Emtek Group

What Emtek Group does

EMTEK (PT Elang Mahkota Teknologi Tbk) is an Indonesian publicly-listed conglomerate (IDX: EMTK) founded in 1983 and headquartered in Jakarta, operating four integrated business divisions. Its Media & Digital division is the flagship operation, encompassing four Free-to-Air television networks (SCTV, Indosiar, MOJI, and Mentari TV) that collectively command a 40.4% audience share, Indonesia's #1 OTT streaming platform Vidio with 100+ original titles, four production studios (Screenplay Films, SinemArt, IES, IEP), and digital media assets KapanLagi Youniverse (KLY) and Samara. The Healthcare division operates EMC Hospitals and deployed the Biograph Vision Quadra PET/CT scanner in 2025 for 4-minute high-precision cancer diagnostics. Aviation Support Services operates through CAS Group (Cardig Aero Services) providing ground handling, cargo logistics, inflight catering, and aircraft maintenance. Financial Services & Others encompasses Bukalapak (digital commerce with Online-to-Offline distribution), Superbank (which completed the largest digital banking IPO in Indonesia in 2025), and other digital financial services.

EMTEK's revenue model blends advertising (FTA television), subscription (Vidio OTT), transaction fees (digital financial services), and managed services (aviation and healthcare). The company employs multiple go-to-market motions: enterprise/field sales for healthcare and aviation, self-serve product-led growth for Vidio and digital financial services, and channel/distribution through Bukalapak's O2O retail network. In 2025, EMTEK integrated AI-powered content production technology (Whisper Media and MR Factory from Spain), positioning itself as Indonesia's first AI-powered media company. EMTEK reported 2025 revenue of approximately IDR 19.12 trillion (~$1.2B USD), up ~56% year-over-year, with net income of ~IDR 6.79 trillion.

Underlying technology includes integrated VSAT satellite communications infrastructure, AI-driven media production workflows, and proprietary broadcast/OTT platforms spanning live television, on-demand streaming, and digital publishing. The company operates a training institution (IMDE, established 1998) that has produced 1,748 graduates, supporting internal talent pipeline development. Governance is controlled by the Sariaatmadja family (Eddy Kusnadi Sariaatmadja as President Commissioner; Alvin W. Sariaatmadja as President Director), with EMTEK holding recognized leadership in ESG and regulatory compliance across Indonesian capital markets.

Name

Emtek Group

Legal name

PT Elang Mahkota Teknologi Tbk

Website

https://www.emtek.co.id

Company type

Public

Founded year

1983

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

EMTEK (PT Elang Mahkota Teknologi Tbk) is an Indonesian listed conglomerate operating four divisions: Media & Digital (FTA television networks SCTV/Indosiar/MOJI/Mentari, Vidio OTT, content studios), Healthcare (EMC Hospitals), Aviation Support Services (CAS Group), and Financial Services (Bukalapak, Superbank digital bank).

Ownership category

akta.pro rank

Product category

Media Conglomerate

NAICS

Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (516210), Media Streaming Distribution Services, Social Networks, and Other Media Networks and Content Providers (51621)

SIC

Television Broadcasting Stations (4833), Cable & Other Pay Television Services (4841), Services-Motion Picture & Video Tape Distribution (7822)

akta.pro primary industry

Subscriber Identity, Entitlements & Access (SSO, IAM, Paywall) (MPAHAJAB)

akta.pro secondary industries

Customer Support, CRM & Retention Tooling (Helpdesk, Churn, Messaging) (MPAHAJAM), Billing, Payments & Subscription Management (MPAHAJAC)

Keywords

• Free-to-air television
• Ott streaming platform
• Digital media production
• Hospital healthcare services
• Aviation ground handling

