1. Thailand Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
Boutique Corp. Public Co. Ltd.

Boutique Corp. Public Co. Ltd.

0.51
THB
+0.01
(+2.00%)
-0.37EPS
348.96MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.71
0.69
0.27
0.24
0.44
0.69
0.83
0.73
0.75
Basic EPS, GAAP
-0.19
-0.19
-0.32
-0.26
-0.09
-0.34
0.06
-0.15
-0.24
Free Cash Flow per Basic Share
-2.47
-1.64
-0.75
-0.65
-0.57
-0.74
0.15
-0.7
-0.54
Dividend per Share
0.15
- -
0.11
- -
- -
- -
- -
0.12
0.01
Book Value per Share
1.01
1.89
1.56
1.33
1.31
1.05
1.18
1.04
0.97
Tangible Book Value per Share
1.01
1.88
1.54
1.32
1.3
1.04
1.17
1.02
0.96
Basic Weighted Avg Shares
349
372
518
507
555
570
571
575
577
Sales/Revenue/Turnover
248
255
141
120
243
394
472
417
430
Operating Margin (%)
-47.87
-78.6
-130.34
-160.53
-61.62
-23.11
2.17
-15.99
-9.82
Depreciation Expense
22
35
56
65
66
72
70
59
58
Net Income, GAAP
-67
-72
-167
-131
-50
-194
32
-88
-138
Effective Tax Rate (%)
22.76
24.2
- -
- -
- -
- -
83.6
- -
- -
Profit Margin (%)
-26.85
-28.06
-119.03
-109.14
-20.62
-49.27
6.81
-21.11
-32.22
Working Capital
-194
81
-107
-86
109
-259
-79
-276
-245
LT Debt
2,246
2,089
2,490
2,926
2,701
2,628
2,313
2,125
2,213
Total Equity
534
1,098
882
594
464
608
932
901
985
Return on Invested Capital (%)
- -
7.56
- -
- -
- -
- -
0.77
- -
- -
Return on Capital (%)
- -
-6.01
- -
- -
- -
- -
2.51
- -
- -
Return on Common Equity (%)
- -
-9.67
-19.05
-17.74
-7.02
-28.83
5.05
-13.82
-22.87

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
212
278
321
LT Borrowings
1,986
1,994
2,071
LT Finance Leases
139
140
141
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
577
577
582
Market Capitalization
450
381
349

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
238
205
221
Cash, Cash Equivalents & STI
128
93
128
Accounts Receivable, Net
28
26
21
Inventories
2
2
3
Total Current Liabilities
515
443
466
Payables & Accruals
285
152
132
ST Debt
212
278
321
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
5.28%
-3.42%
Free Cash Flow
- -
-133.36%
-559.23%
Net Income, GAAP
- -
-57.25%
-373.74%
Sales/Revenue/Turnover
- -
31.69%
-11.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
132
97
107
137
472
2025
133
77
80
126
417
2026
142
81
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
0.06
0.1
-0.06
0.06
2025
0.08
-0.1
-0.08
-0.05
-0.15
2026
-0.02
-0.09
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
0.11
- -
- -
0.12
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Prabsharan Singh Thakral
Full Time Employees
71
Sector
Consumer services
Industry
Hotels/Resorts/Cruise lines
Address
170/67, Ocean Tower 1 Bangkok BM Thailand 10110
IPO Date
Nov 14, 2019
Website
boutiquecorporation.com
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Business
Boutique Corporation Public Company Limited, along with its affiliated entities, specializes in the comprehensive development, management, and divestment of real estate assets across the hospitality, retail, and commercial sectors within Thailand. The company structures its operations through distinct divisions: Hotel Business and Serviced Apartments; Community Malls and Office Buildings; and Management Services and Other Ventures. Its core activities encompass extensive real estate development, including the creation of serviced residences, the active management of hotel properties under both international and proprietary brands, and the establishment of community retail centers. Furthermore, the firm engages in the sale of developed real estate projects and offers sophisticated real estate investment management services. A central component of its strategy is the Build-Operate-Sell (BOS) model, which focuses on optimizing asset value to generate significant returns and consistent cash flows. Recent developments include a substantial increase in Q1 2025 profits, driven by the successful sale of the Summer Point project, and the launch of the Summer Point Token (SUMX), marking Thailand's first SEC-approved real estate ICO. The company is also expanding its luxury hospitality portfolio, including plans for a new hotel in Sukhumvit 24, and has secured agreements to operate multiple global hotel brands. Boutique Corporation Public Company Limited was established in 2007 and maintains its headquarters in Bangkok, Thailand.