The group of companies operates in the real estate development business, focusing on condominium developments in Phuket under the brand "The Title," as well as providing property management and hospitality services.
| 3M26 | 3M25 | 2025 | 2024 |
|---|
| Revenues | 548.84 | 178.54 | 2,994.19 | 1,296.66 |
| Expenses | 472.11 | 204.54 | 2,195.09 | 1,142.12 |
| Net Profit (Loss) | 42.21 | -30.77 | 591.09 | 91.23 |
| Assets | 20,392.03 | 11,018.92 | 16,825.38 | 8,852.63 |
| Liabilities | 18,262.82 | 9,762.81 | 14,737.75 | 7,715.17 |
| Shareholders' Equity | 1,932.52 | 1,106.66 | 1,890.31 | 1,137.43 |
| Operating | -708.16 | 39.05 | -937.08 | 1,506.70 |
| Investing | -764.71 | -124.38 | -742.90 | -2,515.66 |
| Financing | 1,415.50 | 638.82 | 2,024.07 | 578.43 |
| EPS (Baht) | 0.05 | -0.04 | 0.76 | 0.12 |
| GP Margin (%) | 55.74 | 40.93 | 54.01 | 41.64 |
| NP Margin (%) | 7.58 | -17.55 | 19.65 | 7.04 |
| D/E Ratio (x) | 8.58 | 7.77 | 7.06 | 6.78 |
| ROE (%) | 43.70 | 10.27 | 39.04 | 9.24 |
| ROA (%) | 5.65 | 2.00 | 6.13 | 2.39 |
The company plans to attract clients who are looking for alternative real estate in Phuket. The market focuses on global tourists, which are the company's main target.
Real estate and quality product development under the principles of corporate governance.
- In 2026, the group of companies will have 17 projects These include residential condominium projects such as The Halo 1 Naiyang, The Title Legendary Bang-Tao, The Title Heritage Bang-Tao, The Title Serenity Naiyang, The Title Cielo Rawai, The Modeva Bang-Tao, The Katabello, Adora Rawia, Vivi Bangtao, The Title Sierra Bang-Tao, Coralina Kamala, The Balcony Naiyang, and Biancana Surin, as well as luxury villa projects such as The Tile Estella Naiyang, The Title Kirara Cherngtalay, and Casa De Monte Koh Kaew, with a total project value of 48,003 million baht.
In the quarter 1 of 2026, the Group had total revenue of 546.19 million baht and a net profit for the quarter 1 of 2026 of 41.57 million baht, primarily driven by the transfer of ownership of The Title Legendary Bang-Tao condominium units and revenue from property management services.
In 2023-2025, Launching the residential condominium project was The Title Legendary Bang-Tao with 637 units ;The Title Heritage Bang-Tao with 789 units; The Title Serenity Naiyang with 814 units; The Title Cielo Rawai with 171 units; The Modeva Bang-Tao with 859 units; The Katabello with 760 units ; Adora Rawai with 210 units ; Vivi Bang-Tao with 181 units ; Coralina Kamala with 569 units ; The Title Sierra Bang-Tao with 452 units ; The Balcony Naiyang with 542 units and launching luxury villa project was Villa Estella Naiyang with 26 units and Villa Kirara Cherngtalay with 37 units.In 2026, the Group launched residential condominium projects, including Biancana Surin, and luxury villa projects, including Casa De Monte Koh Kaew Villa (37 units) and Shophouses (29 units). The total value of these projects, including those completed and beginning to recognize revenue, those under construction, and those for sale, totaled 48,003 million baht (6,785 units).The Group has established a subsidiary to provide property management services, including a juristic person team to manage the project.Furthermore, the Group has expanded its operations by opening a community mall, Mingle Mall in Nai Yang, and is preparing to expand its hotel and hospitality businesses for stable and sustainable growth.
Due to the company's business plan focusing on the development of condominium-type real estate with the target group being foreigners, the company has set a policy for customers to pay the contract and down payment to the company 75% before transferring ownership to avoid the impact of the customer's failure. can transfer according to the contract
- In 2023, the company received the award for Best Condo Development (Phuket) Property Guru Thailand 2023
- In 2024 ,the company received the award for the Best Condo Development (Phuket) Property Guru Thailand 2024, Winner in the Best Luxury Condo Architectural Design (Phuket) category from The Title Serenity Naiyang project, Best Luxury Condo Interior Design (Phuket) from The Title Heritage Bang-Tao project, Best Leisure Facilities Development from The Title Legendary Bang-Tao project.
| as of 31/03/26 | TITLE | PROP | SET |
|---|---|---|---|
| P/E (X) | 10.19 | 14.78 | 16.56 |
| P/BV (X) | 3.19 | 0.80 | 1.36 |
| Dividend yield (%) | 5.19 | 4.77 | 4.41 |
| 31/03/26 | 30/12/25 | 30/12/24 | |
|---|---|---|---|
| Market Cap (MB) | 6,021.83 | 4,144.89 | 3,112.58 |
| Price (B/Share) | 7.70 | 5.30 | 3.98 |
| P/E (X) | 10.19 | 11.49 | - |
| P/BV (X) | 3.19 | 3.00 | 2.93 |
