Indonesia

Top 390 largest Indonesian Companies by Market Cap

This is the list of the largest public listed companies from Indonesia by market capitalization with links to their reference stock, sector and industry.

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Top Companies from Indonesia as of Jan. 01, 2026

Rank Company Market Cap (USD) Country Sector Industry
31 PT Charoen Pokphand Indonesia Tbk $4.46 B Indonesia Indonesian Consumer Staples Indonesian Farm Products
32 PT Elang Mahkota Teknologi Tbk $4.05 B Indonesia Indonesian Communication Services Indonesian Broadcasting
33 PT XL Axiata Tbk $3.84 B Indonesia Indonesian Communication Services Indonesian Telecom Services
34 Indofood Sukses Makmur Tbk PT $3.75 B Indonesia Indonesian Consumer Staples Indonesian Packaged Foods
35 PT Multistrada Arah Sarana Tbk $3.52 B

(July 1, 2025)

 Indonesia Indonesian Consumer Discretionary Indonesian Auto Parts
36 PT Tower Bersama Infrastructure Tbk $3.47 B Indonesia Indonesian Communication Services Indonesian Telecom Services
37 PT Pradiksi Gunatama Tbk $3.42 B Indonesia Indonesian Consumer Staples Indonesian Farm Products
38 PT Merdeka Copper Gold Tbk $3.41 B Indonesia Indonesian Basic Materials Indonesian Other Industrial Metals & Mining
39 Adaro Energy Tbk PT $3.39 B Indonesia Indonesian Energy Indonesian Thermal Coal
40 PT Vale Indonesia Tbk $3.35 B Indonesia Indonesian Basic Materials Indonesian Other Industrial Metals & Mining
41 PT Kalbe Farma Tbk. $3.28 B Indonesia Indonesian Healthcare Indonesian Drug Manufacturers—General
42 Mayora Indah Tbk PT $2.95 B Indonesia Indonesian Consumer Staples Indonesian Packaged Foods
43 PT Indah Kiat Pulp & Paper Tbk $2.87 B Indonesia Indonesian Basic Materials Indonesian Paper & Paper Products
44 PT Perusahaan Gas Negara Tbk $2.80 B Indonesia Indonesian Utilities Indonesian Utilities—Regulated Gas
45 PT Bank CIMB Niaga Tbk $2.68 B Indonesia Indonesian Financials Indonesian Banks—Regional
46 PT Transcoal Pacific Tbk $2.60 B Indonesia Indonesian Industrials Indonesian Marine Shipping
47 PT Energi Mega Persada Tbk $2.59 B Indonesia Indonesian Energy Indonesian Oil & Gas E&P
48 PT Bank Mega Tbk $2.31 B Indonesia Indonesian Financials Indonesian Banks—Regional
49 PT Medco Energi Internasional Tbk $2.14 B Indonesia Indonesian Energy Indonesian Oil & Gas E&P
50 PT Sarana Menara Nusantara Tbk. $2.07 B Indonesia Indonesian Communication Services Indonesian Telecom Services
51 Siloam International Hospitals Tbk PT $2.06 B Indonesia Indonesian Healthcare Indonesian Medical Care Facilities
52 PT Japfa Comfeed Indonesia Tbk $2.02 B Indonesia Indonesian Consumer Staples Indonesian Farm Products
53 PT Mitra Keluarga Karyasehat Tbk $2.01 B Indonesia Indonesian Healthcare Indonesian Medical Care Facilities
54 PT Bank Harda Internasional Tbk $1.93 B Indonesia Indonesian Financials Indonesian Banks—Regional
55 PT Bank OCBC NISP Tbk $1.90 B Indonesia Indonesian Financials Indonesian Banks—Regional
56 PT Darma Henwa Tbk $1.83 B Indonesia Indonesian Energy Indonesian Thermal Coal
57 Bumitama Agri Ltd $1.78 B Indonesia Indonesian Consumer Staples Indonesian Farm Products
58 P.T. Bank Pan Indonesia Tbk $1.64 B Indonesia Indonesian Financials Indonesian Banks—Regional
59 PT Bank Jago Tbk $1.64 B Indonesia Indonesian Financials Indonesian Banks—Regional
60 PT Indocement Tunggal Prakarsa Tbk $1.61 B Indonesia Indonesian Basic Materials Indonesian Building Materials

