Jakarta. Fertilizer company Nusa Palapa Gemilang (Ticker ID: NPGF) has just secured a contract worth Rp 217 billion (around $12.9 million) in the palm oil plantation sector early this year.

The contract makes up about 97% of the company’s revenue in the previous year, thereby laying the groundwork for a robust growth for 2026. The contract comprises the NPK fertilizer and plant nutrition formula that is designed for oil palm plantations.

Nusa Palapa Gemilang President Director Ujang Suparman said that the contract reflected the growing confidence in the company’s product quality and services.

“NPGF’s success in securing the Rp 217 billion contract in early 2026 is the fruit of the company’s consistency in maintaining product quality. Distribution accuracy, and approach that is focused on the plantation customers,” Ujang said.

The contract is expected to bolster NPGF’s portfolio amidst the various agribusinesses that the company is doing.

“This contract serves as a key initial capital for NPGF in maintaining the growth momentum throughout 2026. With this contract made early on in 2026, we believe we can register a sustainable operational performance,” Ujang said.

NPGF aims for a 20% year-on-year growth in revenue in 2026. NPGF went on to say that this is not a one-off deal, but part of a sustainable sales pipeline that the company is building. This contract complements the company’s strategic step in strengthening the capital. To this day, NPGF has secured Rp 54 billion in bank credit facility. NPGF is expected to enjoy a combination of solid demand and financing capacity to grow its business.

Going forward, the company aims to strengthen its relationships with its existing customers, while opening doors for new contracts in plantation and commercial agribusinesses. NPGF remains upbeat that it can be a provider of reliable fertilizers for the national plantation industry.