Charoen Pokphand Indonesia

What Charoen Pokphand Indonesia does

Charoen Pokphand Indonesia (PT Charoen Pokphand Indonesia Tbk, IDX: CPIN) is an integrated poultry agribusiness established in 1972 as part of Thailand-based Charoen Pokphand Group and publicly listed on the Indonesia Stock Exchange since March 1991. Headquartered in Jakarta with 10,000+ employees, the company operates across four core product lines: poultry feed (Pakan Ternak), day-old chicks (DOC) including broiler, layer, and parent stock varieties, broiler chickens (Ayam Pedaging) raised for 30-45 days to 1.39-2.45 kg harvest weight, and processed food products (Makanan Olahan) representing downstream consumer integration.

The company's business model is fully vertically integrated, encompassing breeding flocks, hatcheries, feed mills, broiler farms, and processing plants, with distribution to thousands of independent poultry farmers across Indonesia through direct sales and distributor networks primarily targeting SMB customers, plus modern retail channels (Matahari/Hypermart, Enesis) for processed foods. Revenue is generated through one-time product sales across the four streams, with no subscription or licensing model. The company benefits from bio-security and vaccination consultation services that strengthen farmer relationships, and operates logistics infrastructure via a 17.5% stake in PT Nusa Prima Logistik supporting raw material supply chain efficiency.

Financially, CPIN reported FY2025 net sales of Rp 70.7 trillion (approximately USD 4.3-4.5 billion), profit of Rp 5.6 trillion, and total assets of Rp 45.9 trillion, with EBITDA and net income both more than doubling between 2023 and 2025. Capital structure is supported by syndicated credit facilities totaling over USD 600 million equivalent and consistent dividend distributions. The company maintains formal corporate governance including Board of Commissioners, Audit Committee, and Nomination and Remuneration Committee, and published an ESG Strategy covering 2025-2029 alongside its 2025 sustainability reporting. Strategic priorities evident in the data include continued processed food expansion, logistics integration, and alignment with Indonesia's USD 22 billion government agricultural modernization program.

Name

Charoen Pokphand Indonesia

Legal name

PT Charoen Pokphand Indonesia Tbk

Website

https://cp.co.id

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Charoen Pokphand Indonesia (CPIN) is a Jakarta-headquartered integrated poultry agribusiness established in 1972, producing and distributing poultry feed, day-old chicks, broiler chickens, and processed foods to thousands of poultry farmers and modern retail channels across Indonesia.

Ownership category

akta.pro rank

Product category

Poultry Feed & Agribusiness

NAICS

Poultry Processing (311615), Poultry and Poultry Product Merchant Wholesalers (42444), Broilers and Other Meat Type Chicken Production (11232)

SIC

Poultry Slaughtering And Processing (2015), Agricultural Prod-Livestock & Animal Specialties (200), Food And Kindred Products (2000)

akta.pro primary industry

Broiler Processing (Whole Bird, Parts, Further Processing) (AFANACAI)

akta.pro secondary industries

Further Processed Poultry (Cooked, Breaded, Nuggets, Patties, Wings) (AFANACAC), Poultry Wholesale (Whole Birds, Parts) (AFAIADAC)

Keywords

• Poultry feed production
• Day-old chicks
• Broiler farming
• Processed poultry food
• Integrated poultry agribusiness

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Poultry Feed: Production and sale of poultry feed for broiler and layer chickens
2. Day Old Chicks (DOC): Sale of one-day-old broiler and layer chicks to farmers
3. Broiler (Ayam Pedaging): Commercial broiler chicken production and sale
4. Processed Food Products: Manufactured food products derived from poultry

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

PT Charoen Pokphand Indonesia Tbk operates a fully integrated poultry business, producing and selling poultry feed (Pakan Ternak), day-old chicks (DOC) including broiler and layer varieties, commercial broiler chickens (Ayam Pedaging), and processed poultry-based food products (Makanan Olahan). The company sells feed and DOC directly to poultry farmers through its farmer network and distributor channels, while processed food products are distributed through modern retail outlets across Indonesia.

Product overview

PT Charoen Pokphand Indonesia operates as an integrated poultry farming and food production company with four core product lines: (1) Day Old Chicks (DOC) including Broiler DOC, Layer DOC, and Parent Stock DOC sold to farmers; (2) Poultry Feed (Pakan Ternak) supporting the company's contract farming operations; (3) Broiler (Ayam Pedaging) representing the company's own poultry meat production; and (4) Food Products (Makanan Olahan) for processed poultry-based food products. The company follows an integrated business model from breeding and feed production through to meat processing, with facilities including feed mills, breeder farms, hatcheries, and processing plants.

