1. Thailand Stocks

  2. •

    Finance

  3. •

    Real estate development
Thanasiri Group PCL NVDR

Thanasiri Group PCL NVDR

1.56
THB
-0.01
(-0.64%)
-0.10EPS
427.16MMarket 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
2.9
2.63
3.33
3.11
3.27
2.16
1.55
1.34
1.13
2.69
1.9
1.96
1.69
1.35
Basic EPS, GAAP
0.15
0.03
0.07
0.07
0.13
-0.07
-0.24
-0.07
0.09
0.33
0.15
0.12
-0.03
-0.09
Free Cash Flow per Basic Share
0.64
0.25
0.45
-0.42
1.22
0.77
0.36
0.68
-0.76
-0.1
-0.68
0.55
0.6
-0.08
Dividend per Share
- -
- -
- -
0.08
- -
- -
- -
- -
- -
0.05
0.11
0.05
0.02
- -
Book Value per Share
1.63
1.65
1.72
1.71
1.83
1.76
1.52
1.46
1.57
1.94
2
2.07
2.03
1.94
Tangible Book Value per Share
1.62
1.65
1.72
1.71
1.83
1.76
1.52
1.46
1.57
1.94
2
2.07
2.03
1.94
Basic Weighted Avg Shares
251
251
253
253
253
253
253
253
253
257
277
277
277
273
Sales/Revenue/Turnover
727
660
843
787
828
548
392
338
287
690
526
543
468
368
Operating Margin (%)
9.65
5.77
6.16
4.75
6.69
-1.47
-10.97
-3.62
-1.21
12.27
6.71
6.97
-1.01
-7.8
Depreciation Expense
4
5
5
5
5
6
4
5
3
2
6
7
7
7
Net Income, GAAP
37
7
17
18
34
-18
-61
-17
23
84
41
34
-8
-24
Effective Tax Rate (%)
21.42
26.81
42.53
31.24
24.56
- -
- -
- -
- -
18.73
26.64
14.2
- -
- -
Profit Margin (%)
5.04
1.1
2.05
2.23
4.08
-3.2
-15.49
-4.92
8.02
12.23
7.77
6.31
-1.61
-6.42
Working Capital
244
345
377
403
441
409
291
326
429
515
376
472
515
493
LT Debt
73
115
61
72
66
68
4
42
146
107
112
163
146
138
Total Equity
408
428
465
461
493
471
407
385
411
548
559
574
563
538
Return on Invested Capital (%)
3.11
0.62
1.36
1.29
2.84
- -
- -
- -
- -
7.68
2.85
2.73
- -
- -
Return on Capital (%)
4.82
2.51
3.15
2.62
4.15
- -
- -
- -
- -
10.46
4.84
4.95
- -
- -
Return on Common Equity (%)
9.46
1.76
4.06
4.05
7.55
-3.85
-14.58
-4.4
5.99
17.99
7.47
6.06
-1.33
-4.29

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
292
296
416
LT Borrowings
141
227
134
LT Finance Leases
5
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
277
277
277
Market Capitalization
341
427
427

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
921
1,054
1,139
Cash, Cash Equivalents & STI
49
33
94
Accounts Receivable, Net
6
8
12
Inventories
744
882
908
Total Current Liabilities
406
460
646
Payables & Accruals
66
82
77
ST Debt
292
296
416
Deferred Revenue
30
60
130

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.55%
8.57%
-1.89%
Free Cash Flow
-44.5%
28.05%
9.53%
Net Income, GAAP
-4.55%
-32.3%
-122.08%
Sales/Revenue/Turnover
1.37%
18.22%
-13.71%
Total Cash Common Dividend
- -
- -
-69.79%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
148
134
180
543
2025
68
184
107
110
468
2026
73
79
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.08
0.01
0.01
0.12
2025
-0.05
0.02
-0.02
0.02
-0.03
2026
-0.05
-0.04
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.03
0.03
- -
0.05
2025
- -
0.01
- -
- -
0.02
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Suttirak Sathian-Ayuth
Full Time Employees
200
Sector
Finance
Industry
Real estate development
Address
650, 652 Baromratchonnanee Road Bangkok BM Thailand 10700
IPO Date
Dec 17, 2009
Website
thanasiri.com
Similar Companies
DLF Limited (NSE:DLF)
Opendoor Technologies Inc (NASDAQ:OPEN)
Samolet (MOEX:SMLT)
Alarko Holding A.S. (BIST:ALARK)
Godrej Properties Limited (NSE:GODREJPROP)
Lodha Developers Ltd. (NSE:LODHA)
Business
Thanasiri Group Public Company Limited and its associated entities are actively involved in the development and sale of real estate properties throughout Thailand. The company specializes in crafting a diverse portfolio of residential offerings, including detached homes, semi-detached residences, and townhouses. These properties are presented under distinct brand identities such as Thanacio, Thana Village, Thana Habitat, Thanacluster, Thana Residence, Siri Village, and Anabuki Thana Habitat, the latter stemming from a strategic partnership with a Japanese housing developer. The firm concentrates its project development efforts in the bustling metropolitan areas, particularly in Nonthaburi province, and extends its presence to economically growing regions across Thailand, including the southern and northeastern parts of the country. Thanasiri Group Public Company Limited, initially known as Thanasiri Baan Lae Suan Company Limited before its name change in April 2009, was established in 1985 and maintains its operational base in Bangkok, Thailand. The company emphasizes creating sustainable communities, adhering to a "Well-Being Model" that prioritizes family life, community engagement, and environmental considerations. Recent efforts in 2025 include launching new luxury low-rise housing projects to meet market demand.