Precise
Precise Corporation Public Company Limited (PCC) is a Thai-listed holding company that manufactures power distribution equipment, smart grid systems, and renewable energy assets, primarily serving Thailand's state-owned utilities MEA, PEA, and EGAT through competitive bidding and EPC contracts.
- Company typePublic
- Founded2022
- HeadquartersBang Sue, Thailand
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Precise does
Precise Corporation Public Company Limited (PCC) is a Thai holding company listed on the Stock Exchange of Thailand under ticker PCC since October 2022, operating five business lines across power distribution equipment, intelligent grid solutions, renewable energy, bamboo-based products, and digital/AI/automation services. The company employs 833 people across 15 subsidiaries and 6 operational locations, with its primary customers being Thailand's three state-owned electricity utilities — the Metropolitan Electricity Authority (MEA), Provincial Electricity Authority (PEA), and Electricity Generating Authority of Thailand (EGAT) — plus Electricite du Cambodge in Cambodia. Commercial activity runs primarily through enterprise field sales and competitive bidding on government e-procurement platforms.
The company's core offerings include power transformers, switchgear enclosures, smart meters (including Bluetooth-enabled TOU meters), substation control and protection systems, and IoT-enabled grid equipment. Manufacturing targets 1,080 MVA per year of transformer capacity across facilities in Thailand and Cambodia (operational from Q1 2023). Renewable energy assets include minority and majority stakes in the Songkhla Biomass and Songkhla BioPower plants with 18.2 MW combined contracted capacity. Technology is sourced primarily through partnerships with Huawei, Schneider Electric, Hitachi, ABB, Hyundai, and NR Electric rather than through proprietary patents or in-house R&D.
PCC's revenue model is dominated by hardware sales and EPC construction services, with smaller recurring subscription revenue from digital/automation solutions. FY2024 revenue was THB 5,563 million (approximately USD 158 million), up 20.3% year-over-year, with Q1 2026 revenue of THB 1,033 million and a backlog exceeding THB 4 billion. Net profit reached THB 400.94 million in 2025 on a 10.37% margin, up from 6.84% in 2024. Notable recent contracts include a THB 603.17 million MEA order for 659 CSP transformers and a THB 281.5 million PEA substation project, while forward growth bets center on EV charging (PEA VOLTA sub-brand), distributed solar trading via an ERC MoU, and ASEAN expansion through the Cambodia subsidiary.
Precise firmographics
Firmographics- Name
- Precise
- Legal name
- บริษัท พรีไซซ คอร์ปอเรชั่น จำกัด (มหาชน)
- Website
- https://precise.co.th
- Company type
- Public
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Precise Corporation Public Company Limited (PCC) is a Thai-listed holding company that manufactures power distribution equipment, smart grid systems, and renewable energy assets, primarily serving Thailand's state-owned utilities MEA, PEA, and EGAT through competitive bidding and EPC contracts.
- Ownership category
- akta.pro rank
Precise industry classification
Industry- Product category
- Power Distribution Equipment
- NAICS
- Electrical Equipment Manufacturing (33531), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)
Keywords
Where Precise is headquartered
LocationHeadquarters
- HQ city
- Bang Sue
- HQ country
- Thailand
- HQ region
- Asia
Offices2 records
Markets served
Precise business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Power Distribution & Energy Management: Manufacturing and distribution of power distribution equipment including transformers, switchgear enclosures, control panels, and related electrical infrastructure products sold primarily to government utilities and industrial customers
- Intelligent Grid: Design, supply, and installation of intelligent electricity control systems, smart meters (TOU meters), protection and control systems for substations, and grid automation solutions
- Construction Services: EPC contractor services for construction of high voltage substations and transmission lines for EGAT, MEA, and PEA
- Renewable Energy: Power generation from biomass power plants (Songkhla BioMass and Songkhla BioPower) with combined contracted capacity of 18.2 MW
- Digital, AI & Automation Solutions: Digital transformation and automation solutions for industrial and energy sector customers including Factory 4.0 projects
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Precise product offering
Product offeringCore offering
Precise Corporation Public Company Limited (PCC) operates as a Thai holding company manufacturing power distribution equipment including transformers, switchgear enclosures, and control panels, while also delivering intelligent grid solutions (smart meters, substation protection systems), EPC construction services for high-voltage substations and transmission lines, and operating biomass renewable energy plants. The company primarily serves Thai state-owned electricity utilities (MEA, PEA, EGAT) and industrial customers across Thailand and Cambodia.
Product overview
Precise Corporation Public Company Limited (PCC) operates as a Holding Company with five distinct business lines managed through subsidiary companies. The portfolio consists of: (1) Power Distribution & Energy Management — manufacturing and distribution of transformers, distribution enclosures, switchgear, and control equipment; (2) Intelligent Grid — smart meters (including Bluetooth-enabled TOU meters), substation protection and control systems, and outage management systems; (3) Renewable Energy — biomass power plant investments; (4) Bamboo-Based Innovative Products — bamboo supply chain and innovative product development; and (5) Digital, AI & Automation Solutions — digital transformation, automation, ESG, and Factory 4.0 solutions. The company also acts as an EPC contractor for high-voltage substations and transmission lines, serving utilities including PEA, MEA, and EGAT.
