Phinma

What Phinma does

PHINMA Corporation is a publicly listed Filipino conglomerate (PSE: PHN, founded 1956) operating four diversified business segments: Education, Construction Materials, Property Development, and Hospitality. PHINMA Education Holdings operates the largest private tertiary education network in Southeast Asia with 14 institutions across the Philippines and Indonesia, serving 178,000+ students through a coaching-driven model targeting underserved youth, with reported outcomes including an 89% student retention rate (SY 2024-2025), 84% board passing rate (SY 2023-2024), 88,000+ graduates and 43,000 licensed professionals since 2004. PHINMA Construction Materials Group comprises Union Galvasteel Corporation (steel and roofing, 60+ year brand), Philcement Corporation (cement with a 2 million metric tons/year Davao plant JV with ANFLOCOR coming online in 2026), Union Insulated Panel Corporation (cold-chain insulated panels launching a 1 million sqm/year Porac facility in July 2026), and PHINMA Solar Energy Corporation (58 secured projects under the Green Energy Auction Program).

The company generates revenue through tuition and enrollment fees across the education network (subscription/recurring model), hardware and dealer-distributed sales in construction materials, transaction-based revenue from property development (anchored by the ₱12 billion, 21-hectare Saludad township in Bacolod City in partnership with JEPP Real Estate), and recurring hotel operations through 15 Microtel and TRYP by Wyndham properties under franchise. PHINMA also addresses a stated 6.5-million-unit Philippine housing backlog through PHINMA Community Housing (CoHo), a wholly-owned socialized housing subsidiary with an inaugural Davao project. Recent capital actions include a ₱1 billion stock rights offering (November 2024), a ₱2.52 billion KKR investment and ₱825 million Kaizenvest follow-on into PHINMA Education, two college acquisitions (St. Jude College Dasmariñas for ₱432M in December 2024; Southeastern College in March 2026), and a ₱3.8 billion 2025 capital expenditure budget. For full year 2024, the company reported ₱23.76 billion in consolidated revenues and ₱936.87 million in consolidated net income; Q1 2026 revenues reached ₱5.45 billion with ₱892.28 million in net income.

Name

Phinma

Legal name

PHINMA Corporation

Website

https://phinma.com.ph

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

PHINMA Corporation is a 68-year-old Filipino conglomerate operating Southeast Asia's largest private tertiary education network (178,000+ students across 14 schools), plus construction materials (steel, cement, insulated panels, solar), property development (including the ₱12B Saludad township), and Microtel/TRYP by Wyndham hospitality, serving underserved Filipino consumers and businesses.

Ownership category

akta.pro rank

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices18 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Education Services: PHINMA Education Holdings operates a network of colleges and universities across the Philippines and Indonesia, generating revenue through tuition fees from approximately 178,000 students enrolled across 14 institutions. Revenue is driven by enrollment growth and student retention.
2. Construction Materials: PHINMA Construction Materials Group (Union Galvasteel Corporation, Philcement Corporation, Union Insulated Panel Corporation, PHINMA Solar Energy) generates revenue from selling steel roofing products, cement, insulated panels, and solar energy solutions. Revenue from combined operations was ₱10.50 billion for nine months ended September 2024.
3. Property Development: PHINMA Property Holdings Corporation develops residential townships, lots, and medium-rise condominiums. Revenue is recognized as construction progresses. The flagship project is Saludad, a 21-hectare township in Bacolod City valued at ₱12 billion.
4. Hospitality Services: PHINMA Hospitality operates and franchises Microtel and TRYP by Wyndham hotels across the Philippines. The segment generates revenue from hotel operations including rooms, food, beverage, and event venues.
5. Community Housing: PHINMA Community Housing (CoHo) provides affordable socialized housing for low-income workers, targeting the estimated 6.5-million housing backlog in the Philippines.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

PHINMA Corporation is a diversified Filipino conglomerate operating in four segments: Education (PHINMA Education Holdings operating 14 schools with ~178,000 students), Construction Materials (Union Galvasteel for steel, Philcement for cement, Union Insulated Panel Corporation, and PHINMA Solar Energy), Property Development (PHINMA Properties with Saludad Township and PHINMA Community Housing), and Hospitality (Microtel by Wyndham and TRYP by Wyndham hotels). The group focuses on providing accessible, affordable products and services across Southeast Asia with a social-mission orientation.

