1. Thailand Stocks

  2. •

    Process industries

  3. •

    Agricultural commodities/Milling
Betagro Public Company Limited

Betagro Public Company Limited

21.50
THB
+0.80
(+3.86%)
2.02EPS
10.46P/E
39.46BMarket Cap
Nov 10Next Earn
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
98.98
106.8
113.9
71.69
55.94
59.03
63.34
61.69
Basic EPS, GAAP
1.72
3.15
1.35
5.05
-0.72
1.27
3.46
1.98
Free Cash Flow per Basic Share
4.14
6.34
-4.91
4.81
-0.64
0.28
6.05
2.61
Dividend per Share
- -
0.8
9.8
7.16
1
0.25
0.5
1.49
Book Value per Share
20.38
22.75
21.01
14.73
12.99
14
16.82
16.1
Tangible Book Value per Share
18.76
21.33
19.74
14.27
12.58
13.63
16.02
15.25
Basic Weighted Avg Shares
750
750
750
1,571
1,942
1,935
1,932
1,918
Sales/Revenue/Turnover
74,232
80,102
85,424
112,626
108,638
114,232
122,370
118,304
Operating Margin (%)
1.85
4.02
1.12
8.72
-0.34
3.53
6.72
4.36
Depreciation Expense
3,420
3,905
4,066
4,243
4,568
4,972
5,381
5,437
Net Income, GAAP
1,292
2,361
1,011
7,938
-1,398
2,466
6,685
3,794
Effective Tax Rate (%)
- -
14.04
19.86
16.05
- -
28.09
13.13
21.98
Profit Margin (%)
1.74
2.95
1.18
7.05
-1.29
2.16
5.46
3.21
Working Capital
955
5,098
-101
11,146
6,232
8,281
12,843
17,223
LT Debt
9,000
11,757
10,606
8,064
9,690
10,389
10,701
16,550
Total Equity
15,393
17,146
15,522
28,664
25,312
27,288
33,114
30,896
Return on Invested Capital (%)
- -
7.13
2.96
17.48
- -
5.66
13.51
7.56
Return on Capital (%)
- -
7.27
3.87
16.84
- -
5.74
13.4
7.64
Return on Common Equity (%)
- -
14.59
6.16
35.87
-5.21
9.44
22.53
12.4

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8,456
9,937
8,060
LT Borrowings
5,990
6,506
11,192
LT Finance Leases
4,711
4,687
5,358
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,917
1,917
1,906
Market Capitalization
34,886
46,770
39,455

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
32,392
35,337
35,317
Cash, Cash Equivalents & STI
1,270
3,973
2,427
Accounts Receivable, Net
7,351
7,282
7,437
Inventories
22,939
23,318
24,485
Total Current Liabilities
19,549
20,780
18,094
Payables & Accruals
11,093
10,843
10,034
ST Debt
8,456
9,937
8,060
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.53%
21.35%
Free Cash Flow
- -
259.51%
2,040.45%
Net Income, GAAP
- -
81.08%
171.05%
Sales/Revenue/Turnover
- -
9.44%
7.12%
Total Cash Common Dividend
- -
224.05%
100%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27,024
27,225
29,889
30,094
114,232
2025
30,308
31,542
30,583
29,937
122,370
2026
28,367
29,417
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
0.32
0.51
0.51
1.27
2025
0.98
1.34
0.6
0.53
3.46
2026
0.53
0.31
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.25
- -
- -
0.25
2025
- -
0.5
- -
- -
0.5
2026
- -
1.5
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Wasit Taepaisitphong
Full Time Employees
33,588
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
323 Betagro Tower(North Park) Bangkok BM Thailand 10210
IPO Date
Nov 2, 2022
Website
betagro.com
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Business
Betagro Public Company Limited (BTG.BK), founded in 1967 and headquartered in Bangkok, Thailand, operates as a leading integrated agro-industrial and food company with a vertically integrated model spanning upstream to downstream production. The company produces and distributes livestock and aquaculture feeds under brands including Betagro, BE-LAC, P-LAC, FARM, Balance, MASTER, BIO and Amina; animal health products such as veterinary medicines, pharmaceuticals and nutritional supplements; livestock including pigs, broilers and layers; protein products encompassing meat, chicken eggs, fish, processed foods like ready-to-eat, ready-to-cook and semi-cooked items, by-products and protein alternatives; and pet food products featuring snacks, supplementary food, medicine and shampoo for dogs and cats. Betagro maintains production and distribution facilities across all regions of Thailand, exports to over 30 international markets and extends operations to neighboring countries including Cambodia, Laos and Myanmar through investments in animal feed production, ranches and distribution channels. In recent developments, Betagro agreed to acquire Eggriculture Foods Ltd. (SEHK:8609) on August 15, 2024, to bolster its protein and egg production capabilities; Betagro Ventures participated in BiomEdit's Series B funding round on August 11, 2025, supporting innovative poultry bacteria products; and the company announced a THB 4.8 billion investment plan for 2025 expansion targeting 3-7% revenue growth, building on strong 2024 performance.