Differentiator
Problem solved
Functional benefit
Brands
- PEA VOLTA: EV charging station brand operated in partnership with Provincial Electricity Authority (PEA)
Products and services
- Power Distribution & Energy Management
- Intelligent Grid
- Renewable Energy
- Bamboo-Based Innovative Products
- Digital, AI & Automation Solutions
- EPC Construction Services
- PEA VOLTA EV Charging Stations
Quantifiable outcome
- Revenue growth of 20.3% in FY2024 to THB 5,563 million
- +3 more outcomes
Companies that use Precise
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Precise technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Precise partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- Office of the Energy Regulatory Commission (Thailand)coreMoU signing for solar power trading within the Precise Business Group through MEA's distribution system. Collaboration on regulatory framework for distributed solar energy deployment.
- Digitalization and Automation Solution Innovative ClustercoreMoU partnership for the creation of digitalization and automation solution innovative cluster, coordinating industry players for comprehensive digital transformation solutions.
- Huawei Technologies (Thailand)coreStrategic partnership for developing smart grid and intelligent energy solutions. PCC and Huawei collaborate on digitalization solutions for the power grid, integrating advanced technologies into PCC's product and service offerings for the Thai and regional markets.
- Schneider ElectriccoreTechnology partnership for power distribution and automation solutions. Schneider provides technology components and solutions integrated into PCC's manufacturing and system offerings.
- Hitachi (Japan)coreTechnology partnership for power equipment and smart grid solutions with Hitachi's Japanese operations.
- Hitachi (Indonesia)coreRegional technology partnership extending to Indonesian market collaboration for power solutions.
- ABBcoreStrategic technology partnership for automation, electrification, and digitalization solutions in power distribution.
Scale indicators11 records
Recent moves7 records
Expansion highlights7 records
Precise competitors and assessment
Company assessmentBroad incumbents
- Schneider Electric: Global leader in electrical distribution, automation, and smart-grid solutions. A core technology partner of PCC and the dominant incumbent whose offerings overlap across transformers, switchgear, and grid management — directly comparable in product breadth and customer type.
- ABB: Multinational offering electrification, motion, and automation solutions including transformers and grid-automation systems. PCC is a regional partner/customer of ABB's technology, making ABB the closest large-cap peer in product portfolio and customer overlap.
- Hitachi Energy: Hitachi's grid and power-infrastructure unit producing transformers, substations, and grid-automation systems. Directly comparable to PCC's EPC and equipment offering, and a current technology partner with presence in Thailand.
- Eaton Corporation: US-listed power management company with electrical components, power distribution, and industrial control products. Comparable in core product categories (transformers, switchgear, power quality) and customer overlap in utility/industrial segments.
- Hubbell Incorporated: Manufacturer of electrical products including transformers and distribution equipment for utility and industrial customers. Comparable in product scope (distribution transformers, switchgear) and end-market exposure (utilities).
- Siemens Energy: Global energy technology company providing transmission equipment, grid technologies, and power distribution solutions. Comparable in EPC scope for substations and transmission lines, and competes for large utility tenders in Southeast Asia.
Direct peers
- Powell Industries: Specialized manufacturer of power distribution equipment, switchgear, and integrated power modules for utility and industrial customers. Closest mid-cap US-listed peer to PCC's core power distribution and substation EPC business.
- Premier Technology Public Company Limited: Thai-listed peer providing electrical infrastructure, transformers, and energy-management solutions to industrial and utility customers across Thailand. Direct domestic competitor in transformers, switchgear, and EPC for substations.
- K.E. Group (Khon Kaen Engineering): Thai-listed engineering contractor and transformer manufacturer serving PEA/MEA/EGAT projects. Most directly comparable Thai peer in transformer manufacturing and substation EPC, competing for the same government tenders.
Regional players
- Charoong Thai Wire & Cable: Thai-listed manufacturer of power cables and electrical products serving utility and industrial customers. Adjacent Thai peer with overlapping customer base in MEA/PEA procurement, though focused on cabling rather than transformers/EPC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Precise social profiles
Digital presencePrecise financial estimates
Financial estimateRevenue estimate
Valuation estimate
Precise leadership team
Management profileNumber of profiles
Profiles3 records
Precise subsidiaries and ownership
Company hierarchySubsidiaries5 records
Precise funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Precise M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Precise
What does Precise do?
Precise Corporation Public Company Limited (PCC) operates as a Thai holding company manufacturing power distribution equipment including transformers, switchgear enclosures, and control panels, while also delivering intelligent grid solutions (smart meters, substation protection systems), EPC construction services for high-voltage substations and transmission lines, and operating biomass renewable energy plants. The company primarily serves Thai state-owned electricity utilities (MEA, PEA, EGAT) and industrial customers across Thailand and Cambodia.
Is Precise a public or private company?
Precise is a public company. It is classified as public and is currently operating.
When was Precise founded?
Precise was founded in 2022. It employs 101 to 250 people.
Where is Precise based?
Precise is headquartered in Bang Sue, Thailand, in the Asia region.
How does Precise make money?
Five revenue lines are on record. Power Distribution & Energy Management is the primary driver. The others are intelligent Grid, construction Services, renewable Energy and digital, AI & Automation Solutions.
Who are Precise's main competitors?
Broad incumbents on record are Schneider Electric, ABB, Hitachi Energy, Eaton Corporation, Hubbell Incorporated and Siemens Energy. Direct peers are Powell Industries, Premier Technology Public Company Limited and K.E. Group (Khon Kaen Engineering). Charoong Thai Wire & Cable is listed as a regional player.
Does Precise have an API?
No public API is recorded for Precise.
What industry is Precise in?
Precise's product category is Power Distribution Equipment. Its primary akta.pro industry code is EUAEAAAM, Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls). Its NAICS code is 33531 and its SIC code is 3600.