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Index International Group Public Company Limited

IND.BKTHB
0.8800-20.1%1Y · THB

Index International Group Public Company Limited is an engineering consultancy based in Pathum Thani, Thailand, founded in 1983. It offers project planning, city and district planning, architectural design including landscaping, and engineering design across structural, electrical, mechanical, transportation, sanitary, geotechnical, environmental, and water resources disciplines. The company also provides master planning, feasibility analysis, design and engineering services for construction and contract bidding, project management and construction supervision, design and build services, and consulting for LEED certification.

Price · split & dividend adjusted
News & notes moving IND.BK
Thailand
IND.BK▲

SUPER to sell 2 billion baht of bonds at 5.55-5.90% interest in early October

Super Energy Corporation, or SUPER, is preparing to offer a new series of bonds worth 2 billion baht between October 6 and 8, 2026, offering interest rates of 5.55-5.90%, with interest paid every three months throughout the life of the bonds. The company has a track record of paying interest and repaying principal in full and on time every time. Meanwhile, big boss Jomthap Lojaya is pressing ahead with expanding the business, generating revenue and driving steady growth. Separately, Index International Group, or IND, is awaiting good news from Dr. Pornlapas Na Lamphun, who is about to secure a new project, and expects that in the final stretch of 2026 its performance will be bright thanks to a backlog of nearly 2 billion baht awaiting revenue recognition. Meanwhile, Advice IT Infinite, or ADVICE, through Sarun Panha, Chief Sales Officer, has announced its readiness to attack the IT market in the second half of 2026 after first-half results exceeded the targets set. And Phat Group, or PHAT, through CEO Somnuek Chanthawong, stated that its business in the second half of 2026 is likely to recover, driven by an expected increase in palm output and an expansion of crude palm oil extraction capacity by another 50% to 90 tons of fresh palm fruit per hour, or about 2,100 tons per day, starting from the third quarter of 2026. The company has set a 2026 revenue target of 3,000-3,500 million baht, growing 35-40% from the previous year.
SUPER.BK · Capital · Positive SUPER is offering 2 billion baht of new bonds at 5.55-5.90% interest in early October.
Phatra Group Public Company Limited · Supply · Positive PHAT expects H2 2026 recovery driven by higher palm output and a 50% expansion of crude palm oil extraction capacity.
ADVICE.BK · Demand · Positive ADVICE announced readiness to attack the IT market in H2 2026 after first-half results exceeded targets.
IND.BK · Demand · Positive IND awaits a new project and expects bright late-2026 performance from a nearly 2 billion baht backlog.
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Thailand
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IND poised to win new projects, pushing backlog to nearly 2 billion baht, brightening Q4 outlook

Index International Group Public Company Limited, or IND, has signalled a positive outlook for its operating performance in the final stretch of 2026 after it stands a chance of securing additional new project work to bolster its portfolio. At present, the company has work in hand awaiting revenue recognition, or backlog, at a level of nearly 2,000 million baht. This backlog will gradually be recognised as revenue in line with the progress of each project, which will be a key factor supporting earnings in the fourth quarter of 2026 and sustaining revenue continuity into the next period. At the same time, the company under the management of Dr. Pornlapas Na Lamphun continues to pursue opportunities to take part in bids and negotiate new projects on an ongoing basis, in order to increase the value of its work in hand and build on its revenue base in the future. As for the direction over the remainder of the year, the company has supporting factors from the gradual delivery of work according to plan, together with the opportunity to take on additional new work. If it can close deals as targeted, this will strengthen its backlog and support earnings growth going forward. Overall, IND therefore looks set to enter the late-year period with a relatively clear revenue base, thanks to its high level of work in hand, and it still has the opportunity to add new projects to its portfolio, leaving its earnings outlook for the fourth quarter of 2026 on a continuously bright trajectory.
IND.BK · Demand · Positive IND has a backlog of nearly 2 billion baht and is pursuing bids/negotiations for additional new projects, supporting Q4 2026 revenue.
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Thailand
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IND Backlog at 1.9 Billion Baht, Pursuing New S-Curve

Index International Group Public Company Limited, or IND, has a backlog awaiting revenue recognition of more than 1.9 billion baht and is preparing to expand into new businesses for long-term growth. Chief Executive Officer Dr. Pornlapas Na Lamphun said results for the first six months of 2026 showed net profit of 13.33 million baht and service revenue of 413.31 million baht. In the second half of the year, the company will focus on tight cost risk management and set aside contingency reserves for every project. The company also plans to provide design and consulting services for LEED green building certification, as well as study investment in clean energy businesses, a new S-Curve to strengthen its revenue base for stability and sustainability.
IND.BK · Demand · Positive Backlog of 1.9 billion baht awaiting revenue recognition indicates strong future demand for services.
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IND inspects progress of U-Tapao Airport fuel system project worth 2.12 billion baht

Dr. Chainarong Na Lamphun, Chairman of the Executive Board of Index International Group Public Company Limited, or IND, together with the management team, visited the site to follow up on the progress of the design and construction project for the aviation fuel service system at U-Tapao Airport. IND was awarded the contract by Global Aero Associates Company Limited, or GAA, with a total value of 2.1186 billion baht.
IND.BK · Demand · Positive IND was awarded a 2.12 billion baht contract for the U-Tapao Airport fuel system project.
Global Aero Associates Company Limited · Demand · Positive GAA awarded the contract to IND, indicating progress on its project.
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