Surge in Retail Investors Drives Securities Performance, BRIDS Profit Rises More Than 200%
Jakarta, 22 April 2026 – The rapid growth in the number of retail investors in Indonesia's capital market has begun to drive the performance of securities industry players. PT BRI Danareksa Sekuritas (BRIDS) recorded revenue growth of 23% and significant operating profit growth of more than 200% throughout 2025. This achievement reflects strong expansion in the digital-based retail segment and improved effectiveness in the implementation of the Company's business strategy in capturing market opportunities, supported by a strengthened business model and continuously improving operational quality.
Amid global economic conditions still marked by uncertainty, Indonesia's economy continued to grow at 5.11% year-on-year. This stability also underpinned capital market performance, as reflected in the Jakarta Composite Index (JCI) strengthening by more than 22% over the past year, reaching all-time highs on 24 occasions, with market capitalization surpassing 16,000 and closing at 8,646 at year-end.
In line with this, the domestic investor base continued to expand. Data from the Indonesian Central Securities Depository (KSEI) shows that the number of investors reached 20.32 million Single Investor Identifications (SID) by end of 2025, growing approximately 37% year-on-year. This increase was driven primarily by retail investors, particularly in mutual fund instruments.
BRIDS Acting President Director, Fifi Virgantria, stated that the retail investor growth trend has been the primary driver of the company's performance, especially through digital channels. In terms of revenue structure, the brokerage business remains the main pillar with a contribution of around 54%, with the retail segment dominating at up to 52% of that share, in line with significant growth in the online retail channel which increased by up to 156% compared to the previous year.
"The performance throughout 2025 reflects the successful implementation of business transformation carried out consistently over the past few years. BRIDS' retail segment has been the key contributor, particularly through continuously growing digital platforms supported by digital technology optimization," she said.
Amid this growth, competition in the retail segment has also intensified, as industry players aggressively develop digital platforms and expand their customer base. BRIDS has responded by strengthening technology-based services and developing products to drive recurring income through margin facilities.
In addition, the company has also leveraged synergies within the BRI Group ecosystem to expand distribution and improve public investment literacy. This step is considered important in sustaining the growth of domestic investors while deepening the national financial market.
Looking ahead, BRIDS sees the retail segment as continuing to be one of the key drivers of securities industry growth, though market dynamics and global conditions remain factors that warrant close attention.