Product overview

PHINMA Corporation is a Filipino conglomerate operating a diversified portfolio of businesses in four main segments: Education, Construction Materials, Property Development, and Hospitality. In Education, PHINMA Education Holdings operates the largest private tertiary education network in Southeast Asia through 14 schools across the Philippines and Indonesia, serving underserved youth with accessible, affordable education. The Construction Materials Group comprises Union Galvasteel Corporation (steel/roofing), Philcement Corporation (cement), Union Insulated Panel Corporation (insulated panels for cold storage), and PHINMA Solar Energy Corporation (solar solutions). Property Development includes PHINMA Property Holdings Corporation developing regional townships and communities, plus PHINMA Community Housing addressing affordable housing. Hospitality operates Microtel and TRYP by Wyndham hotel brands across the Philippines through PHINMA Hospitality, Inc.

Differentiator

Problem solved

Functional benefit

Brands

• PHINMA Education: Education network providing affordable tertiary education to underserved youth, operating colleges and universities across the Philippines and Indonesia
• PHINMA Properties
• PHINMA Hospitality
• PHINMA Construction Materials Group
• Union Galvasteel
• Union Insulated Panels
• Union Cement
• Saludad
• PHINMA CoHo
• PHINMA Community Housing

Products and services

• PHINMA Education Holdings

Quantifiable outcome

• 88,000+ graduates and 43,000 licensed professionals produced since 2004
• +6 more outcomes

Named customers15 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered minor and core.

• Damosa Land Inc. (ANFLOCOR Group)minorStrategic or Co-development Partner · 1 January 2026PHINMA Hospitality reinforced partnership with Damosa Land Inc. during groundbreaking of TRYP by Wyndham Samal, its first venture into the condotel market. Partnership expands PHINMA Hospitality's footprint in Davao region.
• JEPP Real Estate Co.coreStrategic or Co-development Partner · 19 October 2024PHINMA Properties partnered with JEPP Real Estate Co. (of the Jacinto, Echaus, and Puentevella families) for the Saludad township development in Bacolod City. Partnership combines PHINMA's business ecosystem with local expertise for the P12-billion, 21-hectare mixed-use master-planned development.
• ANFLOCOR (Anflo Group)coreStrategic or Co-development Partner · 5 June 2024PHINMA subsidiary Philcement Corp. signed joint venture agreements with ANFLOCOR to build a modern cement manufacturing plant in Davao del Norte. Philcement Mindanao Corp. (70% owned by Philcement) will run the facility; ANFLOCOR owns 30%. Partnership with Anflo Group (present in Davao since 1950s) guarantees quality cement supply for Mindanao development. DICT (Mindanao's most modern port terminal) also party to agreements.
• Sumitomo Osaka Cement CorporationcoreStrategic or Co-development Partner · 1 January 2024Sumitomo Osaka Cement made an equity investment in Philcement Corp., reflecting confidence in the industry's long-term fundamentals. PHINMA shares deep-rooted relationship with Sumitomo Osaka Cement anchored on technical expertise and support for Philippine cement manufacturing industry development.
• Wyndham Hotels & ResortscoreChannel Partner/ Reseller/ Distributor · 1 January 2024PHINMA Hospitality operates Microtel by Wyndham and TRYP by Wyndham hotels under franchise agreements. PHINMA Microtel Hotels Inc. is the master franchisor of Microtel and TRYP hotels in the Philippines. 15 hotels across the country under the franchise.
• Petra Cement Inc.minorStrategic or Co-development Partner · 1 January 2024Philcement concluded talks for acquisition of Petra Cement Inc. through its 70% owned subsidiary Philcement Mindanao Corp.
• Global Schools ForumminorStrategic or Co-development Partner · 27 January 2023PHINMA facilitated Private Education Towards Nation Building policy forum with Global Schools Forum Programme Director Kavita Rajagopalan. Forum encouraged discussion on how private tertiary education institutions could complement public education in addressing educational crisis.
• Asian Development Bank (ADB)minorStrategic or Co-development Partner · 27 January 2023ADB Education Specialist Meekyung Shin participated in PHINMA policy forum discussing role of private education in improving access, quality and relevance of higher education in developing countries.
• Department of Trade and Industry (DTI)minorStrategic or Co-development Partner · 9 November 2020Joint statement between DTI and PHINMA Group affirming commitment to provide quality construction products at fair prices. DTI and PHINMA committed to work together for consumer welfare, especially during COVID-19 pandemic and typhoon relief efforts.
• PLDT EnterprisecoreStrategic or Co-development Partner · 5 August 2020PHINMA Education partnered with PLDT Enterprise to provide mobile data and access to learning platforms to students across PHINMA schools. PLDT provides SMART Giga Study data plans offering Microsoft 365 and G Suite by Google access. Free SMS Messaging Suite and Smart WiFi access points deployed for PHINMA Education students. Partnership enables flexible learning during pandemic and beyond.
• PT Ind Phil ManagementminorStrategic or Co-development Partner · 1 February 2019PHINMA Education entered joint venture with Indonesian educational institution to establish PT Ind Phil Management managing tertiary schools in Indonesia. First school is STIKES Kharisma in Karawang, West Java, known for nursing and IT programs.

