Full Service: Listed Company KAQI Capitalises on Ramadan Blessings and 2026 Exodus Season
PT Jantra Grupo Indonesia Tbk (IDX: KAQI) has capitalised on Indonesia’s resilient economic growth and rising vehicle purchases, particularly in the four-wheel vehicle sector. Car sales in Indonesia demonstrated significant improvement in early 2026, with wholesale (factory to dealer) growth reaching 22.1 per cent in February 2026 (81,159 units) compared with January. Year-on-year, February 2026 sales increased 12.2 per cent compared with February 2025. This positive trend is being driven by automotive exhibitions and preparations for the Ramadan holiday, with the 2026 target set at 850,000 units.
As Indonesia’s largest company specialising in car suspension and maintenance services, KAQI is capitalising on this automotive sector growth. The strong demand for vehicle maintenance services ahead of the exodus season, driven by consumers’ desire for smooth, safe and comfortable journeys, is benefiting the company.
Imam Sujono, Chief Executive Officer and founder of Jantra Grupo Indonesia (KAQI), stated that the growth in vehicle serviced units and year-on-year seasonal Ramadan revenue increases have been very positive. In 2023, the company serviced 20,985 vehicles and generated revenue of 50 billion rupiah. This increased year-on-year to 23,646 vehicles serviced in 2024, with revenue reaching 57.5 billion rupiah.
The company has achieved particularly strong results in 2025 and 2026 due to seasonal factors combined with significant operational efficiency improvements. In 2025, the year-on-year figure rose to 28,336 vehicles serviced, accompanied by positive revenue growth trends. For the 2026 Ramadan season, with improved marketing strategies including the AMBYAR lottery offering prizes up to one billion rupiah, the company estimates an increase in average daily revenue of between 10 and 20 per cent during this holiday period.
“We are proud to serve travellers with the best services we offer and with an expanding number of branches, so our customers’ Ramadan celebrations with family and friends can be more meaningful,” Imam Sujono said in a press statement on Monday, 16 March 2026.
Based on the company’s full-year 2025 financial report, management views the outlook positively with substantial business strategies and optimal efficiency levels, expressing confidence in achieving a significant jump with revenue growth of approximately 30-40 per cent. “However, objectively we await the audited version which will naturally be presented to the regulator, the public and investors in the near future,” Imam concluded.