Differentiator

Problem solved

Functional benefit

Products and services

• Broiler (Ayam Pedaging) Commercial broiler chickens raised for poultry meat production. Broilers are raised for approximately 30-45 days before being harvested at an average weight of 1.39-2.45 kg or an equivalent weight of 1.11-1.96 kg of poultry meat. Sold to meat processors, distributors, and modern retail channels.
• Poultry Feed (Pakan Ternak) Animal feed products formulated for poultry nutrition and growth, supporting broiler and layer chicken farming operations. Sold to poultry farmers across Indonesia through CPIN's direct farmer network and distributor channels, with R&D investment in raw material substitution for corn and soybean meal.
• Day Old Chicks (DOC) One-day-old chicks sold to farmers across multiple varieties: Broiler DOC for meat production, Layer DOC for egg production (hens produce approximately 1 egg every 24-28 hours during a laying phase from 18 weeks to approximately 80 weeks), and Parent Stock and Male Layer DOC for breeding operations.
• Processed Food Products (Makanan Olahan) Processed food products derived from poultry, representing the downstream integration of CPIN's poultry farming operations. Sold through modern retail chains including Matahari (Hypermart) and other distribution networks across Indonesia.

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• PT Modern Sevel IndonesiaminorStrategic or Co-development Partner · 19 April 2017PT Charoen Pokphand Restu Indonesia (CPRI), a subsidiary, signed Business Acquisition Agreement with PT Modern Sevel Indonesia to take over restaurant and convenience store business based on franchise system. Transaction value was Rp1,000,000,000,000. However, the transaction did not proceed as conditions precedent were not fulfilled by June 17, 2017.
• PT Nusa Prima LogistikminorStrategic or Co-development Partner · 30 September 2014The company owns 875 shares (17.5%) in PT Nusa Prima Logistik (NPL) based on Cooperation Agreement No. 265 signed with PT FKS Multi Agro Tbk and PT Japfa Comfeed Indonesia Tbk. NPL developed dry bulk transfer warehouse facilities at Teluk Lamong Dry Bulk Terminal, Surabaya, East Java to improve effectiveness and efficiency in raw material delivery services.
• PT Sierad Produce TbkminorStrategic or Co-development Partner · 19 May 2014PT Charoen Pokphand Jaya Farm, a subsidiary, signed Asset Sale and Purchase Agreement No. 20 with PT Sierad Produce Tbk for acquisition of fixed assets, inventory, and breeding flocks in poultry breeding business located in Banten Province. Transaction value was Rp430,000,000,000 to improve poultry breeding business capacity.
• JapfaminorStrategic or Co-development PartnerProfiled as a key competitor in the animal protein market alongside Charoen Pokphand Indonesia in market research reports covering the Asia Pacific region.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Tyson Foods: Global integrated poultry protein processor with scale comparable to CPIN's broiler and processed-food business. Differs in geographic focus (US-centric) but serves as a benchmark for downstream processed-poultry economics and branded expansion.
• Archer Daniels Midland (ADM): Global agricultural commodity and animal nutrition company with significant presence in Indonesia through animal feed. Comparable on the feed-input/raw-material side but far broader and more diversified than CPIN's poultry-focused operations.
• Charoen Pokphand Foods (Thailand): Parent-affiliated Thailand-listed integrated agro-industrial and food conglomerate. Same business model and value-chain integration as CPIN, but globally scaled across many geographies — relevant as both a strategic model and parent-group force shaping CPIN.
• Cargill Animal Nutrition & Protein (Southeast Asia): Global agribusiness with major feed and protein footprint across Indonesia and ASEAN. Overlaps directly with CPIN's feed and broiler segments but competes from a much broader, diversified global portfolio.

Direct peers

• PT Malindo Feedmill Tbk: Indonesian integrated poultry and feed producer with feed milling, DOC breeding, broiler farming, and processed poultry operations. Directly comparable to CPIN's four-segment model and domestic Indonesian channel focus.
• PT Sierad Produce Tbk: Indonesian poultry producer from which CPIN acquired Rp 430B of breeding assets in 2014. Competes in poultry breeding, DOC, and broiler production within the same domestic market and customer base.
• Japfa Comfeed Indonesia: Direct Indonesian poultry/feed peer explicitly profiled alongside CPIN as a key competitor in animal-protein market research. Operates a comparable integrated model across feed, DOC, broiler, and aquaculture, serving similar farmer and downstream customers across Indonesia.

Regional players

• New Hope Liuhe: Large Chinese integrated animal feed and poultry/farming company with growing Southeast Asia footprint. Comparable integrated feed-to-protein model and Southeast Asia expansion narrative, though headquartered in a different geography.
• De Heus Animal Nutrition: Major Dutch-headquartered animal feed manufacturer with significant Southeast Asia operations including Indonesia. Comparable in feed formulation, R&D, and farmer-channel go-to-market, but absent CPIN's downstream broiler/processing integration.

Emerging players

• PT Surya Brata Santosa (Unggas Group): Smaller Indonesian poultry producer operating in broiler farming and processed chicken. Less integrated than CPIN but competes in the same domestic channel and target customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 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 Charoen Pokphand Indonesia