Metrics
The numbers behind PT Sarana Menara Nusantara Tbk.: as-reported financial statements and company metrics for FY2022–FY2025, traced to the source filings, opened with the share-price history those statements have to justify. Every linked figure opens the exact page of the filing it was printed on, with the statement row highlighted. Amounts in Rp millions unless noted.
Reading notes: All figures are consolidated and expressed in millions of Indonesian Rupiah (Rp millions), exactly as printed in the audited statements (Indonesian thousands separators converted to plain integers). Main-column citations: FY2025 FY2024 from the FY2025 audited consolidated financial statements (filed as the Q4/FY2025 results book); FY2023 FY2022 from the FY2023 Annual Report (own year + comparative column). Revenue-by-type labels are taken verbatim from each source: the FY2025 book prints 'Lease income'; the FY2023 report prints 'Rental income' (same line, Pendapatan sewa). FY2021 long-term revenue (Rp8,635,300m) and net income (Rp3,447,900m) are taken from the FY2023 Annual Report financial highlights (stated in Rp billion, rounded) and are shown without page links; the FY2021→FY2022 step-up reflects the 2021 Solusi Tunas Pratama (STP) acquisition.
Share Price — Available History Since January 2026
The stock closed at IDR 414.00 on Jul 23, 2026 — down 34% over the window shown, trading between IDR 316.00 and IDR 625.00. At that close the stock trades at 6.0× FY2025 diluted EPS as reported below.
Source: market price feed, daily closes, Jan 2026–Jul 2026 — the feed marks this available history as partial. Price return only, excludes dividends.
FY2025 at a Glance
Revenue (Rp millions)
Operating income (Rp millions)
Net income (Rp millions)
Diluted EPS
Source: FY2025 consolidated statements [1] [2] [3]. Click any linked figure to open the filing page with the row highlighted.
Revenue by Type
| Revenue by Type | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Lease income (third parties) | 10,210,361 | 10,533,037 | 11,473,707 | 11,671,297 |
| Services and others (third parties) | 684,661 | 1,042,286 | 1,119,642 | 1,483,469 |
| Sub-total (third parties) | 10,895,022 | 11,575,323 | 12,593,349 | 13,154,766 |
| Lease income (related parties) | 1,957 | 1,010 | 3,148 | 3,137 |
| Services and others (related parties) | 138,671 | 164,012 | 139,318 | 170,004 |
| Sub-total (related parties) | 140,628 | 165,022 | 142,466 | 173,141 |
| Total revenues | 11,035,650 | 11,740,345 | 12,735,815 | 13,327,907 |
| Total revenues growth, derived | — | +6.4% | +8.5% | +4.6% |
Source: Note 31/30 Revenues — lease income vs services and others (third and related parties) [4] [5]. Click any linked figure to open the filing page with the row highlighted.
Income Statement
Source: Consolidated Statement of Profit or Loss and Other Comprehensive Income [1] [2] [3]. Click any linked figure to open the filing page with the row highlighted.
Columns marked E are consensus analyst estimates from S&P Capital IQ (CapIQ), shown alongside reported results for direct comparison; they are not company guidance.
Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-23. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Consensus revenue sits well below the as-reported line for the last actual year — analysts often model a narrower revenue basis (e.g. net of interest or pass-through costs), so compare trends, not levels. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.
Balance Sheet
Source: Consolidated Statement of Financial Position [6] [7] [8] [9]. Click any linked figure to open the filing page with the row highlighted.
Cash Flow
| Cash Flow | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Net cash flows provided by operating activities | 8,072,991 | 8,915,256 | 9,340,067 | 10,354,694 |
| Payments for acquisition of fixed assets and advance for suppliers | (4,681,060) | (4,563,727) | (4,519,034) | (3,287,492) |
| Acquisition of businesses, net of cash acquired | (1,139,222) | (42,701) | (3,457,027) | 6,163 |
| Net cash flows used in investing activities | (5,887,863) | (4,546,860) | (8,005,524) | (3,479,241) |
| Payments of dividends - owners of the parent entity | (1,202,174) | (1,201,303) | (901,363) | (1,192,355) |
| Payments for lease liabilities | (1,301,789) | (1,674,830) | (1,650,645) | (1,257,762) |
| Proceed from shares issuance | — | — | — | 5,496,766 |
| Net cash flows used in financing activities | (6,709,726) | (4,246,921) | (783,037) | (7,161,958) |
| Net increase (decrease) in cash and cash equivalents | (4,524,598) | 121,475 | 551,506 | (286,505) |
Source: Consolidated Statement of Cash Flows [10] [11] [12] [13]. Click any linked figure to open the filing page with the row highlighted.