Top Companies from Indonesia as of Jan. 01, 2026

31. PT Charoen Pokphand Indonesia Tbk

Company Profile: PT Charoen Pokphand Indonesia Tbk
Market Cap (USD): $4.46 B
Country: Indonesia
Sector: Indonesian Consumer Staples
Industry: Indonesian Farm Products

32. PT Elang Mahkota Teknologi Tbk

Company Profile: PT Elang Mahkota Teknologi Tbk
Market Cap (USD): $4.05 B
Country: Indonesia
Sector: Indonesian Communication Services
Industry: Indonesian Broadcasting

33. PT XL Axiata Tbk

Company Profile: PT XL Axiata Tbk
Market Cap (USD): $3.84 B
Country: Indonesia
Sector: Indonesian Communication Services
Industry: Indonesian Telecom Services

34. Indofood Sukses Makmur Tbk PT

Company Profile: Indofood Sukses Makmur Tbk PT
Market Cap (USD): $3.75 B
Country: Indonesia
Sector: Indonesian Consumer Staples
Industry: Indonesian Packaged Foods

35. PT Multistrada Arah Sarana Tbk

Company Profile: PT Multistrada Arah Sarana Tbk
Market Cap (USD): $3.52 B (July 1, 2025)
Country: Indonesia
Sector: Indonesian Consumer Discretionary
Industry: Indonesian Auto Parts

36. PT Tower Bersama Infrastructure Tbk

Company Profile: PT Tower Bersama Infrastructure Tbk
Market Cap (USD): $3.47 B
Country: Indonesia
Sector: Indonesian Communication Services
Industry: Indonesian Telecom Services

37. PT Pradiksi Gunatama Tbk

Company Profile: PT Pradiksi Gunatama Tbk
Market Cap (USD): $3.42 B
Country: Indonesia
Sector: Indonesian Consumer Staples
Industry: Indonesian Farm Products

38. PT Merdeka Copper Gold Tbk

Company Profile: PT Merdeka Copper Gold Tbk
Market Cap (USD): $3.41 B
Country: Indonesia
Sector: Indonesian Basic Materials
Industry: Indonesian Other Industrial Metals & Mining

39. Adaro Energy Tbk PT

Company Profile: Adaro Energy Tbk PT
Market Cap (USD): $3.39 B
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Thermal Coal

40. PT Vale Indonesia Tbk

Company Profile: PT Vale Indonesia Tbk
Market Cap (USD): $3.35 B
Country: Indonesia
Sector: Indonesian Basic Materials
Industry: Indonesian Other Industrial Metals & Mining

41. PT Kalbe Farma Tbk.

Company Profile: PT Kalbe Farma Tbk.
Market Cap (USD): $3.28 B
Country: Indonesia
Sector: Indonesian Healthcare
Industry: Indonesian Drug Manufacturers—General

42. Mayora Indah Tbk PT

Company Profile: Mayora Indah Tbk PT
Market Cap (USD): $2.95 B
Country: Indonesia
Sector: Indonesian Consumer Staples
Industry: Indonesian Packaged Foods

43. PT Indah Kiat Pulp & Paper Tbk

Company Profile: PT Indah Kiat Pulp & Paper Tbk
Market Cap (USD): $2.87 B
Country: Indonesia
Sector: Indonesian Basic Materials
Industry: Indonesian Paper & Paper Products

44. PT Perusahaan Gas Negara Tbk

Company Profile: PT Perusahaan Gas Negara Tbk
Market Cap (USD): $2.80 B
Country: Indonesia
Sector: Indonesian Utilities
Industry: Indonesian Utilities—Regulated Gas