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Advertising Revenue: EMTEK generates significant advertising revenue from its Free-to-Air television networks including SCTV, Indosiar, MOJI, and Mentari TV, which collectively hold 40.4% audience share in Indonesia.
2. Subscription Revenue - Vidio OTT: Vidio operates as Indonesia's #1 streaming OTT platform generating subscription revenue from premium content including Vidio Original Series (100+ titles), live TV, and on-demand entertainment.
3. Digital Financial Services: Revenue from digital financial services including Superbank (digital banking IPO), electronic payments, e-commerce through Bukalapak, and ride-hailing applications.
4. Healthcare Services: Revenue from operating EMC hospitals providing medical care services across Indonesia's growing healthcare market.
5. Aviation Support Services: Revenue from integrated aviation services including ground handling, cargo logistics, inflight catering, and aircraft maintenance through CAS Group.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

EMTEK is a diversified Indonesian conglomerate operating four business divisions: Media & Digital (Free-to-Air TV channels SCTV, Indosiar, MOJI, Mentari TV collectively holding 40.4% audience share, the #1 Vidio OTT streaming platform with 100+ original series titles, and content production studios Screenplay Films, SinemArt, IES, IEP); Healthcare (EMC Hospitals with advanced PET/CT diagnostics); Aviation Support Services (CAS Group providing ground handling, cargo logistics, inflight catering, and aircraft maintenance); and Digital/Financial Services (Bukalapak e-commerce via O2O model, Superbank digital banking). The company operates across Indonesia as an integrated content, healthcare, aviation, and digital financial services ecosystem.

Product overview

EMTEK (PT Elang Mahkota Teknologi) is a diversified Indonesian conglomerate with four main business divisions: Media & Digital, Healthcare, Aviation Support Services, and Financial Services & Others. The Media & Digital division is the company's flagship operation, featuring a unified platform-plus-content ecosystem: PT Surya Citra Media (SCM) operates Free-to-Air television networks (SCTV, Indosiar, MOJI, Mentari TV) that collectively achieved 40.4% audience share in 2025, while Vidio serves as the #1 OTT streaming platform with 100+ original series titles. Content production is handled by Screenplay Films, SinemArt, IES, and IEP studios, distributed through digital media KLY (KapanLagi Youniverse) and Samara. The Healthcare division operates EMC Hospitals (launching Biograph Vision Quadra PET/CT in 2025), Aviation Support Services operates through CAS Group (Cardig Aero Services), and Financial Services includes Bukalapak (e-commerce/digital services) and Superbank (digital banking). The company also operates education institutions through IMDE and supports social initiatives via YPP and Indosiar Foundation.

Differentiator

Problem solved

Functional benefit

Brands

• PT Surya Citra Media (SCM): Subsidiary operating nationwide Free-to-Air television channels including SCTV, Indosiar, MOJI, and Mentari TV
• Vidio
• Screenplay Films
• SinemArt
• IES
• IEP
• KapanLagi Youniverse (KLY)
• Samara
• Bukalapak
• EMC Healthcare
• Superbank
• Cardig Aero Services (CAS Group)
• Pundi Amal Peduli Kasih Foundation (YPP)

Products and services

• Vidio OTT Streaming Platform Indonesia's #1 OTT streaming platform offering live TV, exclusive original series, and premium on-demand entertainment to Indonesian consumers; largest subscriber base per MPA's Asia Pacific Video & Broadband Industry 2024 Report.
• SCTV Free-to-Air (FTA) nationwide television channel and one of Indonesia's most-watched networks, broadcasting entertainment, news, and live sports to Indonesian audiences.
• Indosiar Free-to-Air (FTA) television channel and one of Indonesia's most-watched networks, known for talent shows such as D'Academy; part of PT Surya Citra Media.
• MOJI Free-to-Air (FTA) television channel operated by PT Surya Citra Media, broadcasting to audiences across Indonesia.
• Mentari TV Free-to-Air (FTA) television channel operated by PT Surya Citra Media (SCM), broadcasting to audiences across Indonesia.
• EMC Healthcare EMTEK's healthcare division operating hospitals providing medical care services across Indonesia, addressing growing healthcare demand with advanced diagnostics including PET/CT.
• Cardig Aero Services (CAS Group) Integrated aviation support services including ground handling, cargo logistics, inflight catering, and aircraft maintenance for airline customers and airport operators across Indonesia.
• Bukalapak Digital commerce platform providing virtual products, digital financial services, and technology-based commerce solutions reaching consumers and SMEs nationwide through an Online-to-Offline (O2O) model.
• Superbank Digital banking service offering banking and electronic payment solutions to Indonesian consumers and SMEs.

