Jakarta, 29 April 2026 — PT Daya Intiguna Yasa Tbk (“Company” or “MR.D.I.Y. Indonesia”, IDX: MDIY) delivered solid performance in the first quarter of 2026, with revenue reaching IDR 2.4 trillion, growing 31.0% year-on-year (YoY), while profit after tax increased by 35.5% YoY to IDR 306.5 billion.
The Company also added 56 new stores during Q1 2026, bringing its total store count to 1,278 stores nationwide. This expansion reflects the Company’s continued ability to expand its access and scale its Everyday Value proposition across diverse markets in Indonesia amidst dynamic macroeconomic conditions.
“At MR.D.I.Y. Indonesia, our value proposition of Hemat (Value), Lengkap (Variety), Dekat (Accessibility) is the foundation of how we serve our customers. As consumers become more selective, this value proposition becomes even more relevant. While needs remain unchanged, customers are more thoughtful about where they spend. MR.D.I.Y. continues to meet those needs by offering a wide range of products at reliable prices, in locations that are easy to access. This is why we become increasingly relevant, particularly in a more dynamic market environment,” said Edwin Cheah, President Director of MR.D.I.Y. Indonesia.
The Company also added 56 new stores during Q1 2026, bringing its total store count to 1,278 stores nationwide. This expansion reflects the Company’s continued ability to expand its access and scale its Everyday Value proposition across diverse markets in Indonesia amidst dynamic macroeconomic conditions.
“At MR.D.I.Y. Indonesia, our value proposition of Hemat (Value), Lengkap (Variety), Dekat (Accessibility) is the foundation of how we serve our customers. As consumers become more selective, this value proposition becomes even more relevant. While needs remain unchanged, customers are more thoughtful about where they spend. MR.D.I.Y. continues to meet those needs by offering a wide range of products at reliable prices, in locations that are easy to access. This is why we become increasingly relevant, particularly in a more dynamic market environment,” said Edwin Cheah, President Director of MR.D.I.Y. Indonesia.
Affordability and Breadth That Keep Demand Resilient
Amidst a backdrop of macroeconomic headwinds placing pressure on consumer sentiment, Indonesian consumers are increasingly more selective with heightened value consciousness. This behavioral shift aligns closely with MR.D.I.Y. Indonesia's value propositions - affordability, wide variety of more than 18,000 SKUs and convenient accessibility for the Indonesian customers.
The Company also continues to implement store refresh initiatives and product curation strategies, including tailored assortments for key cultural moments such as Ramadan and Eid al-Fitr, as well as improved in-store displays that further strengthen the overall value experience.
“Since our establishment in 2017, MR.D.I.Y. Indonesia has consistently proven itself as a relevant and reliable shopping destination for Indonesian families, where customers continue to shop regularly and spend with confidence, regardless of economic conditions. Our business model, unparalleled product offerings, and solid financial foundation continue to support sustainable growth and strengthen our position as a leading everyday retailer,” Edwin added.
Amidst a backdrop of macroeconomic headwinds placing pressure on consumer sentiment, Indonesian consumers are increasingly more selective with heightened value consciousness. This behavioral shift aligns closely with MR.D.I.Y. Indonesia's value propositions - affordability, wide variety of more than 18,000 SKUs and convenient accessibility for the Indonesian customers.
The Company also continues to implement store refresh initiatives and product curation strategies, including tailored assortments for key cultural moments such as Ramadan and Eid al-Fitr, as well as improved in-store displays that further strengthen the overall value experience.
“Since our establishment in 2017, MR.D.I.Y. Indonesia has consistently proven itself as a relevant and reliable shopping destination for Indonesian families, where customers continue to shop regularly and spend with confidence, regardless of economic conditions. Our business model, unparalleled product offerings, and solid financial foundation continue to support sustainable growth and strengthen our position as a leading everyday retailer,” Edwin added.
Disciplined Financial Management, Built to Grow Further
MR.D.I.Y. Indonesia’s Q1 2026 performance reflects not only strong revenue and profit growth, but also the quality and resilience of its business fundamentals. Effective cost management strengthened the balance sheet with the gearing ratio to 0.3x YoY, demonstrating a stronger balance sheet even as the Company continues to invest in store expansion.
Growing profitability, expanding margins, and a healthier capital structure validate MR.D.I.Y. Indonesia’s ability to scale efficiently while maintaining financial discipline.
Rika Juniaty Tanzil, Director/Chief Financial Officer of MR.D.I.Y. Indonesia explained, “With a proven and scalable operating model, a strengthening financial foundation, and a value proposition that resonates when it is needed most, the Company is well-positioned to continue delivering sustainable and profitable growth, creating greater value for more Indonesian families and long-term returns for its shareholders.”
