Sido Muncul joins Top 50. Sido Muncul stock spans IDR 344 to IDR 585

Published on 10/14/2026 at 03:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sido Muncul joined the Top 50 on October 12, 2026, at a governance award. Sido Muncul stock spans an IDR 344 to IDR 585 52-week range.

Governance award and recovery signals

Sido Muncul joined the Top 50 at an award ceremony on October 12, 2026.
Exports grew 28.00 percent across 34 countries in the first half of 2026.
Market capitalization stood at IDR 10.3 trillion as of October 13, 2026.

Sido Muncul, ID1000130305, Illustration mit AI erstellt.

Sido Muncul (ID1000130305) stock had a 52-week range of IDR 344 to IDR 585 as of October 13, 2026. On October 12, 2026, the herbal medicine producer joined the Top 50 MidCap PLCs at the IICD Corporate Governance Conference and Award, according to RM.id.

Three dated business signals

On September 9, 2026, Sido Muncul was reported to be preparing IDR 150 billion in capital expenditure for efficiency and machine maintenance, according to Pluang. The figure points to a maintenance-led investment cycle rather than a large acquisition program.

On September 17, 2026, export sales were reported to have grown 28.00 percent year over year and reached 34 countries. Consolidated net sales stood at IDR 1.47 trillion and accumulated net profit at IDR 334.0 billion in the first half of 2026, according to WartaJogja.

The chronology shows a company balancing near-term distribution pressure with longer-term product and export expansion. That combination gives the governance award a business context beyond a single corporate recognition.

What does the recovery mean for sales?

Sales fell 20.00 percent year over year in the first half of 2026 as Sido Muncul adjusted distributor inventories, according to Kontan. The same report said distributor inventory had fallen to 18 days, while the food and beverage segment grew 11.00 percent to IDR 760.0 billion.

The comparison matters because the reported weakness was concentrated in the herbal and supplement channel, while food, beverages and pharmaceuticals continued to expand. For investors, the next reported period will show whether lower distributor inventories translate into recognized sales growth.

Stock valuation and trading venue

Sido Muncul is listed on the Indonesia Stock Exchange under ticker SIDO. Its market capitalization was IDR 10.3 trillion as of October 13, 2026, while the 52-week range was IDR 344 to IDR 585, placing the latest structured quote inside that annual band.

The company therefore combines a 28.00 percent export increase with a 20.00 percent first-half sales decline. The contrast is the key figure for assessing whether distribution normalization can convert into broader earnings recovery.

Governance adds a measurable reference point

The October 12, 2026 award supplies the most recent dated corporate event, while the first-half figures supply the operating baseline. The IDR 150 billion capital expenditure plan and 34-country export footprint add two concrete markers for the companys expansion and efficiency priorities.

Market context: Market report IDX Composite.