Garudafood

Garudafood

Leading Indonesian food and beverage producer offering a diverse range of snacks, biscuits, and drinks under renowned brands. Learn more

Launch date
Employees
Market cap
€821m
Enterprise valuation
€897m (Public information from Sep 2024)
Jakarta Indonesia (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
IDR201820192020202120222023
Revenues-8.4t7.7t8.8t10.5t10.5t
% growth--(9 %)14 %19 %-
EBITDA-780.0b605.9b909.4b933.8b1.0t
% EBITDA margin-9 %8 %10 %9 %10 %
Profit-416.9b259.4b424.8b425.2b580.4b
% profit margin-5 %3 %5 %4 %6 %
EV / revenue-1.4x1.4x2.3x1.9x1.6x
EV / EBITDA-15.2x17.9x22.6x21.9x15.9x
R&D budget-28.4b16.4b27.4b17.8b21.0b
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DateInvestorsAmountRound
*

$150m

Growth Equity VC
N/A

N/A

IPO

N/A

Post IPO Debt
*

IDR6.2t

Secondary
Total Funding€136m

Recent News about Garudafood

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More about Garudafoodinfo icon
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Garudafood, a prominent player in Indonesia's food and beverage sector, was formally established in 1994 under the Tudung Group. The company initially focused on marketing peanut products under the brand name Kacang Garuda. Over the years, Garudafood has expanded its product portfolio to include a variety of packaged foods and beverages. The company's offerings now encompass five major brands: Gery, Garuda, Chocolatos, Leo, and Clevo. These brands cover a wide range of products including biscuits, peanuts, crackers, confectionery, dairy, snacks, and chocolate powder drinks.

Garudafood serves a broad clientele, ranging from local consumers in Indonesia to international markets, with export sales reaching over 20 countries. The company operates in the highly competitive food and beverage market, leveraging its strong brand recognition and commitment to innovation to maintain its leading position.

Garudafood's business model revolves around manufacturing and marketing high-quality food and beverage products. Revenue is primarily generated through the sale of these products both domestically and internationally. The company continues to invest in product development and market expansion to drive growth.

Keywords: Garudafood, Kacang Garuda, Gery, Chocolatos, Leo, Clevo, snacks, biscuits, dairy, confectionery.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Garudafood

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Suntory Garuda Beverage
ACQUISITION by Garudafood Dec 2023