher profitability.
  Focus on steel drums        • Utilization of steel drums sales production in 2023 have only reached 60% and
  production/sales and          in 2024 reached 70% and slightly decreasing to 69% of production capacity in
  increase sales to new         2025. In the future, the Company will focus on increasing steel drums
        markets                 production with a higher target utilization rate at 75%
                              • For the target market, the Company strives to serve the production of steel
                                drums including avtur fuel packaging, and to serve customers at more
                                competitive prices. In addition, there was an increase in production demand
                                by private customers, namely Shell, Federal Oil, Castrol, Pardic Chemicals, and
                                BASF.




                              • The decline in Pail Can sales in 2020 up to 2024 was due to high raw material
                                prices which impacted the Company's profitability and caused the Company
  Pail can Product and to       to shift its focus to other profitable products. Due to this, starting in 2026, the
increase metal jacket sales     Company has no plans to increase Pail Can sales.
 by exploring new markets
                              • Metal jacket sales also decreased since 2021 and going forward the company
                                will continue to strive to increase sales by proposing several battery
                                companies such as Panasonic battery.




                   PENGHARGAAN DAN
                      SERTIFIKAT
                  AWARD & CERTIFICATES




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              Numbers of Staff : 530 staffs
             ISO 9001 : 2015 CERTIFICATE
UN Mark CERTIFICATE UN 1 MM & CERTIFICATE UN 0,9 MM




              Health and Safety procedure




                                                      21




           Certified of HAS-23000




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     Certified UN MARKING for Steel drum 209 litres




Certified UN
 MARKING
 for Plastic
 drum DLR




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Thank You.




                     15

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