Long-Term Record
| Fiscal year | Total revenue | Profit for the year | Net cash from operating activities | Capital expenditure | Diluted earnings per share |
|---|---|---|---|---|---|
| FY2016 | — | — | 3,832,865 | (3,866,597) | — |
| FY2017 | — | — | 3,454,291 | (740,751) | — |
| FY2018 | — | — | 3,620,921 | (2,056,963) | — |
| FY2019 | — | — | 3,955,483 | (4,442,048) | — |
| FY2020 | — | — | 5,951,202 | (3,929,140) | — |
| FY2021 | 8,635,300 | 3,447,900 | 6,196,246 | (2,192,540) | — |
| FY2022 | 11,035,650 | 3,496,535 | 8,072,991 | (4,681,060) | 69.00 |
| FY2023 | 11,740,345 | 3,303,642 | 8,915,256 | (4,563,727) | 65.00 |
| FY2024 | 12,735,815 | 3,364,606 | 9,340,067 | (4,519,034) | 67.00 |
| FY2025 | 13,327,907 | 3,682,248 | 10,354,694 | (3,287,492) | 69.00 |
Source: consolidated statements across filings; older years from the standardized feed [11] [1] [2] [13]. Click any linked figure to open the filing page with the row highlighted.
Operating KPIs
| KPI | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|
| Total towers | — | 30,558 | 35,400 | 36,247 |
| Number of total sites (tenants) | — | 54,284 | 58,035 | 60,540 |
Source: company-reported operating metrics [14]. Click any linked figure to open the filing page with the row highlighted.
Analyst Consensus
Mean target
Median target
High target
Low target
Street ratings: 9 strong buy, 3 buy, 1 hold. Consensus: Strong Buy.
Estimate source: S&P Capital IQ (CapIQ) consensus, as of 2026-07-23. Estimate figures are S&P Capital IQ consensus (vendor data — no filing page links). EPS and net income use the normalized (adjusted) consensus where the street reports it. Consensus revenue sits well below the as-reported line for the last actual year — analysts often model a narrower revenue basis (e.g. net of interest or pass-through costs), so compare trends, not levels. Line-item analyst models (segments, drivers, KPIs) are in the Visible Alpha tab.
Traceability
221 of 235 figures on this page (94%) link to the filing page where they are printed — click a linked figure to open the source PDF at that page with the row highlighted. Unlinked figures come from standardized data feeds or pre-filing years.
All figures are consolidated and expressed in millions of Indonesian Rupiah (Rp millions), exactly as printed in the audited statements (Indonesian thousands separators converted to plain integers).
Main-column citations: FY2025 FY2024 from the FY2025 audited consolidated financial statements (filed as the Q4/FY2025 results book); FY2023 FY2022 from the FY2023 Annual Report (own year + comparative column).
Revenue-by-type labels are taken verbatim from each source: the FY2025 book prints 'Lease income'; the FY2023 report prints 'Rental income' (same line, Pendapatan sewa).
FY2021 long-term revenue (Rp8,635,300m) and net income (Rp3,447,900m) are taken from the FY2023 Annual Report financial highlights (stated in Rp billion, rounded) and are shown without page links; the FY2021→FY2022 step-up reflects the 2021 Solusi Tunas Pratama (STP) acquisition.
Long-term operating cash flow and capital expenditure for FY2016–FY2021 are from the standardized data feed (audited filings not in this run's corpus) and are shown without page links; FY2022–FY2025 are cited to the statements.
Quarterly income is derived from the year-to-date interim statements (TOWR reports interim P L on a cumulative basis); quarterly balance-sheet figures are point-in-time as printed. The 2025 rights issue (Rp5.49tn) is visible in the equity jump between Q2 and Q3 FY25.
1 figure(s) differed between the data feed and the filing; the filing value is shown (see the run's metrics/metrics_tab.json for the audit trail).