PT Intikeramik Alamasri Industri Tbk (Holding) was established in 1991, founding a ceramic manufacturing plant in the Palem Manis Industrial Area, Tangerang, Banten. This factory is managed by the Company’s Manufacturing subsidiary, a pioneer in contributing to the Company’s revenue. The flagship product of the Manufacturing Ceramic subsidiary is Homogeneous Tile (Porcelain Ceramics), the first of its kind in Indonesia, marketed both domestically and internationally under the brand Essenza.

In 2017, PT Intikeramik Alamasri Industri Tbk (IKAI) introduced new management with highly professional human resources in their respective fields. To support the development of the ceramic industry, the Company expanded its business direction to become an Investment Company implementing sustainable and mutually supportive businesses by venturing into the Hospitality Property and Area Development sector, in line with the growing tourism and infrastructure industry in Indonesia.

Presently, IKAI is an investment company dedicated to bringing significant added value in three main sectors: manufacturing, hotels, and area development. With a focus on diversifying the investment portfolio, we are committed to being a reliable investment partner and driving the growth of these sectors while upholding business ethics and sustainability values. With strong experience and expertise, IKAI is prepared to make a positive contribution to the economic and social development of Indonesia.

Vision and Mission

Company Vision

To be a leading investment company that creates sustainable investment growth with continuous improvement toward its shareholder value.

Company Mission

We strategically build and grow our investment by improving its business fundamental to grow the asset-value and profitability.

Statement Purpose

Build and improve asset value and
earning power.

Company History

  • 1991
  • 1993
  • 1997
  • 2007
  • 2017
  • 2018
  • 2019
  • - 1991

    The company established a manufacturing plant and traded ceramics and granite.

  • - 1993

    The company built a ceramic manufacturing factory with the Essenza trademark in the Palem Manis Industrial Area, Tangerang, Banten. This factory was then managed by PT Internusa Keramik Alamasri (INKA), the first subsidiary of PT Intikeramik Alamasri Industri Tbk.

  • - 1997

    Intikeramik Alamasri Industri conducted an Initial Public Offering (IPO) with the IKAI ticker.

  • - 2007 – 2016

    The manufacturing subsidiary developed Essenza ceramic products and won the Top Brand Award.

  • - 2017

    There was a change in management of the company in 2017, and in the same year, the company developed Pillar Property Development in the form of capital participation in hotel business entities.

  • - 2018

    IKAI developed the Property Development Pillar by reinvesting capital in hotel business entities.

  • - 2019

    IKAI revised the business sector by adding the Hospitality and Property Development business sectors to the Company’s Articles of Association.


Engkos Sadrah

President Commissioner & Commissioner Independent

Dean Arslan

Commissioner Independent

Teuku Johas Raffli

President Director

Organizational Structure