Looking ahead, the Company sees a significant white space for continued expansion, particularly in tier-2 and tier-3 cities where retail penetration remains relatively low and demand for affordable household essentials continues to grow.
MR.D.I.Y. Indonesia’s Q1 2026 performance reflects not only strong revenue and profit growth, but also the quality and resilience of its business fundamentals. Effective cost management strengthened the balance sheet with the gearing ratio to 0.3x YoY, demonstrating a stronger balance sheet even as the Company continues to invest in store expansion.
Growing profitability, expanding margins, and a healthier capital structure validate MR.D.I.Y. Indonesia’s ability to scale efficiently while maintaining financial discipline.
Rika Juniaty Tanzil, Director/Chief Financial Officer of MR.D.I.Y. Indonesia explained, “With a proven and scalable operating model, a strengthening financial foundation, and a value proposition that resonates when it is needed most, the Company is well-positioned to continue delivering sustainable and profitable growth, creating greater value for more Indonesian families and long-term returns for its shareholders.”
Looking ahead, the Company sees a significant white space for continued expansion, particularly in tier-2 and tier-3 cities where retail penetration remains relatively low and demand for affordable household essentials continues to grow.
*MR.D.I.Y. Indonesia has furnished results for the first quarter ended 31 March 2026 (with the result for first quarter ended 31 March 2025 presented as comparative). The information for the first quarter ended 31 March 2026 is extracted from the unaudited and unreviewed consolidated financial statements of MR.D.I.Y. Indonesia as of and for the three months ended 31 March 2026 (with the consolidated financial information for the three months ended 31 March 2025 presented as comparative).
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About MR.D.I.Y.
MR.D.I.Y. is the largest home improvement retailer in Southeast Asia, with over 5,500 stores across Asia, Europe, and Africa including Malaysia, Thailand, Indonesia, Singapore, Brunei, the Philippines, Cambodia, Vietnam, India, Turkiye, Spain, Poland, and South Africa. MR.D.I.Y. is dedicated to making a positive difference for valued customers by offering a convenient shopping experience in all its stores nationwide. All MR.D.I.Y. stores are managed directly by the company and collaborate with mall owners and other property owners. MR.D.I.Y. stores offer approximately 18,000 product varieties across 10 major categories, including household appliances, furnishing, electrical, stationery & sports equipment, hardwares, jewelry & cosmetics and complementary categories such as toys, car accessories, and computer & handphone accessories. The Company strives to always put customers first by operating an innovative business that is flexible when it comes to providing a wide variety of products, good quality, and value-for-money, holding true to Company’s motto: "ALWAYS LOW PRICES".
Forward-Looking Statement
This document may contain forward-looking information or forward-looking statements including, but not limited to discussions of strategy, future plans and indicative financial performance (collectively, “forward-looking information”). All information contained in this document that is not clearly historical in nature or that necessarily depends on future or subsequent events is forward-looking information prepared as of the date of this document is based upon the opinions and estimates of management as well as the information available to management as of the date of this document. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as "expect", "will", "should", "intend", "anticipate", "potential", "proposed", "estimate" and other similar words, expressions and phrases, including negative and grammatical variations thereof, or statements that certain events or conditions "may,” or "will" happen, or by discussion of strategy.
Forward-looking information is based on a variety of current internal expectations, estimates, projections, assumptions, and beliefs that, while deemed reasonable by management, are subject to significant business, economic, competitive landscape, and other uncertainties and contingencies. This information does not serve as a guarantee of future performance which involves both known and unknown risks, uncertainties, conditions and other factors (including the risk factors outlined in the Company’s IPO Prospectus pertaining the Company’s consolidated financial statements and Management’s Discussion & Analysis), which could result in actual outcomes, performance, or achievements differing materially from those expressed or implied by the forward-looking information. Any estimates, business or investment strategies, or views expressed in this document are based on current market conditions and/or data provided by unaffiliated third-party sources, and may change without prior notice. If any information in this document was obtained from third-party sources, the Company has not independently verified it, and there is a risk that the assumptions and conclusions drawn based on such information may not be accurate or complete. Unless required by law, the Company is under no obligation to update or revise any forward-looking information due to new information, events, or otherwise. Readers are advised not to place undue reliance on this forward-looking information, which should not be seen as the sole basis for making any investment decisions.
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Media Contacts:
Feby Budi Dayono
Corporate Communications
MR.D.I.Y. Indonesia
feby.dayono@mrdiy.com
Eliza Viyantina
Artemis Indonesia
eliza.viyantina@artemishub.id
