Nusa Palapa Gemilang Tbk

What Nusa Palapa Gemilang Tbk does

PT Nusa Palapa Gemilang Tbk (IDX: NPGF) is an Indonesian specialty fertilizer manufacturer founded in 2001 and listed on the Indonesia Stock Exchange in April 2021. The company operates a dry-granulation production facility in Gresik, East Java, with installed annual capacity of 72,000 tons, producing NPK compound fertilizers (Ferticomp, SinutriHS), controlled-release fertilizer (CCF Ferticote), micronutrient blend NutrimixGT, and water-soluble grades including MKP and KNO3. The product line addresses both commodity NPK demand and higher-value specialty applications such as plantation fertilization and fertigation.

The company's commercial model targets the Indonesian plantation and agricultural sectors, with oil palm plantations as the principal customer segment. Sales channels reach large enterprise plantation operators as well as smallholder farmers, with distribution extending across Java, Sumatra, and Kalimantan. Revenue is generated primarily through bulk shipment contracts with plantation-scale buyers, with pricing tied to product specification, formulation customization, and volume commitments. A 2026 palm oil plantation supply contract valued at Rp217 billion illustrates the enterprise-anchor revenue mechanics.

Financially, NPGF reported FY2025 revenue of IDR 225.8 billion (approximately USD 14 million) and net profit of IDR 4.34 billion, representing 34.4% revenue growth and 45.4% net profit growth year-over-year on a 69% increase in production volume. The company operates with a workforce of 11-50 employees, supplements working capital through a Rp54 billion bank credit facility, and follows a dividend policy distributing 30% of prior-year net profit. The 2021 IPO raised Rp64.8 billion in primary capital.

Name

Nusa Palapa Gemilang Tbk

Legal name

PT Nusa Palapa Gemilang Tbk

Website

https://ptnpg.com

Company type

Public

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

PT Nusa Palapa Gemilang Tbk is an Indonesian specialty fertilizer manufacturer producing NPK compound, controlled-release, micronutrient, and water-soluble fertilizers for oil palm plantations, agriculture, and smallholder farmers across Indonesia.

Ownership category

akta.pro rank

Product category

Agricultural Fertilizers

NAICS

Fertilizer and Compost Manufacturing (32531), Phosphatic Fertilizer Manufacturing (325312), Fertilizer (Mixing Only) Manufacturing (325314)

SIC

Industrial Inorganic Chemicals (2810)

akta.pro primary industry

NPK/Compound & Blended Fertilizers (Granular Blends, Bulk Blending) (AFABABAD)

akta.pro secondary industries

Fertilizer Production & Granulation Services (Tolling, Compaction, Prilling) (AFABABAI), Water-Soluble Fertilizers (WSF) & Fully Soluble NPK Blends (AFABACAB), Fertilizer & Micronutrient Formulations (NPK blends, chelates, suspensions) (AFABAIAB)

Keywords

• Compound NPK fertilizers
• Water-soluble fertilizers
• Controlled release fertilizers
• Plantation crop nutrition
• Agricultural chemicals

Headquarters

HQ city

Surabaya

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Fertilizer Product Sales: NPGF generates revenue primarily from selling NPK fertilizers, micro fertilizers, and specialty fertilizers to agricultural and plantation sectors. Revenue streams include Granulated NPK (largest contributor at IDR 55.92 billion in H1 2025), Briquetted NPK (IDR 3.83 billion), and Micro Fertilizer (IDR 11.29 billion). Sales are transaction-based with large contracts from plantation companies and distribution through dealer networks.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

PT Nusa Palapa Gemilang Tbk manufactures and sells compound NPK and NK fertilizers, micronutrient fertilizers, controlled-release fertilizers, and water-soluble specialty fertilizers for the Indonesian agricultural and plantation sectors. The company produces through in-house dry granulation compaction and pan granulation technology at its Gresik, East Java factory, and sells primarily to oil palm plantations, industrial forestry operators, horticulture growers, and smallholder farmers.

Product overview

PT Nusa Palapa Gemilang Tbk (NPGF) operates as a fertilizer manufacturer in the agricultural and plantation sectors, producing compound NPK fertilizers and specialty plant nutrition products. The product portfolio centers on four main branded product lines: Ferticomp (granular NPK/NK compound fertilizers in multiple formulations for food crops, plantations, forestry, and horticulture), SinutriHS (high-efficiency NPK for oil palm and strategic crops), CCF Ferticote (controlled-release fertilizer for sustained nutrient delivery), and NutrimixGT (micronutrient fertilizer). The company recently expanded into water-soluble fertilizers with MKP and KNO₃ products launched in 2026, targeting precision agriculture applications in horticulture and plantations. All products are manufactured using dry granulation technology and support the company's focus on oil palm plantations, horticulture, and food crops across Indonesia.

