Bukalapak stake reached 45.68 percent: what it means for Elang Mahkota Teknologi stock

Published on 10/19/2026 at 10:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Elang Mahkota added 803.29 million Bukalapak shares by September 30, 2026. The next results date for Elang Mahkota Teknologi stock is November 4, 2026.

Ownership change and upcoming results

Elang Mahkota's Bukalapak holding reached 45.68 percent on September 30, 2026.
The group added 803.29 million Bukalapak shares during September 2026.
Second-quarter 2026 revenue was IDR 5.00 trillion and net income was IDR 15.25 billion.
The next quarterly results are scheduled for November 4, 2026.

Elang Mahkota Teknologi, ID1000113905, Illustration mit AI erstellt.

Elang Mahkota Teknologi's holding in Bukalapak reached 45.68 percent by September 30, 2026, after its subsidiary added 803.29 million shares during the month. Kontan reported the increase on October 12, 2026, giving the ownership change a concrete link to the Indonesian group's investment strategy.

What changed in September

The September 30 ownership record put Elang Mahkota Teknologi's direct Bukalapak holding at 10.67 percent, equal to 11.01 billion shares, according to Kontan. The subsidiary PT Kreatif Media Karya held the larger 45.68 percent position, making the group a central shareholder in Bukalapak.

The chronology is clear: on August 1, 2026, second-quarter results showed revenue of IDR 5.00 trillion and net income of IDR 15.25 billion; on September 30, 2026, the direct Bukalapak stake reached 10.67 percent; on October 12, 2026, Kontan reported the 45.68 percent subsidiary holding.

What does the holding mean for results?

The ownership move sits alongside a mixed second-quarter picture. Revenue of IDR 5.00 trillion was down 14.04 percent from the first quarter, while net income improved from a loss of IDR 335.85 billion in the first quarter to IDR 15.25 billion in the second quarter, according to TradingView. The next report will show whether the investment structure is accompanied by operating improvement.

Dates for the next report

TradingView lists November 4, 2026, as the next quarterly results date. That date is the next scheduled company event in the available calendar.

IDX price and company scale

The IDX listing was quoted at IDR 322.00 on October 19, 2026 at 2:54 p.m. WIB. Its market capitalization was IDR 19.7 trillion on the same date, giving the ownership expansion a sizeable market context.

PT Elang Mahkota Teknologi Tbk operates across media, technology solutions, healthcare and other businesses. Its second-quarter net income of IDR 15.25 billion compares with the first-quarter loss of IDR 335.85 billion, while revenue remained above IDR 4.99 trillion.