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2026-11-02T09:20:30

Depo Bangunan Profit Up 16.4% in 9M 2026; Mitra10 Parent CSAP Jumps 140%

建材零售商业绩：Depo Bangunan前9月净利增16.4%，Mitra10母公司CSAP大增140%

Depo Bangunan profit rose in the first nine months of 2026, even though its core business earned less. PT Caturkarda Depo Bangunan Tbk (DEPO) reported net profit of Rp58.7 billion as of 30 September 2026, up 16.4% from Rp50.4 billion a year earlier, while operating profit fell 21.9%. Around the same time, PT Catur Sentosa Adiprana Tbk (CSAP), parent of the Mitra10 chain, reported a profit jump of about 140%. Together the two filings give a picture of Indonesian building materials retail heading into year end.

Key Facts

Flat sales, squeezed operating profit

According to the financial statements submitted to OJK on 28 October 2026 and summarised by The Signal, DEPO's net sales for January–September 2026 were about Rp2.11 trillion, roughly flat on the same period last year. With little sales growth, costs decided the result. Selling expenses reached Rp320.7 billion and general and administrative expenses Rp77.2 billion, so operating profit shrank to Rp29.2 billion from Rp37.4 billion.

The rise in net profit came mainly from outside the core business. Other income climbed to Rp47.9 billion from Rp27.0 billion, pushing pre-tax profit up 25.2% to Rp72.3 billion. In other words, the 16.4% profit growth does not yet reflect better store margins.

Cash up as time deposits were drawn down

DEPO's cash jumped to Rp246.0 billion from Rp39.1 billion. The Signal notes this tracked a fall in time deposits from Rp292 billion to Rp86 billion, so it was not purely operating cash flow. Short-term bank loans rose to Rp29.8 billion from Rp5.0 billion, and total liabilities increased 9.8% to Rp998.2 billion. Dividends paid fell to Rp10.185 billion from Rp28.518 billion, while equity grew 3.6% to Rp1.41 trillion.

DEPO also runs a subsidiary, PT Megadepo Indonesia in Sidoarjo, operating since 2004 with assets of about Rp967 billion. The company is led by President Director Henryanto Komala.

Mitra10: parent CSAP's profit surges

Separately, a summary of CSAP's financial statements published by RisetSaham on 29 October 2026 puts profit for the period at about Rp161.35 billion, up about 140.4%, on revenue of about Rp14.33 trillion, up about 11.4%. The summary is generated automatically from Indonesia Stock Exchange documents, so detailed figures should be checked against the official report. According to EmitenNews coverage from 2023, CSAP operates in building materials and consumer goods distribution and in modern retail through Mitra10 and Atria.

What it means for building materials buyers

The two reports suggest demand for building materials in modern retail is holding up, while competition and operating costs squeeze margins. For contractors and homeowners, conditions like these usually bring more frequent promotions and price programmes. Some practical steps:

  • Compare prices of the same product across several stores and check promotion validity dates.
  • For project purchases, ask for a written quotation that includes delivery costs.
  • Record brand, size and date so price comparisons stay fair.

homeX, an integrated building materials and furniture platform in Indonesia with showroom, warehousing and delivery services, can help put together quotation comparisons for many items at once.

Depo Bangunan profit: related articles and products

FAQ

How much profit did Depo Bangunan make through September 2026? DEPO booked net profit of Rp58.7 billion for the first nine months of 2026, up 16.4% from Rp50.4 billion a year earlier.

Why did DEPO operating profit fall while net profit rose? Sales were roughly flat while selling and administrative costs stayed high, cutting operating profit 21.9%. Net profit rose because other income increased to Rp47.9 billion.

How is Mitra10 related to CSAP? Mitra10 is the building materials retail chain of PT Catur Sentosa Adiprana Tbk (CSAP), which also runs Atria and a distribution business.

For building and renovation material needs, reach the homeX team on WhatsApp +62 821 1818 998, by email at homex9998@gmail.com or through our contact page.

Sources: The Signal, 30 Oct 2026 (DEPO financial statements); RisetSaham, 29 Oct 2026 (CSAP filing summary); EmitenNews, 2023 (CSAP segment profile)