PT Sumber Alfaria Trijaya Tbk: Business Overview, Financials & Competitive Analysis
PT Sumber Alfaria Trijaya Tbk scores 7/10 on the AskCyborg Cyborg Score (Strong). Well-positioned second-largest minimarket operator with debt-free balance sheet and expanding market share, though facing macro headwinds and profitability challenges. Alfamart demonstrated solid financial performance with 7.8% revenue growth and 9.5% gross profit growth in 1H2025. Market share improved from 13.0% to 13.5% overall, with expansion in Modern.
What is PT Sumber Alfaria Trijaya Tbk's industry? PT Sumber Alfaria Trijaya Tbk (alfamart.co.id) operates in Retail / Minimarket / Convenience Store. AskCyborg classifies PT Sumber Alfaria Trijaya Tbk under Retail / Minimarket / Convenience Store in its company registry.
Alfamart is a leading retail company in Indonesia that engages in the retail distribution of consumer products including food, drinks, and non-food products through minimarket networks and franchise services. The comp...
Cyborg Score thesis
Well-positioned second-largest minimarket operator with debt-free balance sheet and expanding market share, though facing macro...
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Get Current Report FreePT Sumber Alfaria Trijaya Tbk Overview
Pro stress-test →Alfamart is a leading retail company in Indonesia that engages in the retail distribution of consumer products including food, drinks, and non-food products through minimarket networks and franchise services. The company operates 20,673 stores as of June 2025, positioning itself as Indonesia's second-largest minimarket operator.
Strategic Profile
Pro stress-test →Alfamart's strategy focuses on three key pillars: continued store network expansion (particularly in high-potential Outer Islands), enhancement of digital capabilities, and strengthening of distribution infrastructure. The company maintains a strong balance sheet with zero debt and substantial cash reserves, enabling strategic flexibility in competitive Indonesian retail landscape.
Competitive Landscape
Pro stress-test →Alfamart operates as Indonesia's second-largest minimarket chain, with primary competition from Indomaret, the market leader. Minimarkets maintain 37.6% market share in Indonesia's retail landscape, competing with general trade (51.9%) and super/hyper markets (10.5%). Alfamart also operates regional brands including Alfamidi and Alfa Express.
Industry Context
PT Sumber Alfaria Trijaya Tbk operates in Retail / Minimarket / Convenience Store.
Key facts
Founded: 1989 · Headquarters: Tangerang, Indonesia · Employees: 95,650 · Revenue: $7.65B · Market cap: $4.86B