Borlease Otomotiv AS

Borlease Otomotiv AS

BBIST:BORLS
2.73
TRY
-0.02
(-0.73%)
-4.05EPS
4.75BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.97
1.85
4.82
6.56
12.79
9.93
9.07
Basic EPS, GAAP
0.01
0.07
1.3
1.05
-2.94
-5.57
-4.05
Free Cash Flow per Basic Share
0.09
0.24
-3.23
-2.45
-3.97
-3.83
0.39
Dividend per Share
- -
- -
- -
0.17
0.01
- -
- -
Book Value per Share
-0.06
0.01
2.27
5.71
4.52
-1.43
-1.83
Tangible Book Value per Share
-0.13
-0.06
2.04
5.41
4.18
-1.73
-2.16
Basic Weighted Avg Shares
700
700
700
700
700
700
699
Sales/Revenue/Turnover
682
1,293
3,372
4,593
8,952
6,954
6,338
Operating Margin (%)
20.82
18.55
6.16
5.9
9.43
-4.53
-3.47
Depreciation Expense
2
4
740
1,150
2,299
1,942
1,688
Net Income, GAAP
6
46
912
734
-2,060
-3,902
-2,831
Effective Tax Rate (%)
40.92
- -
5.58
- -
- -
- -
- -
Profit Margin (%)
0.87
3.56
27.04
15.99
-23.01
-56.1
-44.68
Working Capital
-228
-561
-1,338
-980
-3,078
-5,190
-6,737
LT Debt
618
472
801
1,376
2,502
4,535
2,730
Total Equity
-32
-20
1,586
3,995
3,164
-991
-1,274
Return on Invested Capital (%)
- -
- -
8.76
- -
- -
- -
- -
Return on Capital (%)
- -
- -
63.65
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
114.48
26.32
-57.56
- -
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,952
6,426
7,671
LT Borrowings
4,136
3,417
2,379
LT Finance Leases
399
335
351
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
694
694
694
Market Capitalization
2,749
1,930
4,748

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
4,393
4,963
4,911
Cash, Cash Equivalents & STI
57
82
62
Accounts Receivable, Net
1,733
2,563
2,647
Inventories
193
227
20
Total Current Liabilities
9,583
10,480
11,648
Payables & Accruals
- -
- -
- -
ST Debt
5,952
6,426
7,671
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-1,614.29%
-131.33%
Free Cash Flow
- -
-246.19%
-3.46%
Net Income, GAAP
- -
449.88%
89.38%
Sales/Revenue/Turnover
- -
71.86%
-22.32%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,219
1,696
2,656
2,708
8,952
2025
1,750
1,594
2,147
1,986
6,954
2026
1,266
938
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.67
-0.24
-0.42
-1.27
-2.94
2025
-0.74
-1.24
-0.63
-3.32
-5.57
2026
0.01
-0.13
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
264
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Umraniye Turkey
IPO Date
Oct 19, 2023
Business
Borlease Otomotiv AS is a Turkey-based automotive leasing and mobility solutions provider that specializes in long-term operational fleet leasing, short-term vehicle rental, second-hand vehicle trading, and integrated fleet management services. Founded in 2013 and headquartered in Istanbul, Turkey, the company operates as a key automotive subsidiary of Bor Holding, serving corporate enterprises, small and medium-sized businesses, and retail customers nationwide. The company delivers a comprehensive portfolio of mobility products and services categorized into primary business activities: long-term operational fleet leasing, providing multi-year passenger and light commercial vehicle leases bundled with full-service maintenance, tyre replacement and storage, periodic inspections, motor insurance administration, substitute vehicle logistics, and 24/7 emergency roadside assistance; short-term car rental operations, conducted primarily through the Sixt rent a car master franchise in Turkey across major international and domestic airports as well as city center branches; second-hand vehicle sales and remarketing, overseeing the valuation, refurbishment, and resale of retired fleet vehicles to dealers and individual buyers; and connected mobility solutions, encompassing telematics-based fleet tracking, automated fuel management systems, toll payment integration, and digital fleet reporting platforms. In recent developments, Borlease Otomotiv completed its initial public offering on Borsa Istanbul in October 2023 under the ticker BORLS to accelerate fleet growth and strengthen capital structure. The company has subsequently advanced its sustainable mobility strategy by incorporating electric and hybrid vehicles into its leasing portfolio, rolling out electric vehicle charging infrastructure under the Estasyon brand, expanding the geographical footprint of its Sixt rental network, and upgrading its proprietary digital fleet management platforms to enhance operational efficiency.