Indal Aluminium Industry

What Indal Aluminium Industry does

Indal Aluminium Industry (legally Indal Aluminium Industry Tbk) is a publicly listed Indonesian company operating in the aluminium sector, headquartered in Jakarta and traded on the Jakarta Stock Exchange under the ticker idx:INAI. Per available firmographic descriptions, it supplies aluminium extrusions and accessories, serving industrial and commercial applications with a focus that connects to a downstream ecosystem of approximately 3,500 MSMEs in India's broader regional aluminium fabrication landscape. The company was founded in 1971, employs between 501 and 1,000 people, and operates as a 'Tbk' (Terbuka / publicly listed) entity subject to Indonesian capital markets regulatory oversight. The input data does not detail a named product portfolio, specific technical architecture, or distinct proprietary technology stack.

The business model is consistent with a commodity aluminium processor: revenue is generated through the supply of extruded aluminium products and accessories to commercial and industrial customers, with no disclosed pricing tiers, contract structures, or distribution arrangements. The primary customer segment referenced is downstream aluminium MSMEs engaged in fabrication, downstream processing, and the manufacture of aluminium-based commercial and industrial products, who face pressure from rising primary aluminium prices and an inverted import duty structure.

Financially, the company has experienced a sustained topline decline from approximately 1.44 trillion IDR in 2022 to 813 billion IDR in 2025 (a cumulative drop of roughly 44%), with thin gross margins in the 4-9% range and persistent net losses in every reported year, including a net loss of approximately 108 billion IDR in 2025. EBITDA has been negative in three of the four reported years, and the enterprise value is reported at 730 trillion IDR across all four periods, raising questions about the consistency of the valuation disclosure. The company remains operationally active as evidenced by ongoing stock price reporting on the Jakarta Stock Exchange Composite index.

Name

Indal Aluminium Industry

Legal name

Indal Aluminium Industry Tbk

Website

https://indalcorp.com

Company type

Public

Founded year

1971

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Indal Aluminium Industry (Indal Aluminium Industry Tbk) is a publicly listed Indonesian aluminium extrusions and accessories supplier, headquartered in Jakarta and traded on the Jakarta Stock Exchange (idx:INAI). Founded in 1971, it employs 501-1,000 staff and serves commercial and industrial customers in downstream aluminium fabrication.

Ownership category

akta.pro rank

Product category

Aluminium Extrusions Manufacturing

NAICS

Other Aluminum Rolling, Drawing, and Extruding (331318), Alumina and Aluminum Production and Processing (33131)

SIC

Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro industry

PRIMARYIMAKACAG

Aluminum Extrusion

Industrials, Manufacturing & Construction/Metals & Mining/Aluminum (Bauxite, Alumina & Primary/Secondary Smelting)

SECONDARYIMAKACAI

Aluminum Fabrication & Finishing (Machining, Anodizing, Coating)

Industrials, Manufacturing & Construction/Metals & Mining/Aluminum (Bauxite, Alumina & Primary/Secondary Smelting)

Keywords

• Aluminium extrusions
• Aluminium fabrication
• Aluminium accessories
• Downstream aluminium
• Aluminium manufacturing

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, Personnel, Infrastructure

Core offering

Indal Aluminium Industry is a manufacturer and supplier of aluminium extrusions and accessories, operating aluminium fabrication and downstream processing capabilities for industrial and commercial applications. The company produces aluminium-based products serving downstream processors and end-users across Indonesia and the broader Southeast Asian region.

Product overview

Indal Aluminium Industry (Indal Aluminium Industry Tbk) is a publicly listed company on the Jakarta Stock Exchange. The company operates in the aluminium sector, though no specific product portfolio, named offerings, or service details were identified in the available source data.

Differentiator

Problem solved

Functional benefit

Products and services

• Aluminium Extrusions
• Aluminium Accessories

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves2 records

Expansion highlights1 record

Broad incumbents

• Alcoa Corporation: Global primary aluminium and bauxite producer with growing value-added product capabilities. Comparable to Indal at the industry level as primary aluminium producer feeding downstream fabrication.
• Vedanta Aluminium: India-based integrated aluminium producer with growing billet and value-added product capacity. Comparable to Indal as an Asian aluminium producer serving downstream fabrication and industrial customers.
• Constellium SE: Global leader in aluminium extrusion and rolled products serving aerospace, automotive, and packaging markets. Comparable to Indal as an extrusion-focused aluminium manufacturer, though at significantly larger scale and different geographies.
• Norsk Hydro ASA: Norwegian integrated aluminium producer with substantial extruded products division. Comparable to Indal as a vertically integrated aluminium player with extrusion operations, though geographically diversified.
• Arconic Corporation: US-based aluminium rolled products and extrusions manufacturer serving aerospace, automotive, and construction. Comparable to Indal in extrusion manufacturing and downstream aluminium fabrication.
• Hindalco Industries (Novelis): India-based global aluminium and copper major with significant flat-rolled and extruded products operations. Comparable to Indal as a large-scale Asian aluminium manufacturer serving industrial and construction end-markets.
• Press Metal Aluminium Holdings Berhad: Malaysia-based integrated aluminium producer with significant smelting and extrusion operations across Southeast Asia. Comparable to Indal as a regional Asian aluminium manufacturer serving similar downstream markets.
• Hydro Extrusion (Sapa): European leader in aluminium extrusions serving building systems, automotive, and industrial applications. Comparable to Indal as a pure-play extrusion manufacturer, though at materially larger scale.

Direct peers

• Indonesia Asahan Aluminium (Inalum): State-owned Indonesian primary aluminium smelter and downstream producer. As the only domestic primary aluminium producer, Inalum is the most direct peer to Indal in serving Indonesia's downstream aluminium value chain.

Emerging players

• Jindal Aluminium Limited: India-based aluminium extrusion and rolled products manufacturer with domestic focus. Comparable to Indal as a regional player in aluminium extrusions and fabricated products, with similar scale and customer profile.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat2 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/pt-indal-aluminium-industry-tbk

Revenue estimate

Valuation estimate

Number of profiles

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 Indal Aluminium Industry