Scale indicators38 records

Recent moves6 records

Expansion highlights7 records

Broad incumbents

• YTL Corporation Berhad: Malaysian conglomerate with cement, construction, hospitality, and education businesses. Closest regional analog to PHINMA's four-segment structure including a construction materials base and tertiary education exposure.
• Ayala Corporation: Largest Philippine conglomerate with overlapping exposures in real estate (Ayala Land), education (Ateneo de Manila through family foundations), hospitality, and infrastructure. Provides a benchmark for diversified Philippine holding-company valuation and strategy.
• SM Investments Corporation: Diversified Philippine conglomerate spanning retail, banking (BPI), property (SM Prime), and education. Comparable scale and breadth to PHINMA, with similar mission of building Philippine middle-class consumption and infrastructure.
• Sunway Group: Malaysian conglomerate operating integrated township developments (Sunway City), hospitality, construction materials, and education (Sunway University). Highly analogous to PHINMA's Saludad integrated-community model.

Direct peers

• Holcim Philippines, Inc. Major Philippine cement manufacturer directly competing with Philcement. Comparable customer base (construction companies, developers, government infrastructure) and similar exposure to Philippine construction cycles.
• iPeople, Inc. (House of Investments/Yuchengco): Philippine education holding company operating Mapúa University, Malayan Colleges, and other tertiary institutions. Closely comparable private tertiary network serving Filipino students with similar tuition-based economics.
• STI Education Systems Holdings, Inc. Philippine-listed tertiary education network operating multiple STI colleges across the Philippines. Directly competes with PHINMA Education for affordable tuition students in similar urban and provincial markets.
• Eagle Cement Corporation: Philippine-listed cement producer competing directly with Philcement's Mariveles and upcoming Davao facilities. Closely comparable in product mix, geography, and customer segment.
• Ayala Land, Inc. Largest Philippine property developer with integrated township model. Directly comparable to PHINMA Properties' Saludad master-planned development approach and similar focus on provincial/city development outside Metro Manila.

Emerging players

• Genting Group: Malaysian diversified conglomerate with hospitality, property, and education exposure. Comparable scale and integrated real estate/hospitality playbook across Southeast Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PHINMAofficial
• Facebookfacebook.com/phinmaofficial
• Instagraminstagram.com/phinmaofficial
• LinkedInlinkedin.com/company/phinmaofficial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Phinma