Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalat Sanayi A.S.

Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalat Sanayi A.S.

BBIST:GIPTA
21.50
TRY
-1.96
(-8.35%)
9.11BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.15
1.16
9.56
14.19
20.68
17.12
- -
Basic EPS, GAAP
0.03
0.11
0.02
1.51
1.8
1.7
- -
Free Cash Flow per Basic Share
-0.07
0.15
1.94
-2.97
2.35
1.32
0.59
Dividend per Share
- -
- -
0.41
0.39
0.34
1.19
-0.21
Book Value per Share
0.64
1.58
6.38
17.9
24.79
25.13
27.2
Tangible Book Value per Share
0.64
1.58
6.38
17.9
24.79
25.13
27.19
Basic Weighted Avg Shares
132
132
132
132
132
132
132
Sales/Revenue/Turnover
151
153
1,262
1,873
2,729
2,260
- -
Operating Margin (%)
6.31
12.02
12.2
11.08
13.27
16.72
- -
Depreciation Expense
- -
- -
3
27
31
45
44
Net Income, GAAP
4
15
2
199
238
224
- -
Effective Tax Rate (%)
23.33
- -
97.71
29.68
35.6
53.17
- -
Profit Margin (%)
2.55
9.81
0.18
10.61
8.71
9.9
- -
Working Capital
92
129
375
1,574
2,155
2,227
2,358
LT Debt
29
26
61
76
13
2
- -
Total Equity
85
209
843
2,363
3,273
3,317
3,590
Return on Invested Capital (%)
- -
- -
0.45
6.84
8.09
5.08
- -
Return on Capital (%)
- -
- -
0.46
17
9.96
7.43
- -
Return on Common Equity (%)
- -
10.23
0.43
12.4
8.44
6.79
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
143
99
103
LT Borrowings
2
1
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
132
132
132
Market Capitalization
9,148
8,633
9,108

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,496
2,810
2,806
Cash, Cash Equivalents & STI
1,790
2,091
1,889
Accounts Receivable, Net
359
263
337
Inventories
266
326
449
Total Current Liabilities
269
419
448
Payables & Accruals
- -
- -
- -
ST Debt
143
99
103
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
134.11%
1.37%
Free Cash Flow
- -
92.49%
-43.85%
Net Income, GAAP
- -
1,780.07%
-5.85%
Sales/Revenue/Turnover
- -
160.45%
-17.18%
Total Cash Common Dividend
- -
- -
245.47%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
304
290
1,746
281
2,729
2025
143
280
- -
243
2,260
2026
189
170
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.73
0.88
1.48
0.18
1.8
2025
-0.42
4.18
- -
-2.88
1.7
2026
-0.79
0.03
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.02
0.34
2025
- -
- -
-0.34
0.13
1.19
2026
- -
- -
- -
- -
- -

Company Description

Full Time Employees
280
Sector
Producer manufacturing
Industry
Office equipment/Supplies
Address
Ankara Turkey
IPO Date
Sep 14, 2023
Business
Gipta Ofis Kirtasiye ve Promosyon Urunleri Imalat Sanayi A.S. is a Turkey-based manufacturing and commercial enterprise primarily engaged in the design, production, marketing, and distribution of paper stationery, office supplies, school products, promotional goods, and specialized packaging solutions. Founded in 1990 and headquartered in Ankara, Turkey, the company operates an integrated manufacturing facility located in Sincan-Temelli, Ankara, alongside a showroom and sales office in Istanbul. The company serves both retail consumer channels and commercial corporate clients, distributing products across a domestic network of over 9,000 sales points and exporting to more than 20 countries across Europe, the Balkans, and the Middle East. The company segments its commercial portfolio into four primary divisions: Paper Stationery, Office Accessories, School and Educational Supplies, and Corporate Promotional and Packaging Solutions. Its systematic product offerings include: paper stationery products, encompassing dated and undated planners, agendas, wire-o and spiral notebooks, case-bound hardback notebooks, sketchbooks, memo blocks, desk pads, and document folders; writing instruments and office supplies, comprising ballpoint pens, fineliners, gel pens, highlighters, markers, correction fluids and tapes, tape dispensers, desktop organizers, scissors, staplers, hole punches, and desktop calculators; school and children supplies, consisting of non-toxic coloring pencils, crayons, watercolor sets, play dough, geometry sets, and pencil cases; customized corporate promotional items and luxury packaging, including branded company diaries, custom-printed wall and desk calendars, presentation folders, corporate gift sets, rigid luxury gift boxes, jewelry boxes, paper carrier bags, and folding cartons. In addition to its proprietary Gipta-branded product lines, the company serves as the authorized general distributor in Turkey for STICK'N brand self-adhesive notes and indexing products. In recent strategic developments, Gipta completed its initial public offering on Borsa Istanbul in September 2023 under the ticker symbol GIPTA, utilizing offering proceeds to fund capital expenditures, reinforce working capital, and reduce debt obligations. Key operational and strategic investments include the expansion of domestic production capacity through the procurement of modern high-speed printing and binding machinery, the construction of additional manufacturing premises in Ankara, and the installation of a rooftop solar photovoltaic power plant to enhance operational sustainability and self-sufficiency. At the corporate level, major shareholder interests include Bilge Grup Kagitcilik Cevre Enerji Insaat Tarim Urunleri San. Tic. A.S. and CPR Enerji Uretim Sanayi ve Ticaret A.S., with international commercial ties supported through its affiliate Mosaik Private Company. The company continues to broaden its market presence through modernized corporate governance, expanded export partnerships, and the introduction of sustainable, environmentally certified paper products across its stationery and packaging lines.