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Samart Digital Public Company Limited

Samart Digital Public Company Limited distributes telecommunications and electronics equipment in Thailand through its subsidiaries. It operates in two segments: Digital Network and Digital Content. The company offers digital trunked radio systems, audio-visual network and software systems, mobile antenna services, and information services such as voice, messaging, images, multimedia, and infotainment via mobile phones. It also develops and produces news, information, and entertainment content across media platforms, produces television programs, and operates media, website, and entertainment businesses. Additionally, it provides content services via audiotext and call center, sports information through interactive media, forecasting and astrology activities, and space rental services. Formerly known as Samart I-Mobile Public Company Limited, it changed its name to Samart Digital Public Company Limited in October 2017. Founded in 1995 and based in Nonthaburi, Thailand, it is a subsidiary of Samart Corporation Public Company Limited.

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SAMART Backlog Hits 16 Billion Baht; Broker Sees 730 Million Baht Profit This Year, Target 8.70 Baht

SAMART's backlog has increased to approximately 16 billion baht after TEDA secured a high-voltage power station construction project worth 1.1 billion baht. Meanwhile, broker Yuanta maintains its normal profit forecast for 2026 at 730 million baht and keeps a Buy recommendation with a target price of 8.70 baht. The backlog at the end of Q2/2026 stood at 14.9 billion baht, up 3% from the previous quarter, comprising about 8 billion baht from SAMTEL, 6.7 billion baht from the Utility & Transport group, and 154 million baht from SDC. The company aims to increase its year-end backlog to 20 billion baht, with a total of 10 billion baht worth of projects pending bidding in the second half of the year. It also expects SAV to recover seasonally, while TEDA remains a key growth driver.
SAMART.BK · Demand · Positive Backlog increased to 16 billion baht after securing a 1.1 billion baht power station project, indicating strong demand.
SAMTEL.BK · Demand · Positive Backlog includes about 8 billion baht from SAMTEL, reflecting sustained demand for its services.
SAV.BK · Demand · Positive Expects SAV to recover seasonally, indicating improved demand for aviation solutions.
SDC.BK · Demand · Positive Backlog includes 154 million baht from SDC, showing ongoing demand for its digital services.
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ThailandVietnam
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Samart Group ready to bid on ten billion baht of work, spotlighting AI and clean energy

Samart Group has announced its business push for the second half of the year, preparing to bid on projects worth more than 10 billion baht in total, with the aim of lifting its backlog to 20 billion baht by year-end. It is also promoting future businesses such as Private AI, Cyber Security, Data Center and EV Charger as new growth engines. Mr. Wattachai Wilailak, Executive Vice President of Corporate at Samart Corporation, said second-quarter results for 2026 showed revenue of 2.838 billion baht and net profit of 141 million baht, allowing the company to deliver net profit for eight consecutive quarters. For the first six months, total revenue was about 5.6 billion baht, up 7.2 percent from a year earlier, while net profit was 280 million baht, up nearly 30 percent from 215 million baht a year earlier. The company is targeting revenue of 13 billion baht this year and aims to double both revenue and profit next year. In the second half, it expects to benefit from the formation of the government and accelerated budget disbursement, which should revive public-sector work, especially auctions from September to December worth about 7.5 billion baht for Samart, with projects including subsidiaries exceeding 10 billion baht. The aviation business SAV has clearly recovered since July, with overflight revenue accounting for about 70 percent of aviation revenue, and the Vietnam market representing nearly 40 percent of all overflight flights, growing about 24 percent from a year earlier. Meanwhile, SDC, which has a contract with the Ministry of Interior and is the source of more than 80 percent of SDC's revenue, will see that contract end in November, with clarity on renewal or a new auction expected in December. The company is also preparing to partner with a Chinese ally to install EV chargers, with an official cooperation announcement planned for early next month, and is moving to expand its customer base to the Ministry of Public Health, as well as taking on construction of electrical substations for data center projects through the Provincial Electricity Authority.
SAMART.BK · Demand · Positive Samart Group to bid on projects worth over 10 billion baht, boosting backlog and revenue targets.
SAV.BK · Demand · Positive SAV aviation business recovered since July with overflight revenue up, especially in Vietnam.
SDC.BK · Demand · Neutral SDC's contract with Ministry of Interior ends in November; renewal or new auction uncertain.
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