PBS

What PBS does

PT Paramita Bangun Sarana (PBS) is an Indonesian for-profit construction company founded in 2002, headquartered in Kebayoran Baru (South Jakarta). The firm provides infrastructure construction and road construction services, operating in a sector where contract execution is typically project-based and delivered through a combination of direct crews and subcontractors. PBS is publicly listed on the Indonesia Stock Exchange under the ticker PBSA, providing access to public capital markets for project financing and giving the company a regulated disclosure footprint.

The company operates with a reported 251–500 employees, a relatively lean direct headcount for a construction firm, which is consistent with an execution model that leverages subcontractors, heavy equipment, and project-specific mobilization rather than a large permanent labor base. Core technology and proprietary features are not disclosed in the available source data, and there is no evidence of differentiated technology platforms; the offering is best characterized as traditional civil and infrastructure construction services. The company's official web presence is at paramita.co.id, though the captured page content is limited.

Financially, PBS reported revenue of IDR 71.7 trillion in 2024, up from IDR 37.2 trillion in 2023, with EBITDA of IDR 12.7 trillion, operating income of IDR 11.9 trillion, and net income of IDR 13.3 trillion. The three-year revenue trajectory (IDR 19.6T in 2021 → IDR 47.2T in 2022 → IDR 37.2T in 2023 → IDR 71.7T in 2024) reflects a volatile but sharply upward path, with a roughly 54% three-year CAGR. Notably, the 2024 net income figure exceeds the 2024 EBITDA figure, which is unusual and warrants further investigation into non-operating gains, fair-value movements, or equity-method income. Enterprise value was IDR 209.2 trillion at end-2024, contracting to IDR 79.8 trillion in the 2025 reading shown, suggesting significant equity-market repricing.

Name

PBS

Website

https://paramita.co.id

Company type

Private

Founded year

2002

Headcount range

251–500 employees

Short description

PT Paramita Bangun Sarana (PBS) is an Indonesian infrastructure and road construction company founded in 2002, publicly listed on the Indonesia Stock Exchange (IDX:PBSA) and headquartered in Kebayoran Baru, serving public and private infrastructure clients.

Ownership category

akta.pro rank

Product category

Construction Services

NAICS

Utility System Construction (2371)

SIC

Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Pump Stations, Lift Stations & Booster Stations Construction (IMAFAGAD)

Keywords

• Infrastructure construction
• Road construction
• Civil engineering
• Construction services
• Heavy construction

Headquarters

HQ city

Kebayoran Baru

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure

Core offering

PT Paramita Bangun Sarana (PBS) is an Indonesia-based construction company that provides infrastructure construction and road construction services. The company executes civil engineering projects for clients requiring physical infrastructure build-out, with a focus on transportation-related construction such as roads. It is publicly listed on the Indonesia Stock Exchange under ticker PBSA and operates from its headquarters in Kebayoran Baru.

Differentiator

Problem solved

Functional benefit

Products and services

• Infrastructure Construction Services

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and major.

• HoneywellcoreTechnology or Integration · 1 January 2024Honeywell is a key APU technology provider in the aerospace market, partnering with aircraft manufacturers like Airbus for A350 APU systems, and providing maintenance services to airlines like Qatar Airways. The company represents a major technology partner in the APU ecosystem.
• Pratt & WhitneycoreTechnology or Integration · 1 January 2024Pratt & Whitney signed a significant 10-year agreement with Emirates for 116 A380 APUs, demonstrating major APU supply and support partnership in the commercial aviation sector.
• Qatar AirwaysmajorChannel Partner/ Reseller/ Distributor · 1 January 2024Qatar Airways selected Honeywell as its APU maintenance partner, representing a key airline maintenance service relationship in the APU market.
• AirbuscoreTechnology or Integration · 1 January 2024Airbus partnered with Honeywell for A350 APU systems, representing original equipment manufacturer integration partnership for aircraft APU technology.
• EmiratesmajorChannel Partner/ Reseller/ Distributor · 1 January 2024Emirates signed a 10-year agreement with Pratt & Whitney for 116 A380 APUs, highlighting active contract activity and long-term APU supply partnership in the aviation sector.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• PT Nindya Karya (Persero): Indonesian state-owned contractor with infrastructure and building projects. Comparable mid-to-large scale construction peer to PBS in domestic market.
• PT Adhi Karya (Persero) Tbk: Indonesian state-owned construction company covering infrastructure, buildings, and LRT/metro projects. Comparable offering to PBS in Indonesian infrastructure construction market.
• PT Surya Semesta Internusa Tbk: Indonesian listed construction and property group active in industrial, commercial, and infrastructure construction. Comparable business model and customer base to PBS.
• PT Pembangunan Perumahan (Persero) Tbk: Indonesian state-owned construction company active across infrastructure, buildings, and EPC projects. Directly comparable business model and customer base to PBS in domestic infrastructure contracting.
• PT Brantas Abipraya (Persero): Indonesian state-owned construction company focused on dams, irrigation, and water infrastructure. Comparable infrastructure construction peer, particularly for civil works segments where PBS is active.
• PT Waskita Karya (Persero) Tbk: Major Indonesian state-owned contractor with strong presence in toll roads, bridges, and infrastructure. Comparable to PBS as a direct competitor in Indonesian road and infrastructure construction.
• PT Total Bangun Persada Tbk: Indonesian private-sector construction company focused on buildings and infrastructure. Comparable mid-size competitor to PBS in Indonesian construction services.
• PT Acset Indonusa Tbk: Indonesian listed construction company specializing in foundations, infrastructure, and civil works. Direct peer with comparable infrastructure focus to PBS.

Broad incumbents

• PT Hutama Karya (Persero): Indonesian state-owned construction company heavily involved in toll roads and infrastructure, including the Trans-Sumatra project. Comparable infrastructure focus to PBS, but with much larger scale.
• PT Jasa Marga (Persero) Tbk: Indonesia's largest toll road operator and constructor. Highly relevant peer in road construction, though operates more as an incumbent operator/developer than pure contractor.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/julie_julieeg

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 PBS