IRPC Public Company Limited

IRPC Public Company Limited

IRPC.BK
IRPC Public Company LimitedTH flagStock Exchange of Thailand
1.86
THB
+0.02
- -
37.96BMarket Cap
IRPC Public Company Limited
IRPC.BK
(Stock Exchange of Thailand)

Recent

price

1.86

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
11.06
12.12
14.33
14.34
13.8
10.49
9.07
10.49
13.75
11.73
8.55
12.5
15.91
15.63
15.41
13.68
14.35
Revenue per Share
0.3
0.19
-0.04
0.04
-0.26
0.46
0.48
0.56
0.38
-0.06
-0.3
0.71
-0.21
-0.14
-0.25
-0.17
-0.45
Basic EPS, GAAP
- -
0.24
0.14
0.83
0.22
1.36
0.35
0.44
0.58
0.07
0.37
0.41
-0.62
0.32
0.29
1.11
0.56
Free Cash Flow per Basic Share
0.18
0.18
0.04
0.08
0.1
0.08
0.22
0.23
0.39
0.09
0.1
0.14
0.18
0.03
0.03
0.01
0.01
Dividend per Share
2.24
2.33
2.25
2.21
1.85
2.22
2.47
2.79
2.78
2.59
2.21
2.79
2.4
2.23
1.94
1.74
1.76
Book Value per Share
3.66
3.76
3.66
3.63
3.26
3.66
3.93
4.26
4.25
4.06
3.67
4.26
3.87
3.69
3.4
3.2
3.2
Tangible Book Value per Share
20,040
20,369
20,410
20,410
20,410
20,410
20,410
20,410
20,410
20,410
20,410
20,410
20,410
20,410
20,434
20,434
20,585
Basic Weighted Avg Shares
221,611
246,888
292,430
292,593
281,589
214,172
185,041
214,101
280,551
239,315
174,463
255,115
324,800
319,047
314,833
279,572
295,331
Sales/Revenue/Turnover
2.2
2.82
-0.68
-0.12
-2.77
6.11
7.66
6.73
3.22
-1.76
-4.03
7.22
0.85
-0.99
-2.01
-1.22
-3.65
Operating Margin (%)
3,384
3,594
4,487
4,932
5,210
5,456
6,249
7,062
8,237
8,542
8,952
8,587
8,059
8,666
9,140
9,425
9,427
Depreciation Expense
6,100
3,941
-777
826
-5,235
9,402
9,721
11,354
7,735
-1,174
-6,152
14,505
-4,364
-2,923
-5,193
-3,571
-9,343
Net Income, GAAP
2.09
2.11
- -
0.82
- -
19.93
2.81
16.11
12.86
- -
- -
13.93
- -
- -
- -
- -
- -
Effective Tax Rate (%)
2.75
1.6
-0.27
0.28
-1.86
4.39
5.25
5.3
2.76
-0.49
-3.53
5.69
-1.34
-0.92
-1.65
-1.28
-3.16
Profit Margin (%)
31,359
27,796
32,619
14,241
-2,687
-226
-12,580
-1,770
-2,267
-2,060
-688
19,558
8,864
2,739
3,155
8,105
4,670
Working Capital
24,407
25,205
41,973
33,883
44,243
49,235
36,741
45,152
43,561
43,881
48,687
50,667
52,024
53,118
55,899
57,346
57,427
LT Debt
74,871
78,059
76,480
75,527
67,904
75,878
81,005
87,650
87,380
83,402
75,666
87,712
79,678
76,122
70,109
65,989
66,525
Total Equity
5.23
6.42
- -
-0.3
- -
8.12
10.09
8.33
5.41
- -
- -
11.03
- -
- -
- -
- -
- -
Return on Invested Capital (%)
10.53
7.13
- -
2.86
- -
10.28
10.53
11.4
8.14
- -
- -
14.15
- -
- -
- -
- -
- -
Return on Capital (%)
13.63
8.54
-1.66
1.82
-12.64
22.65
20.31
21.15
13.59
-2.14
-12.58
28.43
-8.24
-6.19
-12.2
-9.49
-22.85
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
16,106
10,000
14,813
LT Borrowings
55,752
66,195
57,268
LT Finance Leases
147
174
158
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20,411
20,411
20,411
Market Capitalization
23,758
17,818
15,645

Working Capital

FRC

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
56,999
60,002
53,649
Cash, Cash Equivalents & STI
9,924
11,211
7,607
Accounts Receivable, Net
13,269
13,745
14,628
Inventories
28,791
27,921
26,282
Total Current Liabilities
53,844
45,631
48,979
Payables & Accruals
35,953
34,035
32,747
ST Debt
16,106
10,000
14,813
Deferred Revenue
1,022
998
854

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.07%
-2.3%
-5.88%
Free Cash Flow
19.22%
-23.55%
286.46%
Net Income, GAAP
-15.53%
-90.49%
-31.23%
Sales/Revenue/Turnover
5.06%
11.85%
-11.2%
Total Cash Common Dividend
10.19%
-16.28%
-66.66%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
79,348
81,630
79,732
74,123
314,833
2025
72,858
68,617
67,682
- -
279,572
2026
76,842
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.08
-0.04
-0.24
- -
-0.25
2025
-0.06
-0.1
- -
- -
-0.17
2026
0.39
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
- -
- -
0.03
2025
- -
0.01
- -
- -
0.01
2026
- -
- -
- -
- -
- -
Business
IRPC Public Company Limited engages in the integrated production of petroleum and petrochemical products in Thailand, Singapore, and internationally. Founded in 1978 and headquartered in Rayong, Thailand, the company operates through three main segments: Petroleum Products, Petrochemical Products, and Other Business; it produces refinery products including lubricants, asphalt, and fuels; petrochemicals such as olefins (ethylene, propylene, butadiene), aromatics (benzene), and plastic resins; non-woven fabrics, medical consumables, and fertilizers; and provides utilities like power generation and distribution, industrial water and air systems, wastewater treatment, port services, storage tanks, and jetty operations. IRPC serves industrial customers, distributors, and end-users across Southeast Asia with a focus on downstream energy and chemicals markets. In recent developments, the company reported a net profit of THB340 million in Q3 2025, rebounding from prior losses due to improved refining margins amid geopolitical tensions and launched its "4R" strategy (Re-capitalize, Re-vitalize, Re-invent, Re-frame) for 2025-2030 to optimize non-core assets, enhance core operations, invest in high-value growth, and drive sustainability; it partnered with HSS on November 25, 2025, to introduce Graphenix × KleanTeQ graphene-coated sportswear and lifestyle apparel, collaborated with Eastern Poly Pack (EPP) and the Prostheses Foundation on recycled PP sheets via the From Wastes to Walk project on November 21, 2025, and signed a workforce development MOU under the iPEC program with PTT Group companies on October 21, 2025.