Krungsri Securities estimates that PYLON will post a net profit of 78 million baht in the second quarter of 2026, up 32 percent from a year earlier, with revenue expected at 475 million baht, a 21 percent increase year-on-year, and gross margin rising to 24.8 percent from 24.5 percent in the second quarter of 2025. The research team maintains its full-year 2026 profit forecast at 281 million baht, representing 33 percent growth from the previous year, with the first half expected to account for 55 percent of the full-year estimate. The company currently has a backlog of approximately 1.5 to 1.6 billion baht and secured an additional 200 to 300 million baht in new work from six to seven projects in the past quarter. Meanwhile, the data center market presents foundation and piling work valued at around 40 to 50 billion baht over the next five to seven years, an area where PYLON has already gained experience through several projects. The recommendation remains buy with a target price of 4.50 baht.
Pylon Public Company Limitedearnings growth forecast, margin improvement, and strong backlog
Bank of Ayudhya PCL