PIS Signals Strong Second-Half 2026 Outlook with THB 6.1 Billion Backlog and 10–15% Revenue Growth Target

PIS Signals Strong Second-Half 2026 Outlook with THB 6.1 Billion Backlog and 10–15% Revenue Growth Target

Pro Inside Public Company Limited (PIS) expects its business momentum to remain strong throughout the second half of 2026, supported by the gradual revenue recognition of government and state enterprise projects. With a solid backlog of THB 6.096 billion scheduled for recognition over the next three to four years, the company continues to pursue new project opportunities while expanding into Cloud, AI, ERP, and Smart Grid technologies. These initiatives are expected to support its 2026 revenue growth target of 10–15%.

Miss Benyapa Chalermwat, Chief Executive Officer of Pro Inside Public Company Limited (PIS), stated that the company’s operating performance is expected to remain positive in the second half of 2026. Key growth drivers include the gradual recognition of revenue from large-scale government and state enterprise projects currently under implementation, the scheduled delivery of project milestones, and effective cost management.

The company will also continue participating in new project tenders in line with its business plan.

PIS currently has a backlog of more than THB 6.096 billion, comprising projects already awarded and awaiting future revenue recognition. The backlog consists of:

  • Application Solutions: 58%
  • IT Integration Services: 31%
  • Physical Security: 11%

Revenue from these projects is expected to be recognized progressively over the next three to four years.

As part of its business strategy, PIS is expanding its customer base into new market segments while developing solutions that address evolving customer needs. These include Cloud-based Data Management, Artificial Intelligence, Enterprise Resource Planning (ERP), and IT Outsourcing services.

The company is also continuously enhancing its service capabilities and developing employee skills to support its 2026 growth target of 10–15%.

In addition, PIS continues to explore opportunities arising from government policies that promote greater efficiency through digital transformation. The company is also preparing to capitalize on the energy transition through Smart Grid initiatives, including smart meters, intelligent power transmission systems, and solutions supporting rooftop solar installations.

PIS also sees strong potential in comprehensive Digital Banking Solutions and expects to participate in related project tenders in the future.

“The business outlook for the second half of the year remains positive, supported by the gradual recognition of project revenue and our ability to deliver projects according to schedule. We are therefore confident that the company will achieve its growth target for 2026.

“At the same time, we remain committed to investing in solution development and workforce capabilities to extend PIS’s expertise into new business opportunities. We will continue identifying potential New S-Curves that can complement our core businesses and support sustainable long-term growth,” Ms. Benyapa said.

Most recently, PIS acquired a 50% equity stake in Energy Max Company Limited, a Thailand-based manufacturer, assembler, and distributor of electronic electricity meters and intelligent energy management systems.

This investment represents a strategic opportunity for PIS to extend its business capabilities, strengthen its competitiveness in future project tenders, and create a new growth engine for the company.

For the first half of 2026, PIS recorded a net profit of THB 164 million, an increase of THB 12 million or 8% from THB 152 million in the same period last year.

Total revenue amounted to THB 1.531 billion, increasing by THB 92 million or 6% from THB 1.439 billion in the corresponding period of the previous year.

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