Indah Kiat repays USD 7.315 million debt and Indah Kiat stock trades at EUR 0.42

Indah Kiat (ISIN ID1000062201) repaid two USD 7.315 million bonds on October 12, 2026, according to Stockwatch. The stock was at EUR 0.42 at Lang & Schwarz on October 14, 2026 at 9:33 a.m. CEST.

Three dated balance-sheet signals

On September 29, 2026, Indah Kiat disclosed funding arrangements for three debt instruments, including a USD 900 million bond, according to TradingView. The later October 12 repayment of two smaller dollar bonds, worth USD 5.82 million and USD 1.495 million, marks a concrete step in the companys debt schedule.

On October 2, 2026, management said 55 percent to 60 percent of revenue came from US dollar exports and described natural hedging as a way to manage rupiah volatility, TradingView reported. That currency mix links export revenue and financing decisions directly to the companys reported US dollar results.

First-half profit sets the operating base

For the first half of 2026, net income reached USD 372.33 million, up 127.45 percent year over year, while sales rose 8.74 percent to USD 1.70 billion, according to TradingView. The comparison is important because the profit increase was much faster than sales growth, leaving execution and currency effects as central variables for the second half.

Kontan reported on October 4, 2026 that Mirae Asset analyst Wilbert Arifin expected the third quarter of 2026 to be the weakest quarter because of lower pulp prices, initial operating losses at the Indah Kiat Karawang plant and reduced foreign-exchange gains. The same report said the fourth quarter could improve as pulp prices recover and the plants losses narrow.

What does the debt schedule mean

The next dated obligations identified in market coverage fall on November 21 and November 22, 2026, when Indah Kiat is expected to repay instruments totaling IDR 1.04 trillion and USD 900,000, according to Packaging News Daily. The October repayment therefore sits within a wider refinancing timetable rather than representing an isolated balance-sheet event.

Mirae Asset kept a BUY rating and an IDR 13,500 target in its October 2, 2026 research note, while citing pulp prices, the Karawang ramp-up and refinancing as key risks, Mirae Asset Sekuritas wrote. The target is stated in IDR because Indah Kiat trades on the Indonesia Stock Exchange, while the German quote remains the euro reference for this article.

Stock price and trading context

Indah Kiat stock was trading at EUR 0.42 at Lang & Schwarz on October 14, 2026 at 9:33 a.m. CEST. On the Indonesia Stock Exchange, INKP.JK was quoted at IDR 8,300 at 7:32 a.m. UTC on October 14, 2026, with a market capitalization of IDR 45.4 trillion and a 52-week range of IDR 6,250.00 to IDR 12,750.00.

The further course of trading is shown by the continuously updated real-time quote of Indah Kiat stock.

Market context: Market report IDX Composite.

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