Quantifiable outcome

• 40.4% combined FTA television audience share in Indonesia
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature4 records

Partnerships

Four partnerships are on record, tiered core.

• Whisper Media (Spain)coreTechnology or Integration · 1 January 2025EMTEK became Indonesia's first AI-powered media company in 2025, leveraging Whisper Media technology from Spain to transform content production and workflow efficiency.
• MR Factory (Spain)coreTechnology or Integration · 1 January 2025MR Factory technology from Spain was integrated into EMTEK's media operations, enabling AI-powered content production capabilities as part of EMTEK's transformation into Indonesia's first AI-powered media company.
• BukalapakcoreStrategic or Co-development PartnerEMTEK partners with Bukalapak to expand access to the digital economy in Indonesia. Through this partnership, EMTEK provides virtual products, digital financial services, and technology-based commerce solutions reaching consumers and SMEs nationwide via an Online-to-Offline (O2O) model that empowers traditional retail networks.
• PT Vidio Dot ComcoreOthersVidio.com is EMTEK's subsidiary and Indonesia's #1 OTT streaming platform offering live TV, exclusive originals, and premium on-demand entertainment.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• MNC Group (PT Media Nusantara Citra Tbk): Indonesian media conglomerate operating competing FTA television networks (RCTI, MNCTV, GTV, iNews), content production, and digital media. Closest direct peer to EMTEK's Media & Digital division with comparable business model and Indonesian audience focus.
• PT Surya Citra Media Tbk (SCM): EMTEK's wholly-owned subsidiary that operates SCTV and Indosiar. Relevant as a publicly listed pure-play FTA television peer whose stock valuation provides a market reference for the broadcasting segment.
• Bukalapak (direct competitor lens) — Tokopedia: Leading Indonesian e-commerce marketplace competing with EMTEK-affiliated Bukalapak. Comparable business model, customer base, and Indonesian-market focus makes it the most relevant peer for the digital-commerce division.
• Viu (PCCW media): Asian OTT streaming service with strong Southeast Asian presence including Indonesia. Competes with Vidio for Asian-drama and regional content subscribers, offering a directly comparable OTT business model in the same geography.

Broad incumbents

• Netflix: Global OTT streaming leader actively investing in Indonesian-localized original content. Direct competitor to Vidio in Indonesia's premium streaming segment with substantially larger content budget and international franchise library.
• Disney+ Hotstar: Global OTT competitor operating in Indonesia with strong international content (Marvel, Disney, sports). Competes with Vidio for premium subscription share in the Indonesian market.
• Astra International: Indonesia's largest diversified conglomerate spanning automotive, financial services, heavy equipment, and digital. Comparable as a publicly listed Indonesian multi-vertical conglomerate with similar conglomerate-discount dynamics, though with different sector mix.

Regional players

• Astro Malaysia Holdings: Malaysian pay-TV and OTT operator with comparable broadcast-plus-streaming model. Operates in a different Southeast Asian geography but offers directly comparable pay-television and digital content distribution business model.

Others

• Sinar Mas (Sinar Mas Group): Indonesian conglomerate with media (SCTV-adjacent history), financial, and digital investments. Comparable as a large Indonesian diversified group, though EMTEK and Sinar Mas are not direct competitors across most segments.
• Indosat Ooredoo Hutchison: Major Indonesian telecommunications operator adjacent to EMTEK's digital infrastructure and content distribution activities. Relevant ecosystem participant for connectivity and content distribution partnerships rather than direct competition.

Market position

Strengths5 records

Weaknesses2 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pt.-elang-mahkota-teknologi

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries14 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments28 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Emtek Group