Differentiator

Problem solved

Functional benefit

Brands

• Ferticomp: NPK fertilizer product line including formulations 12-12-17-2, 15-15-6-4, 13-6-27-4, 15-15-15, 7-6-34, 12-6-22, and NK 17-28
• SinutriHS
• CCF Ferticote
• Nutrimix GT

Products and services

• Ferticomp Compound NPK and NK fertilizer product line providing primary macronutrient sources for food crops, plantations, forestry, and horticulture, available in multiple formulations including 13-6-27-4+TE, 12-12-17-2+TE, 15-15-6-4+TE, 15-15-15, 7-6-34, 12-6-22, and NK 17-28.
• SinutriHS High-performance NPK fertilizer formulation combining macro and micro nutrients, designed to increase crop yields and cultivation efficiency, particularly for strategic crops such as oil palm.
• CCF Ferticote (Controlled Release Fertilizer) Controlled release fertilizer (CRF) with NPK 15-25-6 formulation, designed for sustained nutrient release to support sustainable agricultural productivity.
• NutrimixGT Micro fertilizer containing Cu-Zn-B (copper, zinc, boron) trace elements for balanced plant nutrition, supporting various agricultural and plantation commodities.
• MKP (Mono Potassium Phosphate)

Quantifiable outcome

• 34.4% sales growth in 2025 to IDR 225.8 billion
• +4 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators10 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• PT Petrokimia Gresik: Indonesia's largest state-owned compound fertilizer manufacturer producing NPK, urea, and specialty fertilizers. Directly comparable as the dominant domestic NPK producer competing for the same plantation and agricultural customers; NPGF's Independent Commissioner previously served here.
• PT Pupuk Sriwidjaja Palembang (Pusri): State-owned urea and NPK fertilizer producer serving Sumatra and broader Indonesia. Operates overlapping product lines and serves the same plantation and agricultural customer base as NPGF.
• PT Pupuk Kujang: State-owned NPK and compound fertilizer producer based in West Java, serving plantation and agricultural customers across Java. Direct competitor for granular NPK contracts in the same regional markets.
• PT Pupuk Kalimantan Timur: State-owned fertilizer producer specializing in urea and NPK, serving plantations across Indonesia including Kalimantan and Sumatra. Directly competes with NPGF in the same geographies and customer segments for granular NPK supply.

Broad incumbents

• Yara International: Global NPK and specialty fertilizer leader with broad portfolio including compound NPK, water-soluble, and crop nutrition solutions. Comparable as a broader incumbent offering overlapping NPK product categories and water-soluble fertilizers that NPGF has just launched.
• ICL Group: Global specialty fertilizer and phosphate producer offering water-soluble NPK, controlled-release fertilizers, and plant nutrition solutions. Comparable as a broader incumbent with overlapping specialty fertilizer and CRF product lines.

Emerging players

• Haifa Group: Israeli specialty fertilizer producer focused on water-soluble NPK, controlled-release, and plant nutrition products for precision agriculture. Comparable as a specialty-focused player whose MKP and KNO3 water-soluble products directly overlap with NPGF's newest launches.

Others

• Wilmar International: Asia's largest integrated palm oil and agribusiness company with extensive Indonesian plantation operations. Comparable as a major customer-side counterpart whose plantation fertilizer purchasing decisions directly drive NPGF's revenue concentration risk.
• Sinar Mas Agro Resources and Technology (SMART): Major Indonesian palm oil plantation operator and part of the Sinar Mas group. Relevant as a large enterprise customer segment for NPGF's oil palm fertilizer formulations and as a vertically integrated agribusiness participant in the same value chain.

Regional players

• PT Pupuk Iskandar Muda: State-owned fertilizer producer based in Aceh, Sumatra, producing ammonia, urea, and NPK primarily for the Sumatra region. Comparable as a regional Indonesian NPK producer serving overlapping plantation customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=l2WS_HM-EgQ
• Facebookfacebook.com/profile.php?id=61575515593474
• Instagraminstagram.com/pupuknpg
• LinkedInlinkedin.com/company/pt-atmaja-makmur-gemilang-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Nusa Palapa Gemilang Tbk