Adaro stock highlights 16.5 percent first-half revenue growth

Published on 10/07/2026 at 10:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adaro stock's first-half net profit reached USD 309 million, up 76.9 percent in 2026. Revenue rose 16.5 percent to USD 999 million, while the share price was last at IDR 2,590 on October 7.

Adaro, ID1000111305, Illustration mit AI erstellt.

Adaro stock is tied to first-half 2026 revenue of USD 999 million, up 16.5 percent year over year, while net profit rose 76.9 percent to USD 309 million. The company now operates as PT Alamtri Resources Indonesia Tbk, formerly PT Adaro Energy Indonesia Tbk, according to its company website.

Profit growth leads the story

Investor.id reported on September 22, 2026, that first-half revenue increased 16.5 percent to USD 999 million, EBITDA rose 56.8 percent to USD 491 million, and net profit advanced 76.9 percent to USD 309 million. The comparison matters because earnings grew much faster than sales, pointing to stronger profitability in the reported period.

The business mix is also changing. The same September 2026 report said the aluminum operation was entering its ramp-up phase and could begin contributing revenue toward the end of 2026, giving the group a second growth channel alongside coal.

Quarterly cash flow adds a counterpoint

Frontier lists Q2 2026 revenue at USD 528.3 million, up 16.5 percent year over year, and net profit at USD 185.5 million, up 68.9 percent. Its June 30, 2026 table also shows operating cash flow of negative USD 238.0 million for the quarter.

That split gives investors two numbers to weigh: strong reported earnings and a negative quarterly operating cash flow figure. The aluminum ramp-up may broaden revenue, but execution and cash conversion remain material variables for the next report.

Consensus target stays above the quote

Investing.com shows a Buy consensus from 12 analysts, with an average 12-month target of IDR 3,121. The high target is IDR 4,229.39 and the low target is IDR 1,505.38, placing the average target IDR 531 above the October 7 price of IDR 2,590, or 20.5 percent above it.

On the Indonesia Stock Exchange, the stock was last at IDR 2,590 on October 7, 2026, at 3:22 p.m. WIB, down 0.38 percent from IDR 2,600. The 52-week range is IDR 1,625 to IDR 2,860, while market capitalization is IDR 74.6 trillion and volume is 23,173,700 shares.