1. Turkey Stocks

  2. •

    Consumer non-durables

  3. •

    Food: specialty/candy
Besler Gida Ve Kimya Sanayi Ve Ticaret AS

Besler Gida Ve Kimya Sanayi Ve Ticaret AS

BBIST:BESLR
9.79
TRY
-0.20
(-2.00%)
1.52EPS
7.38P/E
9.16BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.55
3.15
3.15
10.97
11.29
3.79
3.77
4.62
7.35
36.63
41.24
49.43
49.08
55.3
Basic EPS, GAAP
-0.42
-0.22
-0.7
-0.19
0.25
-0.05
0.21
0.63
-0.06
2.03
1.27
2.99
0.79
1.87
Free Cash Flow per Basic Share
-0.11
-0.22
-0.09
-0.32
0.76
0.44
0.52
0.2
0.12
0.48
-0.26
3.72
-2.66
-0.61
Dividend per Share
- -
- -
- -
0.01
0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.21
-0.29
1.57
1.67
0.9
0.91
1.14
1.82
6.3
10.38
15.12
23.35
25.24
30.08
Tangible Book Value per Share
-0.22
-0.31
1.56
1.65
0.89
0.89
1.12
1.79
6.11
10.15
14.61
22.77
24.57
29.27
Basic Weighted Avg Shares
104
104
121
173
213
639
662
662
662
662
662
662
662
662
Sales/Revenue/Turnover
264
327
383
1,898
2,406
2,422
2,493
3,056
4,865
24,248
27,298
32,725
32,494
36,608
Operating Margin (%)
3.66
1.46
3.49
5.63
5.2
11.76
13.42
13.87
10.89
8.39
7.78
9.96
10.86
11.93
Depreciation Expense
15
22
41
65
39
45
50
52
59
443
643
721
750
792
Net Income, GAAP
-44
-23
-85
-33
54
-35
138
416
-40
1,342
843
1,978
524
1,241
Effective Tax Rate (%)
- -
- -
- -
- -
30.74
- -
22.67
21.88
2,839.33
30.6
- -
37.69
42.59
21.95
Profit Margin (%)
-16.53
-6.98
-22.25
-1.76
2.24
-1.43
5.53
13.6
-0.82
5.54
3.09
6.04
1.61
3.39
Working Capital
-145
-143
-99
-211
170
1,060
913
1,255
1,681
3,356
2,792
5,950
6,444
6,985
LT Debt
52
156
255
39
400
- -
3
30
324
209
682
1,315
1,446
750
Total Equity
-21
-31
363
401
760
782
966
1,448
4,806
7,384
10,520
16,317
17,494
20,957
Return on Invested Capital (%)
- -
- -
- -
- -
3.62
- -
21.97
18.93
-178.72
7.5
- -
6.2
4.24
7.94
Return on Capital (%)
- -
- -
- -
- -
5.61
- -
21.61
31.86
-113.66
20.13
- -
17.15
8.65
14.61
Return on Common Equity (%)
- -
- -
- -
-11.92
12.21
-5.79
20.32
42.37
-1.49
24.31
9.99
15.53
3.26
7.38

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
8,424
8,324
9,734
LT Borrowings
1,178
1,652
518
LT Finance Leases
268
190
232
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
662
662
662
Market Capitalization
8,103
8,705
9,155

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
25,423
25,999
27,977
Cash, Cash Equivalents & STI
2,921
4,494
5,186
Accounts Receivable, Net
5,044
5,678
5,730
Inventories
4,945
4,984
4,884
Total Current Liabilities
18,979
18,821
20,992
Payables & Accruals
- -
- -
- -
ST Debt
8,424
8,324
9,734
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
56.65%
78.08%
7.21%
Free Cash Flow
-152.83%
-316.72%
-171.62%
Net Income, GAAP
-432.94%
-709.17%
-73.49%
Sales/Revenue/Turnover
93.82%
97.87%
-0.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,912
6,279
7,324
7,678
32,725
2025
9,062
8,522
7,572
10,095
32,494
2026
9,394
9,547
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.78
0.24
0.82
0.8
2.99
2025
0.22
-0.52
0.22
0.8
0.79
2026
0.22
0.63
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Mert Altinkilinc
Full Time Employees
2,076
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Istanbul Turkey
IPO Date
Jun 20, 1994
Website
kerevitas.com.tr
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Business
Besler Gida ve Kimya Sanayi ve Ticaret AS is a Turkey-based food manufacturing company primarily engaged in the development, production, refining, and commercialization of edible vegetable fats, margarines, cooking oils, and specialized industrial food ingredients. Founded in 1992 and headquartered in Istanbul, Turkey, the company operates as a core subsidiary of Kerevitas Gida Sanayi ve Ticaret AS within Yildiz Holding. Besler Gida organizes its business activities into two primary operational segments: Consumer Products and Industrial and Foodservice Solutions. The company's product portfolio comprises consumer packet and tub margarines marketed under household brand names including Bizim Yag, Teremyag, Luna, Ona, and Sabah; refined liquid edible oils, including sunflower seed oil, corn oil, and vegetable oil blends; specialized bakery fats, puff pastry margarines, and culinary fats for professional kitchens; high-performance frying oils and deep-frying fat blends; industrial specialty fats, confectionery fats, biscuit and wafer cream fats, and chocolate coating lipid systems marketed under the Ustam and Bizim Profesyonel brands; and customized lipid solutions developed for commercial food processors and private-label clients. Besler Gida serves retail consumers, retail supermarket chains, commercial foodservice providers, hotels, restaurants, bakeries, and multinational food manufacturers throughout Turkey, alongside export markets across the Middle East, North Africa, Central Asia, and Eastern Europe. In recent operational and strategic developments, Besler Gida has expanded its portfolio of clean-label, non-hydrogenated, and plant-based specialty fats, while securing Roundtable on Sustainable Palm Oil (RSPO) certifications across its product lines to meet stringent international sustainability standards. The company has also executed continuous manufacturing automation and capacity optimization projects at its primary Pendik production facility in Istanbul, while strengthening operational, research and development, and cross-border distribution synergies under the unified Kerevitas corporate structure to expand export sales in regional emerging markets.