Tidlor Holdings Reports Strong Growth in Q2 2025

Strategic Insights -

Tidlor Holdings has announced strong, quality-driven growth for the second quarter of 2025, driven by the expansion of its low-risk insurance brokerage business and effective cost and credit quality management in its lending operations. Miss Cholthicha Thongthai, Chief Financial Officer (CFO), reported a net profit of 1,304.4 million baht in Q2/2025, reflecting a 19.5% year-on-year (YoY) and 8.2% quarter-on-quarter (QoQ) increase. The Company's total revenue reached 5,755.4 million baht, marking a 5.3% YoY increase, while the outstanding loan portfolio continued its steady climb, with total outstanding loans at the end of Q2/2025 standing at 105,905.5 million baht.

Key Takeaways:

  • Net profit reached 1,304.4 million baht in Q2/2025, a 19.5% YoY and 8.2% QoQ increase, the Company's highest quarterly profit to date.
  • Total revenue reached 5,755.4 million baht, a 5.3% YoY increase.
  • The outstanding loan portfolio stood at 105,905.5 million baht, representing 2.8% YoY and 1.1% QoQ growth.
  • Non-performing loans (NPLs) remained stable at 1.78%, supported by improved credit underwriting, active debt collection strategies, and robust risk management.
  • Credit cost dropped to 2.6%, down from 3.6% in the same quarter last year, while the NPL coverage ratio remained high at 262.4%.
  • The Company's insurance brokerage business saw non-life insurance premiums reach 2,569.1 million baht in Q2/2025, a 11.4% YoY increase.
  • Tidlor Holdings launched a Balance Transfer programme in Q2/2025 to assist retail borrowers with a good repayment history and high monthly debt burdens, which has demonstrated measurable impact, with participating customers reducing their monthly debt payments by more than half on average.
  • The programme allows customers to consolidate their obligations under a single vehicle title loan with Ngern Tidlor, reducing monthly payments and extending repayment terms.

Statistics:

  • Total outstanding loans: 105,905.5 million baht
  • Non-performing loans (NPLs): 1.78%
  • Credit cost: 2.6% (down from 3.6% in Q2 2024)
  • NPL coverage ratio: 262.4%
  • Non-life insurance premiums: 2,569.1 million baht (a 11.4% YoY increase)
  • Number of loan customers: up 9% YoY
  • Loan portfolio growth: 2.8% YoY and 1.1% QoQ

Sources:

  • Tidlor Holdings Public Company Limited
  • "Tidlor Holdings Reports Strong Growth in Q2 2025"
  • Cholthicha Thongthai, Chief Financial Officer (CFO)
  • Athitaya Phoonwathu, Chief Insurance Officer
  • Piyasak Ukritnukun, Managing Director
  • Ngern Tidlor