Golden Lime Public Company Ltd

Golden Lime Public Company Ltd

3.14
THB
-0.04
(-1.26%)
0.07EPS
40.20P/E
1.00BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.75
3.78
3.07
2.62
3.02
3.69
3.23
3.69
3.93
4.89
4.03
3.74
3.58
3.72
Basic EPS, GAAP
0.44
0.45
0.32
0.23
0.23
0.28
0.02
0.69
0.17
0.29
0.13
0.17
-0.03
0.07
Free Cash Flow per Basic Share
0.79
0.3
0.03
0.47
0.18
0.29
0.95
0.37
0.05
0.41
0.31
0.25
-0.07
0.34
Dividend per Share
0.69
0.24
0.3
0.38
0.24
0.25
0.36
0.28
0.13
- -
- -
0.16
0.07
0.03
Book Value per Share
1.27
2.04
2.07
1.91
1.92
1.95
1.61
2.01
2.06
2.37
2.79
2.79
2.7
2.93
Tangible Book Value per Share
1.27
2.04
2.07
1.88
1.88
1.27
0.94
1.35
1.41
1.72
2.26
2.27
2.18
1.58
Basic Weighted Avg Shares
227
283
302
302
302
302
302
302
302
303
355
362
362
362
Sales/Revenue/Turnover
851
1,071
927
791
912
1,113
973
1,113
1,186
1,478
1,428
1,355
1,298
1,349
Operating Margin (%)
15.15
13.58
11.13
8.47
8.66
9.99
4.52
6.11
6.08
5.94
7.08
8.63
2.39
5.24
Depreciation Expense
86
90
90
99
85
112
122
140
147
137
124
126
128
127
Net Income, GAAP
101
128
97
68
71
85
7
207
51
89
46
62
-9
25
Effective Tax Rate (%)
7.32
8.03
11.72
10.15
14.88
15.02
59.89
3.14
- -
- -
26.35
22.88
- -
36.54
Profit Margin (%)
11.85
11.94
10.43
8.59
7.76
7.6
0.74
18.61
4.32
6.03
3.23
4.58
-0.7
1.84
Working Capital
-47
238
162
121
38
-6
-193
-67
-409
-384
-100
-112
-163
-120
LT Debt
113
50
74
90
59
319
192
667
277
201
185
109
137
84
Total Equity
287
618
626
579
581
590
487
610
626
718
1,011
1,013
978
1,062
Return on Invested Capital (%)
14.48
17.04
12.51
8.78
8.05
8.55
1.39
15.65
- -
- -
4.07
4.92
- -
2.43
Return on Capital (%)
18.06
19.31
12.58
8.8
8.84
9.1
1.39
15.62
- -
- -
4.05
4.9
- -
2.44
Return on Common Equity (%)
32
28.25
15.56
11.29
12.22
14.45
1.33
37.77
8.29
13.3
5.34
6.13
-0.91
2.37

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
814
763
684
LT Borrowings
90
45
33
LT Finance Leases
47
56
51
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
362
362
362
Market Capitalization
920
819
1,000

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
831
801
787
Cash, Cash Equivalents & STI
45
31
51
Accounts Receivable, Net
187
221
194
Inventories
550
501
500
Total Current Liabilities
994
960
908
Payables & Accruals
168
185
209
ST Debt
814
763
684
Deferred Revenue
7
9
12

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.71%
10.97%
-3.41%
Free Cash Flow
224.67%
87.61%
-127.46%
Net Income, GAAP
256.3%
-25.89%
-114.67%
Sales/Revenue/Turnover
4.3%
3.71%
-4.16%
Total Cash Common Dividend
- -
- -
-56.26%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
416
324
321
294
1,355
2025
373
307
295
322
1,298
2026
381
351
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.05
0.03
-0.02
0.17
2025
0.08
0.05
-0.02
-0.14
-0.03
2026
0.11
0.13
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
- -
0.08
0.16
2025
- -
0.04
0.03
- -
0.07
2026
- -
- -
- -
- -
- -

Company Description

CEO
Sathish Kumar Pushparaj
Full Time Employees
1,026
Sector
Non-energy minerals
Industry
Construction materials
Address
No. 89 Cosmo Office Park Pakkret NU Thailand 11120
IPO Date
Apr 3, 2014
Business
Golden Lime Public Company Limited manufactures and distributes industrial chemical products and related materials primarily in Thailand and internationally. Its core product portfolio includes calcium oxide (quicklime), calcium hydroxide (hydrated lime), calcium carbonate, lime, dolime (calcium magnesium oxide), and other related chemical products. The company also engages in the mining, production, and distribution of marble products, limestone, and related by-products. Additionally, Golden Lime designs, assembles, supplies, and installs machinery and equipment, including lime and limestone conveyor systems, EOD kiln installations, and fuel-burning systems. The company offers engineering consulting services, packing, transportation, and logistics to support its product offerings. It serves a wide range of industries including iron and steel, non-ferrous metals, water and waste treatment, construction, civil engineering, cement and mortar, concrete, flue gas cleaning, animal feed, sugar, agriculture, chemicals, plastics, and rubber. In recent major developments, Golden Lime has seen strategic expansion through acquisitions and capacity enhancement projects. Notably, it acquired Thai Marble Corporation Limited in 2020, a company operating marble product production and distribution, with limestone and marble quarry concessions. In 2022, Golden Lime approved asset acquisition and addition of 1 MW solar farm capacity linked to its operations at Chong Sarika. More recently, in 2024, the company postponed the planned expansion of lime kiln production capacity due to changing market demand and strategic reassessment, while advancing a significant investment project to double calcium carbonate production capacity from 60,000 tons to 120,000 tons with new machinery and processes expected operational by 2025. In 2025, Carmeuse and partner GP Group acquired a 45% stake in Golden Lime, marking a notable shift in ownership structure. The company continues to reinforce its operational resilience and output capability in response to market conditions. Founded in 2003, Golden Lime is headquartered in Nonthaburi, Thailand. It operates through subsidiaries including Golden Lime Engineering Co., Ltd., which focuses on engineering design and machinery installation. The company operates primarily in Thailand but serves customers internationally across multiple industrial sectors. Golden Lime is a subsidiary of CE Lime (Thailand) Limited and has maintained a diverse product and service portfolio encompassing chemical manufacturing, mining, engineering consulting, and logistics. These offerings position the company as a key player in industrial chemicals and related sectors within Southeast Asia. This comprehensive profile reflects Golden Lime’s core products, recent strategic movements including acquisitions, production capacity projects, and its broad industry service coverage aligned to meet evolving market demands.