1. Thailand Stocks

  2. •

    Utilities

  3. •

    Gas distributors
Pilatus Marine Public Company Limited

Pilatus Marine Public Company Limited

0.51
THB
-0.01
(-1.92%)
0.06EPS
9.08P/E
518.40MMarket Cap
Pilatus Marine Public Company Limited
SET:PLT
(Stock Exchange of Thailand)

Recent

price

0.51

P/E

ratio

9.08

div

yld

3.92%

ROIC.AI

2021
2022
2023
2024
2025
TTM
THB
0.69
0.83
0.92
1.01
1.12
1.15
Revenue per Share
0.06
0.06
0.05
0.07
0.06
0.06
Basic EPS, GAAP
0.16
0.15
-0.38
-0.23
0.17
0.22
Free Cash Flow per Basic Share
0.04
0.05
0.07
0.01
0.03
0.02
Dividend per Share
0.41
0.43
0.85
0.91
0.94
0.96
Book Value per Share
0.41
0.43
0.84
0.9
0.94
0.96
Tangible Book Value per Share
960
960
873
960
960
960
Basic Weighted Avg Shares
665
795
805
968
1,073
1,106
Sales/Revenue/Turnover
12.27
11.92
9.03
11.1
10.42
8.93
Operating Margin (%)
142
153
147
183
209
214
Depreciation Expense
55
62
44
63
61
57
Net Income, GAAP
20.37
19.72
22.37
19.79
20.2
20.44
Effective Tax Rate (%)
8.28
7.83
5.46
6.49
5.66
5.16
Profit Margin (%)
-68
-26
7
-53
-58
-58
Working Capital
174
157
298
518
404
485
LT Debt
394
412
820
873
905
924
Total Equity
- -
11.35
5.81
6.08
5.58
5.05
Return on Invested Capital (%)
- -
11.49
5.94
6.14
5.64
5.11
Return on Capital (%)
- -
15.44
7.14
7.42
6.83
6.31
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
168
165
171
LT Borrowings
319
299
420
LT Finance Leases
85
75
65
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
960
960
960
Market Capitalization
595
547
518

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
206
222
210
Cash, Cash Equivalents & STI
77
94
103
Accounts Receivable, Net
82
75
82
Inventories
17
27
12
Total Current Liabilities
264
261
267
Payables & Accruals
81
82
75
ST Debt
168
165
171
Deferred Revenue
7
8
15

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
3.66%
Free Cash Flow
- -
- -
-173.05%
Net Income, GAAP
- -
- -
-3.27%
Sales/Revenue/Turnover
- -
- -
10.83%
Total Cash Common Dividend
- -
- -
199.99%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
230
228
258
252
968
2025
257
258
287
270
1,073
2026
265
284
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.01
0.07
2025
0.01
0.02
0.02
0.01
0.06
2026
0.01
0.02
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
- -
0.01
2025
- -
0.02
0.01
- -
0.03
2026
- -
0.01
- -
- -
- -
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Business
Pilatus Marine Public Company Limited is a Thailand-based maritime transportation and logistics provider specializing in the bulk transport of liquefied petroleum gas (LPG) and petrochemical products. Founded in 2010 and headquartered in Bangkok, Thailand, the company operates primarily across two key business segments: Marine Logistics and Inland Road Transportation. The company offers a comprehensive range of services, including domestic marine transportation of pressurized liquefied petroleum gas via a dedicated fleet of specialized LPG carrier vessels operating across coastal terminals and deep-sea ports along the Gulf of Thailand; regional and international marine gas shipping services connecting major energy hubs across Southeast Asia and East Asia, including Vietnam, Cambodia, Malaysia, and Singapore; inland road haulage of bulk LPG utilizing an extensive fleet of specialized heavy-duty road tank trucks serving commercial filling depots and industrial clients; customized time-charter and voyage-charter shipping contracts for multinational energy producers; and integrated ship management, marine safety compliance, and fleet maintenance support services. The company caters to major state-owned and private petroleum corporations, industrial gas wholesalers, and retail energy distributors. In recent strategic developments, Pilatus Marine completed its public listing on the Stock Exchange of Thailand under the ticker symbol PLT, utilizing IPO proceeds to execute a major fleet modernization and expansion program. The company has since acquired and deployed larger-capacity LPG vessels to strengthen its long-haul international shipping routes across the Asia-Pacific region, expanded its domestic cross-border transit capabilities, and increased its fleet of specialized road transport tankers to enhance integrated multimodal energy logistics solutions.