T.MAN Pharmaceutical Public Company Limited

T.MAN Pharmaceutical Public Company Limited

10.30
THB
0.00
(0.00%)
1.26EPS
8.63P/E
4.36BMarket Cap
Nov 18Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
5.04
4.93
6.44
6.27
6.49
Basic EPS, GAAP
1.18
1.08
1.31
1.31
1.26
Free Cash Flow per Basic Share
0.72
0.16
1.01
0.27
0.22
Dividend per Share
- -
0.03
3.89
0.44
0.56
Book Value per Share
2.61
3.8
4.42
5.29
5.5
Tangible Book Value per Share
2.57
3.73
4.34
5.18
5.38
Basic Weighted Avg Shares
400
400
343
400
401
Sales/Revenue/Turnover
2,017
1,972
2,213
2,506
2,603
Operating Margin (%)
29.76
26.23
24.25
22.54
21.22
Depreciation Expense
75
98
105
126
140
Net Income, GAAP
473
431
451
523
507
Effective Tax Rate (%)
20.08
15.5
15.18
14.78
15.84
Profit Margin (%)
23.45
21.86
20.37
20.87
19.46
Working Capital
127
429
384
852
871
LT Debt
77
48
65
63
63
Total Equity
1,042
1,519
1,770
2,117
2,201
Return on Invested Capital (%)
- -
20.68
18.28
18.29
17.1
Return on Capital (%)
- -
23.4
18.54
18.3
17.26
Return on Common Equity (%)
- -
33.66
27.4
26.91
24.59

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
880
856
876
LT Borrowings
- -
- -
- -
LT Finance Leases
63
64
63
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
4,120
5,240
4,360

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,406
2,460
2,424
Cash, Cash Equivalents & STI
752
916
856
Accounts Receivable, Net
848
761
721
Inventories
613
635
739
Total Current Liabilities
1,553
1,519
1,553
Payables & Accruals
562
551
570
ST Debt
880
856
876
Deferred Revenue
101
103
98

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
19.61%
Free Cash Flow
- -
- -
-68.18%
Net Income, GAAP
- -
- -
16.06%
Sales/Revenue/Turnover
- -
- -
13.26%
Total Cash Common Dividend
- -
- -
-86.83%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
587
518
533
574
2,213
2025
594
530
656
726
2,506
2026
630
591
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.35
0.25
0.26
0.27
1.31
2025
0.3
0.27
0.28
0.45
1.31
2026
0.29
0.24
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.45
2.89
3.89
2025
- -
0.2
0.24
- -
0.44
2026
- -
0.31
- -
- -
- -

Company Description

CEO
Praphon Thanachotphan
Sector
Health technology
Industry
Pharmaceuticals: major
Address
Bangkok Thailand
IPO Date
Oct 22, 2024
Business
T.MAN Pharmaceutical Public Company Limited is a Thailand-based healthcare and pharmaceutical manufacturer and distributor engaged in the research, development, production, and marketing of pharmaceuticals, herbal medicines, dietary supplements, cosmeceuticals, and medical supplies. The company operates through two primary business streams: proprietary brand commercialization and contract manufacturing (OEM/ODM) services for third-party brand owners. Its comprehensive product portfolio encompasses modern ethical and over-the-counter pharmaceuticals, including analgesics, antipyretics, anti-inflammatory agents, antibiotics, respiratory remedies, gastrointestinal medications, antihistamines, and topical antifungal and dermatological treatments sold under established brands such as Propoliz, Myda, and IBUMAN; herbal and traditional medicines, including Andrographis paniculata preparations, botanical cough syrups, and therapeutic balms; dietary supplements and nutraceuticals, featuring multivitamins, minerals, collagen supplements, and targeted immune-support formulations; cosmeceuticals and personal care products, comprising specialized dermatological cleansers, acne solutions, and oral health formulations; and medical devices and clinical supplies, including rapid diagnostic test kits, disinfectants, and healthcare consumables. Through its integrated subsidiaries, including Nova Health Co., Ltd., Nature Science Co., Ltd., and T.Man Trading Co., Ltd., the company delivers turnkey OEM/ODM services spanning formulation research, regulatory compliance, quality control, stability testing, and large-scale manufacturing in compliance with international PIC/S Good Manufacturing Practice (GMP) standards. T.MAN Pharmaceutical serves an extensive distribution network that includes state and private hospital systems, medical clinics, modern trade retailers, national pharmacy chains, independent drugstores, convenience store networks, and online marketplaces, alongside export operations across Southeast Asia and the broader Asia-Pacific region. Founded in 1972 and headquartered in Bangkok, Thailand, the company recently completed its initial public offering on the Stock Exchange of Thailand in October 2024 to finance the construction of advanced solid and liquid dosage production lines, the installation of automated warehouse facilities, the expansion of biotechnology and formulation research laboratories, and the acceleration of international market penetration.