45. PT Bank CIMB Niaga Tbk

Company Profile: PT Bank CIMB Niaga Tbk
Market Cap (USD): $2.68 B
Country: Indonesia
Sector: Indonesian Financials
Industry: Indonesian Banks—Regional

46. PT Transcoal Pacific Tbk

Company Profile: PT Transcoal Pacific Tbk
Market Cap (USD): $2.60 B
Country: Indonesia
Sector: Indonesian Industrials
Industry: Indonesian Marine Shipping

47. PT Energi Mega Persada Tbk

Company Profile: PT Energi Mega Persada Tbk
Market Cap (USD): $2.59 B
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Oil & Gas E&P

48. PT Bank Mega Tbk

Company Profile: PT Bank Mega Tbk
Market Cap (USD): $2.31 B
Country: Indonesia
Sector: Indonesian Financials
Industry: Indonesian Banks—Regional

49. PT Medco Energi Internasional Tbk

Company Profile: PT Medco Energi Internasional Tbk
Market Cap (USD): $2.14 B
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Oil & Gas E&P

50. PT Sarana Menara Nusantara Tbk.

Company Profile: PT Sarana Menara Nusantara Tbk.
Market Cap (USD): $2.07 B
Country: Indonesia
Sector: Indonesian Communication Services
Industry: Indonesian Telecom Services

51. Siloam International Hospitals Tbk PT

Company Profile: Siloam International Hospitals Tbk PT
Market Cap (USD): $2.06 B
Country: Indonesia
Sector: Indonesian Healthcare
Industry: Indonesian Medical Care Facilities

52. PT Japfa Comfeed Indonesia Tbk

Company Profile: PT Japfa Comfeed Indonesia Tbk
Market Cap (USD): $2.02 B
Country: Indonesia
Sector: Indonesian Consumer Staples
Industry: Indonesian Farm Products

53. PT Mitra Keluarga Karyasehat Tbk

Company Profile: PT Mitra Keluarga Karyasehat Tbk
Market Cap (USD): $2.01 B
Country: Indonesia
Sector: Indonesian Healthcare
Industry: Indonesian Medical Care Facilities

54. PT Bank Harda Internasional Tbk

Company Profile: PT Bank Harda Internasional Tbk
Market Cap (USD): $1.93 B
Country: Indonesia
Sector: Indonesian Financials
Industry: Indonesian Banks—Regional

55. PT Bank OCBC NISP Tbk

Company Profile: PT Bank OCBC NISP Tbk
Market Cap (USD): $1.90 B
Country: Indonesia
Sector: Indonesian Financials
Industry: Indonesian Banks—Regional

56. PT Darma Henwa Tbk

Company Profile: PT Darma Henwa Tbk
Market Cap (USD): $1.83 B
Country: Indonesia
Sector: Indonesian Energy
Industry: Indonesian Thermal Coal

57. Bumitama Agri Ltd

Company Profile: Bumitama Agri Ltd
Market Cap (USD): $1.78 B
Country: Indonesia
Sector: Indonesian Consumer Staples
Industry: Indonesian Farm Products

58. P.T. Bank Pan Indonesia Tbk

Company Profile: P.T. Bank Pan Indonesia Tbk
Market Cap (USD): $1.64 B
Country: Indonesia
Sector: Indonesian Financials
Industry: Indonesian Banks—Regional

59. PT Bank Jago Tbk

Company Profile: PT Bank Jago Tbk
Market Cap (USD): $1.64 B
Country: Indonesia
Sector: Indonesian Financials
Industry: Indonesian Banks—Regional

60. PT Indocement Tunggal Prakarsa Tbk

Company Profile: PT Indocement Tunggal Prakarsa Tbk
Market Cap (USD): $1.61 B
Country: Indonesia
Sector: Indonesian Basic Materials
Industry: Indonesian Building Materials

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