Bumi Resources Tbk PT
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Bumi Resources Tbk PT - overview
Established
1973
Location
Jakarta, -, Indonesia
Primary Industry
Mining
About
Bumi Resources Tbk PT, headquartered in Jakarta, Indonesia, is a prominent company in the energy and mining sectors, primarily focused on coal production and related services for domestic and international markets. Bumi Resources Tbk PT was founded in 1973 and operates primarily in coal production through subsidiaries, such as Arutmin. The company has maintained its focus on coal and has not publicly disclosed any significant business pivots. Bumi Resources Tbk PT was co-founded by Abhi Patil, Daan Schillemans, Dax Raad, Florian Rath, and Liz Raad.
The firm has engaged in a total of one deal, with the most recent funding round occurring on November 26, 2008, when Ancora Capital Management invested IDR 949,365 million (approximately USD 75 million) for a 5% stake in the business. The total amount raised by the company is IDR 949,365 million (USD 75 million). PT. Bumi Resources Tbk (BUMI) operates within the energy and mining sectors, offering a diverse range of coal products and services.
It focuses on high-quality coal production for domestic and international markets, serving power generation companies and industrial applications. BUMI is committed to sustainable practices, emphasizing emission transparency and corporate social responsibility initiatives aimed at community enhancement and environmental stewardship. Its operations extend beyond Indonesia to various regions including Asia and Europe, where coal demand is significant. In 2022, PT.
Bumi Resources Tbk generated revenue of IDR 1,830,079,927 (USD 1,830. 08 mn) primarily through coal sales. The revenue model is based on long-term contracts with power generation companies and direct sales to industrial clients. BUMI also collaborates with retailers and distributors to ensure broader market access, supporting the company's positioning in the global energy supply chain.
Bumi Resources Tbk PT aims to enhance its market presence with plans for product expansion and entry into new geographical areas. The company is focusing on launching new coal product variants and may target emerging markets in Southeast Asia and beyond by the end of 2025. The recent investment of IDR 949,365 million (USD 75 million) will be utilized to bolster these growth initiatives, supporting product development and expanding distribution channels, thereby fostering the company’s strategic objectives.
Current Investors
Ancora Capital Management
Primary Industry
Mining
Sub Industries
Coal & Lignite Mining
Website
www.bumiresources.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Bumi Resources Tbk PT - timeline of key events
Bumi Resources Tbk PT - financials
| Fiscal Year Ended | Dec 01, 2008 | Dec 01, 2009 | Dec 01, 2010 | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 2,265,000,000 | - | - | 4,001,058,461 | 3,775,518,192 | 3,547,424,427 | 2,786,067,095 | 40,506,538 | 23,372,429 | 17,366,667 | 1,111,820,412 | 1,112,566,618 | 790,436,397 | 1,008,212,975 | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | (6.0%) | (21.5%) | (98.5%) | (42.3%) | (25.7%) | 6302.0% | 0.1% | (29.0%) | 27.6% | - | - | - |
| EBITDA (USD) | 951,000,000 | - | - | 1,230,927,977 | 457,409,883 | 258,864,252 | 118,459,126 | (7,812,231) | (4,100,040) | (1,422,442) | 70,681,112 | 75,849,439 | 59,316,567 | 125,479,636 | - | - | - |
| Operating Income (USD) | - | - | - | 1,124,259,397 | 428,547,151 | 230,047,115 | 62,956,465 | (9,374,800) | (5,385,866) | (21,070,352) | 38,637,902 | 32,352,614 | 28,472,920 | 123,860,015 | - | - | - |
| Operating Margin | - | - | - | 28.1% | 11.4% | 6.5% | 2.3% | (23.1%) | (23.0%) | (121.3%) | 3.5% | 2.9% | 3.6% | 12.3% | - | - | - |
| % EBITDA Margin | 42.0% | - | - | 30.8% | 12.1% | 7.3% | 4.3% | (19.3%) | (17.5%) | (8.2%) | 6.4% | 6.8% | 7.5% | 12.4% | - | - | - |
| NET Income (USD) | - | - | - | 215,102,252 | (705,626,038) | (660,103,477) | (465,904,664) | (2,185,480,487) | 120,255,710 | 242,746,183 | 158,218,349 | 9,470,482 | (337,350,969) | 223,377,014 | - | - | - |
| % Net Margin | - | - | - | 5.4% | (18.7%) | (18.6%) | (16.7%) | (5395.4%) | 514.5% | 1397.8% | 14.2% | 0.9% | (42.7%) | 22.2% | - | - | - |
Bumi Resources Tbk PT - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Bumi Resources Tbk PT | - |
Displaying 1 - 1 of 1
Bumi Resources Tbk PT - employee data
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.