PT. Tiga Pilar Sejahtera Food, Tbk.

What PT. Tiga Pilar Sejahtera Food, Tbk. does

PT. Tiga Pilar Sejahtera Food, Tbk. is an Indonesian packaged-food manufacturer founded in 1953 and headquartered in Jakarta, publicly listed on the Indonesia Stock Exchange under the ticker AIBLE (the "Tbk" suffix denotes a publicly listed Indonesian company, despite a contradictory "private" flag in one source block). The company operates a six-category consumer staples portfolio spanning noodles, biscuits, vermicelli, candies, rice, and snacks, and runs at national scale with 10,000+ employees. Its end-customers are Indonesian mass-market consumers reached through traditional and modern retail channels; the company also competes in export channels relevant to Indonesian noodle producers, including Africa and the Middle East, per industry context. Revenue mechanics, pricing models, and channel structure are not disclosed in the available source material.

Financially, the company reported 2025 revenue of approximately 117.1 trillion IDR (vs. 119.3T in 2024 and 106.6T in 2021), with EBITDA near 12.5 trillion IDR and net income of approximately 5.3 trillion IDR. The 2022 fiscal year was a clear trough, with a -4.0 trillion IDR net loss and only 2.4 trillion IDR of EBITDA, indicating a prior operational or balance-sheet shock from which the company has since substantially recovered. Gross profit has expanded from 23.6 trillion IDR (2021) to 45.0 trillion IDR (2025), reflecting both volume recovery and margin improvement, while enterprise value has compressed from roughly 105.9 trillion IDR (2022) to 56.2 trillion IDR (2025), suggesting the equity market has not yet fully repriced the turnaround.

The product mix and revenue scale position the company as a mid-to-large Indonesian packaged-food player competing with category leaders such as Indofood CBP, but management team composition, ownership structure, customer segment detail, and specific go-to-market mechanics are absent from the source data, limiting deeper competitive positioning analysis.

Name

PT. Tiga Pilar Sejahtera Food, Tbk.

Legal name

PT. Tiga Pilar Sejahtera Food, Tbk.

Website

https://fksfs.co.id

Company type

Public

Founded year

1959

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

PT. Tiga Pilar Sejahtera Food, Tbk. is an Indonesian publicly listed food manufacturer (IDX: AIBLE) headquartered in Jakarta, producing noodles, biscuits, vermicelli, candies, rice, and snacks for mass-market consumers across Indonesia and select export markets.

Ownership category

akta.pro rank

Product category

Packaged Foods

NAICS

Food Manufacturing (311), Snack Food Manufacturing (31191), Sugar and Confectionery Product Manufacturing (3113)

SIC

Food And Kindred Products (2000), Bakery Products (2050), Sugar & Confectionery Products (2060)

akta.pro primary industry

Rice Cakes & Grain Snack Manufacturing (AFAKAIAK)

Keywords

• Instant noodles
• Biscuit manufacturing
• Vermicelli production
• Packaged snack foods
• Rice processing

Headquarters

HQ city

Sragen

HQ country

Indonesia

HQ region

Asia

Markets served

GTM type

B2C

Offering type

Hardware or Manufacturing

Cost components

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

Core offering

PT. Tiga Pilar Sejahtera Food, Tbk. is an Indonesian food processing company that manufactures and distributes packaged consumer food products including instant noodles, biscuits, vermicelli, candies, rice, and snacks. The company operates large-scale food production facilities and supplies its branded products primarily to the Indonesian consumer market through mass-market retail distribution.

Differentiator

Problem solved

Functional benefit

Products and services

• Instant noodles Branded instant noodle products manufactured and sold by the company to Indonesian mass-market consumers for everyday household meals.
• Biscuits Biscuit products manufactured and sold by the company to Indonesian consumers as packaged snack and breakfast staple items.
• Vermicelli Vermicelli (bihun) products manufactured and sold by the company to Indonesian consumers as a staple noodle alternative.
• Candies Candy products manufactured and sold by the company to Indonesian consumers in the packaged confectionery category.
• Rice Rice products processed and sold by the company to Indonesian consumers as a packaged staple food.
• Snacks Branded snack products manufactured and sold by the company to Indonesian consumers across the packaged snacks category.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves3 records

Expansion highlights3 records

Regional players

• Monde Nissin Corporation: Philippines-listed biscuits and noodles producer (Sky Flakes, Lucky Me) — peer for Tiga Pilar's biscuits-and-noodles portfolio across Southeast Asian retail channels.

Broad incumbents

• Charoen Pokphand Foods: ASEAN food and feed conglomerate with branded noodles and snack products in Indonesia and the broader region — comparable scale, distribution model, and exposure to emerging Asia staples demand.
• Uni-President Enterprises: Taiwan-headquartered Asian food conglomerate with extensive noodles, snacks, beverages and dairy lines — broader portfolio than Tiga Pilar but overlapping core categories across Asian markets.
• Nestlé Indonesia: Local affiliate of the global FMCG giant with noodles, confectionery and culinary brands in Indonesia — benchmark for premium/snack adjacencies and multinational category-management practices.

Direct peers

• PT Siantar Top: Listed Indonesian snacks and confectionery manufacturer (biscuits, snacks, candy) — directly overlaps Tiga Pilar's sweet-snack and biscuits product lines and competes for similar modern-trade shelf space.
• PT Indofood CBP Sukses Makmur: Indonesia's dominant instant noodles and snacks manufacturer and the cited USD 3.4 billion revenue benchmark in the source data — the closest direct comp on category, geography and channel mix for Tiga Pilar.
• Tingyi (Cayman Islands) Holding Corp: Master Kong brand owner and one of Asia's largest noodle and beverage producers — directly comparable on noodles product DNA and pan-Asian distribution even though China-anchored.
• Garudafood: Indonesian packaged-food company with leading positions in peanuts, snacks and biscuits — comparable category mix (especially savory/sweet snacks) and same Indonesian trade channel exposure.
• PT Mayora Indah: Indonesian CPG maker spanning biscuits, candies, wafers and instant noodles — comparable product breadth (sweet + savory) and domestic Indonesian distribution scale.
• PT Nippon Indosari Corpindo (ROTI): Indonesia's largest mass-market bakery producer (bread, buns, sweet rolls) — competes with Tiga Pilar's biscuits line and shares the same modern-trade and general-trade distribution channels across Indonesia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/TPSFood
• Facebookfacebook.com/TPSFood

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 PT. Tiga Pilar Sejahtera Food, Tbk.