Index International Group Public Co Limited

Index International Group Public Co Limited

0.84
THB
-0.02
(-2.33%)
0.11EPS
8.51P/E
315.00MMarket Cap
Index International Group Public Co Limited
SET:IND.R
(Stock Exchange of Thailand)

Recent

price

0.84

P/E

ratio

8.51

div

yld

8.95%

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
TTM
THB
4.73
2.2
2.54
1.34
1.74
2.17
2.27
3.14
2.78
Revenue per Share
0.19
0.09
0.08
0.04
0.09
0.04
0.17
0.21
0.11
Basic EPS, GAAP
0.24
0.06
0.16
-0.07
0.05
-0.17
0.07
-0.03
-0.26
Free Cash Flow per Basic Share
- -
- -
0.13
- -
- -
- -
0.01
0.07
0.08
Dividend per Share
0.46
0.54
1.03
1.08
1.16
1.18
1.35
1.49
1.47
Book Value per Share
0.45
0.54
1.03
1.08
1.16
1.18
1.35
1.49
1.47
Tangible Book Value per Share
350
350
226
350
350
350
350
350
340
Basic Weighted Avg Shares
1,657
771
573
468
608
758
794
1,100
946
Sales/Revenue/Turnover
5
5.02
4.06
4.09
6.81
2.15
8.92
8.58
4.88
Operating Margin (%)
9
9
8
7
5
4
4
6
6
Depreciation Expense
65
32
18
14
32
13
58
75
36
Net Income, GAAP
20.07
20.42
19.01
23.02
20.44
21.03
20.01
21.26
23.44
Effective Tax Rate (%)
3.93
4.1
3.1
3.05
5.33
1.76
7.29
6.82
3.8
Profit Margin (%)
84
129
295
272
280
292
317
363
377
Working Capital
8
7
4
3
4
6
10
11
11
LT Debt
159
191
360
379
406
412
472
523
515
Total Equity
- -
16.4
6.66
3.94
8.21
3.04
12.36
14.36
6.69
Return on Invested Capital (%)
- -
17.43
6.63
3.93
8.2
3.24
12.68
14.56
6.89
Return on Capital (%)
- -
18.07
6.45
3.86
8.26
3.27
13.1
15.08
7.07
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
11
14
12
LT Borrowings
- -
- -
- -
LT Finance Leases
11
13
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
350
350
350
Market Capitalization
483
399
315

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
903
847
871
Cash, Cash Equivalents & STI
67
29
26
Accounts Receivable, Net
200
171
268
Inventories
- -
- -
- -
Total Current Liabilities
541
477
494
Payables & Accruals
342
303
316
ST Debt
11
14
12
Deferred Revenue
168
147
146

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
7.82%
10.78%
Free Cash Flow
- -
-210.33%
-146.2%
Net Income, GAAP
- -
82.31%
29.53%
Sales/Revenue/Turnover
- -
15.88%
38.43%
Total Cash Common Dividend
- -
- -
341.34%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
176
143
217
258
794
2025
227
340
278
254
1,100
2026
228
185
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.05
0.08
0.17
2025
0.06
0.09
0.07
- -
0.21
2026
0.02
0.02
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.02
- -
- -
0.01
2025
- -
0.07
- -
- -
0.07
2026
- -
0.07
- -
- -
- -
Business
Index International Group Public Company Limited operates as a consulting engineering firm primarily in Thailand, providing comprehensive engineering consultancy and architectural services. The company offers a broad portfolio including project planning; city and district planning; architectural design incorporating landscaping; detailed engineering design across structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources engineering; airport master planning; environmental studies; and program control. Additional services include feasibility studies, scale model creation, specification and technical drawings, bills of quantities, geographic information system applications, and complete design and engineering services for construction procurement and contract bidding. It also provides project management and construction supervision covering construction inputs to architects and engineers, turnkey and design-build project management, contract handling during phased construction, procurement services including expediting and quality control, schedule control, and value engineering, alongside LEED certification consulting. The company was founded in 1983 and is headquartered in Pathum Thani, Thailand. Index International Group serves a wide range of infrastructure and construction sectors including airports, bridges and highways, buildings, dams, factories, offshore structures, ports and harbors, mass transit systems, and water supply and sanitation projects. Its client base primarily includes government agencies and private sector developers within Thailand. Regarding recent developments, the company reported a backlog surpassing 3 billion baht as of early 2025, driving revenue growth and signaling continued expansion. It has indicated plans to pursue growth through government contract bids focused on double-track railway projects under EPC (Engineering, Procurement, and Construction) contracts, reflecting a strategic focus on large-scale infrastructure projects. The company maintains steady dividend payouts and has shown earnings improvement in 2025 compared to previous periods, indicating operational strength and financial stability. No public reports of recent mergers, acquisitions, or significant reorganizations have been noted within the last two years, though the firm continues to emphasize strengthening its project management capabilities and expanding its EPC contract portfolio. Index International Group remains a key engineering consultancy firm in Thailand specializing in integrated design and construction management services across diverse infrastructure sectors with a strategic emphasis on government infrastructure projects and sustainability consulting services.